ISPA Releases the Q3 2022 Bedding Market Quarterly
This issue of the Bedding Market Quarterly
shows that for the 3rd
quarter Total Market units and wholesale dollars were down 17.6% and 16.4% respectively compared to 2021. The Total Market YTD shows units down 14.8% and wholesale dollars down 8.3% compared to 2021.
Turning to the 3rd quarter YTD total for US-produced mattresses and foundations, both unit shipments and wholesale dollars were down 25.7% and 13.1% respectively compared to the same period in 2021, while Q3 YTD average unit price increased by 16.9%.
The Bedding Market Quarterly reports U.S. sales activity (including Puerto Rico) based on data provided by 15 U.S. mattress producers. The participating companies accounted for 52.8% of the mattress units shipped and 71.4% of the wholesale market revenue for mattresses sold in 2021. The experience of these participants as a group does not necessarily reflect those of the entire mattress manufacturing industry. Furthermore, comparisons of Bedding Market Quarterly results for different time periods can be affected by a number of factors, including differences in the number of workdays and holiday promotions in a given quarter, weather conditions, etc.
Note that we have encountered data issues with motion foundation sales that we have not been able to resolve. For this reason, we have decided to discontinue reporting motion foundations for the present time.