ISPA sees 2% dollar growth for domestic producers in 2020

Time：2019-12-11 16:05:35    Share：

U.S. bedding producers will see 2.0% dollar growth next year, according to a new forecast issued by the International Sleep Products Assn.

The forecast also takes a look at business prospects in 2021.

Dollars for U.S.-produced shipments are expected to increase 2.0% in 2020 and 2.5% in 2021, while the dollar value of the total mattress market is forecast to increase 3.5% in 2020 and 3.0% in 2021.

Units for U.S.-produced shipments are forecast to be flat in 2020 and to grow 1.5% in 2021, while the unit value of the total mattress market is expected to increase 2.5% in 2020 and 1.5% in 2021, the ISPA forecast says.

“Going forward, total mattress demand in the U.S. is forecast to increase, as the tight labor market keeps pushing wages and disposable incomes up, and the housing market recovers from the recent setbacks in both housing starts and housing resales,” ISPA wrote in its forecast report.