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  4. Baby & Children's Furniture

Baby & Children's Mattresses - Guatemala

Guatemala
  • Revenue in the Baby & Children's Mattresses market amounts to US$2.42m in 2024. The market is expected to grow annually by 1.35% (CAGR 2024-2029).
  • In global comparison, most revenue is generated United States (US$1bn in 2024).
  • In relation to total population figures, per person revenues of US$0.13 are generated in 2024.

Definition:

The Baby & Children’s Mattresses market includes a variety of mattresses designed to provide comfort, support, and durability throughout the early stages of a child’s development. These mattresses are designed to fit into cribs, toddler beds, and children’s beds, with a focus on materials that offer a balance of safety and comfort for growing children. The market is driven by different types of mattress technologies that cater to diverse preferences and needs.

Additional Information:

The Baby & Children’s Mattresses market consists of revenue and average revenue per capita data. Per capita figures refer to the whole population. This market only includes business-to-consumer (B2C) sales. Business-to-business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are not included in the figures shown. For more information on the displayed data, click on the info button to the right of each box. In terms of key players in the furniture market, IKEA is the leading furniture company, but, with the rise of e-commerce, players such as Wayfair are gaining ground.

In-Scope

  • Innerspring mattresses for babies and children up to 14 years old
  • Foam mattresses suitable for babies and children aged 14 and under
  • Latex mattresses designed for babies and children up to 14 years old

Out-Of-Scope

  • Water mattresses
  • Pneumatic mattresses
  • Beds

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Nov 2024

Source: Statista Market Insights

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Nov 2024

Source: Statista Market Insights

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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