Switzerland: Mattress Market 2024

Mattress Market Size in Switzerland

In 2022, after two years of growth, there was significant decline in the Swiss mattress market, when its value decreased by -11.6% to $X. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +44.0% against 2019 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Mattress Production in Switzerland

In value terms, mattress production reduced to $X in 2022 estimated in export price. Overall, production, however, saw mild growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 23% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Mattress Exports

Exports from Switzerland

In 2022, shipments abroad of mattresses was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by 30% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, mattress exports reduced dramatically to $X in 2022. In general, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), France (X units) and the Netherlands (X units) were the main destinations of mattress exports from Switzerland, together accounting for 68% of total exports. Belgium, China, Spain, Austria, Italy, Luxembourg and Japan lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +3.5%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the largest markets for mattress exported from Switzerland worldwide, with a combined 67% share of total exports. Belgium, China, Spain, Austria, Luxembourg, Italy and Japan lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, China, with a CAGR of +2.7%, 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 mixed trend patterns.

Export Prices by Country

In 2022, the average mattress export price amounted to $X per unit, reducing by -16.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 62% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced dramatically in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Japan ($X per unit) and Belgium ($X per unit), while the average price for exports to Italy ($X per unit) and Germany ($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 Japan (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Mattress Imports

Imports into Switzerland

After two years of growth, purchases abroad of mattresses decreased by -14.6% to X units in 2022. Overall, imports, however, recorded a tangible increase. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, mattress imports contracted to $X in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest mattress supplier to Switzerland, with a 39% share of total imports. Moreover, mattress imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. Austria (X units) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.3% per year) and Austria (+9.0% per year).

In value terms, Germany ($X) constituted the largest supplier of mattresses to Switzerland, comprising 39% of total imports. The second position in the ranking was held by Poland ($X), with a 16% share of total imports. It was followed by Austria, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.4% per year) and Austria (+9.2% per year).

Import Prices by Country

The average mattress import price stood at $X per unit in 2022, with an increase of 4.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($X per unit) and Austria ($X per unit), while the price for Poland ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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