Mattress industry trade group the International Sleep Products Association, with headquarters in Alexandria, Virginia, has issued an upbeat financial forecast for the U.S. mattress industry, with unit and value growth expected to continue from 2015 through 2017.
The mattress industry forecast is based in part on an economic analysis prepared by the University of Michigan, and input from the ISPA statistics committee. The consensus view is that both the quantity and value of mattress shipments will continue to grow in 2015, 2016 and 2017.
For 2015, the forecast shows a 6.8% increase in the dollar value of mattress shipments and a 4.1% increase in number of units shipped. For both 2016 and 2017, the forecast shows a 6.5% increase in the value of mattress shipments and a 4% increase in units shipped.
The forecast also contains economic and market analyses by Jerry Epperson, managing partner of Richmond, Virginia-based investment banking firm Mann, Armistead & Epperson Ltd., and Ashraf Abdul-Mohsen, vice president of economic research for Association Research Inc. in Gaithersburg, Maryland.
ISPA’s statistics committee updates and publishes a mattress industry forecast two or three times per year, depending on market conditions. Learn how ISPA develops its forecasts (PDF) and the various economic factors that the ISPA Statistics Committee takes into consideration in preparing the forecast.
Full mattress industry statistical reports are available free to ISPA members and for a fee to the investor community. For more information, contact Jane Oseth, ISPA member services manager, phone 703-683-8371.
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