Revenues and shipments of units also increased, which has given the industry its much needed boost. The said report comprises innerspring and non-innerspring mattress sales from companies that are part of the ISPA, which is about 15 mattress producers, specifically:Corsicana Bedding Fraenkel Bedding Jamison Bedding Kingsdown Inc. Omaha Bedding Restonic Inc. Select Comfort Serta Inc. Simmons Bedding Co. Southerland Inc. Standard Mattress Co. Tempur Sealy Inc. And three other unnamed companies
Tagged: international sleep products
The International Sleep Products Association (ISPA) and its key working group and members has drafted a new crib mattress standard or guideline that the American Society for Testing and Materials (ASTM), a regulating body, has just approved. This new standard is aimed at a better and safer sleep environment that will help prevent SIDS and other threats and accidents for babies and infants while sleeping.
While there were positive news about the bedding industry at the end of last year, it looks like things slowed down in January, with regards mattress sales.
According to a report by the ISPA, or International Sleep Products Association, gains for the previous month only increased by less than 1%. Yet despite this very poor number, industry insiders still believe there’s something positive in the offing, at least in comparison to last year’s sales and performance.
For the next two years, sales of US mattress will continue to rise, according to industry experts from the International Sleep Products Association (ISPA). This projected status is both applicable in sales value as well as the number of demands for new mattresses. Forecaster say that for the first few months of 2013, the expected gain would be at around 2.3% in quantity of shipment, while it can grow to as much as 4.5% by the following year.
Failing to get the right number of votes at the state legislation, California’s mattress disposing bill, which imposes heavy requirements from mattress manufacturers, is for now, dead on its tracks.
According to a report, the bill, which was passed last week, required manufacturers of mattress to run recycling programs and fund this using their own budget. This essentially means that the measure would be costly for manufacturers, when the state should provide for such programs to exists.
Mattress dumpers beware!
Senator Loni Hancock from Oakland, California is pushing for a new legistation that will make manufactures and retailers liable for mattress disposals that would allow them to post fees onto the consumers.
The problem has been growing in this state and the local government has spent over $500,000 last year just to get rid of mattresses left on the city streets.
According to the International Sleep Products Association’s index, sales for the month of January 2012 have been brisk for the mattress industry. There was at least an 18.5% gain with units sold, as well as a 29% gain in shipments.
This index takes into account some 18 popular bedding producers in the country. This is good news for the industry, however, the same index also indicates that high sales is not expected to be the same all throughout the year.
The ISPA Expo is where the core of the business industry meet every year to showcase, introduce or find product improvements in the mattresses they create or the service they render to consumers. It’s a trade show that is exclusively about the industry, and this event has been going on for years.
Studying product safety when it comes to mattress design and manufacturing is now being offered at university level, according to the International Sleep Products Association (ISPA).
The program is offered at the Saint Louis University’s John Cook School of Business in St. Louis, MO and will be held on December 5-6, 2011.