In a world where the economic times have unfortunately dictated costing and pricing, beds and mattresses are not spared from escalating prices. Raw materials are seen as the main reason for this and apparently, bed manufacturers really have no choice but to jack up their price even if sales may sorely be affected.

The bad thing about this is that people are really feeling the crisis bug. With finances needing to be addressed according to what a person would need, some people are forced to make do with what they have, old beds and mattresses that have to do until such time that they can see their income improve.

Global prices of latex, cotton and polyester - the main raw materials for mattresses - have gone up in the past few months. Latex prices went up by 60% while prices of cotton grew by 20% in the last two months. Prices of polyester also surged by 25% in the same period.

The combined price rise of raw materials has affected the profit margins of the industry by 15-20% in last three months, experts said.

(Source) The Economic Times

Tags: bed manufacturers, beds and mattresses, global prices, latex, main raw materials, profit margins

This entry was posted on Saturday, July 19th, 2008 at 10:49 am and is filed under BED Contemporary, BED Frame, BED News, Bed Designs.
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