Recliner Sofa Market is to hit USD 5.65 Bn by 2029 at a CAGR of 4.5 percent – Says Maximize Market Research

Advertisement

Recliner Sofa Market is segmented into Type, use case, material, price, size, Design style, use location, features and Distribution Channel for the analysis of the market. increasing demand for comfortable and customizable furniture, rising disposable income, shifting lifestyles and an aging population are expected to drive the Recliner Sofa Market.

Pune, May 04, 2023 (GLOBE NEWSWIRE) — A global Consumer Goods & Services research and business-consulting firm, Maximize Market Research, has published a market intelligence report on the “Recliner Sofa Market”. The report is a combination of primary data and secondary data and domain expert has analyzed the Recliner Sofa Market from a local as well as a global point of view. Over the forecast period, Maximize Market Research expects, the market to grow from USD 4.15 Bn in 2022 to USD 5.65 Bn in 2029 at a CAGR of 4.5 percent.

Recliner Sofa Market Report Scope and Research Methodology

Advertisement

Market Size in 2022 USD 4.15 Bn.
Market Size in 2029 USD 5.65 Bn.
CAGR 4.5 percent (2023-2029)
Forecast Period 2023-2029
Base Year 2022
Number of Pages 276
No. of Tables 116
No. of Charts and Figures 114
Segment Covered Type, use case, material, price, size, Design style, use location, features and Distribution Channel
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/186984

The report provides a detailed analysis of the data through segments: Type, use case, material, price, size, Design style, use location, features and Distribution Channel and their multiple sub-segments. The bottom-up approach is used to estimate the size of the Recliner Sofa Market. The report involves investment feasibility, growth drivers, opportunities and competitive landscape in major geographic regions such as North America, Asia Pacific, Europe, Middle East and Africa and South America. The report analyses the Bike Trainers Key Competitors through their market size and share, mergers and acquisitions and collaborations happening in the market. The report helps new and existing Recliner Sofa Market Key Players to develop their strategies based on competitive benchmarking included in the report. The data has been collected through primary and secondary research methods. Primary data were gathered from interviews with market leaders and opinions from senior research analysts. Whereas, secondary data were collected from annual reports from the organizations and public records. The Recliner Sofa Market data were later analysed by SWOT analysis, PORTER’s five force model and PESTLE analysis.

Recliner Sofa Market Overview

Recliner Sofa is an armchair that reclines when the occupant lowers the chair back and raises its front. It is an automatic process. It has multiple benefits such as reducing stress, improving your posture, being easy to clean and great while watching T.V.

Get a Sample Copy of the Report : https://www.maximizemarketresearch.com/request-sample/186984

Recliner Sofa Market Dynamics

The more contemporary and luxurious living spaces demand for Recliner Sofa. The Recliner Sofa Market is expected to grow due to increasing demand for comfortable and customizable furniture, changes in lifestyle and increased disposable income. The Recliner Sofa Market possesses some challenges such as the availability of cheaper alternatives and environmental issues such as deforestation and carbon emissions. These factors are expected to limit the growth of the Recliner Sofa Market during the forecast period.

Recliner Sofa Market Regional Insights

Asia Pacific is expected to grow significantly throughout the forecast period (2023-2029). The increased purchasing power of the consumers and the presence of a large working population demands luxurious recliners sofa. These factors have been driving the Asia Pacific Recliner Sofa Market.

North America held the largest share of the Recliner Sofa Market in 2022, as the region is already developed and consumers are always looking for better and luxurious products for their home decoration or others.

