Mattress Manufacturing in Canada Industry Market Research Report Now Available from IBISWorld

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The recession caused a sharp contraction in mattress unit sales and average selling prices that resulted in severe financial distress for many industry firms; revenue growth will likely resume over the next five-year period, but continued increases in global competition will keep the industry in decline. For these reasons, industry research firm IBISWorld has added a report on the Mattress Manufacturing industry to its growing industry report collection.

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Residential market demand will improve, but competition from imports will limit growth

The Mattress Manufacturing industry did not sleep soundly over the past five years. From 2008 to 2013, industry revenue contracted at a 4.5% average annual rate. Rising global competition from foreign multinational manufacturers and imports have slowly reduced the industry's operations and resulted in imports from the United States, China and Mexico rising to capture about 16.7% of the domestic market. “The recession accelerated this process by causing a sharp contraction in mattress unit sales and average selling prices that resulted in severe financial distress and profitability issues for many industry firms,” says IBISWorld industry analyst Doug Kelly.

The Mattress Manufacturing industry has a moderate and increasing level of concentration; the Canadian market is dominated by the presence of large US-based and vertically-integrated global mattress and bedding manufacturers. With the downturn in global mattress sales during the recession and continued weak growth since putting significant financial stress on firms, the industry underwent a major consolidation period. Furthermore, there was a wave of consolidation among larger firms that has led to the emergence of two dominant US-based and vertically-integrated major players, AOT Bedding Super Holdings (Simmons and Serta) and Tempur-Pedic International (Tempur-Pedic and Sealy), which hold a controlling share of the market. “Market concentration is expected to increase slightly over the next five-year period, which will be attributed to several company acquisitions postrecession,” adds Kelly. The balance of the United States mattress market is fragmented, with a large number of other manufacturers, many of which operate primarily on a regional basis.

After declining from 2007 to 2011, the industry finally resumed revenue growth in 2012. Export growth, new product launches and a slight uptick in demand as a result of improving economic conditions are expected to underpin revenue growth of 0.4% to about $797.3 million in 2013.

IBISWorld anticipates industry revenue growth to resume over the next five-year period, but continued increases in global competition will keep the industry in decline. Over the five years to 2018, IBISWorld forecasts industry revenue to increase, but to remain below prerecessionary highs. Demand conditions will improve as growth in the housing market helps spur higher mattress unit sales. Higher incomes will also cause consumer preferences to shift toward higher-priced specialty mattresses that will help raise average selling prices and industry revenue as a result. At the same time, intensifying global competition and continued contractions in production facilities in Canada will keep revenue growth suppressed. For more information, visit IBISWorld’s Mattress Manufacturing in Canada industry report page.

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IBISWorld industry Report Key Topics

Firms in this industry are primarily engaged in manufacturing innerspring, box spring and non-innerspring mattresses that are mainly sold through retail, wholesale, direct and export channels to households and firms in the hospitality and healthcare sectors.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.

Recognized 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 US and Canadian 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 Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

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Gavin Smith
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