Germany Mattress Market
Germany Mattress Market is in its growing stage, owing to the increasing disposable income, increasing urbanization coupled with favorable government policies regarding real estate development and rising healthcare and hospitality sectors. The Mattress Industry in Germany is moderately fragmented with key players such as Inter IKEA Systems BV, Agro International GmbH & Co. Kg, Setex Textil Gmbh, Ravensberger, Gustav Dehler Matratzenfabrik GmbH etc.
Key Market Findings:
Germany Mattress Market was valued at USD ~ in 2021 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022P-2027F).
Price is an important factor for consumers while buying products. Germans prefer quality products at affordable prices.
The market's expansion might be constrained due to the fluctuations in the cost of raw materials and production.
Increasing Demand for Personalized Mattresses: The consumer preference for customized mattresses is one of the major trends being observed in the Germany Mattress Market. Customization offers optimal support when sleeping for diverse body types related to the physiological dynamics of each consumer, such as height and weight, which vary. In addition, with most mattresses available in standard sizes, they do not always fit perfectly in customized bed frames; hence, in such cases, a customized mattress is preferred.
Growing Online Channel: Many of the firms on the German Mattress Market see success from their online mattress sales. Customers have the flexibility to select the firmness level and variety of mattresses offered by the online vendors. Start-up businesses are entering the market and selling universal mattresses to the consumers there. These businesses use clever concepts and technological innovation to make online mattress purchases intriguing by giving them various names.
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Growing Commercial Sector: Based on end use, the commercial sector is anticipated to experience a higher CAGR during the forecast period. The rising healthcare and hospitality sectors are the primary forces behind the market expansion of this category. Major firms are releasing specialty mattresses appropriate for multifunctional hospital beds in an effort to take advantage of the growing demand for mattresses from the healthcare sector. In the coming years, the demand for high-end and customized mattresses is expected to soar in the hotel business, much as how the tourist sector is growing.
Analysts at Ken Research in their latest publication “Germany Mattress Market Outlook to 2027F – By Product Type (Innerspring Mattresses, Memory Foam Mattresses, Latex, Alternating Pressure, Gel and Hybrid), By Size (Single, Double, Queen-size and King-size), By End User (Residential and Commercial)” observed that Germany Mattress Market is expected to showcase considerable growth in the coming five years. In the upcoming years, it is predicted to expand more rapidly due to increasing disposable income, increasing urbanization and rising healthcare and hospitality sectors. The Mattress Market in Germany is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.
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Key Segments Covered in the report
By Product Type
Innerspring
Memory Foam
Latex
Alternating Pressure
Gel
Hybrid
By Size
Single
Double
Queen-size
King-size
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By End User
Residential
Commercial
By Distribution Channel
Specialty Stores
Furniture Retailers
Owned Franchise Stores
Online
Others
Key Target Audience
Government Bodies and Regulatory Authority
Fintech Companies
Investors and Financiers
Venture Capitalist
New Market Entrants
Mattress Manufacturers
Commercial Users
Time Period Captured in the Report:
Historical Period: 2017-2022P
Base Period: 2022P
Forecast Period: 2022P-2027F
Companies Covered:
Inter IKEA Systems BV
Agro International GmbH & Co. Kg
Setex Textil Gmbh
Ravensberger Matratzen GmbH
Gustav Dehler Matratzenfabrik GmbH
Bruno Interior GmbH
Ettkus GmbH
CIMO Schaumstoffe GmbH
Badenia Bettcomfort GmbH & Co. KG
Recticel Schlafkomfort GmbH
Allnatura Vertriebs GmbH & Co. KG
Key Topics Covered in the Report
Germany Mattress Market Overview
Germany Mattress Market Segmentation
Ecosystem of Germany Mattress Market
Market Share of Major Players in Germany Mattress Market
Industry Analysis of Germany Mattress Market
Value Chain of Mattress Market in Germany
Key Growth Drivers of Germany Mattress Market
End User Analysis of Germany Mattress Market
Key Challenges of Germany Mattress Market
SWOT Analysis of Germany Mattress Industry
Future Outlook of Germany Mattress Market
Trends and Development of Germany Mattress Market
For more information on the research reports, refer to below link:
https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/germany-mattress-market-outlook-to-2027/596293-95.html
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