Latin America Mattress Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Latin America Mattress Manufacturers and the Market is segmented by Type (Innerspring Mattress, Memory Foam Mattress, Latex Mattress, and Others), By Application (Residential and Commercial), By Distribution Channel (Online, and Offline), and By Geography (Brazil, Mexico, Argentina, Rest of Latin America). The Market size and forecast are Provided in value (USD billion) for all the above segments.

Latin America Mattress Market Size

View Global Report
Latin America Mattress Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR > 5.00 %
Market Concentration High

Major Players

Latin America Mattress Market Major Players

*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Latin America Mattress Market Analysis

The Latin America Mattress Market has generated a revenue of over USD 1.8 billion in the current year and is anticipated to register a CAGR of more than 5% for the forecast period.

The mattress industry is gradually transitioning from unbranded to branded products. With roughly 20-25 companies spread across countries, the branded market, which includes major, mid-size, and smaller manufacturers, accounts for a significant portion of the industry. Because a wider market still prefers touch-and-feel mattress purchasing, the offline retail industry dominates the country's market.

Most of the Latin American countries are struggling to break free from what economists refer to as the "middle-income trap." While not the entire area has risen out of poverty, neither growth nor productivity has increased enough to close the gap between Latin America and the world's most developed economies. Economic difficulties have had an indirect impact on the total mattress market in the region.

The rise in demand for smart mattresses is also due to the expansion of the mattress market. People's living standards have risen as their disposable money has increased, creating a need for comfort and convenience. As a result, luxury furnishings, such as mattresses, are in high demand.

Mattress demand was negatively impacted during the COVID-19 pandemic. Quarantines and partial industrial closures harmed manufacturers. During the pandemic, this resulted in a shortage of raw materials and finished products, which substantially impacted the mattress industry's growth.

Latin America Mattress Market Trends

Brazil is Dominating the Mattress Market of Latin America

Brazil is the market leader in Latin America's mattress market, which is predicted to show a slight decline in the future years. Brazil accounted for more than 40% of the entire mattress market; Columbia, which came in second, is predicted to increase at the fastest rate throughout the anticipated period.

Due to lower freight costs and market operations, the mattress-in-a-box model is becoming increasingly popular in Brazil. It has the largest market share, owing to customers' high levels of sleep comfort. Hotels, on the other hand, have a strong need for mattresses. Unorganized players are projected to lose a significant amount of market share. According to a survey, 80% of Brazilians have problems at bedtime, which could push mattress sales in the market to provide residents with a decent night's sleep. Market firms in Latin America are also introducing hybrid mattresses with magnetic, infrared, and rattan elements.

Latin America Mattress Market: Revenue of Mattresses Market, Brazil, In USD Million, 2019-2022

Foam Mattress Production is Dominating the Market

Due to rising health concerns, people are increasingly opting for foam mattresses, which can readily conform to their shape and size. However, the Brazilian government has enacted various laws that have had a detrimental influence on category sales due to the fabrication of low-cost Polyutherane foam, bogus certifications, and therapeutic claims without scientific proof. However, as people's lifestyles become more chaotic and sedentary, therapeutic and hybrid mattresses are projected to expand in popularity in Latin American countries.

Latin America Mattress Market: Mattresses Market Share, By Type, In %, 2022

Latin America Mattress Industry Overview

The Latin American mattress market is fragmented, with many local and global players present in the market. There is a rise in competition in the mattress market for a new retailer to establish its brand value. Some of the key players in the Latin American mattress market are Colchao Inteligente, Casper Sleep, Inc., Dunlopillo GmbH, Innocor Inc., Kingsdown, Novosbed Inc., Silent Night Group, Simba Sleep Limited, Tempur Sealy International, Paramount Bed Holdings Co. Ltd, and Other prominent players.

