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The United Kingdom Mattress Market is predicted to grow at a CAGR of 1.52% during the forecast period (2021-2026).
The mattress manufacturing sector creates spring, foam, and other types of mattresses, as well as mattress supports. The United Kingdom mattress industry's income, establishment numbers, and the number of businesses has been growing, boosted by an improving housing market. Furthermore, the sector has undergone tremendous change owning to increased health consciousness throughout time. Consumer desire for more technologically advanced mattresses with extra health benefits has prompted companies to respond quickly, boosting industry revenue. The industry may encounter greater demand from the healthcare sector since the number of individuals admitted to hospitals has increased during the pandemic. The industry is likely to benefit from increased downstream demand from bed-in-a-box merchants, as well as product and process innovation from manufacturers. Furthermore, ongoing government programmes are projected to boost the industry's performance through stimulating capital investment on homes through boosting residential property transfers. In the mattress sector in the United Kingdom, new products are being developed. With the rise of smart mattresses and more natural, organic products, diversification will only become more important in the future of the industry. Diversification may become more crucial in the future of the industry as new goods are produced, such as smart mattresses and more natural, organic items.
The United Kingdom mattress manufacturing industry's revenue is projected to be curtailed in 2020, as the number of residential property transactions is projected to fall sharply due to the COVID-19 outbreak. Due to various supply chain disruption and input price inflation induced by the pandemic, industry profitability is projected to suffer. Purchase costs are expected to be impacted as well, with input costs likely to rise because of supply chain disruptions.
Scope of the Report
The scope, size, disposition, and growth of the industry, as well as significant sensitivities and success factors, are all covered in this research. Industry predictions, growth rates, and a study of the industry's top competitors and their market shares are also included. The United Kingdom Mattress Market is segmented by Type (Innerspring Mattress, Memory Foam Mattress, Latex Mattress and Others), By Application (Residential, and Commercial), and By Distribution Channel (Online, and Offline).
|By Distribution Channel|
Key Market Trends
Rapidly Increasing Mattress Sales through Online Retailers
Consumers are more at ease making large purchases over the internet, which is changing the way consumers think about purchasing durable consumer goods like mattresses. Most businesses appear to be expanding, with online bed and mattress retailers indicating gains. In the struggle for market share supremacy, search engine optimization is a powerful, and one of the secret factors that new businesses are employing to gain more revenue. People demand products and services delivered at the speed of light as technology continues to take over the market, and the internet will only become more important as a result. Digital marketing is critical in the mattress industry right now, and companies that can sell their products online remain the industry's top performers.
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Increasing Imports of United Kingdom Mattresses
Mattress imports to the United Kingdom totalled USD 694 million in 2019, up 4.21% from USD 666 million the previous year, putting the country fifth in the world. The United Kingdom, as the world's sixth-largest economy, ranks fifth among mattress importers due to its growing population and rising spending power. The country's property laws are well-enforced, and ongoing government programmes are expected to increase the mattress industry's performance by supporting capital investment in houses and increasing residential property transfers. Mattress firms from the United States, are now fighting for market share in the United Kingdom by catering to these and comparable niches.
United Kingdom mattress industry includes companies that manufacture spring or stuffed mattresses and those with internally fitting support material. Moreover, it also includes the manufacture of uncovered cellular rubber, plastic mattresses and mattress supports. Some of the key players in the United Kingdom mattress market are Silentnight Group Ltd, Carpenter Ltd, Blue Group Hold Co Ltd, Harrison Spinks Beds Ltd, Airsprung Group plc, Sleepeezee Holdings Ltd, Magniflex, Tempur, Simba, Vispring, and other prominent players.
- June 2021, Eclipse International, a mattress maker, will debut two mattress designs from its joint venture with Millbrook Beds, based in the United Kingdom, at the upcoming High Point Market. The Eclipse will manufacture a Millbrook collection and distribute a Millbrook mattress line made in the United Kingdom across the United States under the conditions of the joint venture agreement.
- May 2021, Dreams, the top specialty bed retailer in the United Kingdom, has been acquired by Tempur Sealy International, Inc., primarily from an entity of Sun Capital Partners, Inc. The deal will help Tempur Sealy expand in the largest European bedding market and the world's sixth-largest economy.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Methodology
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.7 Technological Innovation in the Industry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.2 Memory Foam
5.2 By Application
5.3 By Distribution Channel
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Silentnight Group Ltd
6.2.2 Carpenter Ltd
6.2.3 Blue Group Hold Co Ltd
6.2.4 Harrison Spinks Beds Ltd
6.2.5 Airsprung Group plc
6.2.6 Sleepeezee Holdings Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The United Kingdom Mattress Market market is studied from 2017 - 2026.
What is the growth rate of United Kingdom Mattress Market?
The United Kingdom Mattress Market is growing at a CAGR of 1.52% over the next 5 years.
Who are the key players in United Kingdom Mattress Market?
Silentnight Group Ltd, Carpenter Ltd, Harrison Spinks Beds Ltd, Airsprung Group plc, Sleepeezee Holdings Ltd are the major companies operating in United Kingdom Mattress Market.