Mattress Sales to Pile Up by 2011
This is probably great news for those connected to the mattress industry. Research from SBI Reports, a marketing arm that taps and checks trending in many industries and consumer goods establishments, indicate that the market value of mattresses should increase into a 10-billion dollar industry by 2011 in the US alone.
From 2002 to 2006, the value of mattress shipments increased 11% annually as a result of fairly substantial increases after 2003. Imports grew at an 18% CAGR, slightly faster than exports (14%). For the projected period, 2007 through 2011, SBI forecasts strong growth of exports, from $246 million in 2007 to $438 million in 2011 (a 16% CAGR), as U.S. companies target new markets, particularly in Asia. Imports are expected to grow at a slightly lower CAGR, 12% over the next five years, while shipments, the largest segment of the mattress market, will post a 10% CAGR.
The report is available here.
Tags: consumer_goods, dollar_industry, MATTRESS News, mattresses, mattress_industry, sbi_reports
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November 19th, 2007 at 8:19 pm
Consumers buying mattresses made after July 1, 2007, should be aware that they must meet new flammibility standards. You may not die in your bed from a fire, but you are quite possibly killing yourself from the carginogenic fumes from the fire retardents used to meet these new standards. I’ve bought two mattresses in the last six weeks and both give off fumes. The manufacturers are not admitting anything and the US Product Safety Commission is admitting even less…their agenda was and is flammibility. Only when there is enough public outrage about these irrational standards at the expense of your health will something be done. If you have had a bad experience recently, please add your comments, contact the manufacturer and above all let the USPSC know your complaints. Currently the USPSC is very happy about the industry is meeting their new standards…we must let them know we are angry as hell that they are gassing us.
November 21st, 2007 at 8:10 pm
tempurpedic donated 8,000 mattresses a $15,000,000 (value if they were new) of used returned mattresses. I wonder if they have so many returns because people do not like the smell of there mattresses.