Press release
Recliner Sofa Market, Valued at USD 4.15 Billion in 2023, Projected to Reach USD 5.65 Billion by 2029
Recliner Sofa Market
The comprehensive report on the recliner sofa market provides a detailed analysis of the industry, including market trends, competitive benchmarking, and the past, current, and forecasted market size. The report evaluates potential key players, technological advancements, and the impact of micro-economic factors on the market. It also examines external and internal factors that influence the market. The report incorporates research methodologies such as market and trend analysis, SWOT and Porter's Five Forces analyses, as well as primary research through surveys, interviews, and focus groups with industry stakeholders.
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What are Recliner Sofa Market Dynamics?
Recliner sofas have gained popularity as a preferred seating option for consumers, providing comfort and customization for residential settings. Factors such as rising disposable income, changing preferences, and an ageing population have driven market growth. The availability of recliner sofas in various designs, functionalities, and materials, along with the growth of the travel and tourism industry, has contributed to market expansion. However, fluctuating raw material costs and high product prices are challenges that may impact market growth. Additionally, the energy consumption of power-based recliner sofas poses certain limitations to market growth.
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What is Recliner Sofa Market Segmentation?
by Type
• Single-seater recliner Sofa
• Double-seater recliner Sofa
• Sectional recliner Sofa
by use case
• Relaxing
• Watching TV
• Reading
• Sleeping
• Gaming
by material
• Leather
• Fabric
• Microfiber
• Faux leather
by price
• Budget
• Mid-Range
• High end
by size
• Small
• Medium
• Large
by Design style
• Traditional
• Modern
• Transitional
• Contemporary
by use location
• Home
• Office
• Hotel
• Others
by features
• Power reclines
• Massage
• Heating
• USB charging ports
• Cup holders
by distribution channel
• Specialty Stores
• Branded Stores
• Online Channels
• Discount Stores
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Who are Recliner Sofa Market Key Players?
Ashley Furniture Industries (USA)
La-Z-Boy Incorporated (USA)
Man Wah Holdings Limited (USA)
Palliser Furniture (Canada)
Southern Motion (USA)
Ekornes ASA (Norway)
Natuzzi S.p.A (Italy)
Himolla Polstermöbel GmbH (Germany)
Steinhoff International (South Africa)
ROM (Belgium)
Man Wah Holdings Limited (China)
Kuka Home (China)
Home Meridian International (China)
HTL International Holdings Limited (Singapore)
Yuan Tai Furniture (China)
Móveis Linhares (Brazil)
Conforto Móveis (Brazil)
Móveis Gazin (Brazil)
Marfim Moveis (Brazil)
Estofados Jardim (Brazil)
Grafton Everest (South Africa)
Sealy Corporation (South Africa)
Roya Furniture (Iran)
Shapoorji Pallonji Furniture (India)
Intermetal (UAE)
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Table of content for the Recliner Sofa Market includes:
1. Global Recliner Sofa Market: Research Methodology
2. Global Recliner Sofa Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Recliner Sofa Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Recliner Sofa Market Segmentation
• Global Market, by Type (2021-2029)
• Global Market, by use case (2021-2029)
• Global Market, by material (2021-2029)
• Global Market, by price (2021-2029)
• Global Market, by size (2021-2029)
• Global Market, by Design style (2021-2029)
• Global Market, by use location (2021-2029)
• Global Market, by features (2021-2029)
• Global Market, by distribution channel (2021-2029)
5. Regional Recliner Sofa Market (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by use case (2021-2029)
• Regional Market, by material (2021-2029)
• Regional Market, by price (2021-2029)
• Regional Market, by size (2021-2029)
• Regional Market, by Design style (2021-2029)
• Regional Market, by use location (2021-2029)
• Regional Market, by features (2021-2029)
• Regional Market, by distribution channel (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.maximizemarketresearch.com/market-report/recliner-sofa-market/186984/
Regional Insights:
Currently, the largest market for recliner sofas is in North America, followed by Europe and Asia-Pacific. The North American market is driven by the rising demand for comfortable and customized furniture, driven by an ageing population. In Europe, the market is influenced by the trend of home renovation and remodelling. The Asia-Pacific region is expected to experience substantial growth due to increasing urbanization and rising disposable income.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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