Market Size of Brazil Mattress Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 8.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Brazil Mattress Market Analysis
Brazil is one of the emerging economies in Latin America. With the slowdown of the world and economic growth, the mattress production has also suffered a certain impact but is poised to remain optimistic growth. The mattress in a box model is becoming popular in the Brazilian market due to decreasing freight costs and operations in the market. The production of mattresses grew and in the year 2018, the furniture and mattress sector produced BRL 67.4 billion, which is equivalent to 2.7% of the total value from the manufacturing industry.
According to a study, 80% of the Brazilians have some kind of problem at bedtime which can further drive the sales of the mattress in the market to offer a comfortable sleep to its citizens. With the advent of the internet, the consumers are buying mattresses from online channels which are keeping them informed about the mattress types and saving them time.
There is growing demand and production of smart mattresses that keeps your body aligned while lying down and also exerts appropriate pressure on the body. Custom made mattresses are high in demand in the country. Players in the market are also introducing a hybrid kind of mattresses with magnetism, infrared, and rattan.