In the US mattress market, the key players, as identified by the Prescient Market Strategic Intelligence, include Simmons Bedding Company LLC, Kingsdown Inc., Spring Air International Inc. LLC, Tempur Sealy International Inc., Select Comfort Corporation, Southerland Bedding, and Corsicana Bedding Inc.
According to Ibis World, Serta Simmons Bedding LLC, Tempur Sealy International Inc., and Sleep Number Corporation hold the largest market share in the US mattress market.
Of the factors restraining the growth of the US mattress market, the high cost of mattresses is the leading. Increases in the price of Petroleum has caused a rise in the cost of raw materials.
In 2018, Serta Simmons opened a cavernous factory in Windsor Locks, as part of its expansion efforts to reach more consumers and gain a competitive advantage over the rest of the players in the market.
The company is facing stiff competition from the growing number of internet-based companies that allow customers to avoid sales pitches and store-hopping.
Some trends in the mattress market include rising demand for personalization and increasing online sales of mattresses.
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