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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Vietnam Mattress Market Size
The Vietnam mattress market reached a value of nearly USD 71.40 billion in 2023. The market is projected to grow at a CAGR of 5.4% between 2024 and 2032 to attain around USD 114.62 billion by 2032.
| Vietnam Mattress Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | 71.40 |
| Market Size 2032 | USD Million | 114.62 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.4% |
| CAGR 2024-2032 - Market by Region | Red River Delta | 5.7% |
| CAGR 2024-2032 - Market by Region | Mekong River Delta | 5.5% |
| CAGR 2024-2032 - Market by Application | Commercial | 5.9% |
| CAGR 2024-2032 - Market by Distribution Channel | Online | 9.2% |
| Market Share by Region | Southeast | 31.3% |
Vietnam Mattress Market Outlook
- LIEN 'A is recognised throughout Vietnam as a 100% natural latex mattress brand that has been around for more than 35 years.
- As the Ministry of Construction designated five areas as tier-4 urban areas in 2022, the nation's urbanisation ratio increased by 1.2% to 41.7%.
- The travel and tourism sector hopes to serve 110 million domestic and 17–18 million foreign tourists by the end of 2024.
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
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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