mattress

China's demand for bedroom furniture (including mattress) has grown at a fast pace in the past decade. In the next five years, both production and demand will continue to grow. China’s bedding industry grew rapidly in 2004, and market size increased sharply. Exports and foreign exchange earnings also kept growing. There is still a rather low degree of concentration in the bedding industry. On the whole, it is still a market of perfect competition. Long excessive competition has kept the overall profit level in the industry low. As people’s standard of living continues to rise and residential construction and the tourism industry continue to develop in the next few years, there will be rises in the market demand for bedding products in the market. As an emerging durable consumer product, bedding (including mattress) will become a new growth area and a focus of competition in the bedding industry.