U.S.: Mattress Support Market 2024

Mattress Support Market Size in the U.S.

The U.S. mattress support market totaled $X in 2021, leveling off at the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by 9.4%. Mattress support consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Mattress Support Production in the U.S.

In value terms, mattress support production expanded slightly to $X in 2021. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 4.9% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Mattress Support Exports

Exports from the U.S.

In 2021, shipments abroad of mattress supports decreased by -24% to X units, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 111%. Over the period under review, the exports reached the peak figure 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. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 36%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for mattress support exports from the United States, accounting for a 42% share of total exports. Moreover, mattress support exports to Canada exceeded the volume sent to the second major destination, South Korea (X units), fourfold. Japan (X units) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled -13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+10.5% per year) and Japan (-7.2% per year).

In value terms, Canada ($X) remains the key foreign market for mattress supports exports from the United States, comprising 43% of total exports. The second position in the ranking was held by South Korea ($X), with a 15% share of total exports. It was followed by Japan, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+31.1% per year) and Japan (+6.0% per year).

Export Prices by Country

The average mattress support export price stood at $X per unit in 2021, increasing by 52% against the previous year. In general, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 124%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Mattress Support Imports

Imports into the U.S.

In 2021, overseas purchases of mattress supports decreased by -22.6% to X units, falling for the second consecutive year after five years of growth. In general, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2016 with an increase of 98% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, mattress support imports shrank sharply to $X in 2021. Overall, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2015 when imports increased by 61%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Turkey (X units) and Malaysia (X units) were the main suppliers of mattress support imports to the United States, with a combined 66% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +145.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mattress support suppliers to the United States were China ($X), Turkey ($X) and the UK ($X), with a combined 57% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +121.1%, 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 more modest paces of growth.

Import Prices by Country

The average mattress support import price stood at $X per unit in 2021, flattening at the previous year. Overall, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2017 an increase of 4.2%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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