China - Mattresses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMattress Price in China - 2023
Contents:
- Mattress Price in China (FOB) - 2023
- Mattress Price in China (CIF) - 2022
- Mattress Exports in China
- Mattress Imports in China
Mattress Price in China (FOB) - 2023
In September 2023, the average mattress export price amounted to $14.9 per unit, with an increase of 7.8% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 84% month-to-month. Over the period under review, the average export prices attained the peak figure at $16.0 per unit in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was South Korea ($37.9 per unit), while the average price for exports to Vietnam ($5.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Mattress Price in China (CIF) - 2022
In 2022, the average mattress import price amounted to $77 per unit, rising by 8.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 38%. Over the period under review, average import prices attained the maximum at $116 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($185 per unit), while the price for South Korea ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Mattress Exports in China
In 2022, approx. 112M units of mattresses were exported from China; surging by 24% against 2021. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, mattress exports declined to $1.1B in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $1.1B, and then shrank in the following year.
Export of Mattress in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 313 | 162 | 189 | 202 | -13.6% |
Japan | 162 | 176 | 199 | 200 | 7.3% |
Australia | 68.3 | 75.5 | 73.0 | 94.1 | 11.3% |
South Korea | 50.4 | 63.2 | 88.7 | 70.2 | 11.7% |
United Kingdom | 44.5 | 48.4 | 50.6 | 46.1 | 1.2% |
Germany | 28.8 | 44.1 | 66.4 | 35.2 | 6.9% |
Vietnam | 32.3 | 30.4 | 36.7 | 31.8 | -0.5% |
Malaysia | 33.1 | 20.6 | 27.4 | 29.7 | -3.5% |
Canada | 50.2 | 52.3 | 57.7 | 27.4 | -18.3% |
Netherlands | 10.8 | 13.1 | 17.2 | 14.5 | 10.3% |
Others | 285 | 261 | 316 | 307 | 2.5% |
Total | 1,079 | 947 | 1,122 | 1,058 | -0.7% |
Top Export Markets for Mattress from China in 2022:
- United States (54.5M units)
- Japan (16.7M units)
- United Kingdom (6.0M units)
- Germany (4.8M units)
- Vietnam (3.3M units)
- Australia (3.2M units)
- South Korea (3.2M units)
- Canada (2.9M units)
- Malaysia (2.2M units)
- Netherlands (1.7M units)
Mattress Imports in China
In 2022, approx. 606K units of mattresses were imported into China; falling by -25% against the previous year. Overall, imports continue to indicate a abrupt setback. The smallest decline of -4.3% was in 2021. Imports peaked at 1.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, mattress imports shrank significantly to $47M in 2022. Over the period under review, imports saw a abrupt contraction. The smallest decline of -5.3% was in 2021. Imports peaked at $86M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Mattress in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 46.7 | 30.6 | 25.2 | 23.7 | -20.2% |
Italy | 6.1 | 3.5 | 5.0 | 3.2 | -19.3% |
Vietnam | 9.2 | 5.3 | 3.4 | 3.2 | -29.7% |
Malaysia | 3.6 | 3.2 | 3.1 | 1.7 | -22.1% |
Sri Lanka | 2.7 | 2.3 | 2.9 | 1.1 | -25.9% |
United Kingdom | 0.8 | 1.1 | 0.9 | 1.0 | 7.7% |
Nepal | 0.8 | 1.1 | 2.0 | 0.8 | 0.0% |
Japan | 0.8 | 0.5 | 0.9 | 0.7 | -4.4% |
Others | 15.7 | 13.1 | 14.0 | 11.1 | -10.9% |
Total | 86.4 | 60.6 | 57.4 | 46.7 | -18.5% |
Top Suppliers of Mattress to China in 2022:
- Thailand (336.8K units)
- Vietnam (61.2K units)
- Nepal (39.3K units)
- Malaysia (30.4K units)
- Sri Lanka (25.7K units)
- Japan (17.6K units)
- Italy (17.2K units)
- United Kingdom (11.6K units)
This report provides an in-depth analysis of the mattress market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 31031230 - Mattresses of cellular rubber (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
- Prodcom 31031250 - Mattresses of cellular plastics (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
- Prodcom 31031270 - Mattresses with spring interiors (excluding of cellular rubber or plastics)
- Prodcom 31031290 - Mattresses (excluding with spring interiors, of cellular rubber or plastics)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the mattress market in China.
This report provides an in-depth analysis of the mattress support market in China.
This report provides an in-depth analysis of the cellular rubber mattress market in China.
This report provides an in-depth analysis of the spring interior mattress market in China.
This report provides an in-depth analysis of the sleeping bag market in China.
This report provides an in-depth analysis of the market for mattresses of cellular rubber or plastics in China.
This report provides an in-depth analysis of the market for mattresses other than of cellular rubber or plastics in China.
This report provides an in-depth analysis of the market for bedding and furnishing article in China.
This report provides an in-depth analysis of the global mattress market.
This report provides an in-depth analysis of the global mattress support market.
From January 2023 until September 2023, the exports of Mattress failed to regain momentum. In terms of value, mattress exports showed significant growth, reaching $93M in September 2023.
In 2023, Mattress Support exports reached record highs and are expected to continue growing steadily in the coming years, with exports valuing at $1B.
In February 2023, the mattress support price dropped by 13% to $72.3 per unit (FOB, China) when compared to the month prior.
In value terms, sleeping bag exports dropped to $36M in April 2023.
Explore the top import markets for mattresses in the world and discover key statistics and import values. Find out which countries lead the global market and why. Gain insights on market trends and dynamics using the IndexBox market intelligence platform.
The global mattress market is expected to reach $51.4 billion in 2030, growing with a CAGR of +3.0% from 2022 to 2030.
In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global mattress imports totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
With hundreds of new devices launched annually, new gadgets do not evoke nearly as much consumer excitement as in previous years. At the same time, some commodities are often left out of the technological frenzy, managing to preserve their traditional
Explore the top import markets for mattresses made of cellular rubber or plastics, including key statistics and market trends. Discover the leading countries and their import values according to IndexBox market intelligence platform.