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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Vietnam Mattress Market Growth
Vietnam's cities, especially Ho Chi Minh City and Hanoi, have higher disposable incomes and more modern living standards than other regions, making them important markets for mattresses. The Ministry of Construction (MoC) projects that by 2030, Vietnam's housing demand will increase by 70 million square meters annually, or 17,500 buildings with 30 stories, leading to the expansion of the construction market in Vietnam.
Nowadays, orthopaedic mattresses are becoming extensively popular amid the growing prevalence of musculoskeletal conditions such as osteoporosis, arthritis, and back pain. The need for orthopaedic mattresses, which are made to support and reduce pain, is rising as customers increasingly seek practical treatments for these ailments. Particularly impacted is the ageing population, which increases the demand for customised bedding with improved support.
Moreover, the demand for mattresses composed of sustainable materials including natural latex, organic cotton, and recycled fibres is rising as consumers become more conscious of environmental issues. A Korean company, Everon, debuted its line of 100% natural charcoal latex mattresses at Saigon Center in Vietnam on July 3, 2024. This mattress line, which is a part of the brand's plan to service different sleep market niches, is composed only of natural latex and charcoal.
Vietnam Mattress Market Report Snapshots
Vietnam Mattress Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached around USD 71.40 billion.
The market is estimated to grow at a CAGR of 5.4% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 114.62 billion by 2032.
The market is being driven by the rising disposable income, rapid urbanisation, and growth in the hospitality sector.
The key trends aiding the mattress market in Vietnam include the growing adoption of sustainable manufacturing practices and the integration of advanced technologies in mattresses.
The major regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
The different distribution channels of mattress include online and offline.
The major players in the market are Dunlopillo Vietnam Company Limited., Lien A Co,.Ltd., Everpia JSC, VAN THANH MATTRESS CO., LTD., and SAIGON - KYMDAN RUBBER STOCK COMPANY, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
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India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124