Europe Mattress Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation

Europe Mattress Market Definition:

The Europe Mattress Market is expected to increase through the forecast period as there is an increase in the health care industry which increased the demand for mattresses in several nursing homes.

 

Further, the Mattress Market is segmented By Product, By Application, By Size and geography. On the basis of Product, the Mattress Market is segmented under Innerspring, Memory Foam, Latex, Others (Gel, Hybrid, Air, and Water). Based on the Application, the Mattress Market is segmented under Household, Healthcare, Hospitality. On the basis of Size, Twin, Full, Others. By geography, the market covers the major countries in Europe i.e., Italy, Germany, United Kingdom, Russia, France and Rest of Europe for each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).

 

 

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Europe Mattress Market Dynamics:

The major key players in Europe introduced the multifunctional convenience and electronic beds which are expected to increase the demand for the market. The Europe market is expected to show significant growth as it acquires 50% of the market share. The Memory Foam market segment is expected to show growth in the market through the forecast period. Moreover, the increase in the purchasing power and awareness of a healthy lifestyle is expected to increase the market growth through the forecast period. The modern mattresses are made up of innerspring and materials like latex, elastic, and polyurethane and they can be additionally filled with air, water and natural raw materials such as cotton or coir.

 

Thus, the rise in technology developments and the emergence of innovative products by various major players are expected to increase the market through the forecast period.

 

The recycling of mattresses is gaining special attention from major players in European countries. European manufacturers have been engaged in recycling in recent years. Due to favourable government restrictions, manufacturers are focusing their attention on producing recycled mattresses to maintain the green environment and these businesses have set up commercial deals with retailers to manufacture these recycled products to support the local players. These factors are expected to increase the demand for the market through the forecast period. The number of numbers of recycled mattresses is expected to increase significantly from 100,000. Moreover, local companies have set up partnerships with recyclers thus, increasing demand for the market through the forecast period.

 

The increase in marketing strategies by major companies to compete with other ones is expected to limit the market growth as local companies face huge competition with prices and quality of the products. But the investments in technologies and research and development to innovate new products are expected to increase the market growth through the forecast period, as the demand for premium products is increasing. The United Kingdom Market Majorly has been one of the innerspring centres, however, the Foam is Increasing consistently. The Life span of homegrown bedding is generally 8?10 years, and regulation on sleeping cushion security is routinely updated with the goal that old sleeping Mattresses rapidly fall outside the safety limits set for fire, safety, and different variables. These factors and others, for example, decreased execution, Recycling materials are by and large more appropriate than reuse. Thus, the mattress market is focused to use for domestic purposes. The increase in the number of households along with children is increased by 25% in recent years. The increase in nuclear families due to urbanization is expected to increase the market through the forecast period.

 

 Europe Mattress Market Segment Analysis:

By Product, the Mattress Market is segmented under Innerspring, Memory Foam, Latex, and Others (Gel, Hybrid, Air, and Water). The Innerspring segment is expected to increase through the forecast period as there is an increase in demand for the travel and tourism industry. The Memory Foam segment is expected to increase significantly through the forecast period as the demand for premium mattresses is increasing due to the rise in purchasing power.

 

 

By Application, the Mattress Market is segmented under Household, Healthcare, and Hospitality. The Healthcare segment is expected to dominate the market through the forecast period as there is increasing demand for recycling products is increasing in the market. The household segment is growing significantly due to the increase in nuclear families and children. Thus, The demand for the Asia Pacific Mattress Market is expected to increase through the forecast period.

 

Europe Mattress Market Regional Insights:

Over the next few years, Europe is likely to remain a very attractive market for vehicle Mattress Market.  The growth of this market can be attributable to the UK' high per capita automobile ownership, as well as its high per capita income. Commercial vehicles, such as big trucks, as well as construction and agricultural machinery, are all popular in Europe. The majority of the automobiles in this area have electro-hydraulic power steering.

 

Every new vehicle sold in Canada comes with power steering. Automobile manufacturers in the country are progressively offering vehicles with electric powertrains, as well as hybrid vehicles that combine electric and hydraulic powertrains. Canadian automakers are pioneering the development of game-changing automobile innovations.

 

Europe Mattress Market Key Players Insights:

The objective of the report is to present a comprehensive analysis of the Europe Mattress Market to the stakeholders in the industry. The report provides trends that are most dominant in the Europe Mattress Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Europe Mattress Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Europe Mattress Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Europe Mattress Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Europe Mattress Market.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Europe Mattress Market. The report also analyses if the Europe Mattress Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Europe Mattress Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Europe Mattress Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Europe Mattress Market is aided by legal factors.

 

Europe Mattress Market Scope:

Europe Mattress Market
Market Size in 2023	USD 10.31 Bn.
Market Size in 2030	USD 16.45 Bn.
CAGR (2024-2030)	6.9%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Product Innerspring Memory Foam Latex Others (Gel, Hybrid, Air, and Water)
	By Application Household Healthcare Hospitality
	By Size Twin Full Others
	By Geography Italy France Russia United Kingdom Rest of Europe

 

Europe Mattress Market Key Players: 

• Spring Air International
• Kingsdown Inc.
• King Koil Licensing Company Inc.
• Tempur Sealy International Inc.
• Emma Sleep GmbH
• Relyon Beds Limited
• Royal Auping Bv
• Leggett & Platt Incorporated
• Pikolin S.L.
• Vita (Holdings) Limited