U.S.: Mattress Market Overview 2021

Mattress Market Size in the U.S.

The U.S. mattress market expanded slightly to $X in 2020, increasing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level in 2020 and is likely to see steady growth in the immediate term.

Mattress Production in the U.S.

In value terms, mattress production amounted to $X in 2020. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% against the previous year. Mattress production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Mattress Exports

Exports from the U.S.

In 2020, the amount of mattresses exported from the U.S. reduced modestly to X units, with a decrease of -X% against 2019. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, exports reached the peak of X units. from 2011 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, mattress exports stood at $X in 2020. Over the period under review, total exports indicated a tangible expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Canada (X units) was the main destination for mattress exports from the U.S., with a X% share of total exports. Moreover, mattress exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), sixfold. The third position in this ranking was occupied by South Korea (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and South Korea (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms 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

The average mattress export price stood at $X per unit in 2020, growing by X% against the previous year. Over the period under review, export price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was South Korea ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Mattress Imports

Imports into the U.S.

In 2020, the amount of mattresses imported into the U.S. soared to X units, picking up by X% against the previous year. Overall, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in years to come.

In value terms, mattress imports soared to $X in 2020. Over the period under review, imports saw a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

Indonesia (X units), Viet Nam (X units) and Malaysia (X units) were the main suppliers of mattress imports to the U.S., together accounting for X% of total imports. These countries were followed by Turkey, Mexico, Cambodia and Thailand, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cambodia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Viet Nam ($X) and Malaysia ($X) appeared to be the largest mattress suppliers to the U.S., together accounting for X% of total imports. Mexico, Thailand, Turkey and Cambodia lagged somewhat behind, together accounting for a further X the main suppliers, Cambodia (+X% per year) 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

In 2020, the average mattress import price amounted to $X per unit, declining by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per unit), while the price for Cambodia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mattresses in the world?

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The countries with the highest volumes of mattress consumption in 2020 were China (98M units), the U.S. (93M units) and Brazil (24M units), together comprising 39% of global consumption. These countries were followed by Indonesia, Pakistan, Nigeria, Bangladesh, Mexico, Kenya and Ethiopia, which together accounted for a further 16%.

What are the largest producers of mattresses in the world?

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The countries with the highest volumes of mattress production in 2020 were China (135M units), the U.S. (76M units) and Brazil (24M units), together accounting for 42% of global production. Indonesia, Pakistan, Nigeria, Mexico, Bangladesh, Poland and Kenya lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of mattresses to the U.S.?

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In value terms, Indonesia ($404M), Viet Nam ($378M) and Malaysia ($202M) appeared to be the largest mattress suppliers to the U.S., together accounting for 62% of total imports. These countries were followed by Mexico, Thailand, Turkey and Cambodia, which together accounted for a further 25%.

What are the leading importers of mattresses from the U.S.?

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In value terms, Canada ($130M) remains the key foreign market for mattress exports from the U.S., comprising 71% of total exports. The second position in the ranking was occupied by South Korea ($13M), with a 7.3% share of total exports. It was followed by Mexico, with a 4.7% share.

What is the average export price for mattresses in the U.S.?

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The average mattress export price stood at $123 per unit in 2020, with an increase of 5.3% against the previous year.

What is the average import price for mattresses in the U.S.?

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The average mattress import price stood at $92 per unit in 2020, dropping by -1.9% against the previous year.