Press release
Recliner Sofas Market Is Booming So Rapidly: La-Z-Boy, Koala Living, Natuzzi
Recliner Sofas Market
Key Players in This Report Include: The Sleep Company (India), Urban Ladder (India), La-Z-Boy (United States), Mofit Home (United States), Leon's Furniture (Canada), Ashley Home Store (United States), Koala Living (Australia), Recliners India Private Ltd (India), The Recliner Sofa Factory (China), Natuzzi (Italy), American Leather (United States), Man Wah Holdings Limited (China), Barcalounger (United States), Bassett Furniture (United States), Wood Spa Decors (India).
According to HTF Market Intelligence, the global Recliner Sofas market is valued at USD 24.7 billion in 2024 and is estimated to reach a revenue of USD 41.3 billion by 2031, with a CAGR of 6.6% from 2024 to 2031.
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Definition:
Recliner sofas are upholstered seating furniture designed for enhanced comfort by allowing users to recline the backrest and elevate the footrest. Available in manual and power-operated variants, these sofas serve both residential and commercial settings such as living rooms, theaters, and wellness lounges. With ergonomics and luxury as key selling points, recliners have evolved to include features like massage functions, storage compartments, and smart device integration.
Market Trends:
Smart recliners with USB and Bluetooth, rise of modular recliners, demand for zero-wall space-saving variants, sustainable material integration, and luxury recliners for premium segments.
Market Drivers:
Rise in consumer preference for home comfort, growing aging population requiring ergonomic furniture, increasing adoption in theaters and wellness centers, technological advancements in mechanized designs, and booming real estate interiors market.
Market Opportunities:
Surge in demand for smart homes, expanding hospitality and wellness sectors, customization for niche markets (e.g., RVs, pet-friendly recliners), growth in online furniture retail, and innovations in material tech.
Market Challenges:
High costs limiting affordability, bulky design not suitable for small spaces, complex repair and maintenance, competition from multifunctional sofas, and limited brand differentiation.
Fastest-Growing Region:
Asia-Pacific
Dominating Region:
North America
Market Leaders & Development Strategies:
On 29th April 2024, Hyundai Livart, a South Korean furniture company, launched new sofas and tables. The Recliner Sofa "Cashnut" and Modular Sofa "Grable" for released for the Spring season. Cashew Nut is a recliner sofa with a rounded design with backrests, armrests, and left seats. It is characterized by a comfortable seating experience by using a boucle fabric with a high density and a soft texture. It is easy to manage because it has a water repellent function.
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The Global Recliner Sofas Market segments and Market Data Break Down are illuminated below:
Recliner Sofas Market is Segmented by Type (Manual Recliner Sofas, Power Recliner Sofas) by Material (Leather, Fabric, Synthetic) by Seating Capacity (Single Seater, Two-Seater, Three-Seater, Four-Seater and Above) by End User (Residential, Commercial) by Distribution Channel (Online Retail, Offline Retail) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Recliner Sofas market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Recliner Sofas market by value and volume.
• -To estimate the market shares of major segments of the Recliner Sofas
• -To showcase the development of the Recliner Sofas market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Recliner Sofas market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Recliner Sofas
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Recliner Sofas market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Read Detailed Index of full Research Study: https://www.htfmarketintelligence.com/report/global-recliner-sofas-market
Major highlights from Table of Contents:
Recliner Sofas Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Recliner Sofas market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Recliner Sofas Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Recliner Sofas Market Production by Region Recliner Sofas Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Recliner Sofas Market Report:
• Recliner Sofas Overview, Definition and Classification Market drivers and barriers
• Recliner Sofas Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Recliner Sofas Market
• Recliner Sofas Capacity, Production, Revenue (Value) by Region (2024-2031)
• Recliner Sofas Supply (Production), Consumption, Export, Import by Region (2024-2031)
• Recliner Sofas Production, Revenue (Value), Price Trend by Type {Manual Recliner Sofas, Power Recliner Sofas}
• Recliner Sofas Manufacturers Profiles/Analysis Recliner Sofas Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
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Key questions answered
• How feasible is Recliner Sofas market for long-term investment?
• What are influencing factors driving the demand for Recliner Sofas near future?
• What is the impact analysis of various factors in the Global Recliner Sofas market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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