Mattress and Bedroom Furniture Retailing in Australia - Industry Market Research Report

Mattress and Bedroom Furniture Retailing in Australia - Industry Market Research Report

Mattress and Bedroom Furniture Retailing in Australia

Mattress and bedroom furniture retailers have slept a little easier, with an upswing in demand helping sales surge in the wake of the pandemic. Lockdown periods and international travel bans created an initial hike in sales as consumers went shopping for new mattresses for family members returning home. Once the initial rush subsided, retailers enjoyed a further boost in sales brought on thanks to cashed-up consumers spending more time at home. Unable to travel overseas, consumers chose to splash surplus cash on creature comforts, including upgrades to mattresses and bedroom furniture. That's why industry revenue is expected to grow at an annualised 2.2% over the five years through 2023-24 to $3.8 billion, including a 0.3% dip in the current year

This industry comprises specialist retailers of bedroom furniture such as mattresses, beds, bedroom furniture, kids’ furniture, and bedding and manchester. Department stores and online-only retailers are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."