Singapore - Mattresses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMattress Price in Singapore - 2022
Contents:
- Mattress Price in Singapore (CIF) - 2022
- Mattress Price in Singapore (FOB) - 2022
- Mattress Imports in Singapore
- Mattress Exports in Singapore
Mattress Price in Singapore (CIF) - 2022
In 2022, the average mattress import price amounted to $100 per unit, dropping by -13.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. As a result, import price attained the peak level of $116 per unit, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($158 per unit), while the price for China ($66 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Mattress Price in Singapore (FOB) - 2022
In September 2022, the average mattress export price amounted to $128 per unit, with a decrease of -16.1% against the previous month. Overall, the export price, however, saw a prominent expansion. The pace of growth was the most pronounced in June 2022 an increase of 200% m-o-m. As a result, the export price attained the peak level of $348 per unit. From July 2022 to September 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was the United States ($144 per unit), while the average price for exports to Malaysia ($10.1 per unit) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Mattress Imports in Singapore
In 2022, approx. 692K units of mattresses were imported into Singapore; picking up by 36% on the previous year's figure. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mattress imports skyrocketed to $69M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Mattress in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.8 | 11.2 | 26.0 | 22.4 | 12.3% |
| Indonesia | 6.2 | 6.6 | 7.2 | 20.8 | 49.7% |
| Malaysia | 12.4 | 10.1 | 9.8 | 9.9 | -7.2% |
| Thailand | 3.2 | 2.8 | 3.9 | 4.1 | 8.6% |
| Denmark | 1.7 | 1.6 | 3.6 | 3.3 | 24.7% |
| Japan | 5.4 | 2.4 | 3.0 | 2.8 | -19.7% |
| Vietnam | 3.8 | 4.6 | 2.3 | 2.5 | -13.0% |
| Others | 3.5 | 2.7 | 3.3 | 3.1 | -4.0% |
| Total | 52.1 | 42.1 | 59.1 | 69.0 | 9.8% |
Top Suppliers of Mattress to Singapore in 2022:
- China (338.8K units)
- Indonesia (132.2K units)
- Malaysia (85.3K units)
- Thailand (34.3K units)
- Denmark (28.1K units)
- Vietnam (24.3K units)
- Japan (23.4K units)
Mattress Exports in Singapore
In 2022, the amount of mattresses exported from Singapore surged to 383K units, increasing by 89% on the previous year. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 964% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, mattress exports soared to $29M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 596% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Mattress in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 10.1 | 24.6 | 143.6% |
| Indonesia | 2.1 | 1.0 | 2.1 | 2.6 | 7.4% |
| Malaysia | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| Others | 0.8 | 0.5 | 0.7 | 0.8 | 0.0% |
| Total | 3.1 | 1.9 | 13.5 | 28.6 | 109.7% |
Top Export Markets for Mattress from Singapore in 2022:
- United States (335.6K units)
- Indonesia (29.6K units)
- Malaysia (7.1K units)
This report provides an in-depth analysis of the mattress market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
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This report provides an in-depth analysis of the mattress market in Singapore.
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The global mattress market is expected to reach $51.4 billion in 2030, growing with a CAGR of +3.0% from 2022 to 2030.
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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>
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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>
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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.
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The global mattress market is expected to reach $51.4 billion in 2030, growing with a CAGR of +3.0% from 2022 to 2030.
3267
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>
1040
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>
