Title: Canada Mattress and Accessories Market Size, End User and Region
1Canada Mattress and Accessories Market Size,
Trends, Segmentation, Key Players And Forecast
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2- As per the Organization for Economic Co-operation
and Development (OECD) Better Life Index, the
average per capita household net-adjusted
disposable income in Canada is 30,854 a year.
Further, Statistics Canada states that the
adjusted household disposable income of the
country increased from 1,623,255,000,000 in 2019
to 1,765,305,000,000 in 2020. The rising
disposable income is encouraging the people of
Canada to replace their old mattresses with new
mattresses and accessories to lead a comfortable
life. - Additionally, the soaring number of immigrants is
expected to propel the Canadian mattress and
accessories market at 1.7 CAGR during the
forecast period (20192024). The market was
valued at 2,468.7 million in 2019, and it is
projected to generate 2,689.8 million revenue
by 2024. Statistics Canada has recorded the entry
of over 341,000 permanent residents in the
country in 2019. As per the organization, more
than 404,000 temporary work permits and 402,000
study permits were issued to the immigrants in
Canada in 2019. - Currently, mattress and accessories manufacturers
in Canada are engaging in product launches and
mergers and acquisitions to offer improved
products to their existing and prospective
customers. For example, in April 2019, DirectBed
introduced the Pure Zee Mattress Collection
comprising of three types of mattresses Louise
Suite, Logan Suite, and Hudson Suite. These
mattresses are made of natural materials, such as
latex, bio-foam, gel foam, and cool gel, and are
priced between 376 (CAD 500) and 1053 (CAD
1400). - According to PS Intelligence, the Central region
accounted for the largest share in the Canadian
mattress and accessories market during the
historical period (20142019), and it will
continue this trend throughout the forecast
period as well, owing to the presence of a vast
population in major provinces of the country,
such as Quebec and Ontario. As per Statistics
Canada, the population of Quebec and Ontario
surged from 8,578,300 in the third quarter (Q3)
of 2020 to 8,604,495 in Q3 of 2021 and 14,745,712
in Q3 of 2020 to 14,826,276 in Q3 of - 2021, respectively.
- Therefore, the booming disposable income of
people and the growing number of immigrants will
accelerate the adoption of mattresses and
accessories in Canada. - This study covers
- Historical and the present size of the Canada
Mattress and Accessories Market - Major factors driving the market and their impact
during the short, medium, and long terms - Market restraints and their impact during the
short, medium, and long terms - Recent trends and evolving opportunities for the
market participants - Historical and the present size of the market
segments and understand their comparative future
potential - Potential of on-demand logistics services, so the
market players make informed decisions on the
sales of their offerings
3- Recent strategic developments by the major
players in the market
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