Customisation How - Indian Sleep Products Federation
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
July 2019 Volume 1 | Issue 3 INDIAN SLEEP PRODUCTS FEDERATION by ISPF How customisation of mattress work for the industry? 22 Challenges in distribution of 18 Building a better bed: The role of bedding products manufacturers and suppliers
Content 3 Cover Story 10 Editor S. Sundaresan Editorial & Advisory board Indian Sleep Products Federation A/5, Veerabahu Nagar, Pettai, Tirunelveli - 627 004 India How customisation of Project managed by eMpulse Research and Data Analytics (I) Pvt Ltd mattress work Printed at Aditya Graphics and Printers for the industry? Editorial correspondence may be addressed to Editor, Indian Sleep Products Federation A/5, Veerabahu Nagar, Pettai Tirunelveli-627004 India Believe it or not, the ager of custom-made OR email: ispf.0813@gmail.com mattresses and sleeping-products has https://www.ispf.co.in/ arrived. But what is waking up and what is interrupting this new industry wave?
4 Content Interview 34 Reports 55 We sleep on a Mattress but spend on a Sofa Raghav Menon, CEO/Executive Vice President, Mattress Division, Sobha Ltd. Design-Thinking, Customer- 45 Centricity: Perfect Materials for a Good Mattress Subodh Mehta, Senior VP, Godrej Interio ISPA releases 2018 Mattress Industry History 48 Trends Report Turning points in India’s Mattress Industry In a country where the local Events 52 cotton ginner would sew a bed in days, branded mattress wouldn’t take roots so fast. But the opportunity was there and it was only a matter of time. Feature List 18 ISPF organises Retail Building a better bed: The role of Training Program at manufacturers and suppliers Hyderabad The manufacturers and raw material suppliers are working together fruitfully in order to serve Inaugural edition 58 the best to the customers of Sleep Expo Middle East ends Challenges in distribution of bedding products 22 on a high note Old mattress & Health: Exploring the relation 26 OTHER STORIES No time to snooze 30 India News 8 Get a pillow that suits your requirement 38 Global News 9 How Digital Natives are showing a new way to 41 Sleep Facts 56 Traditional Players
5 FROM THE EDITOR W e are called ‘Comfort role in the future of the industry. We Times’. But in this issue we talk about new materials used inside have chosen to confront and over a bed, we discuss the impact a lot of uncomfortable of digital marketing as well as the questions flanking the industry. Yes, it disruption ushered in by digital natives is the third issue and we have already for traditional players, we unravel the come a long way in understanding unpleasant side of old mattresses the industry in terms of both depth from a health perspective, we explore and contemporary context. But in this the potential of new elements like issue, we dial the level of courage and mattress servicing and santisation, curiosity many levels higher. and we argue again about the role of associated products like good pillows As you will notice, the cover in contributing to better sleep. story itself, picks a crucial question that the industry is grappling with. Of course, as always, these deep Customisation – we try our best in dives are peppered with interesting this story to get into as many layers of observations, multi-dimensional this concept as possible. We give you analysis, engaging examples, its upsides; the deterrents that hold entertaining trivia and relevant updates this force back; as well as the many in the industry. on-ground realities that envelope the utopia of a personalised product. We have aimed to take a closer and deeper look at some important Similarly, we become brave and questions this time. The idea is to get examine another critical challenge that the industry out of a comfort zone. The afflicts the industry in our feature on goal is, like this magazine’s very first distribution struggles. We delve into page intended, to create better sleep factors like transportation, storage and and happier customers. quality that punctuate this industry aspect. Hope you get something out of this issue. Hope we can accelerate that goal We also apply the same sharp eye together and better. and nose to other issues and ideas that are going to have a pronounced Happy reading. Happy questioning. S. SUNDARESAN
6 INDIAN SLEEP PRODUCTS FEDERATION MANAGING COMMITTEE MEMBERS Sheela Foam Limited Centuary Fibre Plates Pvt. Limited Kurlon Enterprise Limited Tirupati Foam Limited Duroflex Pvt. Limited Godrej & Boyce Mfg. Co. Ltd. Sobha Limited M. M. Rubber Company Limited Real Innerspring Technologies Pvt. Ltd. www.ispf.co.in
7 V I SI O N To promote the sleep products industry by enhancing consumer awareness on quality sleep, while setting benchmarks for its products and services. To represent the industry with a commitment to the society and the environment.
