NEW YORK, Dec. 8, 2022 /PRNewswire/ -- The recliner sofas market size is projected to grow by USD 8,345.25 million, progressing at a CAGR of 7.32% from 2021 to 2026. By region, the global recliner sofas market is segmented into North America, South America, Europe, APAC, and MEA. North America is estimated to contribute 32% to the growth of the global market over the forecast period. The significant increase in the adoption of recliner sofas by companies such as IKEA, which allows consumers to test furniture products in real-time through Apple iOS 11's ARKit technology, is also expected to help market growth in North America over the forecast period. 

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Recliner sofas Market: Segmentation Analysis

This market research report segments the recliner sofas market by Distribution Channel (Offline and Online), End-User (Residential and Commercial), and Geography (North America, Europe, APAC, South America, and the Middle East, and Africa).

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Buy the report!

Recliner sofas Market: The evolving product ergonomics in terms of style, utility, and features drives the growth

• Evolving product ergonomics, along with enhanced style, utility, and features are key factors driving the global recliner sofas market growth. Given evolving customer preferences in terms of luxury and comfort, there has been a significant increase in new product launches of recliner sofas that focus on their ergonomics along with style, utility, and features. The demand for recliner sofas is strong among the Millennial population, which is driven by the rise in disposable income and the increasing demand for multi-purpose furniture. Encouraged by these factors, vendors operating in the market have started offering modern, traditional, and contemporary styles in recliner sofas. These sofas are modular, motorized, leather recliner sofas with a 2.1A output USB. Moreover, thus, evolving product ergonomics will drive up product prices and enhance the profit margins of vendors and give a fillip to the market.

Recliner sofas Market: Growing adoption of AR to promote recliner sofa sales is the key trend

• The growing adoption of AR to promote recliner sofa sales will fuel the global recliner sofas market growth. AR or Augmented Reality is a technology that is expected to gain prominence in the market. Moreover, IKEA offers an AR app that enables customers to visualize the furniture from home before they make a purchase. The IKEA Place app is available on both Android and iOS platforms. Taking the cue from this trend, various other furniture companies have started offering VR apps to help customers visualize furniture before making purchasing decisions. The growing adoption of visual technologies, including AR and VR apps, is expected to support the market's growth over the forecast period.

 Download our exclusive report on the recliner sofas market covering market challenges, vendor analysis, and growth opportunities

Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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Table of Contents

1 Executive Summary

• 1.1 Market Overview 
• • Exhibit 01: Executive Summary – Chart on Market Overview
  • Exhibit 02: Executive Summary – Data Table on Market Overview
  • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary – Chart on Market by Geography
  • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
  • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
  • Exhibit 07: Executive Summary – Chart on Incremental Growth
  • Exhibit 08: Executive Summary – Data Table on Incremental Growth
  • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market Definition 
• • Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• • Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global recliner sofas market 2017 - 2018 
• • Exhibit 18: Historic Market Size – Data Table on Global recliner sofas market 2017 - 2018 ($ million)

• 4.2 Distribution Channel Segment Analysis 2017 - 2018
• • Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2018 ($ million)

• 4.3 End-User Segment Analysis 2017 - 2018 
• • Exhibit 20: Historic Market Size – End-User Segment 2017 - 2018 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2018 
• • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2018 ($ million)

• 4.5 Country Segment Analysis 2017 - 2018 
• • Exhibit 22: Historic Market Size – Country Segment 2017 - 2018 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• • Exhibit 24: Chart on the Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments 
• • Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• • Exhibit 32: Chart on Comparison by Distribution Channel
  • Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027
• • Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
  • Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
  • Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027
• • Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
  • Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
  • Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel
• • Exhibit 42: Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
  • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• • Exhibit 45: Chart on Comparison by End-user
  • Exhibit 46: Data Table on Comparison by End-user

• 7.3 Residential - Market size and forecast 2022-2027
• • Exhibit 47: Chart on Residential - Market size and forecast 2022-2027 ($ million)
  • Exhibit 48: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
  • Exhibit 49: Chart on Residential - Year-over-year growth 2022-2027 (%)
  • Exhibit 50: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 7.4 Commercial - Market size and forecast 2022-2027
• • Exhibit 51: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
  • Exhibit 52: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
  • Exhibit 53: Chart on Commercial - Year-over-year growth 2022-2027 (%)
  • Exhibit 54: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• • Exhibit 55: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
  • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• • Exhibit 59: Chart on Geographic comparison
  • Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• • Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
  • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027
• • Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
  • Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• • Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 ($ million)
  • Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
  • Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
  • Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
  • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• • Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• • Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• • Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• • Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• • Exhibit 107: Matrix on vendor position and classification

