Market Research Report Premium Mattress Sales in Philippines, | Page 7

April 2017
Philippines Mattress Market Outlook to 2021
Executive Summary
Philippines Mattress Market Outlook to 2021- Ken Research
Ken Research Latest Report on “Philippines Mattress Market Outlook to 2021-
Growing and Expanding Healthcare and Hospitality Sector to Augment Market
Growth” provides a comprehensive analysis of mattress market in Philippines. The
report covers market size, segmentation on the basis of size, type, market structure,
urban and rural, region, distribution channels and end users. The report also covers
market in different aspects such as trade scenario - import and export of mattresses,
competitive landscape and company profiles for major players in Philippines
mattress market. The report provides detailed overview on future outlook &
projections with analyst recommendations for the industry.
The report facilitate the reader with an in-depth analysis of the existing and future
trends, issues and challenges prevalent in the industry and anticipated growth in the
future depending upon changing industry dynamics in coming years. The report is
useful for mattress manufacturers, mattress raw material manufacturers, retailers,
franchisees, home furnishing companies and other stakeholders to align their market
centric strategies according to ongoing and expected trends in the future.
Industry Overview
Philippines mattress market has displayed a CAGR of ~% during the period of 2011-
2016, in terms of revenue. The growth displayed by the market was supported by
factors such as increasing number of hotels and rising construction activities of both
residential and non-residential units. A phenomenal growth in the number of tourist
arrivals to the country has played an important role in the expansion of hospitality
sector in the country, leading to a surge in the demand for quality mattresses. In
2016, the amount of revenue generated by the Philippines mattress market
amounted to USD ~ million. The growth exhibited by the market should also be
owed to rising demand for premium quality mattresses, increasing consumer
expenditure on household items, increasing number of households and other related
factors.
Market Segmentation
In terms of sales volume, the market is dominated by queen size mattresses that
account for a share of ~% in 2016. It is followed by the single size and king size
mattresses.
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