Market Research Report Philippines Mandaue Foam Sales,Mattress Sales Onli
Rising Number of Households, Hotel Rooms and Hospital beds are the key
drivers of Growth in the Philippines Mattress Market: Ken Research
Rising number of households, hotels rooms and hospital beds coupled with
growing demand for premium quality, therapeutic mattresses and increased
spending power of Filipinos were the key factors driving growth in the mattress
market in Philippines.
Over the past few years, the Philippines had been gaining importance as
a popular tourist spot in the Asia-Pacific region. The number of tourist
arrivals to the country has seen a considerable growth in the past five
years setting an opportunity for growth in the hospitality sector. Owing
to this, many major players in the hotel industry have expanded
geographically leading to an increase in the number of hotel rooms
which surged the demand for premium quality mattresses in the
country. In 2016, the largest hospital in Philippines that accommodates