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
By Type of Mattress
Foam and Latex
By Type of Spring Mattress
By Distribution Channel
By Price Segment
By Market Structure
By Type of Manufacturing
Key Target Audience
Mattress Fabric Ticking Companies
Private Equity Investors
Time Period Captured in the Report:-
Historical Period: FY’2013-FY’2018
Forecast Period: FY’2019-FY’2023
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
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:-
Ankur Gupta, Head Marketing & Communications