Global Electric Recliner Market to Grow from USD 5.68 Billion in 2023 to USD 8.31 Billion by 2030 at 5.6% CAGR - Electric Recliner Market Forecast

According to a new report by Maximize Market Research, the global Electric Recliner Market was valued at USD 5.68 billion in 2023 and is projected to reach USD 8.31 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.6% over the period. Key growth drivers include increasing preferences for motorised and adjustable furniture in home and entertainment settings, and rising consumer spend on premium home-furnishing products.

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Key Highlights
Market Size & CAGR: USD 5.68 billion in 2023; forecast USD 8.31 billion by 2030; CAGR ~5.6%.

Leading Regional Share: Europe currently holds the largest share, driven by demand for high-end, customised electric recliners.

Fastest-Growing Region: Asia-Pacific expected to show the fastest growth through the forecast period, thanks to rising incomes, home-furnishing adoption and growth of e-commerce.

Key Growth Drivers: Growing dual-income households increasing disposable income; consumers spending more on home comfort & furniture; online retail growth facilitating access to electric recliners.

Restraints / Challenges: Higher price point relative to manual recliners; manufacturing and logistic costs; penetration still moderate in certain developing markets.

Major Players: Important companies active in this space include La‐Z‐Boy, Ashley Furniture Industries, Ekornes ASA, AM Furniture, and Palliser Furniture.

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Market Outlook
Product Type & Design Segmentation
The market is segmented by Product Type (e.g., Home Theatre Recliners, Multiplex Recliners, Living Room Recliners, Sofa Lounger Recliners, Massage Recliners) and by Design (Casual, Traditional, Contemporary). For example, massage-function electric recliners and home-theatre recliner types are gaining traction due to luxury and comfort trends.

Distribution Channels & Trends
The report highlights that Online Channels are among the fastest-growing distribution paths, as consumers increasingly purchase furniture digitally. Offline channels such as specialty stores, branded stores, supermarkets/hypermarkets remain important for large-ticket furniture items requiring showroom experience.

End-Use & Consumer Behavior
Growth is supported by urbanisation, higher disposable income, desire for premium home furnishings, aging populations (who prefer motorised recliners for comfort/assisted seating), and lifestyle changes tied to home-entertainment upgrades (e.g., home-theatre setups). The move-towards "smart" or motorised furniture adds value.

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Regional Insights
Europe: Currently leads in market share due to high penetration of premium furniture, customisation demand and high consumer purchasing power.

Asia-Pacific: Identified as the fastest growing region, due to improving living standards, rising e-commerce furniture sales and domestic manufacturing presence in China, India and other countries.

North America: Holds a meaningful share, supported by strong brand presence, home-comfort trends, older demographics, and large home-theatre installations.

Other Regions (Middle East & Africa, Latin America): Emerging markets offer growth potential, though they may lag due to lower consumer familiarity and higher price sensitivity.

Quote
"Electric recliners are shifting from niche luxury products into mainstream home-furnishing purchases," said a senior analyst at Maximize Market Research. "With a projected CAGR of around 5.6% through 2030, manufacturers and retailers who can offer cost-effective, stylish motorised recliners and leverage online retail channels are likely to gain competitive advantage."

◉About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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