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 Mattress
- Gel
- Hybrid Mattress
- Innerspring
- Latex Mattresses
- Memory Foam
By Size
- Full
- King
- Queen
- Twin
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By Business Model
- Lease
- Outright Sale
By Distribution Channels
- Online
- Offline
By End User
- Commercial
- Hospitals
- Residential
Key Target Audience
- Mattress Raw Material Producers
- Mattress Manufacturers, Importers and Trader
- Investors
- Distributors / Retailers / Stockists
- Mattress Specialist Retailers
- Hotels
- Tourism Associations
- Mattress Internet Retailers
- E-Commerce companies
- Investors
- Industry Associations
- Consulting Agencies
- Government Bodies & Regulating Authorities
Time Period Captured in the Report:
- Historical Period: 2018-2023P
- Base Period: 2023P
- Forecast Period: 2023P-2028F
Companies Covered:
Leading companies
- Dreamcloud
- Treca
- Simmons
- Epeda
- Tediber
- Zenpur
- Nectar
- Dunlopillo
- Simba
- Emma
- Tempur
- Hypnos
- Dormeo
- Silentnight
- Relyon
- Leesa
- Hyde And Sleep
- Sleepeezee
- Harrison Spinks
- Vispring
- John Lewis
- Dreams
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Key Topics Covered in the Report
- Executive Summary
- Research Methodology
- France Mattress Market Introduction and Value Chain Analysis
- France Mattress Market Size, 2018-2023P
- France Mattress Market Segmentation, 2023P
- Trade Scenario in France Mattress Market (Import and Export), 2018-2023P
- Decision Making Process before purchasing Mattresses in France
- Trends and Developments in France Mattress Market
- Issues and Challenges in France Mattress Market
- Porter's Five Forces Analysis for France Mattress Market
- Regulatory Framework in France Mattress Market
- 4 P’s Analysis in France Mattress Market
- Comparative Landscape in France Mattress Market
- France Mattress Market Future Outlook and Projections, 2023P-2028F
- Analyst Recommendations
- Industry Speaks
- Research Methodology
For more information on the research reports, refer to below link:-
Future Outlook of France Mattress Market
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