• 12.3 American Leather Operations 
• • Exhibit 108: American Leather Operations - Overview
  • Exhibit 109: American Leather Operations - Product / Service
  • Exhibit 110: American Leather Operations - Key offerings

• 12.4 Ashcomm LLC 
• • Exhibit 111: Ashcomm LLC - Overview
  • Exhibit 112: Ashcomm LLC - Product / Service
  • Exhibit 113: Ashcomm LLC - Key offerings

• 12.5 CHATEAU DAX SPA 
• • Exhibit 114: CHATEAU DAX SPA - Overview
  • Exhibit 115: CHATEAU DAX SPA - Product / Service
  • Exhibit 116: CHATEAU DAX SPA - Key offerings

• 12.6 COA Inc. 
• • Exhibit 117: COA Inc. - Overview
  • Exhibit 118: COA Inc. - Product / Service
  • Exhibit 119: COA Inc. - Key offerings

• 12.7 Dorel Industries Inc. 
• • Exhibit 120: Dorel Industries Inc. - Overview
  • Exhibit 121: Dorel Industries Inc. - Business segments
  • Exhibit 122: Dorel Industries Inc. - Key offerings
  • Exhibit 123: Dorel Industries Inc. - Segment focus

• 12.8 Ekornes Ltd. 
• • Exhibit 124: Ekornes Ltd. - Overview
  • Exhibit 125: Ekornes Ltd. - Product / Service
  • Exhibit 126: Ekornes Ltd. - Key offerings

• 12.9 Franklin Corp. 
• • Exhibit 127: Franklin Corp. - Overview
  • Exhibit 128: Franklin Corp. - Product / Service
  • Exhibit 129: Franklin Corp. - Key offerings

• 12.10 Haverty Furniture Co. Inc. 
• • Exhibit 130: Haverty Furniture Co. Inc. - Overview
  • Exhibit 131: Haverty Furniture Co. Inc. - Product / Service
  • Exhibit 132: Haverty Furniture Co. Inc. - Key offerings

• 12.11 Inter IKEA Holding BV 
• • Exhibit 133: Inter IKEA Holding BV - Overview
  • Exhibit 134: Inter IKEA Holding BV - Product / Service
  • Exhibit 135: Inter IKEA Holding BV - Key news
  • Exhibit 136: Inter IKEA Holding BV - Key offerings

• 12.12 Jackson Furniture Industries 
• • Exhibit 137: Jackson Furniture Industries - Overview
  • Exhibit 138: Jackson Furniture Industries - Product / Service
  • Exhibit 139: Jackson Furniture Industries - Key offerings

• 12.13 LaZBoy Inc. 
• • Exhibit 140: LaZBoy Inc. - Overview
  • Exhibit 141: LaZBoy Inc. - Business segments
  • Exhibit 142: LaZBoy Inc. - Key offerings
  • Exhibit 143: LaZBoy Inc. - Segment focus

• 12.14 Little Nap Designs Pvt. Ltd. 
• • Exhibit 144: Little Nap Designs Pvt. Ltd. - Overview
  • Exhibit 145: Little Nap Designs Pvt. Ltd. - Product / Service
  • Exhibit 146: Little Nap Designs Pvt. Ltd. - Key offerings

• 12.15 Pepperfry Pvt. Ltd. 
• • Exhibit 147: Pepperfry Pvt. Ltd. - Overview
  • Exhibit 148: Pepperfry Pvt. Ltd. - Product / Service
  • Exhibit 149: Pepperfry Pvt. Ltd. - Key offerings

• 12.16 PREMIEREHTS LLC 
• • Exhibit 150: PREMIEREHTS LLC - Overview
  • Exhibit 151: PREMIEREHTS LLC - Product / Service
  • Exhibit 152: PREMIEREHTS LLC - Key offerings

• 12.17 Raymour and Flanigan 
• • Exhibit 153: Raymour and Flanigan - Overview
  • Exhibit 154: Raymour and Flanigan - Product / Service
  • Exhibit 155: Raymour and Flanigan - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• • Exhibit 156: Inclusions checklist
  • Exhibit 157: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• • Exhibit 158: Currency conversion rates for US$

• 13.4 Research methodology 
• • Exhibit 159: Research methodology
  • Exhibit 160: Validation techniques employed for market sizing
  • Exhibit 161: Information sources

• 13.5 List of abbreviations 
• • Exhibit 162: List of abbreviations

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