Global Mattress Production Increased From 150 Million Units In 2013 To 187 Million Units In 2017
Friday, 30 Nov, 2018
First, for industry structure analysis, the Mattress industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 25 % of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Mattress industry.
Second, the production of Mattress increased from 150 million units in 2013 to 187 million units in 2017 with an average growth rate of 5.62%.
Third, China occupied 33.96% of the production market in 2017. It is followed by North America and Europe, which respectively account for around 24.60% and 16.42% of the global total industry. Other countries have a smaller amount of production. Geographically, China and North America were the largest consumption market in the world, which respectively took about 26.69% and 26.65% of the global consumption volume in 2017.
Fourth, for price trend analysis, a key variable in the performance of Mattress producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global Mattress revenue would keep increasing with annual growth rate with 5~8%. We tend to believe that this industry still has a good future, considering the current demand of Mattress.