DUBLIN--(BUSINESS WIRE)--
Research and Markets(http://www.researchandmarkets.com/research/f87862/bed_and_bath_linen)
has announced the addition of the "Bed
and Bath Linens in the United States 2009" report to their offering.
The bed and bath linen market is coming down from a multi-year run-up in
sales. The outlook is bleak as the housing crisis continues and
consumers cut spending on discretionary items. Both suppliers and
retailers struggle to stay afloat. In this report, the author takes a
closer look at the state of affairs and how consumer buying habits have
changed.
Analysis and insights offered include:
-
How the recession impacts sales directly and indirectly
-
Which segments are likely to perform better
-
How suppliers are dealing with loss of sales
-
Which retail channels are losing out in the recession
-
Why brand is of little importance
-
How much has price sensitivity increased
-
How substantial is the linens-as-gift market
Some of the Topics covered:
-
Scope and Themes
-
Sales of bed and bath linens coming down from 2006 peak
-
Recession has numerous impacts on discretionary category
-
Suppliers focus on cost cutting to avoid bankruptcy
-
Consumers find value at mass merchandisers but not specialty stores
-
Market Size and Forecast
-
Market Drivers
-
Recession reduces discretionary spending and increases
price-sensitivity
-
Older consumers will grow in importance despite lower purchase rate
-
Biggest suppliers focus on cost cutting as sales plummet
-
Bankruptcies impact certain suppliers
-
Linens 'n Things bankruptcy reflects specialty store weakness
-
Mass merchandisers see consumers trading down
-
Licensing established brands as extensions to the home market
-
Chemical treatment increases time between laundering
-
IKEA
-
Average amount spent on bedding jumps with household income
-
Larger households spend more because they buy more products
-
Motivations for Purchase
-
Replacement is stronger motivation in economic downturn
-
Sales of towels, sheets, and pillowcases may be most resilient in
recession
-
Price is the key factor in all categories, brand and retailer matter
least
-
Male respondents slightly more influenced by brand
-
Brand and retailer more important to 25-34 year olds
-
Complaints and use of gift cards have not changed in last two years
-
Under-35s are most difficult to please
-
Race/Hispanic origin
-
Hispanics more likely to upgrade
-
Price is primary consideration for all racial/ethnic groups
-
Sheets and pillowcases
Companies Mentioned:
-
American Textile Manufacturers Institute (ATMI)
-
CHF Industries, Inc.
-
Cotton Incorporated
-
Divatex Home Fashions, Inc
-
Dresdner Bank AG
-
Experian
-
Franco Manufacturing Company, Inc.
-
Greenfield Online
-
Home Furnishings News (HFN)
-
IKEA USA
-
J C Penney Company, Inc
-
Kmart Corporation
-
Kohl's Corporation
-
Laura Ashley Group
-
Macy's, Inc.
-
Mervyn's
-
Organic Trade Association
-
Pacific Coast Feather Co.
-
Sleep Innovations Inc
-
Springs Global US, Inc.
-
Supima Association of America
-
The Textile Institute
-
U.S. Bureau of Labor Statistics
-
US Department of Commerce
-
Walmart Stores (USA)
-
WestPoint Home Stores, LLC
-
Williams-Sonoma, Inc
For more information visit http://www.researchandmarkets.com/research/f87862/bed_and_bath_linen
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax
from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
Source: Research and Markets
<<Business Wire -- 05/27/2009>>