Recliner Sofas Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Man Wah Holdings, La-Z-Boy, Natuzzi Editions

Registering a CAGR of 6.5% over the forecast period of 2022-2027, the global Recliner Sofas Market is anticipated to reach the market value of $12.03 billion during 2022-2027.

Recliner Sofas Market Overview

Rising demand for luxury furniture and changing patterns in the standard of living have led to advanced growth in recliner sofa market trends. The need for a recliner sofa varies with consumer taste and preferences with add-on features will be one of the factors that will have a positive impact on the market growth of the recliner sofa market. Many manufacturers are directing on the product innovation regarding style, utility and features will boost the claim for a market revenue of recliner sofa sales. Moreover, furniture manufacturers are focusing on innovation of luxury furniture designs with controlled and adjustable power buttons operated to attract clients which are likely to play a major role in recliner sofa market growth in upcoming years.Increase in population and rise in disposable income of consumers has increased the buying power of the consumers, and thus encourage them to spend more on products which provide convenience and comfort to them. Rapid growth in residential construction industry has increased the demand for home furnishing products and changes in buying behavior of consumers to buy luxury and premium products fuel the market demand for recliner sofas. 

Who are the Major Players in Recliner Sofas Market?

The Recliner Sofas Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Hanssem, Aria Furniture, EMONS, Muse Furniture, Man Wah Holdings, La-Z-Boy, Natuzzi Editions, Ashley Furniture, Ekornes,American Leather,Ashley Home Stores Ltd., Christies Home Living, Coaster Fine Furniture, Divano Furniture, Heritage Home Group, Homelegance Inc., Seatcraft and Others.

Recent Developments:

• April 2016: La-Z-Boy, has introduced rechargeable lithium batteries for power recliner sofa. It provides a wireless power option that allows for carefree operation and the flexibility to place power reclining furniture anywhere in a room, without the need to be plugged into a wall outlet.


• July 2014: Man Wah Holdings, announced a product made of an innovative fabric i.e. LEATH-AIRE material named Calf Suede fabric recliner sofa.

What are the major Applications, Types, and Regions for Recliner Sofas Market?

Recliner Sofas Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Single-Seater Recliner Sofas


• Multi-Seater Recliner Sofas


• Manual


• Powered


• Adjustable


• Others

Single-Seater Recliner Sofas have a wide range of applications and is the most widely used type on the market. Single-Seater Recliner Sofas can be used in commercial, rest, home and more. Many people like having matching sofa sets in their living rooms, and you don't have to sacrifice reclining capabilities to get a beautiful set of couches. Multi-Seater Recliner Sofas are ideal for use in the family bedroom and living room.

By Applications, it is segmented into

• Furniture and Furnishings Stores


• Supermarkets


• Online


• Commercial


• Household


• Others

  Material

• Polyester


• Polyvinyl Chloride


• Polyurethane


• Leather


• Others

Market Segmentation by Design

• Causal


• Traditional


• Contemporary


• Others

Recliner Sofas Market Regional Analysis

North America accounts for the major share of the global recliner sofa market. Further, the US dominates the North American region owing to the growing purchasing power of consumers and the rising number of organized retail stores are the driving factors for this market. Advancement of technology and high adaptability of modern designs among young millennials are the heavy factors of recliner sofa. On the other hand, Asia-Pacific holds the important market share for the recliner sofa market due to the adoption of healthier lifestyles among consumers.  

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Recliner Sofas Market report scope?

Scope of the Report covers Recliner Sofas Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Recliner Sofas Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Recliner Sofas Report

• Evaluate Recliner Sofas market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Recliner Sofas market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Recliner Sofas Market is studied from 2017 - 2027.

 What is the growth rate of Recliner Sofas Market?

The Recliner Sofas Market is growing at a CAGR of 6.5% over the next 5 years.

What regions does this Recliner Sofas Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.