The global recliner sofa market size is expected to reach revenues of over $33 billion by 2024, growing at a CAGR of more than6% during 2019–2024.
The rising trend of fully furnished apartments is changing the industry landscape and driving the transformation of the global recliner sofa market. Millennials and baby boomers are now focusing on renting furniture that helps them embrace a “hands-free” lifestyle of mobility and adventure. Furnished apartments offer that solution and match the latest trends of modern furniture styles as desired by the end-users.
The global recliner sofa market is driven by the surge in the middle-class median income, their expenditure trend, home furnishing needs, and the demand for premium furniture. The boom of commercial office space and new corporate offices in developed and emerging economies will fuel the growth of the market. The market research report provides in-depth market analysis and segmental analysis of the global recliner sofa market by type, design, material, control, distribution, end-user, and geography.
The report considers the present scenario of the global recliner sofa market and its market dynamics for the period 2019−2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market.
Recliner Sofa Market – Vendor Profiles
Major Vendors
- Ashley Furnitures Industries
- Man Wah Holdings
- La-Z-Boy
- Steinhoff International
Prominent Players
- American Leather
- Anji Jinkun Furniture Co., Ltd.
- Ekornes ASA
- Haverty Furniture Companies
- Jackson Furniture Industries
- Jaymar
- Klaussner Home Furnishings
- Natuzzi
Recliner Sofa Market – Segmentation
Market Segmentation by Type
- Single-Seater
- Multi-Seater
Market Segmentation by Design
- Causal
- Traditional
- Contemporary
- Others
Market Segmentation by Material
- Leather
- Fabric
- Others
Market Segmentation by Control
- Power
- Manual
Market Segmentation by End-user
- Domestic
- Corporate
- Others
Market Segmentation by Distribution
- Specialty Stores
- Supermarkets & Hypermarkets
- Branded Stores
- Online Channels
- Discount Stores
- Others
Market Segmentation by Geography
- North America
- US
- Canada
- APAC
- China
- Japan
- South Korea
- Europe
- Germany
- France
- UK
- Latin America
- Brazil
- Mexico
- MEA
- GCC
- South Africa
Recliner Sofa Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by Control Type
4.3.3 Market Segmentation by Distribution Channels
4.3.4 Market Segmentation by End-user Type
4.3.5 Market Segmentation by Design
4.3.6 Market Segmentation by Material Type
4.3.7 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Growing demand for luxury and premium sofas
8.1.2 Burgeoning middle-class population
8.1.3 Rapid urbanization
8.1.4 Growing demand for fully furnished apartments
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 Impact of Market Growth Enablers on Regions
8.2 Market Growth Restraints
8.2.1 Changing consumer preferences and lifestyles
8.2.2 Volatility in raw material prices and increased labor costs
8.2.3 Threat from substitutes and low penetration
8.2.4 YOY Impact of Market Growth Restraints
8.2.5 Impact of Market Growth Restraints on Regions
8.3 Market Opportunities & Trends
8.3.1 Increasing investment in construction and real-estate sectors
8.3.2 Innovative marketing and promotional methods
8.3.3 Increasing adoption of online distribution channels
8.3.4 Growing tourism and hospitality industries
8.3.5 Impact of Market Opportunities & Trends on Regions
9 Global Recliner Sofa Market
9.1 Market Overview
9.2 Market Size & Forecast 2018–2024
9.3 Porter’s Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 By End-Users
10.1 Market Overview
10.2 Domestic
10.2.1 Market Size & Forecast
10.2.2 By Geography
10.3 Corporates
10.3.1 Market Size & Forecast
10.3.2 By Geography
10.4 Others
10.4.1 Market Size & Forecast
10.4.2 By Geography
