NEW YORK, March 30, 2022 /PRNewswire/ -- The Mattresses Market size in Europe is expected to grow by USD 741.92 million from 2019 to 2024, progressing at a CAGR of almost 3% according to the latest market report by Technavio.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Airsprung Group Plc, Breckle GmbH Matratzenfabrik, Casper Sleep Inc., Hilding Anders International AB, King Koil Licensing Co. Inc., Recticel Group, Royal Auping BV, Serta Simmons Bedding LLC, Silentnight Group Ltd., and Tempur Sealy International Inc. are some of the major market participants.
The growth of the healthcare and hospitality sectors will offer immense growth opportunities. However, the high manufacturing cost will challenge the growth of the market participants.
Mattresses Market in Europe 2020-2024: Segmentation
Mattresses Market in Europe 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our mattresses market in Europe report covers the following areas:
Key Segment Analysis
During the projection period, the innerspring segment's market share in Europe will expand significantly. Innerspring mattresses, as opposed to memory foam mattresses, allow for more airflow and provide better cooling. There are also financial advantages to the beds. Because of the aforementioned benefits, the innerspring mattresses market in Europe is expected to rise steadily over the forecast period.
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Parent Market Analysis
Technavio categorizes the mattresses market in Europe as a part of the global home furnishings market within the global home furnishing market. External factors influencing the parent market's growth potential in the future years have been extensively examined in our research analysis and will define the levels of growth of the mattresses market in Europe over the projected period.
Mattresses Market in Europe Value Chain Analysis
The value chain of the global home furnishings market includes the following core components:
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Mattresses Market in Europe 2020-2024: Key Highlights
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Mattresses Market in Europe Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3% |
Market growth 2020-2024 |
USD 741.92 million |
Market structure |
Fragmented |
YoY growth (%) |
2.45 |
Regional analysis |
Germany, France, the UK, and the Rest of Europe |
Performing market contribution |
Rest of Europe at 55% |
Key consumer countries |
Albania |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Airsprung Group Plc, Breckle GmbH Matratzenfabrik, Casper Sleep Inc., Hilding Anders International AB, King Koil Licensing Co. Inc., Recticel Group, Royal Auping BV, Serta Simmons Bedding LLC, Silentnight Group Ltd., and Tempur Sealy International Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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