Industry Analysis & Industry Trends
The Mattress Manufacturing industry includes producers of spring and foam mattresses and mattress supports. Demand for the industry's products is driven by capital expenditure on dwellings and the number of residential property transactions, which are affected by the level of confidence in the economy. Downstream demand from hotels is generated by consumer confidence and real household disposable income, as these factors affect the number of visitor nights. Consumer confidence has risen for much of the past five-year period, and the Mattress Manufacturing industry's revenue is expected to grow at a compound annual rate of 5.4% over the five years through 2016-17 to reach £716.2 million... purchase to read more
Industry Report - Industry Analysis Chapter
The Mattress Manufacturing industry produces spring and foam mattresses and mattress supports. Over the past five years, industry revenue, establishment numbers and the number of enterprises have all been increasing, buoyed by generally rising consumer confidence and a strengthening housing market. As a result, the Mattress Manufacturing industry is expected to expand at a compound annual rate of 5.4% over period.
However, industry revenue is expected to dip by 5% in 2016-17 to £716.2 million. Growth is predominantly affected by confidence in the wider economy, as higher confidence leads to increases in capital expenditure on dwellings and the number of residential property transactions. This tends to encourage households to replace mattresses. Con.. purchase to read more