8 India News Contribution for New product on a noble cause Taking a novel initiative to support the fore the human life highly impacted by The Indian mattress industry is the Cyclone Fani that hit the Odisha marked by yet another innovative state in the first week of May 2019, product launched by New-Delhi Century Mattresses has contributed Rs based online sleep solutions brand 5 lakhs to the Odisha Chief Minister’s Durfi. The flagship product of the Relief Fund. This contribution has been company, Cotton Candy memory made by the company with an aim to foam mattress is designed to keep empower the Odisha state government the back aligned and has all the in providing critical support in terms features to allow comfortable sleep. of rebuilding homes, devastated The best part about the product is infrastructure and ensuring the that it is fully customisable. Also, it necessary daily needs of the victims. is directly shipped to the customers, which means that the middlemen are eliminated and this makes the product highly affordable. As per pure high resilience comfort layer with the company, “The product aims to airflow technology. Further, the Cotton provide a quicker response at dispersing Candy foam mattress has a base heat and properly regulates body support orthopaedic layer for ultimate temperature as compared to traditional back support and is dust mite barrier memory foam. It features 100 percent and insect-free.” On an aggressive growth path Sleepwell introduces Neem Fresche Taking a step towards aggressive to protect you, while you sleep. growth, online mattress start-up Sleepwell’s Neem Fresche treatment Our body’s perspires and sheds old Wakefit is aiming to achieve Rs 260 in all its products promises to provide skin. These particles make way for crore in FY20. By the end of this fiscal its consumers an Invisible Shield harmful microscopic microbes to year, the company expects to earn of protection against microscopic flourish, which further, leads to various Rs 80 crore revenue and Rs 8 crore allergens. allergies and health disorders. net profit which would be up from Rs According to online reports, several Understanding this need of today’s 27.6 crore revenue and Rs 2.2 crore allergies - asthma, rhinitis and Health Conscious customers, net profit that it earned in fiscal 2018. contact dermatitis were found to be Sleepwell has introduced Neem The company also aims to expand its more prevalent among the Indian Fresche treatment to all its warehouse network in the country from population. Mattresses, Furniture Cushioning, four to seven and add 50 people to its Another Global study highlights that and Home Comforts Products. Neem team by the year-end 2019. the market of Fresche provides Allergic Rhinitis is an invisible Shield growing. The market of protection of allergic rhinitis will against microscopic grow at the CAGR allergens by of 7% during the forecasted period of preventing their breeding over a 2017 to 2023. The allergy or hay fever period of time. Sleepwell’s Neem can be avoided by preventing one from Fresche is based on the collaboration coming in contact with the allergen. with their International Partners With this sensitivity towards allergens, – BioScience from Australia that consumers are becoming more combines Traditional Power of Neem conscious of their Health & Wellbeing. and a powerful Bio Active Agent While consumers ensure the regular Fresche. Fresche Bioscience comes cleaning of their house and assets for with an International Certification of freshness, the core of the furniture US- EPA. Importantly, Neem Fresche cushioning, mattresses and pillows Treatment does not Degrade with remain unaddressed due to its built-up Frequent Washing or Cleaning and is structure. environmentally safe.
Global News 9 Donation for a good night’s sleep Global mattress market forecast Allswell Home, an online luxury mattress and bedding brand managed also hosted a donation drive on its Instagram page on May 15, 2019, It seems that the global mattress by Bonobos, a men’s clothing company wherein the social community was market is all set to see a major that is owned by Walmart has asked to comment on the post with boom as numbers support this fact. extended support to a bed emoji. Each As per a recent research report by Good360 which is bed emoji triggered the Transparency Market Research, Alexandria, Virginia- a specific donation global mattress market is expected based charitable amount from Allswell. to rise at a CAGR of 6.5 percent for organisation. Keeping up to its belief Further, the brand has also promised to the forecast period between 2017 that everyone deserves a good night’s donate an additional $25 to Good360 and 2024 to reach a valuation of sleep. Allswell Home provided mattress up to $250,000/year for every verified US $43.43 bn by the end of and financial donation to the foster product review their community 2024. The report also states that children. In line with this, the brand submits. particularly developing countries, Asia Pacific region, Africa and Latin America are expected to see In search of Slumber Star Intern increased mattress sales due to growth in the domestic, commercial Houston-based, mattress speciality retailer, Mattress Firm has announced its activities, hospitality industry and search for the next Slumber Star Intern with the second annual Snoozetern rising disposable income of the internship. The selected candidates are expected to serve as the company’s people. sleep influencer. This is believed to enable the social media followers of the company to have a first-hand look at the company’s culture, testing, teasing new and upcoming product launches. This will also help the company in catching the attention of social media followers through engaging content. SAATVA launches adjustable Solaire mattress New and innovative product has yet made from 100 percent natural Talalay again hit the mattress industry. This latex comfort layer with five-zone time, Saatva, America’s online luxury lumbar support, contouring memory New entrant in the mattress company is in the news for foam for pressure relief, breathable the same. The company has launched organic cotton cover, moisture barrier mattress industry a precision adjustable Solaire mattress to protect precision components, In a bid to evolve as a complete with six luxurious layers of comfort and integrated, whisper-quiet inflation lifestyle brand, luxury textiles maker 50 adjustable firmness options. The system and dual remote controls with Sferra has added a new product company claims that the product is real-time firmness display. category i.e., mattress in its bouquet. The company forayed into the mattress segment by introducing Compton purchases two styles of mattresses. The handcrafted and made-to-order new plant Sonno Notte mattresses have The plant of Royal Sleep exceptional features. As per the Products in Fort Worth, Texas company, “The mattresses which come has been bought by Compton, in three sizes feature zoned innerspring California-based manufacturer coil system to relieve pressure points Diamond Mattress. As per paired with high-performance natural & the reports, this purchase foam materials and hand-tufted wool will give Diamond Mattress rosettes.” another 60,000 square feet of manufacturing, warehouse and distribution capacity and the ability to offer faster shipping to an expanding customer base in the central and southern United States.
10 Cover Story How customisation of mattress work for the industry? Saves nine annoyed customers. Yes, believe it or not, the age of custom-made mattresses and sleeping-products has arrived. But what is waking up and what is interrupting this new industry wave?
