Kurl-on continues to expand product portfolio, further consolidating market leadership in India’s growing market for mattresses

” Strengthens offering in premium & luxury segment, launches India’s first wedding mattress ”

Bengaluru, November 7, 2019: Kurl-on India’s leading and largest selling mattress, home furniture and furnishing brand today announced further expansion of its growing product portfolio in India’s fast growing mattress market, with the launch of the first of its kind wedding mattress in the country, The launch not only marks Kurl-on’s entry into the wedding market worth over $50 billion (INR 33,000 crores), but further strengthens its presence in two fast growing categories – niche, specialised mattresses catering to a specific growing need and the premium & luxury segment estimated to be around $ 23 billion (approx. INR 15,000 crores), into which Kurl-on marked its entry earlier this year by collaborating with SpringAir. The rise of the discerning class with double and higher disposable incomes coupled with global exposure has spelt good news for the luxury products space.

Kurl-on’s new wedding mattress is its 5th mattress launch in the last 2 years. Overall Kurl-on has over 200 products in the mattress and home furnishing segment, reiterating the brand’s focus and commitment to product and technology innovation, to be able to continue meeting the needs and demands of new age consumers in India’s fast growing home comfort market.

Addressing at a press conference in the city, T.Sudhakar Pai, Chairman & Managing Director, Kurl-on, said “At Kurl-on we are driven by the passion for innovation. The launch of the first ever state themed mattress for the wedding season bears testimony to our innovation prowess. Indian weddings with its elaborate rituals and customs also has the tradition of giving gifts to the newly-weds. Kurl-on was quick to identify the gap for traditional gifts to the newly-weds. The introduction of the themed mattress for the wedding season is a reflection of Kurl-on’s strategy and to address the growing need among consumers for unique and tradition-reflecting gifting options for the newly-weds”.

Prashant Deshpande, Head- Marketing, Kurl-on, said “With the introduction of the wedding themed mattresses, Kurl-on has carved a nice space in the specialised mattress segment Titled “Mattress of India”, the wedding themed reflects the strength of Kurl-on to introduce products ahead of time. The new mattresses will be available in all standard variety in King and Queen Size. The price range of the wedding mattress range from INR 20,000. The product will be available at Kurl-on ‘Home Komfort stores present across all Kurlon stores and online at http://www.kurlon.com

Riding on a base of Rs. 1,050 Crore sales revenue recorded for the year 2018-19, Kurl-on hopes to record a 25% growth to close 2019-20 with a turnover of over Rs. 1,200 crores. The year witnessed Kurl-on making deeper inroads into retail expansion, new product introductions, brand promotions like Mattress of India to name a few. On retail expansion, Kurl-on plans to expand its footprint from the existing 100 stores to 250 stores by end of financial year 2020.

Kurl-on is the first and only mattress brand in India to be “UL GREENGUARD Gold” certified GREENGUARD Certification helps manufacturers create and helps buyers identify interior products and materials that have low chemical emissions, improving the quality of the air in which the products are used.

City Today News

(citytoday.media)

9341997936

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.