Philippines Mattress Market Segmentation by Type of Mattress on the Basis of Revenue- Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Philippines mattress market does not manufacture a large variety of mattresses. The choice of mattresses depends on various factors such as comfort, health, affordability, climatic conditions prevailing in the country and a lot more. There are majorly two types of mattresses in the country based on the preferences of the customers. The spring and foam mattresses. Other types of mattresses such as latex, rubber, cotton, therapeutic mattresses, and others also available in the country and they are categorized under others. The market is dominated by spring mattress that accounts for a share of ~% in the overall market revenue. Spring mattress comes with coiled springs that facilitate comfort and support. Innerspring mattresses offer more support and firmness to the user’s body. They are largely preferred by households and hotels. A spring mattress can be categorized as premium quality mattresses. Export demand is high for spring mattresses from the Philippines due to the quality, quantity, and variety of spring mattresses manufactured in the country. The revenue generated by spring mattress in 2016 was registered as USD ~ Million out of the total market revenue of USD ~ Million. Spring mattresses are followed by foam mattresses that hold a share of ~% in the overall revenue. They are majorly available in three different forms such as memory foam, gel foam, and latex or solid foam. Foam mattresses are expensive compared to spring mattresses, but they last longer depending on its maintenance. Foam mattresses are preferred by hotels for their luxury or premium suites. The revenue generated from the sale of foam mattresses in the Philippines was reported at USD ~ million during 2016 Due to the climatic conditions prevailing in the country mattresses made of materials such as coir, latex, cotton, and rubber has very low demand. The weather in urban cities of the Philippines is generally hot and humid. Therapeutic beds are gradually gaining importance in the market due to the growing health concerns in the country. Other mattresses also have a category of specialty mattresses such as airbed, waterbed, gel-filled beds, and other technologically advanced mattresses. These types of mattresses have not managed to gain a significant relevance in the market. Though they are priced low, the Filipinos show reluctance towards the acceptance of technologically advanced mattresses. Mattress companies such as Uratex, Philibed, Tempur, Mandaue, and others specialize either in the manufacture of spring or foam or both. In terms of revenue generation, other types of mattresses together account for a share of ~% in the overall mattress market. Which Market Structure Contributes Most To Mattress Market Revenue In the Philippines? Earlier, the mattress market in the Philippines was dominated by the unorganized market structure. The local manufacturers dominated the market. Later, alongside economic growth and development, consumer preferences have also seen a shift. Consumers specifications attached to the mattresses began to upgrade. This has developed an opportunity for the players to set up fully equipped mattress manufacturing units. Gradually, the mattress market gained an organized structure. It is observed that from the year 2011 to 2016, the organized market structure has contributed the major share of revenue in the mattress market. The organized market structure comprises market players such as Uratex, Mandaue, Tempur and others and their major customer segment is represented by non-residential customers such as hotels and hospitals. These players have different layers of intermediaries such as wholesalers, distributors, and others in their distribution channels. In the Philippines, they are known for manufacturing high-quality mattresses by using spring, foam, premium foam combinations and other quality materials. In terms of revenue generation, the organized market structure accounts for a share of ~% in the overall mattress market in 2016. In an organized market structure, the distribution majorly takes place through a direct distribution channel. Companies such as Uratex, Mandaue, and others are known for their well-structured distribution patterns such as direct distribution, retail distribution through exclusive and multi-brand retail outlets, online retailing and other forms of distribution. In residential sales, urban population groups are the proximate end-users for mattresses. People living in urban areas generally choose to buy a high-quality mattress, as they come with warranty and better after-sale services. Organized market structure contributed revenue of USD ~ million to the mattress market in 2016. In 2016, the unorganized market structure held a share of ~% in the overall mattress market. Unorganized market players comprise local mattress brands and small mattress manufacturers in the country. The price charged by them is lower relative to the organized market players. Mattresses sold by the unorganized players are priced low since the cost of manufacturing is low. In the unorganized market structure, the distribution is majorly done through the direction by the local manufacturers to the end customer. They do not have any intermediaries involved in their distribution process. The local manufacturers use natural materials to manufacture mattresses such as cloth, cotton, coir, and others. This reduces the cost of production. Discounts offered to the customers by the local manufacturers are negligible. Topics covered in the Report Consumer Expenditure In Philippines Flow Chart for Philippines Mattress Market Average Price for Mattress Philippines Number of Households in Philippines Consumer Expenditure in Philippines Number of Hospital Beds in Philippines Tourist Arrivals in Philippines Philippines Mattress Market Export Company Profile of Tempur Mattress Company Profile of Philippine Mandaue Foam Demand king size mattress Philippines, Sale Queen Size Mattress Philippines, Consumption single bed mattresses philippines Sale Spring mattress Philippines Revenue foam mattress sale Philippines Therapeutic Mattress Industry Philippines Coir Mattress Sale Philippines airbed Mattress Industry Philippines waterbed mattress market Philippines Uratex market share Philippine Mattress competition Philippines mattress Industry Philippines Bed and Furniture Manufacturing Corporation sale revenue Philippines mattress To know more on coverage : https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/philippines-mattress-market-report/100871-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: airbed Mattress Industry Philippines, Average Price for Mattress Philippines, Bed and Furniture Manufacturing Corporation sale, Coir Mattress Sale Philippines, Company Profile of Philippine Mandaue Foam, Company Profile of Tempur Mattress, Consumer Expenditure In Philippines, Consumption single bed mattresses philippines, Demand king size mattress Philippines, Flow Chart for Philippines Mattress Market, Mattress competition Philippines, mattress Industry Philippines, Number of Hospital Beds in Philippines, Number of Households in Philippines, Philippines Mattress Market Export, Revenue foam mattress sale Philippines, revenue Philippines mattress, Sale Queen Size Mattress Philippines, Sale Spring mattress Philippines, Therapeutic Mattress Industry Philippines, Tourist Arrivals in Philippines, Uratex market share Philippine, waterbed mattress market Philippines