Cover Story 11 G etting a mattress was enough. One ‘had’ to make peace with it. Irrespective of one’s body type, sleeping-position, preferences and quirks about sleep; there was always that ‘one mattress for all’. But like a couple in Bangalore who had different requirements and sought personalized mattresses, there is something adrift across mattress aisles. If one person has back issues and the other needs a softer feel, sooner or later, they will both need a personalised product instead of something that they both have to compromise on. That is happening. People are not only asking for, but also getting, mattresses that can indulge one person’s needs ‘exclusively’. Yes, from firmness level, number of layers, splits, height, frame, spine alignment to There is something adrift across mattress aisles. temporary adjustments – mattresses have entered new contours of customer Consumers are not only asking for but also getting, satisfaction. They are ready for a much- mattresses that can indulge one person’s needs due industry evolution – the era of ‘Customisation’. ‘exclusively’. From a personal preference of surface firmness levels(extra firm or soft), mattress built- Various ways of customisation Size! That comes fixed from the company. up customization, doctor’s recommendation for As Mr. Sameer Kalra, Owner, Maharaja Furnishings, Rajasthan points out, “The spine alignment, mattress size & shape, thickness, only possibility at our end is simply cutting number of layers, splits, height, frame, to as per customer’s requirement; and that too only for foam mattresses. For spring temporary adjustments – mattresses have entered and coir formats, this size-cutting can new contours of customer satisfaction. Consumers only happen at the company’s end. The support, or special needs, for this aspect or are ready for a much- due industry evolution – the something else - that a retailer needs help on- only gets a manufacturer’s attention era of ‘Customisation’. when a considerable level of sales is accomplished.” In Mr. Mahendra Pokharna’s Reverie, Luxi, PlushBeds and ReST assessment, most customers are chasing a new market opportunity - ‘lack Turn to Mr. Mahendra Pokharna, satisfied with the level of size and of customisation’? The offerings and Head of a Sleepwell showroom (Vinayak quality that is available now, with no options that some players, both new Showroom) in Udaipur, and he would other peculiar customisation needs and old, have started to bring on to the also aver that yes, size is the main spotted yet. Mr. Sameer Kalra also tells shelves are truly unprecedented. They customisation need that has emerged that right now 6/6 and a half inches, do not make a customer adjust to a in the market. “Most models come three by 6-one-fourth inches etc. are mattress but do the opposite. They ask with a fixed configuration and size is the dominating the market in contrast to for, anticipate, and adjust to a customer’s only thing that we can personalise for the just one size of six by three inches unique needs – and then give a mattress a customer. It is a market of about 60 that was prevalent earlier. that fits her/him to the T. percent non-standard sales right now. Most companies address these non- But that is bound to change as times A look at a spectrum of ways in standard size requirements upon order. It roll on. Are we not spotting Casper, which customisation is showing its takes anything from three days to ten days Rocky Mountain, Tempflow, Helix unmistakable presence will tell a lot for the company to furnish a requirement.” Quiz, Create-a-Mattress, Dreamfoam, about this big industry-shift. Today,
12 Cover Story Customisation Types mattresses cannot afford to be just mattresses. Customers can be offered 9. Different Materials: Types a buffet of alternatives to get a really- A look at a spectrum of ways in of material that can cater to bespoke mattress: which customisation is showing its differences in temperature, unmistakable presence will tell a lot bounce and breathability Just what the Doctor ordered about this big industry-shift. Today, 10. Motion Isolation: if a sleeping Well, a Helix survey notes remarkable mattresses cannot afford to be partner shifts weight of one side variations in sleeping-positions to just mattresses. Customers can be of the bed, the other side does not start with. It revealed that 66 percent offered a buffet of alternatives to get get affected customers are side-sleepers, 18 a really-bespoke mattress: 11. DIY boxes: Grid-based options percent are back-sleepers, 16 percent 1. Mattress built up: Arrangement that a customer can unzip and are stomach-sleepers and 35 percent of layers and foam-densities then use to configure a mattress. wake up with back-pain. To add to these for a customer’s body type and One can arrange the foam barrels differences, there is another preference- firmness preference and cells as per one’s needs. box. There were 51 percent who tend to 2. Mattress Firmness: Sleeping Firmness levels are categorized in sleep hot, 28 percent like a plush-feel surface firmness and feel different colours so it is easy for bed, 32 percent like a firm-feel bed and preferences for individuals a customer to design one’s own 60 percent like a medium-feel bed. changes as per their body type. firmness utopia So it becomes important to 12. Different mattress: Different Medical experts and holistic wellness have ideal firmness for each mattresses for side sleepers, back consultants confirm the argument that mattresses. sleepers, stomach sleepers etc. such numbers often make. “People have 3. Mattress Fabrics: Fabrics that 13. Medical Support: Pressure-point forgotten to sleep right. They do not even can reduce moisture or can offer support so that side sleepers or know what position they sleep in. How lumbar support or control heat- medically-sensitive cases can get can we expect them to sleep right when variations the right support they sleep in a sad state of awareness 4. Mattress Size: Ability to fit to a 14. Smart mattress: Smart thanks to the addiction-spree of alcohol, given bed-size or frame mattresses with sensors that can blue-screens and poor lifestyle choices?” 5. Temperature control: Cooling adjust materials and shape to Dr. Saroj Sharma, Head, Kala Ashram comfort layers for hot regions differences and sleeping-position Wellness Centre who gets severe cases 6. Dual Sided: Two-sided dual every night. They read body of insomnia and depression at the comfort mattresses and heat-maps, pressure hot-spots, centre, cautions about the heightened customisable beds for couples and roll-over patterns so that need for a conscious choice in sleeping with different needs compressors inside the bed can right. 