Latin America Mattress Market Size & Outlook, -
Latin America mattress market, - ()
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Latin America mattress market highlights
- The Latin America mattress market generated a revenue of USD 3,608.5 million in 2022.
- The market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, foam was the largest revenue generating product in 2022.
- Hybrid is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 3,608.5 million |
| Market revenue in 2030 | USD 4,855.6 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Foam |
| Fastest growing segment | Hybrid |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Innerspring, Foam, Hybrid, Latex |
| Key market players worldwide | Tempur Sealy International Inc, Serta Simmons Bedding LLC, Sleep Number Corp, Sleep Country Canada Holdings Inc, Bollinger Industries Inc, Spring Air International, Southerland Sleep, Boll & Branch |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global mattress market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 35,555.7 million by 2030.
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Mattress Market Scope
Mattress Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America mattress market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mattress market will help companies and investors design strategic landscapes.
Foam was the largest segment with a revenue share of 36.82% in . Horizon Databook has segmented the Latin America mattress market based on innerspring, foam, hybrid, latex covering the revenue growth of each sub-segment from to .
Continuous expansion in residential projects is expected to drive the adoption of home bedding products such as mattresses. Furthermore, increasing healthcare facilities across the region drive the demand for mattresses.
In addition, significant growth in the real estate sector, driven by increasing construction activities, drives the growth in demand for home furnishing products such as bedding products in the residential segment.
Increasing popularity of innerspring mattresses in the region, particularly mattresses with pocketed coils and micro-coils, further drives the segment growth. Moreover, hybrid mattresses are also gaining popularity as they combine layers of memory foam or latex for added comfort.
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Target buyers of Latin America mattress market databook
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Our clientele includes a mix of mattress market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mattress market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mattress market from to , including revenue numbers, major trends, and company profiles.
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Latin America mattress market
Latin America Mattress Market Outlook Share, & (US$M)
Latin America mattress market
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