Eco-friendly Mattress, Eco-friendly Sleep, Clear Conscience.
The demand for organic and eco-friendly mattresses is increasing in many developed and developing economies. This is mainly due to growing consumer preference for healthier products and increasing concerns about harmful chemicals, pesticides and allergies. Organic and eco-friendly mattresses are manufactured using organic and natural materials, which reduce both health and environmental risks. To cater to the growing consumer demand for organic and eco-friendly products, several mattress manufacturers have switched over to alternative materials such as organic cotton, wool, natural latex, organic latex, plant-based foams, and other plant materials. Some of the examples include mattress manufacturing companies Sealy and Simmons, which use plant-based foams and latex to produce mattresses.
MATTRESS, BLIND AND SHADE MANUFACTURING MARKET TO GROW TO $149 BILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY.
The global mattresses, blinds and shades manufacturing market is expected to grow to $149 billion in 2020 at a compound annual growth rate (CAGR) of 6.7%. Asia was the largest region in the mattresses, blinds and shades manufacturing market in 2016, accounting for $46 billion or 40.7% market share. This was mainly due to high demand for mattresses, blinds and shades in countries such as China and India due to economic growth in those countries.
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The chart below shows the year-on-year growth of the global mattress, blind and shade manufacturing market during 2016 - 2020.
According to The Business Research Company’s Manufacturing Consultant, Abdul Wasay, adjustable bases for mattresses are gaining traction among consumers. This is primarily due to growing consumer preference to use beds for reading books, work on laptops, or watch TV. Adjustable mattress bases provide customizable sleep experience by providing posture support, raised feet and massaging options to the user. To serve growing consumer demand, various mattress manufacturers such as L&P, Softide and Glideaway are offering a range of adjustable mattress bases to consumers.
Tempur Sealy International, Inc. was the largest company in the mattress, blind and shade manufacturing market with revenues of $3.2 billion in 2015. Tempur Sealy International, Inc.’s growth strategy includes expansion into new markets and making acquisitions. For instance, in January 2015, the company announced plans to launch products from three of its portfolios in Las Vegas.
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The mattress, blind and shade manufacturing market comprises establishments involved in producing mattresses, blinds and shades. Products of the industry include mattresses, venetian blinds, window blinds, shades, curtain, drapery rods, and drapery fixtures.
The mattress, blind and shade manufacturing industry includes the following:
Mattress Manufacturing comprise companies engaged in producing box spring, innerspring and non-innerspring mattresses and mattresses for waterbeds.
Blind And Shade Manufacturing firms engage in producing venetian blinds, other window blinds, shades, curtain and drapery rods, poles, curtains and drapery fixtures. The blinds and shades products may be manufactured on a custom or stock basis.
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