India - Mattress Supports - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndia's Mattress Support Exports Drop by 42% to $39M in 2023
India Mattress Support Exports
After two years of growth, shipments abroad of mattress supports decreased by -38.9% to 522K units in 2023. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by 1,429% against the previous year. As a result, the exports attained the peak of 854K units, and then dropped dramatically in the following year.
In value terms, mattress support exports dropped dramatically to $39M (IndexBox estimates) in 2023. In general, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2022 when exports increased by 752% against the previous year. As a result, the exports attained the peak of $67M, and then shrank remarkably in the following year.
| COUNTRY | Export Value of Mattress Support in India (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 15.1 | 5.5 | 1.6 | 2.1 | 1.6 | 2.1 | 1.5 | 0.7 | 4.5 | 15.5 | 9.6 |
| France | 4.6 | 2.5 | 0.9 | 0.3 | 0.4 | 0.3 | 0.2 | 0.2 | 0.3 | 9.8 | 6.0 |
| Germany | 3.5 | 1.8 | 0.4 | 0.7 | 0.7 | 0.4 | 0.4 | 0.4 | 0.7 | 7.7 | 4.8 |
| Belgium | 0.7 | 1.1 | 0.1 | N/A | N/A | N/A | 0.1 | 0.1 | 0.1 | 5.0 | 3.1 |
| United Kingdom | 3.0 | 1.7 | 1.0 | 0.7 | 0.1 | 0.2 | 0.3 | 0.1 | 0.3 | 3.6 | 2.2 |
| Netherlands | 1.7 | 1.3 | 0.3 | 0.1 | 0.3 | 0.3 | 0.1 | 0.1 | 0.3 | 3.6 | 2.2 |
| Denmark | 0.8 | 0.4 | 0.1 | N/A | 0.1 | N/A | N/A | N/A | N/A | 3.2 | 2.0 |
| United Arab Emirates | 4.8 | 4.7 | N/A | 0.1 | 0.1 | 0.1 | N/A | N/A | 0.1 | 0.6 | 0.4 |
| Others | 10.7 | 7.4 | 3.3 | 2.8 | 2.7 | 2.1 | 1.3 | 0.9 | 1.7 | 18.5 | 9.1 |
| Total | 45.0 | 26.4 | 7.8 | 6.9 | 6.0 | 5.6 | 3.8 | 2.4 | 7.9 | 67.5 | 39.4 |
Exports by Country
France (115K units), the United States (85K units) and Germany (77K units) were the main destinations of mattress support exports from India, together accounting for 53% of total exports. Belgium, the Netherlands, Denmark, the UK and the United Arab Emirates lagged somewhat behind, together comprising a further 26%.
From 2013 to 2023, the biggest increases were recorded for Belgium (with a CAGR of +12.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($9.6M), France ($6M) and Germany ($4.8M) appeared to be the largest markets for mattress support exported from India worldwide, together comprising 52% of total exports. Belgium, the Netherlands, the UK, Denmark and the United Arab Emirates lagged somewhat behind, together accounting for a further 25%.
Belgium, with a CAGR of +15.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the mattress support price stood at $75 per unit (FOB, India), shrinking by -4.6% against the previous year. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. As a result, the export price reached the peak level of $142 per unit. From 2022 to 2023, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($119 per unit), while the average price for exports to France ($53 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the mattress support market in India. 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 31031100 - Mattress supports (including wooden or metal frames fitted with springs or steel wire mesh, upholstered mattress bases, w ith wooden slats, divans)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
