The domestic bedding industry continues to struggle, an industry report says, while mattress imports remain on the upswing.
The second quarter report issued by the International Sleep Products Assn. presents a tale of two businesses, one in decline and the other soaring.
ISPA said that the dollar value of U.S.-assembled mattresses and stationary foundations dropped 3.5% in the second quarter, while units were down 7.9%. The average unit price was up 4.7%, to $258.15.
For the first six months of the year, the dollar value of U.S.-assembled mattresses and stationary foundations is down 3%, while units are down 8.6%. The average unit price increased 6.2%, to $256.87.
Those figures reflect the performance of producers who represent the majority of domestic bedding shipments.
Mattress imports, meanwhile, are growing rapidly, ISPA said.
For the January to May period, the customs value of imported mattresses grew 29.1%, while units were up 32.6%. The average unit price declined 2.6%, to $93.51.
Motion foundations sold in the U.S. through all channels year to date were up 45.7% in dollars, while units were up 57.7%. The average unit price was down 7.6%, to $349.50.