U.S.: Market for Mattresses other than of cellular rubber or plastics 2024

Market Size for Mattresses other than of cellular rubber or plastics in the U.S.

For the third year in a row, the U.S. market for mattresses other than of cellular rubber or plastics recorded growth in sales value, which increased by 22% to $X in 2022. Over the period under review, consumption recorded a resilient increase. Consumption of peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Mattresses other than of cellular rubber or plastics

Exports from the U.S.

In 2022, exports of mattresses other than of cellular rubber or plastics from the United States contracted to X units, falling by -5.4% on the previous year's figure. Over the period under review, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +0.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 29% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of mattresses other than of cellular rubber or plastics reached $X in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of 24% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from the United States, with a 69% share of total exports. Moreover, exports of mattresses other than of cellular rubber or plastics to Canada exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold. The third position in this ranking was taken by South Korea (X units), with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+4.0% per year) and South Korea (+28.7% per year).

In value terms, Canada ($X) remains the key foreign market for mattresses other than of cellular rubber or plastics exports from the United States, comprising 70% of total exports. The second position in the ranking was taken by South Korea ($X), with a 5% share of total exports. It was followed by Mexico, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+24.8% per year) and Mexico (+4.0% per year).

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, increasing by 10% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($X per unit) and Canada ($X per unit), while the average price for exports to Mexico ($X per unit) and South Korea ($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 Australia (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mattresses other than of cellular rubber or plastics

Imports into the U.S.

In 2022, approx. X units of mattresses other than of cellular rubber or plastics were imported into the United States; picking up by 8.4% compared with the year before. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 25%. Over the period under review, imports of reached the maximum at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of mattresses other than of cellular rubber or plastics soared to $X in 2022. In general, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Mexico (X units), Indonesia (X units) and Taiwan (Chinese) (X units) were the main suppliers of imports of mattresses other than of cellular rubber or plastics to the United States, together comprising 61% of total imports. Kosovo, Turkey, Vietnam, India, Canada, Cambodia, China and Malaysia lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +151.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Mexico ($X) and Taiwan (Chinese) ($X) appeared to be the largest mattresses other than of cellular rubber or plastics suppliers to the United States, with a combined 68% share of total imports. Kosovo, Turkey, Vietnam, India, Canada, China, Cambodia and Malaysia lagged somewhat behind, together accounting for a further 19%.

Kosovo, with a CAGR of +130.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for mattresses other than of cellular rubber or plastics amounted to $X per unit, rising by 8% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2021 an increase of 19%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kosovo (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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