DUBLIN--(BUSINESS WIRE)--The "Recliner Chair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global recliner chair market reached a value of US$ 3.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 5.1 Billion by 2027, exhibiting a CAGR of 5.5% during 2022-2027.
Companies Mentioned
- 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.
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor
A recliner stands for an upholstered armchair with an adjustable back that reclines, providing an ergonomic sitting position for the occupant. The chair includes adjustable headrest and armrests, inbuilt support system, and attached angular footrest that adjusts with the positioning of occupant's legs. Some of the recliner chairs also comprise of additional features, such as heating nodes, pain-relieving/ massage motors, bar fridge, USB charging, and Bluetooth speakers, among others. The chair holds several health benefits as it helps in reducing back pain, de-stressing, relieving joint aches, minimizing pressure on heart and lungs, improving blood circulation, and providing relaxation. Owing to these benefits, recliner chairs are widely used in different applications across diverse sectors, such as hospitality, healthcare, residential, retail, and commercial
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
Key Questions Answered in This Report:
- 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 has been the impact of COVID-19 on the global recliner chair market?
- 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:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Recliner Chair Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
7 Market Breakup by Seating Arrangement
8 Market Breakup by Materials
9 Market Breakup by Distribution Channel
10 Market Breakup by End-Users
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/9y9gpb
