Japan: Market for Mattresses other than of cellular rubber or plastics 2024

Market Size for Mattresses other than of cellular rubber or plastics in Japan

In 2022, the Japanese market for mattresses other than of cellular rubber or plastics was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Japan

Exports of mattresses other than of cellular rubber or plastics from Japan shrank to X units in 2022, dropping by -13.8% against the previous year. Overall, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 68% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of mattresses other than of cellular rubber or plastics declined notably to $X in 2022. In general, total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.2% against 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by 23%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units), Taiwan (Chinese) (X units) and Singapore (X units) were the main destinations of exports of mattresses other than of cellular rubber or plastics from Japan, with a combined 81% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Singapore ($X) were the largest markets for mattresses other than of cellular rubber or plastics exported from Japan worldwide, together comprising 80% of total exports.

In terms of the main countries of destination, China, with a CAGR of +13.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, shrinking by -4.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when the average export price increased by 37%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($X per unit) and China ($X per unit), while the average price for exports to Singapore ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-0.6%), while the prices for the other major destinations experienced a decline.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Japan

After two years of decline, overseas purchases of mattresses other than of cellular rubber or plastics increased by 1.5% to X units in 2022. In general, imports saw prominent growth. The pace of growth was the most pronounced in 2014 with an increase of 53% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of mattresses other than of cellular rubber or plastics expanded remarkably to $X in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Vietnam (X units), China (X units) and the United States (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to Japan, together comprising 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +45.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest mattresses other than of cellular rubber or plastics suppliers to Japan were Vietnam ($X), China ($X) and the United States ($X), with a combined 98% share of total imports.

Among the main suppliers, Vietnam, with a CAGR of +46.0%, 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 mixed trend patterns.

Import Prices by Country

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, with an increase of 3.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 41% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Malaysia ($X per unit), while the price for China ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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