U.S. Mattress Imports Skyrocket to Over $1.6B, Rising Fivefold in Past Decade

IndexBox has just published a new report: 'U.S. - Mattresses - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The leading importer in the global mattress market, the U.S. ramped up foreign purchases from $295M to $1.6B over the past decade. Indonesia, Vietnam and Malaysia constitute the major suppliers of mattresses to the U.S.

The U.S.,the leading importer in the global mattress market, continues to boost purchases abroad. Over the last decade, mattress supplies to the U.S. skyrocketed from $295M in 2010 to $1.6B in 2020. In physical terms, imports grew from 3.7M units to 17.5M units during that period.

U.S. Mattress Imports by Country

Indonesia (4.1M units), Vietnam (3.9M units), and Malaysia (2M units) were the leading suppliers of mattress imports to the U.S., with a combined 57% share of total imports in 2020. Turkey, Mexico, Cambodia and Thailand lagged somewhat behind, accounting for a further 29%.

In value terms, the most prominent mattress suppliers to the U.S. were Indonesia ($404M), Vietnam ($378M) and Malaysia ($202M), together comprising 62% of total supplies. These countries were followed by Mexico, Thailand, Turkey and Cambodia, which accounted for a further 25%.

During the past decade, Vietnam saw the highest growth rate of the export value, doubling the supplies to the U.S. every year. American imports from other countries experienced more modest paces of growth.

The average mattress import price stood at $91 per unit in 2020, dropping by -3.2% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Thailand ($102 per unit), while the price for Cambodia ($52 per unit) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform