South America Mattress Market – Size, Outlook, Trends and Forecast (2024 – 2032)

The mattress is a considerable pad which supports the Horizontal position of the body and can be used as a part of the bed. The mattress is made up of natural materials, includes feathers and straw. Modern mattress mainly contains innerspring or material such as latex, elastic or other polyurethane-type foams. Mattress can additional filled up with air, water or natural materials known as futons. In past decades, people used to buy cotton or coir and then converted into the mattress. Thereby after diversity has changed and used with rubber and latex. This created pavement for industrialisation in the sleeping mattress.

South America Mattress Market Size & Growth:

The South America Mattress Market was valued at $XX billion in 2017 and is projected to reach $XX billion by 2025, growing at a CAGR of XX % in South America forecast period 2019 to 2025.

Drivers that influencing mattress market growth are International hotel chains display demand mattress which provides high comforts and sound sleep. Rising in disposable incomes helps to invest in a mattress market. The growth of the hospitality sector worldwide owes to an increase in market growth.

On the flip side, Scarce availability of raw materials for mattresses which leads to an increase in the price of premium products. Consumers are much interested in the focus on sleep quality growing regularly.

South America Mattress Market Share:

The South America mattress market is segmented regarding product type, size, and region. Depending upon product type, memory foam, innerspring, hybrid, latex mattresses, gel-filled mattress, water-filled mattress, and air-filled mattress are the segments into which the mattress market is divided. On all of them, innerspring holds clear dominance is going forward; the segment is likely to stay dominant holding 77.3% of the overall market by 2024. Increasing incidence of back disorders that are related to uncomfortable sleeping surfaces is the key factor behind the growth of innerspring mattress segment. The rising number of wealthy consumers in developing economies is also strengthening demand.

Concerning size, twin, twin XL, queen, double size, and king size are the segments into which the mattress market is divided. Among them, the queen size mattress displays the leading demand accounting for the leading revenue generation to the overall market. Queen size mattress is best suited for apartments, which are most popular in metropolitan areas of large cities. On the other hand, full or double size segment is projected to witness moderate demand through 2024. However, the twin XL segment is predicted to expand at a significant CAGR to hold 5.8% of the overall market by 2024.

By application, the growth of the hospitality sector across the globe is also owing to boost the growth of the mattress market. International hotel chains especially show interest in the demand for high quality of mattress that helps in excellent comfort and sound sleep.

By geography, South America market is classified into Brazil and Argentina. Brazil has the most significant market share due to consumers are owing to experience high comforts in sleep. Whereas hotels have a high demand for the mattress. According to mattress market overview, the market share of unorganised players is expected to drop drastically in the coming years in the global forecast period 2019-2025.

Major players operating the mattress market include vital companies currently operating in the South America mattress market include Tempur-Pedic International Inc, Serta Inc., Simmons Bedding Company LLC, Spring Air Company, Select Comfort, Kingsdown Inc., Southerland Bedding Co., Sealy Corporation, KING KOIL Inc., and Paramount Bed Holdings Co. Ltd.

South America Mattress Market Trends:

• June 2017 – Paramount Bed Asia Pacific Pte., Ltd. celebrated the beginning of a partnership with variance trading at the Edsa Shangri-La Hotel in Manila.
• May 2018 – Century mattress launces signature collection.

South America Mattress Market Research Report:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
• Regional and South America diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering the market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the major market players, such as
  • Paramount bed holdings co. Ltd
  • King Koil inc
  • Kingsdown inc
  • Southerland bedding co
  • Sealy Corporation

Along with these companies, there were many other companies considered/ cited in the report while analysing the mattress market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.