Recliner Sofas Market to Showcase High Growth; to cross USD 51.9 BN Mark by 2027
Posted On February 09, 2021
During the period of 2020-2027 it is expected that the Global Recliner Sofas Market will showcase a CAGR of 9.75%. The market is foreseen to reach USD 51.9 BN by 2027 as stated in the published market study by Value Market Research. Recliner sofas are unique kinds of sofas designed for maximum comfort and relaxation. High income and increased spending on premium quality home furnishings will be the critical drivers for this market’s growth, especially among the urban population. Better living standards and raising awareness about the importance of health, wellness, and relaxation of the mind and body will be a market booster. Improvements in advertising and distribution through online portals and retail will benefit market growth. Technological advancements and the introduction of innovative products in the home furnishings industry will further propel market growth. The high costs and larger space occupancy are some of the barriers hampering the market.
Recliner sofas are those which recline by tilting the backrest while raising the footrest. The bodyweight of the occupants enables further adjustment for maximum comfort and relaxation. Though these sofas vary in design and mechanism, most recliners are equipped with a headrest, footrest, and lumbar support. These sofas are best suited for people who need additional back support. These sofas help to relieve aching muscles, stiff joints, and promote good circulation. The recliner is a versatile furniture that can be used as a bed as well. They are available in manual and electric versions. The electric ones are good for people who need extra help reclining.
The initial sections of the report "Global Recliner Sofas Market Report By Product Type (Single-Seater, Multi-Seater), By Material (Polyester, Polyvinyl Chloride, Polyurethane, Leather, Others (Faux Leather, Velvet Etc.), By Distribution Channel (Online (Company Owned Portals And E-Commerce Portals), Offline(Supermarkets & Hypermarkets, Specialty Stores, Other Retail-Based Stores) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The recliner sofas market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of Product Type the market is segmented into Single-Seater, Multi-Seater. By Material the recliner sofas market is categorised as Polyester, Polyvinyl Chloride, Polyurethane, Leather, Others (Faux Leather, Velvet etc.).By Distribution Channel the recliner sofas market is categorised as Online (Company Owned Portals and E-Commerce Portals), Offline(Supermarkets & Hypermarkets, Specialty Stores, Other Retail-based Stores). The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.
The Report Segments Global Recliner Sofas Market -
By Product Type
- Polyvinyl Chloride
- Others (Faux Leather, Velvet etc.)
By Distribution Channel
- Online (Company Owned Portals and E-Commerce Portals)
- Offline(Supermarkets & Hypermarkets, Specialty Stores, Other Retail-based Stores)
- North America
- the Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
Ashley Furniture Industries, Heritage Home Group, La-Z-Boy, Man Wah Holdings, Inter IKEA Systems B.V, American Leather, Natuzzi and Williams-Sonoma, American Signature, Inc., Christie's Home Living, Coaster Fine Furniture, Divano Furniture, Heritage Home Group, Homelegance, Inc., La-Z-Boy Incorporated, and Seatcraft.
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