France: Mattress Market 2024

Mattress Market Size in France

The French mattress market shrank markedly to $X in 2022, waning by -17.7% against the previous year. Overall, consumption recorded a noticeable descent. Mattress consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Mattress Production in France

In value terms, mattress production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by 8.2% against the previous year. Mattress production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Mattress Exports

Exports from France

In 2022, shipments abroad of mattresses increased by 14% to X units, rising for the fourth year in a row after two years of decline. In general, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.2% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, mattress exports stood at $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 11%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Switzerland (X units) was the main destination for mattress exports from France, with a 26% share of total exports. Moreover, mattress exports to Switzerland exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by Spain (X units), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to Switzerland totaled +2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.0% per year) and Spain (+6.4% per year).

In value terms, Switzerland ($X) remains the key foreign market for mattresses exports from France, comprising 26% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Spain, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value to Switzerland totaled +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.9% per year) and Spain (+5.8% per year).

Export Prices by Country

In 2022, the average mattress export price amounted to $X per unit, which is down by -10.8% against the previous year. Over the period under review, the export price saw a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+0.5%), while the prices for the other major destinations experienced a decline.

Mattress Imports

Imports into France

In 2022, supplies from abroad of mattresses decreased by -55.7% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a noticeable increase. The growth pace was the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of X units, and then shrank sharply in the following year.

In value terms, mattress imports shrank dramatically to $X in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of $X, and then reduced remarkably in the following year.

Imports by Country

Belgium (X units), Poland (X units) and Portugal (X units) were the main suppliers of mattress imports to France, together comprising 45% of total imports. Romania, Spain, China, Germany, Italy, Denmark and Switzerland lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +42.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mattress suppliers to France were Belgium ($X), Poland ($X) and Portugal ($X), with a combined 45% share of total imports. Romania, Spain, China, Germany, Italy, Denmark and Switzerland lagged somewhat behind, together comprising a further 46%.

Romania, with a CAGR of +42.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mattress import price stood at $X per unit in 2022, rising by 73% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($X per unit) and Switzerland ($X per unit), while the price for Spain ($X per unit) and Portugal ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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