China Mattress Market Overview
According to SPER Market Research, the China Mattress Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
China mattress market is expected to expand during the forecast period due to the country's expanding population, rising income levels, and booming housing industry. Due to changing lifestyles and an increase in sleep disorders, customers place a high value on a functional and healthful mattress. The Chinese mattress market is expected to expand as more people replace their bedding. Social e-commerce platforms like Twitter, Tuoke, and Pinchao are also significantly influencing the market's growth.
China has become a significant mattress manufacturing centre. Due to the country's expanding population, rising income levels, and flourishing property market, China's mattress business grew quickly. The current expansion of international trade is one of the other main causes. China's mattress manufacturing industry is quite profitable, but as labour and material prices rise, margins are getting tighter, which might possibly impact the market's expansion. Other factors, such as the rate of home remodelling, the size of new homes, and innovations in conventional sleep concepts continue to have an impact on China's mattress market. In the Chinese mattress market, consumer groups are growing and have room for future growth. Due to changing lifestyles and an increase in sleep disorders, customers place a high value on a functional and healthful mattress. The Chinese mattress market is expected to expand as more people replace their bedding.
Impact of COVID-19 on the China Mattress Market
All seven continents have been affected by the COVID-19 pandemic. The COVID-19 pandemic has exacerbated the global economic, political, and social crises while also causing a health crisis. Supply chain disruption has also resulted from decreased goods mobility as a result of international restrictions. Additionally, it is projected that this will result in lost income and jobs. The consumer products industry is experiencing an unheard-of crisis as a result of the coronavirus outbreak. Consumers are staying in their homes and seeking comfort as a result of the COVID-19 pandemic. This has altered the dynamics of the market and raised demand for mattresses. Also, customers' growing desire for luxurious mattresses is associated with their interest in premium and customized mattresses. The COVID-19 outbreak has significantly affected the mattress industry.
However, the mattress business has recently seen a surge in demand due to the availability of internet shopping and doorstep delivery. Also, the market is now reliant on domestic manufacturing and output due to restrictions on the transportation of goods. Also, a lot of buyers want comfort features in their homes. As a result, the market survived the year-long epidemic era thanks to a boom in demand for sleeping mattresses. It is also evident that branded mattresses have amassed a larger following on social media platforms, but the impact of knockoff products has continued to be felt heavily since consumers demand mattresses with affordable prices, superior designs, and adequate durability.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Type, By Distribution Channel, By End User
|
Regions covered | East China, Middle China, North China, Northeast China, Northwest China, South China, Southwest China
|
Companies Covered | Jiaxing YuanChang Furniture Supplies Co., Ltd., KukaHome, Man Wah, Mlily, Red Apple, Simmons, Sleemon Xilinmen Furniture Co., Ltd.
|
Target Audience-
- Distributors / Retailers / Stockists
- Investors
- Mattress Internet Retailers
- Mattress Manufacturers
- Mattress Raw Material Producers
- Mattress Specialist Retailers
China Mattress Market Segmentation:
1. By Type:
- Innerspring Mattresses
- Latex Mattresses
- Memory Foam Mattresses
2. By Distribution Channel:
3. By End User:
4. By Region:
- East China
- Middle China
- North China
- Northeast China
- Northwest China
- South China
- Southwest China
Key Topics Covered in the Report:
- China Mattress Market Size (FY’2019-FY’2032)
- China Mattress Market Overview
- Segmentation of China Mattress Market By Type (Innerspring Mattresses, Latex Mattresses, Memory Foam Mattresses, Others)
- Segmentation of China Mattress Market By Distribution Channel (Offline, Online)
- Segmentation of China Mattress Market By End User (Commercial, Residential)
- China Mattress Market Growth Analysis
- Problems and Challenges in China Mattress Market
- China Mattress Market Competitive Landscape
- Impact of COVID-19 and Demonetization on China Mattress Market
- Details on Recent Investment in China Mattress Market
- Competitive Analysis of China Mattress Market
- Major Players in the China Mattress Market
- SWOT Analysis of China Mattress Market
- China Mattress Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the China Mattress Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 China Mattress Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Mattress Market
7. China Mattress Market, By Type, 2019-2032 (USD Million)
7.1 Innerspring Mattresses
7.2 Latex Mattresses
7.3 Memory Foam Mattresses
7.4 Others
8. China Mattress Market, By Distribution Channel, 2019-2032 (USD Million)
8.1 Offline
8.2 Online
9. China Mattress Market, By End User, 2019-2032 (USD Million)
9.1 Commercial
9.2 Residential
10. China Mattress Market, By Region, 2019-2032 (USD Million)
10.1 China Mattress Size and Market Share by Region (2019-2025)
10.2 China Mattress Size and Market Share by Region (2026-2032)
10.3 East China
10.4 Middle China
10.5 North China
10.6 Northeast China
10.7 Northwest China
10.8 South China
10.9 Southwest China
11. Company Profiles
11.1 Jiaxing YuanChang Furniture Supplies Co., Ltd.
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 KukaHome
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Man Wah
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Mlily
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Red Apple
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Simmons
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 Sleemon Xilinmen Furniture Co. Ltd.
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.