Market revenue in 2024 | USD 2,058.4 million |
Market revenue in 2030 | USD 2,666.6 million |
Growth rate | 4.5% (CAGR from 2025 to 2030) |
Largest segment | Foam |
Fastest growing segment | Foam |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Innerspring, Foam, Hybrid |
Key market players worldwide | Tempur Sealy International Inc, Serta Simmons Bedding LLC, Spring Air International, Sleep Number Corp, Kingsdown, Southerland Sleep, Hästens, Casper, Silentnight Group, Emma The Sleep Company (Emma Sleep GmbH) |
Foam was the largest segment with a revenue share of 55.01% in 2024. Horizon Databook has segmented the Latin America mattress market based on innerspring, foam, hybrid covering the revenue growth of each sub-segment from 2018 to 2030.
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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