7. Body Support: Capabilities like automatically balance air pressure body contouring and zoned beneath several body parts – hips, Many medical practitioners have support for various regions – head, side, spine, feet etc – but so often lamented poor sleeping-position head, lumbar area, waist, hips and slowly and subtly that the sleeper as both a cause and an effect of back- feet does not wake up untimely or in pain. To maintain the natural curves of 8. Adaptive Mattress: Responsive an abrupt manner the spine in bed is essential, but not so and adaptive coil, foam, weight- 15. Customer Preference: Quiz-based easy. If a doctor recommends someone distribution micro units and layout shopping where a customer is with a herniated disc to sleep in a foetal- choices equipped with better knowledge position or if someone with lower back- of what one truly needs and then pain is prescribed a reclined-position given options that fits – we know that the way we sleep is 16. Orthopedic mattress: Mattresses not a trivial matter when it comes to that can align to different weights, spine health. Stress on back, head and sleeping-positions and pressure shoulders can be easily controlled by points. Ex: Orthopedic mattresses using the right mattress. And for that; 17. Memory Foam: Foam and spring cognizance of what one needs, and mattresses with an upper layer of lacks, is crucial. gel memory foam so that they can mold as per the shape of the body Dr. Yatin J Patel, a board-certified no matter what one’s sleeping- pulmonologist, published author and position is sleep physician who is a passionate 18. Life-stage-based options: That advocate of a lifestyle founded on adapt to injuries, pregnancies or healthy and happy living, corroborates special athlete-needs Dr. Saroj Sharma’s concerns when he
Cover Story 13 talks about the poor state of sleep To understand the value getting there. As of now, to understand the health in India. “Sleep health globally value of customisation and pay money for has been ignored and more so in rapidly of customisation and customisation - that is still far off for India, developing country like India. The young pay money for customisation except for a few customers.” population in our nation is so preoccupied - that is still far off for with chasing success that it ends up A peek from the other side ignoring sleep quantitatively, and more India, except for a few Making good listeners in the form of importantly, qualitatively. This sleep-deficit customers mattresses is not going to help users retards their executive performance. Their alone. It is good lumbar support for the creativity, problem-solving, and optimism industry as well. get adversely affected.” Tushaar Goutam, Director, Sheela Foam Mattresses receive the least bit Dr. Yatin J Patel observes, and deals of attention while making homes. with, a lot of sleep-disorders at his But, gradually the urban Indians are private practice, Sneeze & Snooze Clinic, realizing the importance of good sleep Indiana. As the Medical Director of the unique sleep needs. But he maintains and it’s direct impact on our health. Center for Sleep Studies at Goshen that the bigger issue is our lack of focus Mr. Gaurav Gulati, a noted branding Hospital and ‘The World’s Only Sleep Doc and our ignorance as to the importance expert, author and Personal Branding & with a Notre Dame MBA’, as he prefers of sleep in helping us live a full and a Brand Engagement Consultant. “Hence, to introduce himself, Dr. Yatin J Patel productive life. “Once you have made that the mattress industry - by encouraging makes sense when he points out the commitment to getting a sound sleep of customisation - is providing the consumer unique differences that every individual seven hours, then you can look for products with simple, smart, and effective sleep has pertaining to the way one sleeps. that can help you achieve that.” solutions. Sound sleep makes a sound “Yes, within a predefined range, each of us mind!” has unique sleep needs. My wife needs six- These insights and questions find and-a-half-hours to feel alert and energetic an echo elsewhere too. Mr. Tushaar However, such an evolution also all day, while I need seven hours of sound Gautam, Director, Sheela Foam observes needs new models and approaches from sleep to be at my best. According to the task that the fundamental research that is the industry so that customisation is a force convened by the American Academy underway at the company (on the basic durable, pervasive and easy-to-execute of Sleep Medicine and the National Sleep science of sleep) has revealed different strategy. Foundation, we need sound sleep of seven needs for different kinds of bodies. hours - give or take thirty minutes.” The issue that the industry, hence, The platform-based approach confronts is ‘how to communicate this pioneered by brands like Casper is He welcomes the burst of new sleep to customer – through sales channels, worth reckoning while discussing products that aim to fill the void of doctors and other means’. “We are customisation in the industry. Casper, as Mr. Daveed Kuruvilla, Director, Restolex Coir Products Pvt Ltd notes, was revolutionary in its implementation of a new business model of selling directly to the end consumer. “This sort of approach would work anywhere as it reduces prices for the customer, provides trial-periods etc. When this approach began, players like Casper marketed their product as a mattress that’s perfect for all. This clearly was not the case as different people like different things. Now Casper offers multiple types of mattresses, even incorporating springs. So would the approach of selling directly to customers online work? Most definitely. Would marketing one mattress to suit all work? Probably not.” Mr. Gaurav Gulati explains this ahead from a marketer’s angle as well. “If Casper manages to position itself as a perfectly-priced premium brand with good storytelling, trust me, they will be
14 Cover Story unstoppable after all Crocs footwear We have been in the says, customisation of mattress is an success in India too is completely based industry for more than interesting scenario of our country. on comfort and health, who wears it for During our research, we found that fashion and style. Yeah, it may be a show- 31 years but the amount there is an absolute lack of awareness. off for some.” of customisation requests Today, in India, branded companies we get every day is nothing are serving only 15 percent of the But Mr. Gaurav Gulati also underlines bed requirement. The remaining 85 the demand side here. “Basically, what compared to the scenario 30 percent is getting their bed made by all customers consider while purchasing years ago. local manufactures or carpenters. a mattress is their health condition Many of them, including the customers and sleeping experience on a particular approaching them doesn’t know that mattress.” the standards exist. The relevance of Nirbhay Gupta, CEO, Coirfit Mattress standardisation is important when Mr. Nirbhay Gupta, CEO, Coirfit you need many items from different Mattress observes that with a paradigm companies to complete the solution. shift in the choices of consumers, it has Hardware industry, Sanitary industry, become mandatory to cater to the fast- sure it will completely suit the user’s Construction industry are some of the growing demands of the consumers. “We body. “Because it is not just about selling examples. For using the bed for sleeping