Europe Mattress Market Size and Forecast (2018-2030) By Materials, Mattress Size, Application, and Growth in Key Countries - Germany, France, Spain, Poland, UK, Netherlands

Europe Mattress Market Size and Forecast (2018-2030) By Materials, Mattress Size, Application, and Growth in Key Countries - Germany, France, Spain, Poland, UK, Netherlands

Executive Summary

The European mattress market presents significant opportunities for manufacturers and retailers looking to meet the increasing demand for high-quality and comfortable sleep products. This expansion is driven by evolving consumer behaviors, a heightened focus on sleep health, and advancements in technology. Within Europe, the United Kingdom and Germany are the largest markets.

When considering the distribution of mattress companies across European provinces, Warsaw holds the largest market share at 8%, followed by Moscow and Budapest. These three provinces collectively account for a 16% share of the total European mattress industry.

In terms of trade performance, Poland stands as the primary mattress supplier in Europe, constituting 26% of total exports. Following Poland, Germany holds the second position with an 8.6% share of total exports, succeeded by Denmark at 7.4%. On the import side, Germany, France, and the Netherlands collectively accounted for 38% of total imports in 2022.

Growing Demand for Specialty Mattresses: There is an increasing preference for specialty mattresses such as memory foam, hybrid, and latex mattresses. Consumers are looking for mattresses that offer comfort, support, and are tailored to specific needs, such as cooling features for temperature regulation.

• The Senso Dream project has created a special mattress that is fully equipped with smart sensors to aid in the delivery of quality sleep, as well as a smart app for parents.
• Covestro has created a novel method for chemically recycling polyurethane (PU) flexible foam from used mattresses. It is based on its involvement in the Recticel-led PUReSmart1 project.

Rising Urbanization

The rising urbanization across Europe, with an expected increase to around 83.7% by 2050, contributes to the heightened demand for mattresses, especially with trends showing population migration from rural to urban areas. Here are some urbanization rates in Europe:

• EU 28: 72% of the population lives in cities and urban areas
• Luxembourg, Romania, Croatia: 50% urbanization rate
• Italy, Netherlands, UK: Over 80% urbanization rate

Major Segmentation of the Europe Mattress Market

• Market segmentation in the European mattress industry by material shows that innerspring holds the largest share, followed by PU & Memory Foam, Latex & Others. Innerspring mattresses are expected to retain a significant market share, especially in Eastern and Central Europe, catering to various preferences for cooling, bounce, and sturdy edge support.
• The Europe Mattress market by Mattress size is divided into Double Size/Twin, Queen Size & Single Bed & Others. The major market share is held by Double Size/Twin followed by Queen Size, Single Beds & Others.
• By End users, the increasing urban population in Europe is driving the demand for residential mattress use, with an anticipated 80% of the region's population residing in cities or towns by 2024, totaling around 341 million people.
• Geographically, the European mattress market is segmented into Germany, France, UK, Italy, Poland, Spain, and other European countries. Despite Russia having the largest population in Europe, its mattress industry is not as competitive as Germany, France, and the UK. The German mattress market displays steady growth, indicative of a mature and competitive industry.

Future Growth Outlook

The anticipated Compound Annual Growth Rate (CAGR) for the European mattress market is ~%. Projections indicate an overall increase of USD ~ billion in the mattress market over the next six years, signaling a positive outlook for the industry. Migration plays a pivotal role in driving the growth of the urban population, consequently boosting the real estate sector. Simultaneously, there is an expected average rise of 4% in the overall population within European Functional Urban Areas (FUAs) by 2050. This trend is expected to fuel increased demand for mattresses and subsequently stimulate their production across the European region

Scope of Europe Mattress Market Report

The study conducted by Makreo Research on the “Europe Mattress Market Size and Forecast (2018-2030) By Materials, Mattress Size, Application, and Growth in Key Countries - Germany, France, Spain, Poland, UK, Netherlands" provides a comprehensive analysis of the market, encompassing a wide range of factors. The report takes into account both qualitative and quantitative factors, indicating a well-rounded approach to analysis. The inclusion of both qualitative and quantitative factors in the study ensures that readers gain a more complete understanding of the Europe Mattress Market. It goes beyond mere numbers and incorporates insights into consumer behavior, industry trends, and market dynamics. This holistic approach enhances the overall analysis and makes the study a valuable resource for individuals or organizations interested in exploring the pricing of mattress, key players in the industry, trade performance, market share of players in Europe Mattress Market. Moreover, the report's focus on past and present performance, as well as potential growth opportunities in the future, enables readers to identify key areas of interest and investment.

The report examines Mattress market in Europe by Key Segmentation including:

• By Mattress Material
• By Mattress Size
• By End user
• By Countries

Countries Covered in Europe Mattress Market Report:

• Germany
• France
• Spain
• Poland
• United Kingdom
• Netherlands

Key Questions Answered

1. How has the European economy fared historically, and what is the anticipated outlook for future growth?

2. What is the historical performance of the European Mattress Industry, and what is the current state of affairs?

3. What are the primary challenges currently faced by the mattress industry?

4. What is the distribution of Mattress Companies in Europe by Province in terms of%age?

5. How is the mattress trade sector performing in Europe?

6. Which material is the major contributor to the demand for mattresses in Europe?

7. Among end users, which segment makes the most significant contribution to the demand for mattresses?

8. What material is primarily responsible for driving the demand for mattresses?

9. Who are the key players in the mattress market, and what is their current performance status?

10. What are the notable merger and acquisition activities within the mattress industry?