Electric Riser Recliner Chair Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The electric riser recliner chair market has experienced significant growth in recent years, driven by an aging global population, increasing prevalence of mobility-related health issues, and a growing demand for comfort and convenience in seating solutions. This article delves into the key market insights, trends, and future outlook of the electric riser recliner chair industry, providing a comprehensive understanding of its current state and potential developments.
Electric riser recliner chairs are specialized furniture designed to assist individuals, particularly the elderly and those with mobility challenges, in transitioning between sitting and standing positions. These chairs are equipped with electric motors that enable users to adjust the chair's position effortlessly, enhancing comfort and independence.
As of 2023, the global electric riser recliner chair market was valued at approximately USD 2.5 billion and is projected to reach around USD 4.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.2% during the forecast period. This growth is attributed to several factors, including the aging population, rising prevalence of musculoskeletal disorders, and technological advancements in chair design and functionality.
Several factors are contributing to the growth of the electric riser recliner chair market:
Aging Population: The global demographic shift towards an older population is a significant driver. According to the World Health Organization (WHO), the global population aged 60 years and above is expected to total 2 billion by 2050, up from 900 million in 2015. This increase is leading to a higher demand for products that enhance comfort and mobility, such as electric riser recliner chairs.
Prevalence of Musculoskeletal Disorders: Conditions like arthritis and chronic back pain are becoming more common, necessitating supportive seating solutions. Electric riser recliner chairs provide adjustable seating positions and targeted support, alleviating pain and discomfort associated with these conditions.
Technological Advancements: Innovations such as remote-controlled operations, battery backup, and customizable settings are making these chairs more user-friendly and attractive to consumers. The integration of smart technologies, including IoT and AI, is expected to offer new opportunities for market expansion.
The electric riser recliner chair market can be segmented based on product type, application, distribution channel, end-user, and region:
Product Type:
Single Motor: Chairs with a single motor that control both the reclining and lifting functions.
Dual Motor: Chairs with separate motors for reclining and lifting, offering more independent control.
Triple Motor: Advanced chairs with three motors, providing enhanced adjustability and comfort.
Application:
Residential: Used in homes to assist individuals with mobility challenges.
Commercial: Utilized in healthcare facilities, nursing homes, and other commercial settings.
Healthcare: Specifically designed for medical environments, offering features tailored to patient needs.
Distribution Channel:
Online Stores: E-commerce platforms offering a wide range of options.
Specialty Stores: Retailers specializing in mobility and healthcare products.
Supermarkets/Hypermarkets: Large retail chains providing accessibility to a broader audience.
Others: Includes direct sales, catalogs, and other distribution methods.
End-User:
Elderly: The primary demographic benefiting from enhanced mobility and comfort.
Disabled: Individuals with disabilities requiring supportive seating solutions.
Others: Includes individuals recovering from surgery or those seeking enhanced comfort.
Region:
North America: Dominated by the U.S. and Canada, with a significant elderly population and high healthcare expenditure.
Europe: Includes countries like Germany, the UK, and France, with strong healthcare systems and aging demographics.
Asia Pacific: Rapid urbanization and increasing healthcare awareness are driving market growth in countries like China, Japan, and India.
Latin America: Emerging markets with growing healthcare infrastructure and awareness.
Middle East & Africa: Developing regions with increasing healthcare needs and infrastructure development.
The electric riser recliner chair market is characterized by the presence of several key players:
Golden Technologies: Known for a wide range of mobility products, including electric riser recliners.
Pride Mobility: Offers innovative designs and advanced features in their recliner chairs.
Himolla: Renowned for high-quality, customizable seating solutions.
La-Z-Boy: A well-established brand offering comfort-focused recliner chairs.
Best Home Furnishings: Provides a variety of styles and functionalities in their recliner offerings.
Franklin Corporation: Known for durable and comfortable recliner chairs suitable for various needs.
Jackson Furniture: Offers a range of recliners with modern designs and features.
Palliser: Provides customizable recliner chairs with a focus on quality and comfort.
Ashley Furniture: A leading furniture manufacturer offering a variety of recliner options.
Flexsteel Industries: Known for durable and comfortable recliner chairs with innovative designs.
Repose Furniture: Specializes in riser recliner chairs with a focus on comfort and support.
Southern Motion:
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Who are the largest Global manufacturers in the Electric Riser Recliner Chair industry?
Golden Technologies
Pride Mobility
Himolla
La-Z-Boy
Best Home Furnishings
Franklin Corporation
Jackson Furniture
Palliser
Ashley Furniture
Flexsteel Industries
Repose Furniture
Southern Motion
UltraComfort America
England Furniture
Hooker Furniture
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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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What are the factors driving the growth of the Global Electric Riser Recliner Chair Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Riser Recliner Chair Market
Home
Nursing Home
Others
What are the types of Electric Riser Recliner Chair available in the Market?
Based on Types the Market is categorized into Below types that held the largest Electric Riser Recliner Chair market share In 2023.
Multifunctional Riser Chair
Common Riser Chair
Which regions are leading the Global Electric Riser Recliner Chair Market?
Global (United States, Global 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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Detailed TOC of Global Electric Riser Recliner Chair Market Research Report, 2024-2032
1. Introduction of the Global Electric Riser Recliner Chair 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 Electric Riser Recliner Chair Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Riser Recliner Chair Market, By Type
6. Global Electric Riser Recliner Chair Market, By Application
7. Global Electric Riser Recliner Chair Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Riser Recliner Chair Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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