Reclining Sofas Market Share 2022: Global Trends, Key Players, Industry Analysis and Forecast to 2028

The global reclining sofas market is anticipated to grow at a CAGR of 5.5% during the forecast period (2022-2028).

It is an adjustable cushioned armchair, which has a backrest that can be tilted back and a footrest that can be extended by a lever attached to the chair or may appear automatically when the chair's back is reclined. It is the most comfortable armchair that comes with many advanced features such as an adjustable headrest, heat massage, vibration, lumbar support, and others, which improve its overall experience. In addition, the reclining sofas market is growing during the forecast period owing to the rising residential construction and the rise in disposable income of consumers.

(Get 15% Discount on Buying this Report)
A full report of Global Reclining Sofas Market is available at: https://orionmarketreports.com/reclining-sofas-market/109987/

The rapid growth in the residential construction industry has increased the demand for home furnishing products and changed in purchasing behavior of consumers to buy luxury and premium products to enhance their lifestyle and living standard. These are some factors that propel the growth of the global reclining sofas market during the forecast period. Moreover, technological advancements in the home furnishing industry such as augmented reality, 3D rendering, and computer vision, the rising number of online distribution channels along with rapid growth of the tourism sector as well as the hospitality sector are some factors that boost the growth of the global reclining sofas market during the forecast period.

Additionally, by control, the power segment is expected to hold significant share in the market during the forecast period owing to its features such as a power headrest, storage drawer, USB charging points, and attached audio and Bluetooth speakers. Further, drop-down tables, LED touch reading lights, wireless charging pads, and cooling cup holders are some of the added luxuries that are becoming trending in the market.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Design
o By Material
o By Control
o By End-User
o By Sales Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Ashley Furniture Industries, Heritage Home Group, and Inter IKEA Systems B.V., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Reclining Sofas Market Report by Segment

By Type
• Single-Seater
• Multi-Seater

By Design
• Causal
• Traditional
• Contemporary
• Others

By Material
• Polyester
• Polyvinyl Chloride
• Polyurethane
• Leather
• Fabric
• Others

By Control
• Power
• Manual

By End-User
• Domestic
• Corporate
• Others

By Sales Channel
• Specialty Stores
• Hypermarkets and Supermarkets
• Branded Stores
• Online Channels
• Multi-Brand Stores
• Others

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.