Key vendors to strategically increase their sales through pro shops retail format
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global mattress market in their latest research report. This report also lists seven other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global mattress market is highly competitive in nature and is characterized by the presence of both major vendors and private players operating across the globe. Retailers in the market have more points of distribution and better brand name recognition. Specialty furniture retail stores, e-commerce websites, and direct-mail catalogs compete with other retailers, including large department stores and discount retailers to gain market shares and strengthen their foothold in the competitive market.
According to Brijesh Choubey, a lead analyst at Technavio for research on furniture and home furnishing, “Key players in the market are offering mattresses that can be customized according to the end-user requirements to cater to the shift in consumer preferences. The size, shape, and design can be altered as per the customer requirement. Vendors are also offering mattresses custom-made to suit bolsters, yachts, windows, and V-berths, or into products such as T-cushions, L-cushions, and chair cushions.”
Click here to request a free sample of this report
Top five vendors in the global mattress market
Kingsdown
Kingsdown engages in the design and manufacture of luxury mattresses and sells its products through retailers in the US and internationally. The company’s product offerings include hybrid, innerspring, intelligent, latex foam, and memory foam mattresses.
Key products: Innerspring mattresses, Memory foam mattress, Hybrid mattresses, and Latex foam mattresses.
Select Comfort
Select Comfort designs, manufactures, and markets air bed mattresses, foundations, and accessories. It offers beds under the brand name Sleep Number. The company markets its products through retail stores in the US. As of January 2016, the company operates 488 Sleep Number stores in the US.
Key products: Memory foam mattresses.
Serta
Serta is a manufacturer and supplier of mattresses and its accessories for use in homes and hotels. The company sells its products through retailers in the US and globally. It also sells its products through the online channel. It has manufacturing facilities in the US and Canada. Serta has operational presence in more than 100 countries.
Key products: Innerspring mattresses, Memory foam mattress, and Hybrid mattresses.
SPRING AIR International
SPRING AIR International designs and manufactures mattresses and sleeps sets. It sells products through dealers and retailers across the world. The company has 13 domestic factories and 22 international licensees and operates in 32 countries.
Key products: Memory foam mattresses and Innerspring mattresses.
Tempur Sealy International
Tempur Sealy International designs, manufactures, and markets mattresses, foundations, pillows, and other bedding-related products. It offers products through Tempur, Cocoon by Sealy, Tempur-Pedic, Sealy Posturepedic, and Stearns & Foster brands.
Key products: Innerspring mattresses, Memory foam mattresses, Latex foam mattresses, and Hybrid mattresses.
Ask an analyst to know more about this report
Browse related reports
- Global Bedroom Furniture Market 2016-2020
- Global Home Furnishings Market 2016-2020
- Global Office Furniture Market 2016-2020
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/