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Mexico Mattress Market Size, Share, Trends, Forecast: By Product: Innerspring Mattresses, Memory Foam Mattresses, Latex Mattresses, Airbed Mattresses, Others; By Application: Household, Commercial; By Distribution Channel: Offline, Online; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Mexico Mattress Market Outlook
The Mexico mattress market size is estimated to grow at a CAGR of 3.9% between 2024 and 2032. The market is anticipated to be driven by the expansion of the hospitality sector in the country.
Key Trends in the Market
A mattress is a soft covering containing resilient materials like cotton, hair, feathers, and spring, among others. Generally used for a comfortable sleep, a mattress is made to regain its natural shape after high weight pressure. A mattress assists in maintaining spinal alignment and body posture, significantly improving the quality of sleep.
- There is a growing demand for orthopaedic mattresses amid the rapidly increasing geriatric population and the growing number of individuals with body aches and joint pain issues. Orthopaedic mattresses are made using memory foam that assists in better weight distribution and improved spinal alignment, providing relief from joint and back pain. Moreover, the development of sustainable and ecologically sound organic mattresses to cater to environmentally conscious consumers is expected to support the Mexico mattress market growth.
- Research and investments to develop innovative mattresses that provide additional comfort and improved durability than conventional mattresses are one of the major Mexico mattress market trends. Smart mattresses are also gaining popularity as they allow consumers greater control over their sleeping experience and empower them to alter different aspects of mattresses, including firmness, comfort, and temperature.
- The growing demand for mattresses from the rapidly expanding hotels and guest houses in Mexico owing to the increasing local and international tourism and rising disposable income in the country is likely to favour the market expansion. Hotels and guest houses generally prefer premium mattresses to ensure high comfort for their customers, bolstering the Mexico mattress market demand.
Market Analysis
Based on product, the market is segmented into innerspring mattresses, memory foam mattresses, latex mattresses, and airbed mattresses, among others. On the basis of application, the Mexico mattress market segmentation includes household and commercial. On the basis of the distribution channel, the market is bifurcated into offline and online.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Mexico mattress market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Serta Simmons Bedding, LLC
- Spring Air International
- Dormimundo, S.A. de C.V.
- Luft and Drom S.A.S. de C.V.
- KSMV Capital S.A.P.I. de C.V. (Luuna)
- Biomattress Technology
- Tempur Sealy International, Inc.
- BLANCOS MILENIUM SA DE CV (Spring Air)
- Restonic Mattress Corporation
- Others
Market Share by Product
According to the Mexico mattress market analysis, memory foam mattresses are expected witness a significant demand over the forecast period owing to the rising number of health-conscious consumers. Memory foam mattresses are known for providing considerably better sleep quality and spine alignment than conventional mattresses. The busy lifestyles of the working class in Mexico have led to a rise in backaches and joint pains among individuals, resulting in a surge in demand for therapeutic mattresses.
Market Share by Application
Households are expected to represent a substantial portion of the Mexico mattress market share over the forecast period due to rising disposable incomes. People are more inclined towards investing in premium mattresses that provide more comfort. Additionally, the increasing residential construction and renovation activities in Mexico offer lucrative opportunities to the market demand. Meanwhile, the commercial sector is expected to grow steadily due to the growing tourism and healthcare sectors.
Competitive Landscape
Serta Simmons Bedding, LLC is an American mattress and bedding products manufacturer that began its operation in 1870. Headquartered in Georgia, the United States, it is one of the leading mattresses manufacturers in more than 100 countries.
Spring Air International is an American mattress company based in Massachusetts, the United States. The company began its operations in 1926. The company is known for supplying mattresses and other sleeping products including quilts, custom beds, and sleep seats, among others, across the globe.
Tempur Sealy International, Inc. is a memory foam mattress and bedding company that was started in 2013 after the merger of Sealy Corporation and Tempur-Pedic. The company is based in Kentucky, the United States. It is known for manufacturing adjustable bases, pillows and other sleep and relaxation products.
Other market players included in the Mexico mattress market report are Dormimundo, S.A. de C.V., Luft and Drom S.A.S. de C.V., KSMV Capital S.A.P.I. de C.V. (Luuna), Biomattress Technology, BLANCOS MILENIUM SA DE CV (Spring Air), and Restonic Mattress Corporation, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
|
| Breakup by Application |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Mexico Mattress Market Overview
8.1 Key Industry Highlights
8.2 Mexico Mattress Historical Market (2018-2023)
8.3 Mexico Mattress Market Forecast (2024-2032)
9 Mexico Mattress Market by Product
9.1 Innerspring Mattresses
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Memory Foam Mattresses
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Latex Mattresses
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Airbed Mattresses
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Others
10 Mexico Mattress Market by Application
10.1 Household
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Mexico Mattress Market by Distribution Channel
11.1 Offline
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Online
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Trade Data Analysis (HS Code - 9404)
13.1 Major Exporting Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Serta Simmons Bedding, LLC
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Spring Air International
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Dormimundo, S.A. de C.V.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Luft and Drom S.A.S. de C.V.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 KSMV Capital S.A.P.I. de C.V. (Luuna)
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Biomattress Technology
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Tempur Sealy International, Inc.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 BLANCOS MILENIUM SA DE CV (Spring Air)
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Restonic Mattress Corporation
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Mexico Mattress Market: Key Industry Highlights, 2018 and 2032
2. Mexico Mattress Historical Market: Breakup by Product (USD Million), 2018-2023
3. Mexico Mattress Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Mexico Mattress Historical Market: Breakup by Application (USD Million), 2018-2023
5. Mexico Mattress Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Mexico Mattress Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Mexico Mattress Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Major Exporting Countries by Value
9. Major Importing Countries by Value
10. Major Exporting Countries by Volume
11. Major Importing Countries by Volume
12. Mexico Mattress Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.9% between 2024 and 2032.
The major market drivers for the market are the growing tourism sector in Mexico and the increase in demand for orthopaedic mattresses among the ageing population.
The key trends included in the report are the growing demand for mattresses from the household sector and the development of smart and organic mattresses to cater to a wider customer base.
The different products considered in the market report are innerspring mattresses, memory foam mattresses, latex mattresses, and airbed mattresses, among others.
The major distribution channels of mattress are offline and online.
The various applications of the product are household and commercial.
The key market players included in the market report are Serta Simmons Bedding, LLC, Spring Air International, Dormimundo, S.A. de C.V., Luft and Drom S.A.S. de C.V., KSMV Capital S.A.P.I. de C.V. (Luuna), Biomattress Technology, Tempur Sealy International, Inc., BLANCOS MILENIUM SA DE CV (Spring Air), and Restonic Mattress Corporation, among others.
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