have been in the industry for more than 31 a product but also about proffering a good purpose, you need many other items like years but the amount of customisation sleep experience to the end user.” mattress, bedsheets, pillows etc which requests we get every day is nothing is manufactured by different companies. compared to the scenario 30 years ago.” “With more than million satisfied In order to get everything fitted well on customers, Coirfit has a wide range of the bed, standardisation is a must. We He explains how an entire mattress mattresses made to suit each person’s observed that customers build their customisation is now possible based sleeping needs. We aim to deliver the bed without the knowledge of this on the choice of fabric type, edge best mattresses keeping in mind all the and later get into the trouble of buying design, size, comfort level and even preferences of the buyer. To accommodate customised mattresses, bed sheets etc. the inside-layer configuration. our customer demands, we rely on every which will end up in an expensive and “Therefore, we give an option to provide major to minor attention while designing time-consuming affair for them. a completely customized mattress the mattress. From mattress comfort to while guiding the user about the various mattress look, we work towards developing Mr. Saurabh Sharma slices the advantages of different mattress layers. innovative, yet personalized, sleep systems issue further and says, though we are We understand when it comes to health; for the users.” well equipped to do customisation of there should be no scope of carelessness or any model, we are encouraging our misguidance.” So customisation is good, but how customers and channel partners to much of it can be real? promote standard variants for the While customers are willing to benefit of them. This will help in reducing experiment with a hybrid of latex + The Real Cut waste of material, time, effort and in the memory-foam mattress or a medium There are many factors that can add end help us offer our products in a highly comfort memory-foam mattress, new arguments on the customisation competitive price and faster delivery. Mr. Nirbhay Gupta stresses that the aspect, when one looks beneath the company does not believe in crafting superficial layers. Mr. Saurabh Sharma, If the mattress industry in India is the same for them till the time it is made General Manager, Godrej Interio, ready to give that ease, comfort, and
Cover Story 15 As we all are different in our body structure and sleep requirement, one type of mattress cannot offer correct solution to everyone. Hence its critical to have personalised mattresses according to the body type. In future as people get more aware about sleep, we believe customisation in this direction would be more in need. a ‘one size fits all’.” Coirfit’s Mr. Nirbhay We should first start Gupta adds. encouraging people Saurabh Sharma, Mr. Daveed Kuruvilla adds that any to know about mattresses General Manager, Godrej Interio mattress maker who values their brand before we can encourage name would have to positively align them to customise. themselves with sleep and wellness experience to the people; that Casper issues, regardless of being an online gave to its customers and could grow player or a brick-and-mortar/touch and exponentially, the model can be worked feel player. Daveed Kuruvilla, Director, Restolex Coir Products out here too, reasons Mr. Gaurav Gulati. Pvt Ltd Users are more aware, as Coirfit’s This strategy can disrupt and Mr. Nirbhay Gupta explains, than before challenge many legacy models and regarding their health and have become count in all the special manpower force complacent players. But the rewards extremely conscious while picking a that designs, engineers, creates and can be attractive enough. After all, mattress for themselves. “Whether they assembles custom-built mattresses. what better and deeper way of creating buy their sleep haven online or offline, they differentiation and loyalty than giving are inclined to research about it before Customisation, as industry players a customer something that fits like a opting for one. A concomitant aspect of will aver, is an expensive foray. It is not square peg in a square box unlike the this research and their needs leads to an always cost-effective. ‘square peg in a round hole’ options inception of getting a mattress customised that customers have been living to suit their body preferences. However, Mattress industry never encourages with for years now. This also makes as sleep experts, it falls into our hands customisation of their mattresses, but sense because mattresses are still, to make sure that each product offering they are left with no option when sales comparatively a low-frequency but is genuine and eases their sleep related of furniture beds are non-standardised a high-involvement purchase in a issue.” and due to this, mattress competitors, customer’s lifecycle. Customisation too, supply customised mattresses to caters to not just physiological It is about time. It seems. retailers – as a candid Mr. Nitin Gupta differences but psychological ones too from King Koil India also reveals. – and with a real tangible product – not Pebbles in the Nest just a brochure. But customisation costs. Not only to the To add to that, there is a trial-period customer who is still facing heavy-priced that is a make-it-or-break-it rule of the “Fixtures and position of layers can labels for purchasing custom-made new game. make a really big change in mattress stuff, but also to the mattress-maker. formation. We are always eager to guide After all, it is a process that entails Casper, gives both to the customers. the end users about the properties and special materials and special effort. The It offers, along with the painless functions of different materials used in special manufacturing costs not only purchase experience, a trial period of mattress making. Therefore, we aim to include the coils and layers needed in 100 days. And if not satisfied full refund, fulfill these orders with our expertise never-before varieties and assortments Mr. Gourav Gulati observes. “The full knowledge and to help these consumers but also expenses of hand-made refund is the most motivating strategy for get a mattress that fits them instead of mattresses. Let us also not forget to Indian Consumer, let’s not forget Amazon
