Archive for May, 2018

Bed in a Box?

How do you put a bed in a box?  Well, we found the answer out recently on an appraisal assignment…you purchase a $350K mattress compression roll packing machine such as this one from C3.  The “BinB” market is estimated at about 10% of the overall bedding market but is growing substantially.  Lead time for one of these machines is about 4 months.  On-line mattress sales have grow significantly, rising from 6% of total mattress sales in 2014 to 10% in 2016.  Other specialized foam processing equipment such as slitters, saws, profilers and cutting centers are also experiencing high demand.  The mattress purchase model is changing and consumers are gravitating to the value proposition offered by companies in the “BinB” space.