Recliner Chair & Armchair Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.2% from 2026 to 2033, reaching USD 2.3 Billion by 2033.
In 2022, the global recliner chair and armchair market was valued at USD 45.3 billion, with projections indicating growth to USD 63.2 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. North America led the market, with the United States contributing significantly due to high disposable incomes and a preference for comfort driven furniture. The U.S. market alone was valued at over USD 3 billion in 2020 and is expected to grow at a CAGR of 6.1% by 2026. Europe followed, with key markets in Germany, the UK, and France, where demand for high quality, durable furniture is increasing. The Asia Pacific region, particularly China and India, is experiencing rapid growth driven by rising disposable incomes and urbanization. The Asia Pacific recliner chairs market is projected to grow at a CAGR of 7.7% during the forecast period from 2020 to 2027. The Middle East and Africa region is also expanding, especially in the hospitality and healthcare sectors.Opportunities in the market include the development of eco friendly and sustainable recliner chairs, catering to environmentally conscious consumers. Additionally, integrating smart technology and IoT features, such as voice control and app connectivity, can enhance user experience and appeal to tech savvy customers. Expanding into emerging markets like Asia Pacific and Latin America offers significant potential due to the growing middle class and increased consumer spending on home furnishings. However, challenges include the high cost of premium recliner chairs, which may limit adoption among price sensitive consumers, and the presence of counterfeit products that can affect brand reputation.
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Ashley Furniture Industries
Heritage Home Group
La-Z-Boy
Man Wah Holdings
Steinhoff International
American Leather
Ekornes
Macy’s
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Recliner Chair & Armchair Market
Manual Recliner Chairs
Power Recliner Chairs
Lift Recliner Chairs
Massage Recliner Chairs
Swivel Recliner Chairs
Leather
Fabric
Microfiber
Vinyl
Wood Frame
Traditional Recliner Chairs
Contemporary Recliner Chairs
Mid-Century Modern Recliner Chairs
Ergonomic Recliner Chairs
Convertible Recliner Chairs
Standard Recliner
Zero Gravity Recliner
Recliner with Cup Holders
Recliner with USB Charging Ports
Recliner with Storage Compartments
General Consumers
Elderly Population
Pregnant Women
Individuals with Disabilities
Home Theater Enthusiasts
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Recliner Chair & Armchair Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Recliner Chair & Armchair Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Recliner Chair & Armchair Market, By Type
6. Global Recliner Chair & Armchair Market, By Application
7. Global Recliner Chair & Armchair Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Recliner Chair & Armchair Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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