Global Beds and Mattresses Market to Exceed $27 Billion by 2015

According to this news, things are looking up for the mattress industry in the years to come. This should be good news to all retailers.

images Beds and Mattresses: A Global Strategic Business Report
Traditional innerspring mattresses market represents the largest product segment. Non-innerspring (specialty) mattresses market, outsmarting the traditional market in terms of growth, is projected to register a steady growth over the period 2006-2015.

Decline in sales of fashion comforters and sluggish growth in duvet covers and quilts segments obstructed the growth of the overall mattress market in 2007, while bedding sets, coverlets, and bedspreads remained strong in the total market. However, economic uncertainty, coupled with price volatility prevailing in the energy market, is expected to slash down the sales of beds and mattress market, worldwide. Though the market is projected to rebound after the waves of uncertainty move back, the recoil is forecast to take place only after 2009 and at a sluggish rate. Bedding retailers are compelled to stick on to their basic business and prop up promotion. Delay of replacement cycle and restricted purchases are expected to plunge down the sales.

The complete report is here.

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