Latin America Mattress Market Leaders

  1. Colchão Inteligente

  2. Tempur Sealy International, Inc.

  3. Dunlopillo

  4. Paramount Bed Holdings Co. Ltd

  5. Casper Sleep, Inc.,

*Disclaimer: Major Players sorted in no particular order

Latin America Mattress Market Concentration
Need More Details on Market Players and Competitors?
Download PDF

Latin America Mattress Market News

  • August 2023: Restonic Mattress Corp. and its Caribbean licensee have agreed to expand the company's reach into the Dominican Republic. The company's partnership with Advance Foam is strategically moving towards a shared future of delivering sleep solutions to the people of several Caribbean countries.
  • May 2023: Double Dragon unit, for its international hotel business, has signed an agreement with Emma, The Sleep Company, to provide mattresses for all upcoming Hotel projects globally. Mexico is one of the initially targeted 25 countries.

Latin America Mattress Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Technological Innovations are Driving the Market

    3. 4.3 Market Restraints

      1. 4.3.1 Supply Chain Disruptions are Restraining the Market

    4. 4.4 Market Opportunities

      1. 4.4.1 Product Innovation will Provide Opportunities to New Entrants

    5. 4.5 Industry Value Chain analysis

    6. 4.6 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.6.1 Bargaining Power of Buyers

      2. 4.6.2 Bargaining Power of Suppliers

      3. 4.6.3 Threat of New Entrants

      4. 4.6.4 Threat of Substitutes

      5. 4.6.5 Intensity of Competitive Rivalry

    7. 4.7 Insights on Technological Advancements in the Industry

    8. 4.8 Impact of COVID-19 on the Market


    1. 5.1 By Type

      1. 5.1.1 Innerspring

      2. 5.1.2 Memory Foam

      3. 5.1.3 Latex

      4. 5.1.4 Other Types

    2. 5.2 By Application

      1. 5.2.1 Residential

      2. 5.2.2 Commercial

    3. 5.3 By Distribution Channel

      1. 5.3.1 Online

      2. 5.3.2 Offline

    4. 5.4 By Geography

      1. 5.4.1 Brazil

      2. 5.4.2 Mexico

      3. 5.4.3 Argentina

      4. 5.4.4 Rest of Latin America


    1. 6.1 Market Concentration Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Tempur Sealy International Inc.

      2. 6.2.2 Colchao Inteligente

      3. 6.2.3 Casper Sleep, Inc.

      4. 6.2.4 Dunlopillo

      5. 6.2.5 Innocor Inc.

      6. 6.2.6 Paramount Bed Holdings Co. Ltd.

      7. 6.2.7 Kingsdown Inc.

      8. 6.2.8 Novosbed Inc.

      9. 6.2.9 Silent Night Group

      10. 6.2.10 Simba Sleep Limited*

    3. *List Not Exhaustive


You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Latin America Mattress Industry Segmentation

A complete background analysis of the Latin America mattress market, which includes an assessment of emerging trends by segments and significant changes in market dynamics and market overview, key players in the market, is covered in the report. The report also features qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across various key points in the industry's value chain. The Latin American mattress Market is segmented by Type (Innerspring, Memory Foam, Latex, and Others), By Application (Residential and Commercial), By Distribution Channel (Offline and Online), and By Geography (Brazil, Mexico, Argentina, and Rest of Latin America). The report offers market size and forecasts for the Latin American Mattress market in value (USD) for all the above segments.

By Type
Memory Foam
Other Types
By Application
By Distribution Channel
By Geography
Rest of Latin America
Need A Different Region Or Segment?
Customize Now

Latin America Mattress Market Research FAQs

The Latin America Mattress Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Colchão Inteligente, Tempur Sealy International, Inc., Dunlopillo, Paramount Bed Holdings Co. Ltd and Casper Sleep, Inc., are the major companies operating in the Latin America Mattress Market.

The report covers the Latin America Mattress Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Latin America Mattress Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Latin America Mattress Industry Report

Statistics for the 2023 Latin America Mattress market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Mattress analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Latin America Mattress Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)