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Home Consumer products and Retail Australia Mattress Market Revenue is expected to Reach over AUD 800 Million...

Australia Mattress Market Revenue is expected to Reach over AUD 800 Million by the year ending 2023: Ken Research

In Australia, the Number of Hotel rooms and hospital beds will increase at a CAGR of 1.3% and 2.3% respectively during the period FY’2018-FY’2023E. It will positively increase the demand for mattresses in the country.

  •  Rise in number of Tourists, as well as people going for camping, trekking and traveling in caravans, will result in a rise in mattress sales.
  •  The rising awareness about healthy sleep is a major favorable factor driving mattress sales.

Increase in number of Tourists: In the future, it is expected that the number of tourists visiting Australia will lead to an increase in the demand for mattresses especially from the hotel chains. Customized mattresses will be largely demanded as Australia is one of the major tourist destinations for outings and camping sites, therefore, a rise in demand for mattresses for caravans, tents, and trekking will positively boost the mattress market.

New Technological Innovations: In Australia, it is expected that in the future there will be increasing demand for a temperature-controlled mattress which can sense the room temperature and automatically adapt to it by altering its own temperature. Another innovation expected in mattress technology is the self cleaning mattress; which will use technology such as a vacuum cleaner to get rid of dust particles on its own.

Raising Awareness about Good sleep: Good sleep includes sleeping with proper posture. The Australian population is becoming more aware of the adverse effects of bad sleep. People are becoming aware that a good mattress can alleviate lower back pain issues. Therefore, raising awareness about good sleep will further augment the growth of the mattress market in Australia.

Analysts at Ken Research in their latest publication Australia Mattress Market Outlook to 2023- By Size (King, Queen, Double, Single), By Type (Spring – Pocket and Inner Spring, Foam & Latex and Others), By Distribution Channel (Retail and Direct), By Price (Mass, Economy, and Premium), By Organized and Unorganized Segment” believed that the Australia mattress market will increase due to rising demand for camping and caravan mattress, surge in a number of Hospital beds and growth in a number of hotels.

The market is expected to register a positive CAGR of 3.5% in terms of revenue during the forecast period FY’2018-FY’2023E.

Key Segments Covered:-

By Size of Mattress

King and Super Kingsize

Queen size

Double size

Single size

By Type of Mattress

Spring

Foam and Latex

Others

By Type of Spring Mattress

Pocket Spring

Inner Spring

By Distribution Channel

Retail

Direct

By Price Segment

Mass

Economy

Premium

By Market Structure

Organized

Unorganized

By Type of Manufacturing

Domestic Manufacturing

Imports

Key Target Audience

Mattress Fabric Ticking Companies

International Manufacturers

Mattress Retailers

Private Equity Investors

Online Portals

Time Period Captured in the Report:-

Historical Period: FY’2013-FY’2018

Forecast Period: FY2019-FY’2023

Companies Covered:-

Dyer Holdings Pty Ltd (Sealy)

A H Beard Holdings Pty Ltd

Australia Comfort Group Holdings Pty Ltd.

Fantastic Holdings Limited

Makin Mattresses Pty Ltd

Sleepeezee Bedding Australia

Regal Sleep Solutions

Vanrest Beds Direct

Slumberest Pty Ltd

Koala

Onebed

Ergoflex

Ecosa

Greywing

Sleep Republic

Sleeping Duck

Sommuto

Key Topics Covered in the Report:-

Box beds Mattress Market Australia

Mattress Sale in Australia Market

Waterbeds Market Australia

Ecosa Mattresses Sales Australia

Australia Super King size mattress Market

Orthopedic Mattress Market Australia

Mattress Warranty in Australia Market

Koala Mattress Sales Australia

Sealy Mattresses Sales Australia

Mattress for Luxury Hotels Australia

Mattress for camping and tents Australia

Mattresses for Caravan Australia

Pocket spring Mattress Australia

Innerspring Mattress Australia

Mattress for Hospital beds Australia

Mattress for Hotels Australia

For More Information, Refer To Below Link:-
Australia Mattress Market Outlook

Related Reports by Ken Research:-

Indonesia Mattress Market By Type (Spring, Latex, Hybrid, Foam), Size (King, Queen, Single Size), By End Users (Residential, Non-Residential) And Region – Outlook To 2021

Vietnam Mattress Market By Type (Spring, Latex, Hybrid, Foam), Size (King, Queen, Single Size), By End Users (Residential And Non-Residential) And Region – Outlook To 2021

Philippines Mattress Market Outlook To 2021- Growing And Expanding Healthcare And Hospitality Sector To Augment Market Growth

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com

+91-9015378249

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