Get Customization on this Report for Specific Research Solutions: https://www.maximizemarketresearch.com/request-customization/186984

Recliner Sofa Market Segmentation

By Type:

  • Single-seater recliner Sofa
  • Double-seater recliner Sofa
  • Sectional recliner Sofa

By use case:

  • Relaxing
  • Watching TV
  • Reading
  • Sleeping
  • Gaming        

By material:

  • Leather
  • Fabric
  • Microfiber
  • Faux leather

By price:

  • Budget
  • Mid-Range
  • High end

By size:

  • Small
  • Medium
  • Large

By Design style:

  • Traditional
  • Modern
  • Transitional
  • Contemporary

By use location:

  • Home
  • Office
  • Hotel
  • Others

By features:

  • Power reclines
  • Massage
  • Heating
  • USB charging ports
  • Cup holders

By distribution channel:

  • Specialty Stores
  • Branded Stores
  • Online Channels
  • Discount Stores

Recliner Sofa Key Competitors include:

  • Ashley Furniture Industries (USA)
  • La-Z-Boy Incorporated (USA)
  • Man Wah Holdings Limited (USA)
  • Palliser Furniture (Canada)
  • Southern Motion (USA)
  • Ekornes ASA (Norway)
  • Natuzzi S.p.A (Italy)
  • Himolla Polstermöbel GmbH (Germany)
  • Steinhoff International (South Africa)
  • ROM (Belgium)
  • Man Wah Holdings Limited (China)
  • Kuka Home (China)
  • Home Meridian International (China)
  • HTL International Holdings Limited (Singapore)
  • Yuan Tai Furniture (China)
  • Móveis Linhares (Brazil)
  • Conforto Móveis (Brazil)
  • Móveis Gazin (Brazil)
  • Marfim Moveis (Brazil)
  • Estofados Jardim (Brazil)
  • Grafton Everest (South Africa)
  • Sealy Corporation (South Africa)
  • Roya Furniture (Iran)
  • Shapoorji Pallonji Furniture (India)
  • Intermetal (UAE)

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/186984

Key questions answered in the Recliner Sofa Market are:

  • What is Recliner Sofa Market?
  • What was the Recliner Sofa Market size in 2022?
  • What is the expected Recliner Sofa Market size during the forecast period?
  • What are the global trends in the Recliner Sofa Market?
  • What are the major restraints for the Recliner Sofa Market?
  • Which segment dominated the Recliner Sofa Market growth?
  • What is the demand pattern for the Recliner Sofa Market?
  • What growth strategies are the players considering to increase their presence in Recliner Sofa Market?
  • What are the upcoming industry applications and trends for the Recliner Sofa Market?
  • Who are the leading companies and what are their portfolios in Recliner Sofa Market?
  • Which region dominates the largest market share in Recliner Sofa Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, Organization Size, Application and Industry Vertical
  • Market Segmentation – A detailed analysis by Type, use case, material, price, size, Design style, use location, features, Distribution Channel and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:

Organic Bedding MarketThe market size is expected to reach USD 508.95 Mn by 2029 at a CAGR of 8.35 percent during the forecast period. The market is expected to be driven by Consumers who are becoming more aware of the environmental impact of their purchasing decisions and are increasingly looking for sustainable and eco-friendly options.

Baby Blankets Market The market size is expected to reach USD 150.51 Mn by 2029 at a CAGR of 7.6 percent during the forecast period. The market is expected to be driven by increasing disposable income, growing population and rising consumers awareness about the more conscious of hygienists and comfortless.

Upcycled Denim Products Market The market size is expected to reach USD 663.16 Mn by 2029 at a CAGR of 7.8 percent during the forecast period. The market is expected to be driven by sustainability awareness with increasing awareness about the environmental impact of fast fashion and the textile industry, consumers are seeking out more sustainable options.

Cervical Pillows Market The market size is expected to reach USD 5.09 Bn by 2029 at a CAGR of 4.5 percent during the forecast period. The market is expected to be driven by rising prevalence of neck pain, increasing healthcare spending, and growing disposable income.

Pregnancy Pillow Market The market size is expected to reach USD 781.63 Mn by 2029 at a CAGR of 3.15 percent during the forecast period. The market is expected to be driven by new advancements in technologies and developments in the products and government initiatives about creating awareness about pregnancy products.

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.

CONTACT: Contact Maximize Market Research: 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India [email protected] +91 96071 95908, +91 9607365656

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. AfternoonHeadlines.com takes no editorial responsibility for the same.