Which beds are the most popular on the market today? A fairly simple question, but one that requires a complex answer. With so many different brands and styles of beds out there, picking the best one can be very difficult if you are not shopping at one of the most respected mattress stores in Orange County. Here’s something you may have already not known: bed sales have increased by 25% over the last decade. In 2015 alone, Americans spent $4 billion on new mattresses. Here is a breakdown of how much was spent per age group:
18-29 – $479
30-39 – $776
40-49 – $1,008
50-59 – $997
This shows that as people get older, they tend to spend more money on their beds, reflecting the fact older people tend to sleep better. Also, while baby boomers spent an average of about $900 on a new bed in 2015, millennials only spent an average of $410. This is most likely due to the fact that more and more people are choosing to live with their parents well into adulthood rather than buy their own bed. According to a mattress review website, “The mattress market has grown exponentially in recent years, and this trend is expected to continue. The mattress industry is estimated to grow by over 9% per year due to the increasing population and disposable income.” This means that people are more likely than ever to invest in their mattress and spend more money on buying a new mattress instead of replacing it with another one if they aren’t completely satisfied with it anymore.
What mattress types and brands are most popular?
The number one brand so far in recent years in Casper, which has captured 7% of the market share. They have made $200 million in revenue over the last five years and tend to be more popular among younger customers. They also specialize in online sales and tend to spend less per sale than other brands because they do not invest as much money into marketing themselves compared to other companies. Some of the other most popular mattress brands right now include Tempur-Pedic, Sealy Posturepedic, Serta iComfort, Simmons Beautyrest, Sleep Number, and Amerisleep.
The mattress industry is a highly competitive market, and there are over 9,000 mattress stores in the U.S. alone. This means that mattress brands must spend big money on marketing if they want to be known as one of the leading mattress companies out there today. Around 49% of mattress shoppers state that they would be willing to compare multiple mattress brands before making their final decision on which one they like best. The average mattress shopper will visit around three different stores. Though, when it comes to all the mattress stores in Orange County, I hope that you will make the smart decision to choose ours first and stop there!
What are you waiting for?
If you’re ready to change the way you sleep, come on down to one of the most admired Orange County mattress stores! Mickey and Diane will treat you like beloved family members because we believe that every person deserves the best night’s sleep they can get! Don’t be shy – give us a call or send us a message online today!