Mattress Manufacturing in Canada - Industry Market Research Report

Mattress Manufacturing in Canada
The Mattress Manufacturing industry in Canada has experienced a range of difficulties in recent years, including considerable volatility. Rising global competition from foreign multinational manufacturers has hurt domestic manufactures, driving the long-term, structural decline of mattress manufacturing in Canada. However, the COVID-19 pandemic produced tremendous volatility, as disrupted supply chains limited imports while efforts by the government to ameliorate the economic effects of the pandemic generated an upswell in demand from consumers. In 2021, domestic revenue rose for the first time in nearly a decade. Still, countervailing trends have hindered industry performance, with revenue forecast to contract at a CAGR of 0.1% to $1.0 billion over the five years to 2023, including a contraction of 1.4% during the current year.

Operators in this industry are primarily engaged in manufacturing innerspring, box spring and non-innerspring mattresses that are mainly sold through retail, wholesale, direct and export channels to households and companies in the hospitality and healthcare sectors.

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.