The International Sleep Products Association reported that year-to-date, unit shipments and wholesale revenues used for its monthly Bedding Barometer have exceeded 2009 performance by 11.0% and 10.2%, respectively.
Likewise, for the month of May, alone, mattress and foundation units shipped and sales revenues for these companies increased by 10.4% and 10.0%, respectively, over May 2009 levels. Participating manufacturers operating in all regions of the United States reported improved shipment and revenue figures in May and for the year to-date.
“Experience shows that mattress sales are influenced strongly by trends in the national economy, especially by changes in consumers’ disposable income, sales of new and existing homes, and changes in consumers’ wealth,” noted ISPA President Ryan Trainer. “So far this year, the industry is performing significantly better than it did at this time in 2009, but we’re not out of the woods yet.
Unemployment remains high, consumer confidence fell in June, and many consumers and businesses are anxious about when and how quickly the economy will improve. Our current mattress industry forecast, which we issued in March 2010, projects that mattress units and sales will increase in 2010 by 4.5% and 7.5%, respectively, compared to 2009. As of May, we are set to meet or exceed those forecasts, but we still have more than half of the year.
The Bedding Barometer reports U.S. sales activit (including Puerto Rico) for 20 U.S. mattress producers. The participating companies accounted for nearly 64% of the mattress units shipped and nearly 73% of the wholesale market revenue for mattresses sold in 2009. The experience of these participants as a group does not necessarily reflect those of the entire mattress manufacturing industry. Furthermore, comparisons of Bedding Barometer 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 month, weather conditions and other variables.
ISPA compiles and publishes the most complete and accurate data available on the U.S. mattress industry. The statistics package includes monthly reports on mattress and foundation shipments, quarterly reports that highlight innerspring vs. non-innerspring mattress sales and shipment trends, a two-year forecast issued bi-annually, and an annual industry report that includes current and 20-year statistical data on U.S. unit shipments, wholesale dollars and AUP, as well as regional information, price point and mattress size data, information on imports and exports, data for mattress sales in 28 foreign countries, and more. ISPA also regularly conducts wage and cost surveys for the industry.
To subscribe to these exclusive reports, visit www.sleepproducts.org or contact Jane Oseth at 703-683-8371, extension 1130.
Established in 1915, the International Sleep Products Association (ISPA) is dedicated to protecting and enhancing the growth, profitability and stature of the mattress industry. As the industry’s trade organization, ISPA represents over 600 mattress manufacturers and suppliers ISPA provides a wide range of services that benefit its membership. These include exclusive industry surveys and statistics, advocacy support, educational offerings, the industry’s ISPA EXPO trade show, safety research through its Sleep Products Safety Council, consumer research and education through its Better Sleep Council, BedTimes and Sleep Savvy publications, the ISPAEarth™ Industry Sustainability Initiative, and more. To learn more, visit www.sleepproducts.org or contact email@example.com.