Mattress and Bedroom Furniture Retailing in Australia Industry Market Research Report Now Updated by IBISWorld

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After a long period of declining revenue, the Mattress and Bedroom Furniture Retailing industry in Australia is finally returning to growth. For this reason, industry research firm IBISWorld has updated its report on the Mattress and Bedroom Furniture Retailing industry in Australia.

IBISWorld Market Research

IBISWorld Market Research

Positive economic conditions are expected to result in a prosperous period for industry operators.

The Mattress and Bedroom Furniture Retailing industry in Australia has sagged under unfavourable market conditions over the past five years. Revenue slumped over 2008-09 during the worst of the global financial crisis. The resulting declines in consumer sentiment and discretionary spending translated to unfavourable sales for industry operators. According to IBISWorld industry analyst Kosta Lev, “post-crisis blues kept the retail market subdued in the years following the crisis, with industry revenue continuing to decline every year up to and including 2011-12”. The industry made a slight comeback in 2012-13, posting a return to growth. In 2013-14, the industry is expected to start picking up momentum with a revenue gain of 0.8%. Overall, these figures are expected to translate to an annualised revenue decline of 1.2% for the industry over the five years through 2013-14, to reach $2.4 billion.

Negative conditions from the housing construction sector caused by unfavourable housing affordability and high household debt levels led to reduced demand for new bedroom furniture from new home owners. Housing construction picked up again from 2012-13 and increased demand for industry products. On the whole, demand for industry products has remained weak over the past five years, despite growth in disposable income levels. Consumers remained unsure of their ability to repay debts given the uncertain economic climate. “Disposable incomes were artificially heightened by the reductions in interest rates over the period, as the government attempted to boost retail spending,” says Lev. As economic conditions stabilised later in the period and sentiment began improving, the low interest rates and higher incomes began translating into positive demand for industry goods. Weak consumer demand and strong competition has led to a reduction in industry profitability over the five years through 2013-14. The industry has a low level of market concentration, with Forty Winks Pty Ltd and Steinhoff Asia Pacific Holdings Pty Ltd the only major players.

Over the next five years, positive economic conditions are expected to result in a relatively prosperous period for operators in the Mattress and Bedroom Furniture Retailing industry. The positive results will be on the back of continuing growth in incomes and better results from housing construction compared with the previous period. Fluctuations in consumer sentiment will also affect demand for industry products over the next five years, while the projected increases in interest rates could threaten further growth over the period.

For more information, visit IBISWorld’s Mattress and Bedroom Furniture Retailing in Australia industry report page.

Follow IBISWorld on Twitter:!/ibisworldau

IBISWorld industry Report Key Topics
This industry comprises specialist retailers of bedroom furniture. The sale of mattresses, beds, bedroom furniture, kids furniture and bedding and manchester is included in the industry.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit or call (03) 9655 3886.

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Gavin Smith
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