U.S.: Mattress Market 2022

Mattress Market Size in the U.S.

In 2021, the U.S. mattress market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020, and then dropped in the following year.

Mattress Production in the U.S.

In value terms, mattress production stood at $X in 2021. Overall, production, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Mattress Exports

Exports from the U.S.

In 2021, the amount of mattresses exported from the United States amounted to X units, with an increase of X% against 2020. In general, total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, mattress exports soared to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X units) was the main destination for mattress exports from the United States, accounting for a X% share of total exports. Moreover, mattress exports to Canada exceeded the volume sent to the second major destination, South Korea (X units), more than tenfold. The third position in this ranking was held by Mexico (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Mexico (+X% per year).

In value terms, Canada ($X) remains the key foreign market for mattress exports from the United States, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Mexico (+X% per year).

Export Prices by Country

In 2021, the average mattress export price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were South Korea ($X per unit) and Canada ($X per unit), while the average price for exports to France ($X per unit) and Mexico ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%), while the prices for the other major destinations experienced a decline.

Mattress Imports

Imports into the U.S.

After nine years of growth, purchases abroad of mattresses decreased by -X% to X units in 2021. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2020, and then declined significantly in the following year.

In value terms, mattress imports reduced to $X in 2021. Overall, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2020, and then dropped in the following year.

Imports by Country

Indonesia (X units), Mexico (X units) and Taiwan (Chinese) (X units) were the main suppliers of mattress imports to the United States, with a combined X% share of total imports. Kosovo, Turkey, India, Vietnam, Bulgaria, Canada, Spain, the Philippines, Poland and Italy lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Kosovo (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mattress suppliers to the United States were Indonesia ($X), Mexico ($X) and Taiwan (Chinese) ($X), together accounting for X% of total imports. Kosovo, Spain, Canada, Vietnam, Turkey, Bulgaria, Italy, the Philippines, India and Poland lagged somewhat behind, together accounting for a further X terms of the main suppliers, Kosovo, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mattress import price stood at $X per unit in 2021, rising by X% against the previous year. Overall, the import price, however, showed a mild decrease. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :