Report Update Nov 1, 2024

Vietnam - Mattresses; of other materials, not cellular rubber or plastics - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Market for Mattresses other than of cellular rubber or plastics 2024

Market Size for Mattresses other than of cellular rubber or plastics in Vietnam

The Vietnamese market for mattresses other than of cellular rubber or plastics fell to $X in 2022, leveling off at the previous year. Overall, consumption showed a pronounced setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Mattresses other than of cellular rubber or plastics in Vietnam

In value terms, production of mattresses other than of cellular rubber or plastics totaled $X in 2022 estimated in export price. Overall, production, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by 39%. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a lower figure.

Exports of Mattresses other than of cellular rubber or plastics

Exports from Vietnam

In 2022, shipments abroad of mattresses other than of cellular rubber or plastics was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 244% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of mattresses other than of cellular rubber or plastics expanded significantly to $X in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 141%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X units) was the main destination for exports of mattresses other than of cellular rubber or plastics from Vietnam, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Myanmar stood at +143.3%.

In value terms, Myanmar ($X) emerged as the key foreign market for mattresses other than of cellular rubber or plastics exports from Vietnam.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar amounted to +126.8%.

Export Prices by Country

In 2022, the average export price for mattresses other than of cellular rubber or plastics amounted to $X per unit, which is down by -56.5% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 59%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -4.4% per year.

Imports of Mattresses other than of cellular rubber or plastics

Imports into Vietnam

In 2022, after eight years of growth, there was significant decline in supplies from abroad of mattresses other than of cellular rubber or plastics, when their volume decreased by -12.4% to X units. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 136%. Over the period under review, imports of attained the maximum at X units in 2021, and then contracted in the following year.

In value terms, imports of mattresses other than of cellular rubber or plastics fell to $X in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2019 when imports increased by 101%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) was the main mattresses other than of cellular rubber or plastics supplier to Vietnam, accounting for a 97% share of total imports. It was followed by South Korea (X units), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +30.7%.

In value terms, China ($X) constituted the largest supplier of mattresses other than of cellular rubber or plastics to Vietnam, comprising 83% of total imports. The second position in the ranking was held by South Korea ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +24.9%.

Import Prices by Country

The average import price for mattresses other than of cellular rubber or plastics stood at $X per unit in 2022, declining by -1.9% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 85% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mattresses; of other materials, not cellular rubber or plastics in the world?

China constituted the country with the largest volume of consumption of mattresses; of other materials, not cellular rubber or plastics, accounting for 34% of total volume. Moreover, consumption of mattresses; of other materials, not cellular rubber or plastics in China exceeded the figures recorded by the second-largest consumer, the U.S., fourfold. Japan ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of mattresses; of other materials, not cellular rubber or plastics in the world?

China remains the largest mattresses; of other materials, not cellular rubber or plastics producing country worldwide, accounting for 48% of total volume. Moreover, production of mattresses; of other materials, not cellular rubber or plastics in China exceeded the figures recorded by the second-largest producer, Poland, fourfold. The third position in this ranking was occupied by Vietnam, with a 5.2% share.

What are the leading suppliers of mattresses; of other materials, not cellular rubber or plastics to Vietnam?

In value terms, South Korea constituted the largest supplier of mattresses; of other materials, not cellular rubber or plastics to Vietnam, comprising 52% of total imports. The second position in the ranking was occupied by Thailand, with a 13% share of total imports. It was followed by Indonesia, with a 12% share.

What are the leading importers of mattresses; of other materials, not cellular rubber or plastics from Vietnam?

In value terms, Japan remains the key foreign market for mattresses; of other materials, not cellular rubber or plastics exports from Vietnam, comprising 65% of total exports. The second position in the ranking was occupied by the U.S., with a 28% share of total exports.

What is the average export price for mattresses; of other materials, not cellular rubber or plastics in Vietnam?

The average export price for mattresses; of other materials, not cellular rubber or plastics stood at $38 per unit in 2020, increasing by 5.4% against the previous year.

What is the average import price for mattresses; of other materials, not cellular rubber or plastics in Vietnam?

The average import price for mattresses; of other materials, not cellular rubber or plastics stood at $219 per unit in 2020, growing by 44% against the previous year.

This report provides an in-depth analysis of the market for mattresses other than of cellular rubber or plastics in Vietnam. 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:

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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:

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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