Find out how market forces will dictate the trajectory of house prices in the next few months
Dublin, May 31, 2022 (GLOBE NEWSWIRE) -- The "Europe Mattress Market Revenue Analysis by Product, Size, Distribution Channel, End Use - Latest Trends and Growth Potential Through 2030" report has been added to ResearchAndMarkets.com's offering. From an estimated $7,877.0 million in 2021, the European mattress market revenue is set to rise to $14,382.8 million by 2030, at a 6.9% CAGR between 2021 and 2030,
The key factor behind this would be the rising purchasing power of people in the continent, which is not only allowing them to buy premium-quality mattresses but also replace them more frequently than before. This is also enabling people to purchase customized mattresses, which are priced higher than standard ones. Several companies are now giving customers the opportunity to modify the thickness, size, and firmness of the mattress and add personalized features, such as adaptability to the position they are sleeping in. By having the size of the products customized, they can be made to easily fit in customized bed frames.
The commercial sector is the largest procurer of mattresses in the continent because the quality of these products has a direct influence on the quality of user comfort, which is highly prized here. Within the commercial sector, mattresses are majorly bought by hotels and hospitals, which lay a strong emphasis on comfort and convenience, therefore replace their mattresses more often than residential users. Therefore, the booming hospitality industry is a major European mattress market growth driver. France, Germany, Italy, the U.K., Spain, Portugal, Switzerland, and Austria are among the most-famous travel destinations for people around the world. The charm of the region among holidaymakers has resulted in a massive increase in the number of hotels and resorts here, thereby helping the market advance.
Key Findings of Europe Mattress Market Report
The king size is the most widely sold in Europe due to its easy availability and the fact that mattresses this big offer ample space for a couple and a child.
European mattress market players sell the highest number of innerspring mattresses as these products offer ample cooling, bounce, and edge support.
In the coming years, the demand for latex mattresses will be driven by the rising number of people with chronic back pain, while the bed-in-a-box concept is making memory foam variants popular.
Driven partly by the lockdowns implemented during the pandemic, online sales of mattresses are picking up rapidly, which can also be attributed to the high access to smartphones and the internet in the region.
Due to the presence of numerous companies, the industry is highly fragmented, which is why the number of product launches, mergers and acquisitions, and partnerships is rising.
France is the highest revenue contributor to the European mattress market because of its huge hospitality industry, which is propelling the sale of such products.
Key Topics Covered: Chapter 1. Research Background 1.1 Research Objectives 1.2 Market Definition 1.3 Research Scope 1.4 Key Stakeholders Chapter 2. Research Methodology 2.1 Secondary Research 2.2 Primary Research 2.3 Market Size Estimation 2.4 Data Triangulation 2.5 Currency Conversion Rates 2.6 Notes and Caveats Chapter 3. Executive Summary Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 by Product 4.1.1.1 Innerspring 4.1.1.2 Memory Foam 4.1.1.3 Latex 4.1.1.4 Others 4.1.2 by Size 4.1.2.1 Single 4.1.2.2 Double 4.1.2.3 Queen 4.1.2.4 King 4.1.3 by Distribution Channel 4.1.3.1 Specialty Stores 4.1.3.2 Furniture Stores 4.1.3.3 Direct 4.1.3.4 Online 4.1.3.5 Others 4.1.4 by End Use 4.1.4.1 Residential 4.1.4.2 Commercial 4.1.4.2.1 Hotel 4.1.4.2.2 Hospital 4.1.4.2.3 Others 4.2 Value Chain Analysis 4.3 Market Dynamics 4.3.1 Trends 4.3.1.1 Revolution in Production Process 4.3.1.2 Surge in Demand for Personalized Mattresses 4.3.2 Drivers 4.3.2.1 Increasing Disposable Income and Advantageous Government Policies Related to Real Estate Development 4.3.2.2 Surging Urbanization Rate 4.3.2.3 Growing Healthcare and Hospitality Sectors 4.3.2.4 Impact Analysis of Drivers on Market Forecast 4.3.3 Restraints 4.3.3.1 High Volatility in Prices of Raw Materials 4.3.3.2 Impact Analysis of Restraints on Market Forecast 4.3.4 Opportunities 4.3.4.1 Bursting Demand for Eco-Friendly Mattresses 4.4 Impact of Covid-19 on Mattress Market 4.5 Porter's Five Forces Analysis Chapter 5. Europe Market Size and Forecast 5.1 by Product 5.2 by Size 5.3 by Distribution Channel 5.4 by End Use 5.4.1 Commercial Mattress Market, by Type 5.5 by Country Chapter 6. Germany Market Size and Forecast 6.1 by Product 6.2 by Size 6.3 by Distribution Channel 6.4 by End Use 6.4.1 Commercial Mattress Market, by Type Chapter 7. France Market Size and Forecast Chapter 8. U.K. Market Size and Forecast Chapter 9. Italy Market Size and Forecast Chapter 10. Spain Market Size and Forecast Chapter 11. Russia Market Size and Forecast Chapter 12. Netherlands Market Size and Forecast Chapter 13. Poland Market Size and Forecast Chapter 14. Belgium Market Size and Forecast Chapter 15. Denmark Market Size and Forecast Chapter 16. Rest of Europe Market Size and Forecast Chapter 17. Competitive Landscape 17.1 Product Benchmarking of Key Players 17.2 Strategic Developments in the Market 17.2.1 Mergers and Acquisitions 17.2.2 Product Launches 17.2.3 Partnerships Chapter 18. Company Profiles
King Koil Licensing Company Inc.
For more information about this report visit https://www.researchandmarkets.com/r/757m0z
BRUSSELS (Reuters) -EU countries and EU lawmakers are set to agree on a common charging port for mobile phones, tablets and headphones on June 7 when they meet to discuss a proposal that has been fiercely criticised by Apple, people familiar with the matter said. The proposal for a single mobile charging port was first broached by the European Commission more than a decade ago after iPhone and Android users complained about having to use different chargers for their phones. The trilogue next Tuesday will be the second and likely the final one between EU countries and EU lawmakers on the topic, an indication of a strong push to get a deal done, the people said.
Michael O’Leary hits back at Grant Shapps’s claim that firms have oversold flights and holidays
In Germany, 250 jobs would be affected, the paper said. Fresenius, which runs dialysis centers and hospitals, makes generic drugs and helps plan hospital construction projects, last year launched a group-wide cost cutting programme to become more competitive amid a declining share price over several years.
Australian Jessica Sepel is founder of JS Health, the multi-million pound wellness enterprise.
Rishi Sunak has been accused of mounting a £17bn stealth raid on the oil and gas industry after the Treasury left the door open to levying his windfall tax for three years in a row.
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