The U.S. mattress industry is projected to enjoy healthy increases in both units shipped and the value of those shipments for the next two years, according to a new forecast from the International Sleep Products Association.
The forecast, released in March, projects that the number of mattresses and foundations shipped will rise by 3.5% and the wholesale dollar value of those shipments will increase 7.2% in 2012 over 2011 figures. The average unit selling price is expected to rise 3.7%.
In 2013, unit shipments are forecast to increase 3.4%, with dollar values rising 6.6% and the AUSP growing 3.2%.
Both unit shipments and wholesale dollar values suffered deep declines in 2008 and 2009, but rebounded into positive territory in 2010. However, the industry still is feeling the effects of the Great Recession.
“The 2012 value of mattress shipments is forecast to reach the industry’s 2007 levels, but the units shipped in 2013 will remain well below 2000 levels,” the forecast says.
According to ISPA’s December Bedding Barometer, unit shipments for 2011 were up 2.1% and the dollar value of shipments increased 10.1%. The AUSP increased 7.8% in 2011 when compared with 2010, marking the end of two consecutive annual declines in unit AUSP. ISPA will release final statistics for 2011 as part of its annual report later this year.
The forecast for the U.S. bedding industry generally is issued twice a year and is produced by ISPA’s Forecast Panel using an econometric model of the mattress industry linked with the larger home furnishings market and national economy. For more information about the forecasting process, check www.sleepproducts.org and click on “Industry Statistics.”
The spring forecast for the U.S. bedding industry is one of several statistical reports available at no charge to members of the International Sleep Products Association. For more information on ISPA membership, check www.sleepproducts.org or contact Jane Oseth, member services manager, at [email protected] or 703-683-8371.