Northern America: Mattress Support Market 2024

Mattress Support Market Size in Northern America

The North American mattress support market totaled $X in 2021, approximately equating the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the market value increased by 9.3% against the previous year. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Mattress Support Production in Northern America

In value terms, mattress support production expanded to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 4.9%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Mattress Support Exports

Exports in Northern America

In 2021, shipments abroad of mattress supports decreased by -14.8% to X units, falling for the third year in a row after two years of growth. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 93% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, mattress support exports skyrocketed to $X in 2021. Overall, exports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2014 with an increase of 27%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United States was the key exporting country with an export of around X units, which accounted for 69% of total exports. It was distantly followed by Canada (X units), creating a 31% share of total exports.

Exports from the United States decreased at an average annual rate of -13.4% from 2012 to 2021. Canada (-3.3%) illustrated a downward trend over the same period. While the share of Canada (+17 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-16.7 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest mattress support supplier in Northern America, comprising 88% of total exports. The second position in the ranking was taken by Canada ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, with an increase of 36% against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 96%. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.5%).

Mattress Support Imports

Imports in Northern America

In 2021, supplies from abroad of mattress supports decreased by -19.6% to X units, falling for the second consecutive year after five years of growth. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 59% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, mattress support imports dropped significantly to $X in 2021. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2015 with an increase of 37% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States represented the major importing country with an import of around X units, which resulted at 87% of total imports. It was distantly followed by Canada (X units), constituting a 13% share of total imports.

The United States was also the fastest-growing in terms of the mattress supports imports, with a CAGR of +15.9% from 2012 to 2021. Canada (-1.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +26 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported mattress supports in Northern America, comprising 81% of total imports. The second position in the ranking was taken by Canada ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +8.8%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, growing by 3.1% against the previous year. In general, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2017 when the import price increased by 3.3%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-2.0%).

Source: IndexBox Platform

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