Report Update Nov 1, 2024

Puerto Rico - Mattresses - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Mattress Market 2024

Mattress Market Size in Puerto Rico

The Puerto Rican mattress market reduced to $X in 2021, which is down by -10.8% against the previous year. In general, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.6% against 2017 indices. Puerto Rico consumption peaked at $X in 2020, and then reduced in the following year.

Mattress Production in Puerto Rico

In value terms, mattress production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +55.4% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of 51%. Puerto Rico production peaked at $X in 2020, and then reduced in the following year.

Mattress Exports

Exports by Country

China represented the main exporting country with an export of about X units, which reached 48% of total exports. It was distantly followed by Poland (X units), making up a 12% share of total exports. The following exporters - the Netherlands (X units), Portugal (X units), Romania (X units), Spain (X units), Italy (X units), Belgium (X units), Mexico (X units), Bulgaria (X units), Indonesia (X units), Germany (X units) and South Africa (X units) - together made up 24% of total exports.

From 2012 to 2021, average annual rates of growth with regard to mattress exports from China stood at +2.6%. At the same time, Romania (+41.4%), Bulgaria (+38.4%), Indonesia (+29.3%), Spain (+21.1%), the Netherlands (+12.9%), Poland (+7.5%), Germany (+4.3%), Belgium (+4.1%), Portugal (+4.1%) and Italy (+2.1%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of +41.4% from 2012-2021. By contrast, Mexico (-2.5%) and South Africa (-23.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Poland, Romania, the Netherlands, Spain and Bulgaria increased by +3.5, +2.7, +1.9, +1.8 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest mattress supplying countries from Puerto Rico were China ($X), Poland ($X) and Indonesia ($X), with a combined 36% share of total exports.

Indonesia, with a CAGR of +41.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Mattress Imports

Imports by Country

The United States (X units), Germany (X units), France (X units) and the Netherlands (X units) represented roughly 40% of total imports in 2021. The following importers - Spain (X units), South Korea (X units), South Africa (X units), Japan (X units), Italy (X units), Sweden (X units), Denmark (X units), Belgium (X units) and Canada (X units) - together made up 26% of total imports.

From 2012 to 2021, the biggest increases were in Belgium (with a CAGR of +19.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported mattresses into Puerto Rico, comprising 21% of global imports. The second position in the ranking was taken by Germany ($X), with an 8.9% share of global imports. It was followed by France, with a 6.5% share.

In the United States, mattress imports increased at an average annual rate of +13.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.2% per year) and France (+5.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mattresses in the world?

The countries with the highest volumes of in 2021 were the United States, China and South Africa, together comprising 31% of global consumption. Brazil, Nigeria, Pakistan, Indonesia, Bangladesh, Germany, France, Ethiopia, Mexico and Kenya lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of mattresses in the world?

China constituted the country with the largest volume of mattress production, comprising approx. 24% of total volume. Moreover, mattress production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Indonesia ranked third in terms of total production with a 4% share.

What are the leading suppliers of mattresses to Puerto Rico?

In value terms, the United States constitutes the largest market for imported mattresses into Puerto Rico, comprising 23% of global imports. The second position in the ranking was occupied by Germany, with an 8.3% share of global imports. It was followed by France, with a 6.4% share.

What are the leading importers of mattresses from Puerto Rico?

In value terms, China, Poland and Indonesia constituted the countries with the highest levels of exports in 2021, together accounting for 37% of total exports.

What is the average export price for mattresses in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, standing approx. at the previous year.

What is the average import price for mattresses in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per thousand units in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the mattress market in Puerto Rico. 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 31031230 - Mattresses of cellular rubber (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
Prodcom 31031250 - Mattresses of cellular plastics (including with a metal frame) (excluding water-mattresses, pneumatic mattresses)
Prodcom 31031270 - Mattresses with spring interiors (excluding of cellular rubber or plastics)
Prodcom 31031290 - Mattresses (excluding with spring interiors, of cellular rubber or plastics)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023