Mattress Manufacturing in the US - Industry Market Research Report

Mattress Manufacturing in the US - Industry Market Research Report

Mattress Manufacturing in the US

The Mattress Manufacturing industry has had favorable operating conditions over the past five years, increasing demand for the industry. Mattress sales, like other household goods, often increase along with growth in residential real estate markets and per capita disposable income. For example, the housing market surged in 2021, coinciding with a large increase in industry revenue that year. International trade also effects industry demand. The highest point of import penetration occurred in 2020 amid the pandemic. Imports satisfied 20.6% of domestic demand, which greatly reduced industry demand in that year. However, in 2021, as consumer spending rose, imports declined and the housing market boomed, the industry was able to recover from the decline in 2020. Because of this, industry revenue will grow at a CAGR of 1.3% to $8.4 billion over the next five years, including a 2.3% increase in 2023. Profit declined over the past five years because of increases in the prices of key inputs.

The Mattress Manufacturing industry produces mattresses and bases for retailers, wholesalers, hospitals, hotels and the export markets. The industry produces innerspring, box spring and mattresses without inner springs, which include waterbeds and beds made from foam, rubber and latex.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.