DUBLIN--(BUSINESS WIRE)--The "Recliner Chair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global recliner chair market grew at a CAGR of 8.8% during 2014-2019. Looking forward, the market is expected to continue its moderate growth during the next five years.
The rising demand for recliner chairs can be attributed to the growing consumer inclination towards high-end luxury and comfort furniture, particularly among the urbanized and millennial population, across the globe. Moreover, the high prevalence of hectic and busy consumer lifestyles has led to high-stress levels and other severe health conditions, such as back/neck pain, inflammation, joint aches, high blood pressure, etc. Owing to this, there is a bolstering demand for recliner chairs for minimizing body pain, reducing pressure levels, and relieving stress.
Various technological upgradations, coupled with the rising investments in R&D activities, have resulted in product innovations pertaining to utility, features, and style. In addition to this, several advancements in the reclining technology have led to the introduction of luxury designs with controlled and adjustable power buttons. Additionally, rapid digitalization, along with the rising integration of recliner chairs with smart devices, is also catalyzing the product demand, globally.
Moreover, the wide availability of recliner chairs across several distribution channels which include online and offline stores, advent of customized recliner chairs, growing geriatric population, high adaptability of modern designs, and rising expenditures on luxury indoor furniture, are some of the other factors that will continue to fuel the growth of the global recliner chair market in the forthcoming years.
The competitive landscape of the industry has also been examined with some of the key players being American Leather, Anji Jinkun Furniture, Ashley Home Stores, Ltd., Ekornes ASA, Heritage Home Group, Inter IKEA Systems B.V, La-Z-Boy Incorporated, Macy's, Man Wah Holdings Limited, Natuzzi S.p.A, Steinhoff International Holdings, Williams-Sonoma, Inc.
Key Questions Answered
- How has the global recliner chair market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the seating arrangement?
- What is the breakup of the market based on the materials?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the end users?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global recliner chair market and who are the key players?
- What is the degree of competition in the market?
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Recliner Chair Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Product Type
6.1 Wall Hugging Recliner
6.2 Push Back Recliner
6.3 Massage Recliner
6.4 Riser Recliner
7 Market Breakup by Seating Arrangement
7.1 Single Seater Recliner
7.2 Multi Seater Recliner
8 Market Breakup by Materials
9 Market Breakup by Distribution Channel
9.1 Furniture & Furnishing Stores
10 Market Breakup by End-Users
11 Market Breakup by Region
11.1 North America
11.4 Latin America
11.5 Middle East and Africa
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
- American Leather
- Anji Jinkun Furniture
- Ashley Home Stores Ltd.
- Ekornes ASA
- Heritage Home Group
- Inter IKEA Systems B.V.
- La-Z-Boy Incorporated
- Man Wah Holdings Limited
- Natuzzi S.p.A.
- Steinhoff International Holdings
- Williams-Sonoma Inc.
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