16 Cover Story What brands expect from retailers 1. Retailers have to educate consumers about the materials used in the mattresses, new technologies incorporated in these materials, their feel, longevity etc. 2. Retailers should educate consumers on the role of mattress and pillows for sound sleep. 3. Retailer should provide important feedback and suggestions that they receive from the consumers. 4. Retailers should share buying “Internationally there are about six to eight behaviour of consumer time to Customisation of sizes standard sizes; and brands improvise their time. in Indian mattress production with least wastages due to standardisation. This has been possible 5. Some of the mattress retailers also sell furnishing. When industry is a major due to strong furniture associations to a customer is looking for a create beds of standard sizes, which looks mattress retailer should not problem which brings absent in India.” divert his attention to buy a a lot of growth- and furniture. On the difficulty level for a opportunity-resistance manufacturer, Mr. Tushaar Gautam but once they leave their negative reviews for supplier players in dismisses some assumptions. “There are some opposing forces playing about the product, rest of the prospective buyers become alert. And today customers the industry at each other. The time constraint shop only after reading reviews.” that most customers give in the way they demand mattresses – certainly Mr. Daveed Kuruvilla feels that the positioned itself in India highlighting makes it a little difficult for a player to onus of identifying a sales-gimmick ‘Hassel Free Returns & Refund’, and customise. But the whole industry is falls on the customer. “So for a brand’s Flipkart, too, did the same. And this works designed to customise because of the marketing to be called out as a sales- perfectly for Indians.” way production can work. The basic gimmick with no real differentiation in their module is there but certain attributes of product, the customer will need to have In the assessment of Mr. Nirbhay customisation like layers, thickness etc. done enough research and comparisons to Gupta, even though there is a colossal can be built upon this. Manufacturers see a product for what it is. If the customer urge for customised mattresses, not are already customising based on size knows what’s on the market they won’t many brands are offering customisation and all we need is some other aspects fall for great marketing of an inferior besides basic size customisation. To that can be blended in. product.” quote around five to ten percent of orders are up for customisation and In any condition, it is important that This hints at a big role that industry not much development is happening in customisation is sincere, authentic, players need to fill in that will not just the mattress industry related to these enduring and definitely, not something sell customised mattresses but ensure demands. “Only size customisations are that comes across as another that people see it as a valid product being catered to.” Just like what retailer sales-gimmick. proposition and need-fulfillment. This Kalra told us at the onset. is more than a functionality or a frill. It To manage this 100 percent is not is a about a psychological need that has Customisation of sizes in Indian possible but yes, today people are smart to be addressed sincerely and smartly. It mattress industry is a major problem buyers, Mr. Gourav Gulati agrees. “They will, first, need a lot of homework; and, which brings a lot of growth and don’t simply buy anything, they know they then, quite some legwork before one opportunity resistance for supplier have the rights to express their experience can confidently say that a customised players in the industry. Mr. Nitin with the brand. There may be one or two mattress is up for grabs in one’s product Gupta from King Koil India contends, or say few people, who can be dodged, menu.
Cover Story 17 Internationally there are about six to eight standard sizes; and brands improvise their production with least wastages due to standardisation. This has been possible due to strong furniture associations to create beds of standard sizes, which looks absent in India. Nitin Gupta, Director-Retail and Channel sales, King Koil Mr. Daveed Kuruvilla also weighs in The young population this factor as a pronounced one. “In order to encourage customisation of mattresses, in our nation is so we would first need to encourage educated preoccupied with chasing Before you ask for Jeeves customers. Customers would have to know success that it ends up The presence of unorganised players about the materials used in mattresses, and lack of quality standards in the new technologies incorporated in these ignoring sleep quantitatively, industry make the situation harder materials, their feel, longevity, etc. As and more importantly, to navigate, as hinted at by some top mattresses are a low-frequency purchase qualitatively. industry players. this makes it challenging to have customers who are well-versed and have information Yatin J Patel, Mr. Nitin Gupta from King Koil enough to effectively customise their own a board-certified pulmonologist India opines that till the time furniture mattresses.” association in India really focus on this standardisation, almost nothing We should first start encouraging is possible at the level of mattress people to know about mattresses before manufacturers. Needless to say, a we can encourage them to customise, government intervention looks like a he suggests. “That said, there is already anything to experience something new and best solution to enforce such move. a niche in the Indian market made up valuable.” of customers who know exactly what More importantly, for customisation they want and look for custom-made The issue, of course then, is our lack to truly work, players as well as mattresses, and we are glad to help them of focus and our ignorance as to the customers would have to rise to a new with their specific needs. After all we are in importance of sleep in helping us live mindset and responsibility. Dr. Saroj the mattress business to help people sleep.” a full and a productive life, Dr. Yatin J Sharma and Dr. Yatin J Patel both are Patel reminds. “Once you have made that emphatic about the dire need for better Gaps, in the assessment of Mr. commitment to getting a sound sleep of sleep hygiene and awareness in today’s Tushaar Gautam, are starker around the seven hours, then you can look for products stress-and-addiction-heavy lifestyles. communication that happens between that can help you achieve that.” People need to know how they sleep channels and customers. “Point-of- before they work on how to sleep better. sale is a crucial 25 to 35 minutes of Providing healthy sleep is the communication window where a lot can root cause for mattress industry to Even Mr. Mahendra Pokharna, who is be achieved ahead.” But he hopes that consider customisation. As Mr. Tushaar from the retail side, is worried about this customisation can help the industry in Gautam puts it industry has look at huge lack of awareness that customers creating a niche market in the next four customisation is an opportunity for exhibit when it comes to good sleep. to five years. future growth. Because, yes, what “People do not know when to change the can be more valuable than a mattress mattress. To introduce experience stores These hopes resonate well with that has been made specially for one’s would a great idea, but basic awareness Mr. Gaurav Gulati’s optimism too. sleeping whims, fancies and fantasies! is something that needs to be first worked “India is an emerging nation with a lot Only one thing - A mind who can create upon.” of cash flow; buyers are willing to spend such a mattress!
