Europe Mattress Market Share, Growing Demand, and Top Key Players |...

Europe Mattress Market Share, Growing Demand, and Top Key Players

Posted 2023-07-27 07:53:50

The European mattress market contributes $7,877.0 million in 2021, and it is projected to generate $14,382.8 million revenue in 2030, growing at a rate of 6.9% from 2021 to 2030. It is ascribed to the rapid urbanization, coupled with the favorable policies of government concerning real estate development, and expansion of the healthcare and hospitality sectors.

Moreover, the rise in the homestay of people during the COVID-19 period boosted the sales of mattresses for residential applications, and it is continued to rise due to the mass adoption of the remote work culture.

Under the product segment, the innerspring category holds an extensive share of the European mattress industry. It is led by the growing popularity of innerspring mattresses among the population of the country. Moreover, natives of Central and Eastern Europe highly prefer these mattresses, as they facilitate cooling, bouncing, and strong edge support.

Browse detailed - Europe Mattress Market Revenue Estimation and Growth Forecast Report

Moreover, the rising tourism sector in Europe is projected to experience a high demand for mattresses in the hospitality sector in the coming future.

Geographically, France contributes massive revenue to the mattress industry of Europe, accounting for the high demand in the healthcare, and hospitality sectors. In addition, consumers prefer to sleep as a crucial factor that contributes to happiness, productivity, and high-energy levels. Moreover, the advancements in mattresses drive their sales in the healthcare sector led by the electronic connectivity, and height adjustment feature.

The rising sales of customized mattresses are the key driver of the industry's growth. It is attributed to the varying physical dynamics of every customer, such as height and weight. The customization enables them to choose thickness, firmness, and mattress size according to their preference.

Therefore, the rising healthcare and tourism sector fuel the sales of mattresses in Europe.