Germany Mattress Market Outlook to 2027F
The report provides a comprehensive analysis of the potential of the Mattress Market in Germany. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The Germany Mattress Market segmentations is done by product type, by size, by end user and by distribution channel; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Germany Mattress Market is forecasted to grow at a CAGR of ~% in the period of 2022P-2027F, owing to the increasing disposable income and urbanization coupled with favourable government policies regarding real estate development and rising healthcare and hospitality sectors.
The consumer preference for customized mattresses is one of the major trends being observed in the market.
The demand for mattresses is increasing in commercial industries. The growth of the healthcare and hospitality sector provides a huge opportunity for the Mattress Market in Germany.
There is a growing demand for customized mattresses in the commercial sectors.
Key Trends by Market Segment:
By Product Type:
The memory foam mattresses accounts for the largest share in the Germany Mattress Market in 2021, based on product type. This is because Germans generally prefer no-frills foam mattresses right on top of a wooden, slatted bed frame called lattermost.
By Size: King-size mattresses held the largest share in the Germany Mattress Market in 2021, based on size. This is majorly attributed to their huge availability and growing use in metropolitan areas of large cities. Additionally, manufacturers and distributors are strongly focusing on producing and selling their natural material-based king-size mattresses for the quality of sleep and comfort they offer, which, in turn, strengthen their demand.
Competitive Landscape
In Germany Mattress Market there are about ~ players operating in the overall market, and top ~ players accounted ~% share in the market in terms of revenue. The major parameters on which these players compete includes Product Quality and Price.
Future Outlook
The Germany Mattress Market is expected to show a growth of CAGR ~% in the forecasted period of 2022P-2027F reaching ~ USD, with the increasing disposable income, increasing urbanization coupled with favourable government policies regarding real estate development and the rising healthcare and hospitality sectors.
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