Beds - Sri Lanka
Sri Lanka- In Sri Lanka, the revenue generated in the Beds market in 2024 amounts to US$1.17m.
- It is projected that the market will experience an annual growth rate of 5.00% (CAGR 2024-2029).
- When compared globally, United States generates the highest revenue in this segment, amounting to US$2bn in 2024.
- Looking at the per person revenues in relation to the total population, it is estimated that in 2024, each individual generates US$0.05 in revenue.
- The demand for luxury beds in Sri Lanka has been steadily increasing, driven by the growing affluence and desire for comfort among the country's middle and upper-class consumers.
- Key regions:
- Worldwide,
- Germany,
- United Kingdom,
- India,
- China
Definition:
This segment involves various types of beds, which are primarily used to ensure sleep comfort. Beds can also be a place to relax, where one can watch films or series while lying down. This segment includes beds of different shapes and sizes including full, queen, king, and single sized beds, guest beds, beds with storage units, and bunk beds. However, mattresses, pull-out beds, and waterbeds have been excluded.
Additional Information:
The Beds subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
In-Scope
- Bed frames
- Platform beds
- Storage beds
- Panel beds
Out-Of-Scope
- Mattresses
- Bedding
- Pull-out beds
- Waterbeds
