Market Forecast By End-User (Residential, Non-residential), By Distribution Channel (Offline, Online) And Competitive Landscape
Product Code: ETC370655 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 3 |
Report Name | Australia Adjustable Bed Base And Bed Market |
Forecast period | 2025-2031 |
CAGR | 5.8% |
Growing Sector | Residential |
Australia Adjustable Bed Base and Bed Market report thoroughly covers the market by End-user and Distribution Channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Adjustable Bed Base and Bed Market is likely to grow in the forecast period on the account of increasing demand from both residential and commercial sectors. The market has seen significant growth due to the rising awareness about the benefits of using adjustable beds, such as improved sleep quality, relief from back pain and other health issues, and customizable comfort levels. Factors such as an aging population, increasing prevalence of chronic diseases, and growing awareness about the importance of good sleep are driving the market demand. The rise in disposable income and changing lifestyles have also contributed to the growth of this market.
According to 6Wresearch, the Australia Adjustable Bed Base and Bed Market size is projected to grow at the CAGR of 5.8% during the forecast period of 2025-2031. The primary driver for the growth of the Australia adjustable bed base and bed market is the increasing demand for more comfortable and customizable sleeping solutions. With a growing awareness about the importance of sleep-in overall health and well-being, consumers are willing to invest in products that can enhance their quality of sleep. The versatility and flexibility of adjustable beds make them an attractive option for individuals seeking a personalized sleeping experience. Moreover, Australia has a rapidly aging population, with a significant portion of the population being over 65 years old. As people age, they may experience health conditions such as back pain, arthritis, and mobility issues that can make it challenging to get in and out of bed or find a comfortable sleeping position. Adjustable beds provide relief for these individuals by allowing them to adjust their bed's angle and height to accommodate their specific needs. This factor also contributes to the market's growth, as the elderly population seeks out solutions that can improve their sleep and overall comfort. Despite the positive outlook for the Australia adjustable bed base and bed Industry, there are some challenges that may hinder its growth. One major obstacle is the higher cost compared to traditional beds. Adjustable beds typically come with more features and technology, which can drive up the price. This may deter some consumers from purchasing an adjustable bed, especially if they do not have specific health concerns that require it. Additionally, adjustable beds may not be easily accessible to everyone in Australia. The market is primarily dominated by a few key players, making it difficult for smaller businesses to enter and compete. This limited competition can result in higher prices for consumers and limited options. Furthermore, there is a lack of awareness and education about the benefits of adjustable beds. Many individuals may not be aware that these beds are an option or may not fully understand how they can improve their sleep quality. This lack of knowledge can be a barrier to adoption and hinder market growth.
The Australian government's emphasis on healthcare and quality of life has led to the implementation of policies and schemes that have a direct impact on the Australia Adjustable Bed Base and Bed Market Growth. Initiatives like the National Disability Insurance Scheme (NDIS) offer financial support for eligible individuals to purchase adaptive equipment, including adjustable beds, to improve their living conditions. Additionally, the government has instated various seniors' and healthcare rebates and programs that subsidize the cost of such products for those who meet specific health criteria.
Prominent players in the Australia adjustable bed base and bed market are driving innovation and competition. Companies like Tempur Sealy, Sleep Number, and Stryker are at the forefront, offering a range of products that emphasize comfort technology and health benefits. These industry leaders are investing in research and development to introduce cutting-edge features and are engaged in strategic partnerships and marketing initiatives to expand their market presence and consumer base.
The Adjustable bed base and bed market in Australia is expected to continue growing in the coming years. With advancements in technology, we can expect to see more affordable options for consumers. As competition increases, prices may also become more competitive. Moreover, efforts are being made to educate the public about the benefits of adjustable beds. This includes collaborations between healthcare professionals and bed manufacturers, as well as increased marketing efforts by companies. As more people become aware of the benefits and ease of use of adjustable beds, there is potential for a significant increase in demand. Additionally, with the aging population in Australia, there will likely be a higher demand for adjustable beds as they offer numerous health benefits for seniors. This demographic shift could also lead to more innovation and customization in adjustable bed designs to cater to the specific needs of older individuals.
According to Dhaval, Research Manager, 6Wresearch, the residential segment is expected to hold a significant share in the Australia adjustable bed base and bed market. This can be attributed to the increasing demand for comfortable and personalized sleeping solutions among individuals, especially the elderly population. With the rise in disposable income and changing lifestyle, consumers are willing to invest in high-quality adjustable beds for a better sleep experience. Additionally, the growing trend of home renovation and interior decoration is also fueling the demand for aesthetically appealing adjustable bed bases and beds in residential settings.
The offline distribution channel for adjustable bed bases and beds in Australia is expected to continue its dominance in the market. This channel includes traditional brick-and-mortar stores, specialty bedding stores, and furniture retailers. These physical locations provide customers with the opportunity to physically test out the products before making a purchase, which is often an important factor for consumers when buying a new bed or adjustable base. Additionally, these stores typically offer delivery and installation services, making it convenient for customers to receive their purchases in a timely manner.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Adjustable Bed Base and Bed Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Adjustable Bed Base and Bed Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Adjustable Bed Base and Bed Market - Industry Life Cycle |
3.4 Australia Adjustable Bed Base and Bed Market - Porter's Five Forces |
3.5 Australia Adjustable Bed Base and Bed Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.6 Australia Adjustable Bed Base and Bed Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Adjustable Bed Base and Bed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Adjustable Bed Base and Bed Market Trends |
6 Australia Adjustable Bed Base and Bed Market, By Types |
6.1 Australia Adjustable Bed Base and Bed Market, By End-User |
6.1.1 Overview and Analysis |
6.1.2 Australia Adjustable Bed Base and Bed Market Revenues & Volume, By End-User, 2021-2031F |
6.1.3 Australia Adjustable Bed Base and Bed Market Revenues & Volume, By Residential, 2021-2031F |
6.1.4 Australia Adjustable Bed Base and Bed Market Revenues & Volume, By Non-residential, 2021-2031F |
6.2 Australia Adjustable Bed Base and Bed Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Australia Adjustable Bed Base and Bed Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Australia Adjustable Bed Base and Bed Market Revenues & Volume, By Online, 2021-2031F |
7 Australia Adjustable Bed Base and Bed Market Import-Export Trade Statistics |
7.1 Australia Adjustable Bed Base and Bed Market Export to Major Countries |
7.2 Australia Adjustable Bed Base and Bed Market Imports from Major Countries |
8 Australia Adjustable Bed Base and Bed Market Key Performance Indicators |
9 Australia Adjustable Bed Base and Bed Market - Opportunity Assessment |
9.1 Australia Adjustable Bed Base and Bed Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.2 Australia Adjustable Bed Base and Bed Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Adjustable Bed Base and Bed Market - Competitive Landscape |
10.1 Australia Adjustable Bed Base and Bed Market Revenue Share, By Companies, 2024 |
10.2 Australia Adjustable Bed Base and Bed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |