Tonybed, a 30-year-old mattress brand, inaugurates its new state-of-the-art factory worth nearly 5 million USD.

Tonybed, a renowned brand in the production of bed sheets, pillows, and mattresses, has recently inaugurated its new factory in Long An on 24/02/2024. The factory spans an impressive area of 12,000m2 and marks a significant milestone in Tonybed's efforts to expand production and enhance the quality of its products.

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Expand production with a new factory, with modern technology

Tonybed’s new factory in Hoang Gia Industrial Cluster, My Hanh Nam commune, Duc Hoa district, Long An, not only has a large area but also is equipped with modern production lines. With a total investment of nearly 5 million USD, this factory will enhance the production capacity of synthetic rubber mattresses, pocket spring mattresses, palm oil mattresses, blankets, bed sheets, pillows, meeting the increasing demand of the market. The production capacity of the new Tonybed factory has significantly improved compared to the old factory in Binh Chanh, reaching 40%.

The Tonybed factory in Long An is invested with modern equipment and has a large production capacity

With a workforce of 100 people and modern production lines, advanced machinery such as 100% automatic pocket spring machine, CNC cutting machine, automatic blanket sewing machine, the new factory can produce over 100,000 mattresses, 60,000 bed sheets, and 100,000 pillows in a year.

With over 30 years of experience in the industry, Tonybed always prioritizes product quality. Strong investment in technology and production processes helps Tonybed meet the complex and diverse requirements of the market, from premium mattresses such as Memory Foam, pocket spring mattresses to auxiliary products such as foam pillows, cotton pillows, and high-quality bed sheets. Tonybed’s bedding products have also received prestigious certifications in the industry, including ISO 9001:2008, US fire-resistant certification, and Top 10 National Brands 2023.

Export prospects and online market

Despite facing many difficulties due to the impact of the pandemic, the mattress and bedding market continues to grow steadily both globally and in Vietnam. According to Zion Market Research, the global household mattress and bedding market reached a value of about 90.5 billion USD in 2022 and is projected to increase to about 161.4 billion USD in 2030, with an annual growth rate of about 7.5% from 2023 to 2030. In Vietnam, the mattress market has a scale of over 1 billion USD and is forecasted to continue growing at a rate of about 5.8% from 2023 to 2028 due to the increasing demand from consumers.

Tonybed’s management team leads customers on a tour of the factory

Vietnam has become one of the active countries participating in the export of mattresses and bedding, with exports increasing from 248 million USD in 2018 to 530 million USD in 2019, a 114% increase.

Tonybed has also been actively expanding its export market to countries in Southeast Asia and is expected to focus more on challenging markets such as Japan and the United States.

Tonybed products are popular in the Cambodian market, where Tonybed has 40 distributors.

According to data from Metric, the online mattress and bedding market is growing rapidly. In 2023 alone, sales on platforms such as Shopee, Lazada, and Tiki reached 2,013.4 billion VND (equivalent to 91.52 million USD), an increase of 28.57% compared to the previous year. This demonstrates a strong shift from traditional channels to online channels.

Tonybed does not miss this opportunity. By developing an online sales strategy and launching products that meet the needs of online consumers such as office mattresses, utility mattresses, car pillows, meditation mattresses, Tonybed has a presence on leading e-commerce platforms, bringing convenience and diverse choices to customers.

An aerial view of the new factory

At the inauguration of the new factory, Ms. Ly Thi Cam Tu, Chairwoman of Tonybed, shared her heartfelt commitment: “In the context of economic difficulties, Tonybed has decided to invest heavily in building a new factory with a large area and modern equipment. With over 30 years of experience and the trust of customers, we are confident that this is an opportunity to develop and provide the best quality products to the market. Although investing in a recession may pose challenges, we believe that our efforts will be worth it when the economy recovers.”

Tonybed showroom displays a variety of popular mattresses, bedding

Tonybed, established in 1995, has been operating in the mattress and furniture manufacturing industry for over 30 years. With an extensive distribution network and diversified products in terms of materials and designs, Tonybed is not only one of the reputable brands in Vietnam but also a member of leading global organizations in the mattress industry.

Website: www.tonybed.vn

Hotline: 0931 13 20 06

SOURCEcafef
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