Exclusive research -- Year of ups and downs in bedding
Top 15 Bedding Producers 2008
By David Perry -- Furniture Today, July 10, 2008
HIGH POINT — It was a year of contrasts for major bedding producers. Four Top 15 producers managed to generate double-digit sales gains, while three had double-digit sales declines.
Overall, slightly more than half of the Top 15 saw their sales slip last year, according to Furniture/Today's latest bedding market share report. The rest of the field had gains ranging from a paltry 0.5% to a stellar 20.6%, helping boost the Top 15 as a whole into positive sales territory, with a 3.1% gain in wholesale shipments for 2007.
The industry's seven largest players all maintained their relative positions in the industry rankings, but two Top 10 players — Kingsdown and International Bedding — switched positions. Kingsdown rode the strength of a 12% sales gain to generate shipments estimated at $140 million, good enough to occupy the No. 8 position on the list. Meanwhile, former No. 8 player International Bedding saw its sales drop 21.9% and slipped down to the No. 10 position on the list.
Those are some of the highlights of Furniture/Today's latest bedding market share report. Each year the newspaper sifts through public records, audited sales reports and a comprehensive survey of bedding producers and suppliers to develop the market share report. Most of the figures in the report are estimates developed by Furniture/Today; most of the companies on the list are privately held and don't release audited figures.
For the complete report, see the June 16, 2008 print issue of Furniture Today. To order an eelectronic copy, click here.
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