Recliner Sofa Market Size to Reach Revenues of over $33 Billion by 2024 – Arizton

(ABNewswire via Comtex)

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.

 

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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

 

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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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