This article has been republished with the permission of Furniture Today USA.
Words: David Perry
The adjustable bed category remains on a fast-growth curve, with wholesale dollars for motion foundations increasing 5.4% last year and units jumping 8.8%, the International Sleep Products Assn. reported.
But those growth rates last year were much smaller than the double-digit gains of the year before, according to ISPA figures.
ISPA’s 2016 Mattress Industry Trends Report said the 20%-plus growth rates of 2015 have now fallen into the single digits but still show faster growth than the overall bedding industry.
The ISPA report says motion foundation dollars grew 5.4% last year, to $697.1 million, while units increased 8.8%, to 1,050,900. The average unit price of motion foundations dropped 3.5%, to $660.20, the report said.
In 2015, motion foundation dollars were up 20.6%, while motion foundation units jumped 24.3%, ISPA said. The average unit price for motion foundations dropped 2.9% in 2015, to $684.34.
The 2016 annual report includes a separate table on motion foundation performance, reflecting motion foundation sales through mattress manufacturers, a channel that ISPA believes to represent the majority of motion foundations sold in the United States.
Overall, the industry recorded 3.4% dollar growth last year, with units up 3.1%, ISPA said.