DUBLIN--(BUSINESS WIRE)--The "Recliner Chair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global recliner chair market reached a value of US$ 3.9 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 5.4 Billion by 2028, exhibiting at a CAGR of 5.57% during 2022-2028.
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
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 Market Segmentation:
The analyst provides an analysis of the key trends in each sub-segment of the global recliner chair market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, seating arrangement, materials, distribution channel and end-users.
Breakup by Product Type:
- Wall Hugging Recliner
- Push Back Recliner
- Massage Recliner
- Riser Recliner
- Others
Breakup by Seating Arrangement:
- Single Seater Recliner
- Multi Seater Recliner
Breakup by Materials:
- Leather
- Fabric
- Others
Breakup by Distribution Channel:
- Furniture and Furnishing Stores
- Hypermarkets
- E-Retailers
- Others
Breakup by End-Users:
- Residential
- Commercial
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- Others
Key Questions Answered in This Report
1. What was the size of the global recliner chair market in 2022?
2. What is the expected growth rate of the global recliner chair market during 2023-2028?
3. What are the key factors driving the global recliner chair market?
4. What has been the impact of COVID-19 on the global recliner chair market?
5. What is the breakup of the global recliner chair market based on the product type?
6. What is the breakup of the global recliner chair market based on the seating arrangement?
7. What is the breakup of the global recliner chair market based on materials?
8. What is the breakup of the global recliner chair market based on the distribution channel?
9. What is the breakup of the global recliner chair market based on the end-users?
10. What are the key regions in the global recliner chair market?
11. Who are the key players/companies in the global recliner chair market?
For more information about this report visit https://www.researchandmarkets.com/r/15e7rk
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