18 Feature Building a better bed The role of manufacturers and suppliers D ue to urbanisation, rising disposable incomes and health issues, the Indian mattress market is growing at 10-15 percent annually. Of this, the organised market share constitutes only 30 percent. However, now it is expected that the market share of unorganised mattress players which is led by street- side shops and the local operators will drop drastically in the coming years. This is because Indians are increasingly demanding branded and good quality products. In fact, the mattress/bedding market is gradually transitioning from largely unbranded to branded market which is expected to grow at a CAGR of 13 percent over next five years to The manufacturers and Well, this way, the manufacturers constitute nearly 40 percent of the take all the possible steps to stay market by 2022. raw material suppliers abreast with the market trends, their are working together customer expectations and needs to In addition to people demanding good manufacture the best mattress product. products, another reason behind this fruitfully in order to trend is that of lately, the manufacturers and raw suppliers are working together serve the best to the 2. Adoption of new technologies: The ultimate goal of any mattress fruitfully in order to serve the best to customers manufacturer is to ensure that the the customers. While manufacturers are consumer gets all the comfort that adopting innovative technologies and he desires from his/her mattress. It is methods to bring out a better product, has given rise to various lifestyle diseases. for this very reason that reliable and the suppliers by supplying quality raw Also, these days, people have to work for top-notch manufacturers in India are materials and machinery are ensuring longer and this involves sitting for hours concentrating on new technologies in that the manufacturers are able to do. together. All these issues have resulted in order to make better mattresses. Thus, various sleep problems. In such a scenario, the industry has naturally progressed So, this article would explore the as manufacturers, we take it as our duty from unorganised cotton and foam- individual contribution of manufacturers to give all the comfort to the customers based products to quality products with as well as suppliers and their relationship while they sleep. For that, we engage with an infusion of technology. Some of the in bringing out the best mattress product the customers and ask them about their latest technologies incorporated by in the market... health problems and then look into the manufacturers to build a better product best solutions that we can offer them.” include: Strategies adopted by the manufacturers Mr. Hemant Gupta, Director, a) Combination of innerspring and 1. Understanding customer’s Aerocom Cushions Pvt Ltd, shares a memory foam: The mattress that requirement: similar thought. He avers, in addition is prepared by combining these two The first and foremost thing that to understanding the customer’s needs types of technologies is known as the the manufacturers are doing is and suggesting the product that would hybrid version and is considered best understanding the need of the market/ suit them, we ensure that they get such for all kinds of sleepers. While inner customers very well. Kundan Kankariya, products at an affordable price. We spring give better comfort (support) Director, Kontak Comfort Products Pvt ensure that the product from inside and and sleep to the consumer, the outer Ltd, notes, “Over the years, lifestyle of outside is of good quality and has a good layer made from memory foam gives people has changed drastically and this life.” better pressure relief and comfort.
20 Feature These days, new memory foams are elevation of the mattress can also be raw materials that are not only good but also being used which have an open controlled with the help of the same perform specific functions, have unique cell structure and this reduces heat remote control. features and offer something extra. Hence, retention, improve airflow and keep the raw material suppliers are constantly the foam cooler. Even gel memory 3. Increased usage of organic material: working towards supplying such materials.” foam is increasingly being used by Since past several years, mattresses the manufacturers as it provides were made using polyurethane foam, a He adds further, “What is heartening enhanced pressure-relief and this petroleum-based material which emits to note that now not only big brands are is good for patients who have joint volatile compounds that are harmful demanding quality materials but even local pain issues. Few manufacturers are to both humans and the environment. mattress manufacturers are demanding also making use of variable pressure Now, with the growing awareness them. They also want technologically foaming technology which negates about the environment, customers are advanced materials and not just run-of- the need for chemical blowing demanding mattresses that do not harm the-mill stuff. This is a good sign for growth agents. the environment as well as humans of the bedding industry as a whole.” b) Temperature controlled mattresses: and this is leading to manufacturers Few mattress manufacturers in the using organic methods and material country are also coming up with for making mattresses. This is the The new age temperature controlled mattresses reason that materials like eco-latex which are quite popular in other and bio-cotton are increasingly being machinery and nations. A perfect fit for India's hot used. Mattress like organic innerspring materials are resulting and humid climate, such mattresses mattress and plant-based memory allow their temperature to be foam mattress are gaining prominence in increased production controlled with the help of remote control and thus ensure good sleep. and attention from the manufacturers. and improved Not just the temperature but the 4. Paying attention to mattress cover: manufacturing These days, manufacturers are not only paying attention to the inner materials operations and technology but they are focussing on mattress cover technology as well Not only the raw material suppliers which is also very important for the but even the machinery suppliers for comfort and health of the customer. the bedding industry assume a lot of importance in contributing towards The mattress industry in Above are a few strategies that are making the best product. This is because India has a lot of growth adopted by the manufacturers these an efficient machine which is highly potential. The spending days in building a better product and automated and fast can manufacture power of customers is increasing. expect support from the suppliers. Here, increased number of products which In fact, today, even an average comes the importance of raw material are of good quality and save time, Indian customer is willing to spend and machinery suppliers. money and reduce wastage. Hence, the a considerable sum for a good machinery suppliers are also constantly quality mattress. Keeping this Strategies adopted by the suppliers engaged in coming up with improved in mind, the manufacturers are Just like mattress manufacturers, even machines which can help the mattress increasingly coming up with some the present-day suppliers have woken manufacturers in developing products of the best mattresses that are up to the fact that it is necessary to that are of supreme quality. made using innovative technology. supply the best quality raw materials Well, not only manufacturers but so as to ensure that the end-products Relationship between the even the suppliers are making all is good. Suppliers are also realising manufacturers and suppliers the efforts to ensure that the best that it is necessary to cooperate with While the manufacturers strive hard product is manufactured. the manufacturers to see that they get to come up with new solutions to give Thus, it can be definitely concluded what they need in order to develop a better products to the consumers, the that a good product can reach good product. suppliers ensure that the best of raw the customer only with the joint materials and machinery is supplied efforts of the manufacturer and Thus, in order to understand what the to the manufacturers in order to help supplier. This presents dearth of mattress manufacturers want, suppliers them achieve their aim. Manufacturers opportunities for growth for the actively engage with the manufacturers. and suppliers can function in the best manufacturers as well as suppliers Mr. Rajiv Khanna, Director, Shiv Techfabs possible manner only when they work in India who can work together to Pvt Ltd who is into mattress ticking together towards a common goal build a better bed. fabric supplies business, says, “These that is developing the best mattress days, manufacturers are demanding product.
