August 2022 the new pattern of the industry emerged.
The pace of industry integration continues to accelerate
In the fierce competition in the market, the capital strength, technical innovation ability of the head of the enterprise constantly through mergers and acquisitions and other ways to expand market share. In the past two years, the concentration of memory foam industry TOP10 enterprises has exceeded 70%, the trend of industry consolidation has become more and more obvious. In addition, some of the large enterprises also began to try vertical integration, to the upstream supply of raw materials, downstream channels and other areas of extension, and actively enhance the comprehensive strength.
smart sleep ecological accelerate the construction
In line with the general trend of smart home development, memory foam enterprises are focusing on building an intelligent ecosystem covering mattresses, pillows, bedding and other sleep-related products. Through the deep integration with the cell phone App, smart home equipment, to provide users with personalized sleep management program. In the next 3-5 years, the industry will set off a new wave of technological innovation, intelligent sleep products are expected to become a new consumer hot spot.