Focus on rising disposable income, tourism, favorable government policies and rising healthcare and hospitality sectors in the market are major factors contributing towards development of Mattress Market in France.
Impact of pandemic on the mattress market: The COVID-19 pandemic negatively impacted the supply chains of numerous sectors in France and led to the reduced trade of a number of products, including mattresses, as a consequence of the closure of manufacturing facilities globally. The halt in the tourism industry impacted hotels, which further negatively impacted the market for mattresses in Europe. However, the increasing number of people confined to their homes for an extended period could drive the demand for mattresses over the next few years.
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Innerspring and King-Size Mattresses Dominated the Market: The innerspring category accounted for the largest share in the French mattress market in 2023, based on product. This is because innerspring mattresses are highly preferred, as they cater to a variety of consumers preferring bounce, cooling, and strong edge support.
Moreover, king-size mattresses held a large share in the market in 2023, based on size. This is majorly attributed to their huge availability and growing use in metropolitan areas of large cities.
Increasing Disposable Income and Favorable Government Policies have driven the market growth: The disposable income of households grew in France in total by ~% between 2018 and 2023. Thus, the rising disposable income has a positive influence on the demand for mattresses, as they are one of the basic necessities for humans. Further, several governments have considered homeownership as an important policy goal and have, consequently, incentivized it by creating mortgage interest payments (a deductible expense for the purpose of income tax).
Analysts at Ken Research in their latest publication “France Mattress Market Outlook to 2028F- By Type of Mattress (Alternating Pressure Mattress, Gel, Hybrid Mattress, Innerspring, Latex Mattresses, Memory Foam), By Size (Full, King, Queen, Twin), By Business Model (Lease, Outright Sale), By Distribution Channel (Online, Offline) and By End User (Commercial, Hospitals, Residential).”Geographically, France generated the largest revenue in the European mattress market in 2021, owing to the high demand for mattresses in the medical and hotel industries in the country. Consumers are prioritizing sleep as a crucial factor contributing to high-energy levels, happiness, and productivity. Further, growing awareness regarding mattress types and brands, and growth in e-commerce and online retail sectors are projected to expand the mattress industry in the country in the long run. The market is expected to grow at a CAGR of ~% during 2023-2028F owing to the above-mentioned factors.
Key Segments Covered in the report: -
France Mattress Market
By Type of Mattress
Alternating Pressure MattressGelHybrid MattressInnerspringLatex MattressesMemory FoamBy Size
FullKingQueenTwinTo Know More about industry trends, Request a free Expert call
By Business Model
LeaseOutright SaleBy Distribution Channels
OnlineOfflineBy End User
CommercialHospitalsResidentialKey Target Audience
Mattress Raw Material ProducersMattress Manufacturers, Importers and TraderInvestorsDistributors / Retailers / StockistsMattress Specialist RetailersHotelsTourism AssociationsMattress Internet RetailersE-Commerce companiesInvestorsIndustry AssociationsConsulting AgenciesGovernment Bodies & Regulating AuthoritiesTime Period Captured in the Report:
Historical Period: 2018-2023PBase Period: 2023PForecast Period: 2023P-2028FCompanies Covered:
Leading companies
DreamcloudTrecaSimmonsEpedaTediberZenpurNectarDunlopilloSimbaEmmaTempurHypnosDormeoSilentnightRelyonLeesaHyde And SleepSleepeezeeHarrison SpinksVispringJohn LewisDreamsVisit this Link Request for a custom report
Key Topics Covered in the Report
Executive SummaryResearch MethodologyFrance Mattress Market Introduction and Value Chain AnalysisFrance Mattress Market Size, 2018-2023PFrance Mattress Market Segmentation, 2023PTrade Scenario in France Mattress Market (Import and Export), 2018-2023PDecision Making Process before purchasing Mattresses in FranceTrends and Developments in France Mattress MarketIssues and Challenges in France Mattress MarketPorter's Five Forces Analysis for France Mattress MarketRegulatory Framework in France Mattress Market4 P’s Analysis in France Mattress MarketComparative Landscape in France Mattress MarketFrance Mattress Market Future Outlook and Projections, 2023P-2028FAnalyst RecommendationsIndustry SpeaksResearch MethodologyFor more information on the research reports, refer to below link:-
Future Outlook of France Mattress Market
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