22 Feature There are various challenges faced by mattress industry in terms of quality, transportation, storage and getting distribution network right, that if solutions aren’t found in time, could derail the growth story.
23 How challenging is distributing bedding products from manufacturing to distributors ISSUES FACED & SOLUTIONS FOUND T he Indian market is witnessing a retail mattress sales. the competitiveness of exporters. shift from unbranded or cotton- based mattresses towards Brands are leveraging large Another hurdle in standardizing branded mattresses. In recent distribution companies to have omni- shipping is a lack of prescribed size of years, the average growth of Indian channel presence. Today, typically, mattresses as in western markets. This comfort and bedding industry was customers can buy mattresses on lack of uniformity in Indian markets 10-12 percent per annum and this is the website and also from third-party puts an unnecessary burden on delivery likely to grow at a CAGR of around 15 platforms such as Amazon, Flipkart, logistics. percent in the next 5 years. However, Shopclues and Fabmart to name a few. there are various challenges faced by Many companies are setting up owned Innovations to the rescue mattress industry in terms of quality, stores in key markets. With the e-commerce trend, the transportation, storage and getting culture of try-before-buying direct-to- the distribution network right, that if Pain points consumer (DTC) model is on the rise solutions aren't found in time, it could Mattresses by nature are a bulky posing logistics challenges. The ever- derail the growth story. products and expensive, which is growing popularity of Amazon Prime accentuated by a lack of affordable model of hyper-fast deliver is putting Amidst all the roadblocks the industry transport companies to handle them. pressure on companies in terms of is able to craft innovative solutions on the This restricts companies from expanding scaling their business. Customers go, especially in packaging and shipping. their markets geographically and forces expect to get their product within one or New age, internet savvy players have them to run their own fleet of vehicles two days. adopted Direct To Consumer (DTC) for deliveries thus adding overheads to approach while traditional players their operations. Companies like Casper in the US — have mostly focused on expanding and which is now coming to Indian shores strengthening their ground level multi- Infrastructural bottlenecks also — have shown radically new ways of tier network. Evolution and upgradation add to the tremendous strain. Loss of packaging and shipping. Thanks to a are evolving in real-time in retail touch transportation time & transaction time decade's old technique of compressing points as well as technical innovations at ports, land borders adversely affects foam or mattress material to compact helping to reach the market fast and forms, Casper was able to pack the safe. mattress in a small box that can be Over recent years, the delivered by players like Amazon. Once Spurred by overall economic growth, sales channels for delivered, the pack would be unboxed the logistics industry comprising to reveal a highly compressed mattress road, rail, air and water — a $130 mattresses are shifting which would popup into its full shape billion industry is expected to reach $300 billion by 2020 — this growth from bricks-and- slowly. not withstanding, the logistics is the mortar stores to online This whole process itself though toughest nut to crack for the mattress slow and tedious, turned out to be "an industry so far. sales. It is estimated experience" customers loved to have. that the e-commerce It was sheer serendipity. E-commerce Over recent years, the sales channels led mattress players since then for mattresses are shifting from bricks- channel claims around have taken to bed-in-a-box and the and-mortar stores to online sales. It is estimated that the e-commerce 10% of word retail "unboxing" phenomena to newer heights. With this, the transportation channel claims around 10% of word mattress sales and last mile delivery was solved
24 Feature but storage, inventory management still required traditional solutions discussed earlier. Conclusion Finished product distribution is a vexing issue in any industry. It is more so in the mattress industry given the size of the product and the need for careful handling due to expensive, fragile material involved. While, traditional players have evolved a good strategy over time, the new age Amazon- like, hyper-fast age requires new solutions. While, e-com companies have turned to optimize packaging and shipping, there is still a huge scope for improvement in better handling distribution. Solutions 1. Traditional players have shown the road to solving 5. Typically, traditional companies utilizes logistics vexing distribution issues. As demand increased, infrastructure hired for the supply of raw materials the industry realized that it needed a better way to to the manufacturing facilities for onward supply of optimize warehouse and order fulfilment operations. finished products and foams to the Many companies prefer a logistics solution that would distributors meet its business requirements and help it grow in the 6. Exclusive distributors are typically engaged in strategic unpredictable business-to-consumer space. Most often proximity to the manufacturing facilities, which helps the solution comes in the form of a third-party logistics reduce carriage expenses and minimize product (3PL) and warehouse management system provider. damage. Most distributors have been associated with 2. E-commerce players have seen rising returns rate — these traditional companies over a long time — mostly though lower than five to six percent lower than that over 20 years or more. Extensive and well developed of the standard direct-to-consumer volume, it requires pan-India sales and distribution network and retail attention, strategic insight, and an experienced logistics dealers for home-comfort products. partner who can accept and reroute returns to the 7. The distribution network has to be well integrated with appropriate recipients. That's where 3PL partners come the manufacturer’s IT platforms, that enables tracking to the industry's rescue. secondary sales made by the distributors and dealers in 3. A time-tested formula is to engage exclusive real time. distributors in strategic proximity to the manufacturing 8. The new GST regime has ensured that warehousing has units, helping reduce carriage expenses and minimize got a leg up and it is easy to transport finished products product damage. across borders. While, traditional way of distribution 4. A large sales personnel actively engage with key was to establish manufacturing plants close to the distributors thus ensuring the distribution channel target market, with warehousing and efficient 3PL is well oiled and a positive feed-back loop is created. services available, a new model is emerging — using Such a deeply integrated network of distributors and efficient warehouse management to distribute and 3PL the companys' sales force help in aggregating demand as a JIT partner. It needs to be seen as to how efficient signals and right-sizing the production and inventory. this model will turn out, though.
You can also read