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Medical Mattress Factory Talks About The Market Prospect Of Mattress Industry

Views: 0     Author: Site Editor     Publish Time: 2019-08-20      Origin: Site


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The mattress is a kind of material between the human body and the bed used to ensure that the consumer gets a healthy and comfortable sleep. According to different materials, there are five main types of mattresses on the market: sponge mattresses, mats, spring mattresses, latex mattresses, and memory foam mattresses. Among them, the spring mattress is still the mainstream.

With the continuous improvement of domestic residents' income level, urbanization rate and mattress consumption habits, the domestic mattress market has entered a stage of rapid development. According to the statistics of the “Mattress Industry Market Preview and Investment Strategic Planning Analysis Report” released by the Prospective Industry Research Institute, the total consumption of mattresses in China increased from US$5.44 billion in 2012 to US$8.18 billion in 2016, and CAGR reached 7%. It has surpassed the United States to become the world's largest mattress consumer market. The growth rate has declined slightly in the past five years, but it still guarantees an average growth rate of 13%, and the market scale is growing at a considerable rate. It is estimated that the total consumption of mattresses in China will exceed 10 billion US dollars in 2018, reaching 10.48 billion US dollars.

China's mattress industry has shown the characteristics of small companies in large industries. Although the size of China's mattress industry in 2015 has surpassed the US to become the world's largest mattress consumer market, from the perspective of market concentration, according to the size of the mattress market and each According to the calculation of enterprise revenue data, the concentration of CR4 in China's mattress industry in 2017 was only 14.5%, far lower than 70% in the US. There is no single leading brand in the market.

The price of mattress raw materials TDI and polyether is still high compared with 2016. The survival pressure of mattress enterprises is rising, and the survival space of small enterprises will be even worse. In this environment, small-capacity enterprises with backward production capacity and insufficient brand influence will be cleaned out, and large enterprises with strong cost control and scale advantages will be expected to seize industry opportunities and expand their market share.

Foshan Hongfeng Co., Ltd. is a renowned manufacturer specializing in the medical field with over 20 years industry experience and more than 300 employees.
We are professional in making medical rehabilitate products, specialize in the design and manufacture of medical air mattress, wheelchair, oxygen concentrator, air compressor therapy (leg massager ), compressor nebulizer, suction machine, APP wheelchair cushion, water mattress and other rehabilitate products.
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