The sold production of mattresses of cellular plastics in Finland has shown significant fluctuations over the past years. From 2013 through 2018, the market experienced overall declines interspersed with minor recoveries. Notably, in 2019, the market rebounded strongly with a 41.84% year-on-year increase. This momentum carried through into 2020 with a 2.17% rise and continued modestly positive growth rates through to 2023. As of 2023, the market stood at 22.077 million Euros in value. The recent years showed a steady growth pattern, with an average annual growth rate (CAGR) of 9.08% over the past five years.
Looking forward from 2024 to 2028, forecasts indicate continued positive growth but at a lower pace, with a forecasted 5-year CAGR of 1.61%. The market is expected to grow by 8.31% by 2028. This suggests that while the market is stabilizing, the rapid growth observed in recent years is likely to decelerate.
Future Trends to Watch For:
- Technological advancements in manufacturing processes.
- Changes in consumer preferences towards eco-friendly and customizable mattresses.
- Impact of economic factors and inflation on consumer spending power.