11 By Material
11.1 Market Overview
11.2 Leather
11.2.1 Market Size & Forecast
11.2.2 By Geography
11.3 Fabric
11.3.1 Market Size & Forecast
11.3.2 By Geography
11.4 Others (Faux Leather, Micro-fiber, and Vinyl)
11.4.1 Market Size & Forecast
11.4.2 By Geography
12 By Control Type
12.1 Market Overview
12.2 Power Recliner Sofas
12.2.1 Market Size & Forecast
12.2.2 By Geography
12.3 Manual recliner sofas
12.3.1 Market Size & Forecast
12.3.2 By Geography
13 By Design
13.1 Market Overview
13.1.1 Market Size & Forecast
13.2 Casual Style
13.2.1 Market Size & Forecast
13.2.2 By Geography
13.3 Traditional Style
13.3.1 Market Size & Forecast
13.3.2 By Geography
13.4 Contemporary Style
13.4.1 Market Size & Forecast
13.4.2 By Geography
13.5 Other Styles
13.5.1 Market Size & Forecast
13.5.2 By Geography
14 By Seat Type
14.1 Market Overview
14.2 Single-Seater
14.2.1 Market Size & Forecast
14.2.2 By Geography
14.3 Multi-Seater
14.3.1 Market Size & Forecast
14.3.2 By Geography
15 By Distribution Channel
15.1 Market Overview
16 By Geography
16.1 Market Overview
17 North America
17.1 Market Size & Forecast 2018–2024
17.2 Key Countries
17.2.1 US: Market Size & Forecast
17.2.2 Canada: Market Size & Forecast
17.3 Market Segmentation by end-users
17.3.1 Market Size & Forecast
17.4 Market Segmentation by Material
17.4.1 Market Size & Forecast
17.5 Market Segmentation by control type
17.5.1 Market Size & Forecast
17.6 Market Segmentation by design
17.6.1 Market Size & Forecast
17.7 Market Segmentation by seat type
17.7.1 Market Size & Forecast
17.8 Key Market Trend, Enabler, & Restraint
18 APAC
18.1 Market Size & Forecast 2018–2024
18.2 Key Countries
18.2.1 China: Market Size & Forecast
18.2.2 Japan: Market Size & Forecast
18.2.3 South Korea: Market Size & Forecast
18.3 Market Segmentation by end-users
18.3.1 Market Size & Forecast
18.4 Market Segmentation by Material
18.4.1 Market Size & Forecast
18.5 Market Segmentation by control type
18.5.1 Market Size & Forecast
18.6 Market Segmentation by design
18.6.1 Market Size & Forecast
18.7 Market Segmentation by seat type
18.7.1 Market Size & Forecast
18.8 Key Market Trend, Enabler, & Restraint
19 Recliner Sofa Market in Europe
19.1 Market Size & Forecast 2018–2024
19.2 Key Countries
19.2.1 Germany: Market Size & Forecast
19.2.2 France: Market Size & Forecast
19.2.3 UK: Market Size & Forecast
19.3 Market Segmentation by end-users
19.3.1 Market Size & Forecast
19.4 Market Segmentation by Material
19.4.1 Market Size & Forecast
19.5 Market Segmentation by control type
19.5.1 Market Size & Forecast
19.6 Market Segmentation by design
19.6.1 Market Size & Forecast
19.7 Market Segmentation by seat type
19.7.1 Market Size & Forecast
19.8 Key Market Trend, Enabler, & Restraint
20 Latin America
20.1 Market Size & Forecast 2018–2024
20.2 Key Countries
20.2.1 Brazil: Market Size & Forecast
20.2.2 Mexico: Market Size & Forecast
20.3 Market Segmentation by end users
20.3.1 Market Size & Forecast
20.4 Market Segmentation by Material
20.4.1 Market Size & Forecast
20.5 Market Segmentation by control type
20.5.1 Market Size & Forecast
20.6 Market Segmentation by design
20.6.1 Market Size & Forecast
20.7 Market Segmentation by seat type
20.7.1 Market Size & Forecast
20.8 Key Market Trend, Enabler, & Restraint
21 Middle-East & Africa
21.1 Market size & forecast 2018–2024
21.2 Key Countries
21.2.1 GCC: Market Size & Forecast
21.2.2 South Africa: Market Size & Forecast
21.3 Market Segmentation by end users
21.3.1 Market Size & Forecast
21.4 Market Segmentation by Material
21.4.1 Market Size & Forecast
21.5 Market Segmentation by control type
21.5.1 Market Size & Forecast
21.6 Market Segmentation by design
21.6.1 Market Size & Forecast
21.7 Market Segmentation by seat type
21.7.1 Market Size & Forecast
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