Brazil’s Mattress Market Is Expanding As A Result Of Rising Consumer Spending, An Increase In Hotel Rooms Along With Expansion Of The Hospitality Sector: Ken Research

The rise of health-related issues among the population and changing consumer preferences are some of the major factors that are contributing to the increase in the share of the Mattress Market in Brazil

Health issues increasing demand: Brazil is one of Latin America’s emerging economies. The slowing of the world’s economic growth has had an impact on mattress production; however, it is poised to continue growing optimistically. Due to lower freight costs and market operations, the mattress-in-a-box model is gaining popularity in the Brazilian market. 80% of Brazilians have some kind of bedtime problem, which can drive mattress sales in the market to provide a comfortable sleep to its citizens. Additionally, with the advent of the internet, consumers are purchasing mattresses from online channels that keep them informed about mattress types while also saving them time.

Brazil Mattress Market

For more information, Request a Free Sample Report

Increased imports of mattresses in the country: Mattresses, as well as sleep quality, health, and well-being, have all become important to Brazilian consumers. Consumers prefer foam mattresses because they can easily adjust to their shape and size, which is a result of growing health concerns. However, due to the production of low-cost Polyutherane foam, false certifications, and therapeutic effects without scientific proof, the Brazilian government has implemented several guidelines that have had a negative impact on category sales. Nevertheless, as people’s lives become more hectic and sedentary, the market for therapeutic and hybrid mattresses is expected to expand. Brazil’s mattress market saw increased imports in comparison to the previous year. Since 2014, the country’s mattress exports have increased, indicating a rise in demand.

More focus on online sales: The COVID-19 pandemic has had a significant impact on the growth of the Brazilian mattress market. The pandemic forced manufacturers to postpone product launches and cut costs as demand for expensive sleep products fell. During the pandemic, this resulted in insufficient raw material and finished product supply, which hampered the growth of the mattress industry. However, in order to mitigate the impact of COVID-19 on operations, numerous market participants have implemented a variety of strategies in recent years. While offline sales have been impacted, online sales have remained strong despite the COVID-19 crisis. Furthermore, a shift in consumer preferences and a greater emphasis on living a healthy lifestyle is driving up demand for mattresses across the country.

Analysts at Ken Research in their latest publication Brazil Mattress Market Outlook To 2027F – Segmented By Size of Mattress (King Size and Super King Size, Queen Size, Double Size and Single and Three Quarter), By Type of Mattress (Spring, Foam and Latex, and Others), By Region (North, Northeast, Central-West, South, and Southeast), By Type of Distribution Channel (Retail and Direct Sales), and By Organized and Unorganized.observed the potential of the Mattress Market in Brazil. The change in consumer preferences, health-conscious among the population, the rising internet population in the country, an increase in hotel rooms, and the development of the hospitality sector are expected to contribute to the market growth over the forecast period. The Brazil Mattress Market is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered in the report

Brazil Mattress Market Companies

  • Size of Mattresses:
  • King Size and Super King Size
  • Queen Size
  • Double Size
  • Single and Three Quarter
  • Type of Mattresses:
  • Spring
  • Pocket Spring
  • Bonell Spring
  • Offset Spring
  • Foam and Latex
  • Others (Gel based, water based, air-based mattresses, orthopedic mattress and coir mattress and rubber mattress)
  • Region:
  • North
  • Northeast
  • Central-West
  • South
  • Southeast
  • Distribution Channel:
  • Retail Sales
  • Direct Sales
  • Hotels, Resorts and Residential Sector
  • Hospitals
  • Market Structure:
  • Organized Sector
  • Mass
  • Economy
  • Premium
  • Unorganized Sector

Visit A link Request for Custom Report

Key Target Audience

  • Mattress Raw Material Producers
  • Mattress Manufacturers, Importers and Trader
  • Investors
  • Distributors / Retailers / Stockists
  • Mattress Specialist Retailers
  • Mattress Internet Retailers

Time Period Captured in the Report:

  • Historical Year: 2017-2022
  • Base Year: 2022
  • Forecast Period: 2022– 2027F

Companies Covered:

  • Anjos Colchões
  • Tempur Sealy International, Inc.
  • Ecus
  • Sleep Number
  • Colchão Inteligente
  • Ortobom
  • Dorel Home

Key Topics Covered in the Report

  • Executive Summary of Brazil Mattress Market
  • Brazil Mattress Market Introduction and Value Chain Analysis
  • Brazil Mattress Market Size, 2017-2022
  • Brazil Mattress Market Segmentation, 2022
  • Trade Scenario in Brazil Mattress Market (Import and Export), 2017-2022
  • Decision-Making Process before purchasing Mattresses in Brazil
  • Trends and Developments in Brazil’s Mattress Market
  • Issues and Challenges in Brazil’s Mattress Market
  • Porter’s Five Forces Analysis for Brazil Mattress Market
  • Regulatory Framework in Brazil Mattress Market
  • Comparative Landscape in Brazil Mattress Market
  • Brazil Mattress Market Future Outlook and Projections, 2022-2027F
  • Analyst Recommendations

For more insights on the market intelligence, refer to the link below:-

Brazil Mattress Market

Related Reports By Ken Research:

South Africa Mattress Market Outlook To 2023

Thailand Mattress Market Outlook to 2023

Saudi Arabia Mattress Market Outlook To 2023

Leave a Reply

Your email address will not be published. Required fields are marked *