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June 1, 2022, 3:51 a.m. EDT

Recliner Chair Market Report 2022: Global Size, Share, Trends And Forecast 2027

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Jun 01, 2022 (SUPER MARKET RESEARCH via COMTEX) -- According to the latest report by IMARC Group, titled "Recliner Chair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global recliner chair market reached a value of US$ 3.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.1 Billion by 2027, exhibiting at a CAGR of 5.5% during 2022-2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

A recliner chair is an upholstered armchair with an adjustable backrest to provide an ergonomic sitting position for the occupants. It is gaining traction among individuals across the globe as it provides relief from shoulder pain significantly. It is widely utilized in the hospitality, healthcare, retail and commercial sectors. At present, it is offered in three categories, which include pushback, manual lever and motorized.

Request Free Sample Report: https://www.imarcgroup.com/recliner-chair-market/requestsample

The escalating demand for recliner chairs can be attributed to the growing consumer inclination toward high-end luxury and comfort furniture, especially among the millennial population. Apart from this, changing lifestyles, improving standards of living and increasing disposable incomes are strengthening the market growth. Furthermore, several key players are adopting innovative strategies, such as virtual and augmented reality (VR and AR) applications, which assist individuals in visualizing furniture items before their purchase. This is projected to create a positive outlook for the market growth in the upcoming years.

Ask Analyst and Browse Full Report with TOC & List of Figure: http://bit.ly/2v4chwT

List of Key Companies Covered in this Market Report:

American Leather
Anji Jinkun Furniture
Ashley Home Stores, Ltd.
Ekornes ASA
Heritage Home Group
Inter IKEA Systems B.V
La-Z-Boy Incorporated /zigman2/quotes/202858913/composite LZB -4.04%
Macy's /zigman2/quotes/201854387/composite M -6.66%
Man Wah Holdings Limited (hkg:1999)
Natuzzi S.p.A /zigman2/quotes/206283720/composite NTZ -4.54%
Steinhoff International Holdings (jse:SNH)
Williams-Sonoma /zigman2/quotes/202067350/composite WSM -4.20%

Key Segments of the Report:

Breakup by Product Type:

Wall Hugging Recliner
Push Back Recliner
Massage Recliner
Riser Recliner
Others

Breakup by Seating Arrangement:

Single Seater Recliner
Multi Seater Recliner
Others

Breakup by Materials:

Leather
Fabric
Others

Breakup by Distribution Channel:

Furniture and Furnishing Stores
Hypermarkets
E-Retailers
Others

Breakup by End-Users:

/zigman2/quotes/202858913/composite
US : U.S.: NYSE
$ 27.77
-1.17 -4.04%
Volume: 366,189
Aug. 9, 2022 4:00p
P/E Ratio
8.15
Dividend Yield
2.38%
Market Cap
$1.26 billion
Rev. per Employee
$184,126
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/zigman2/quotes/201854387/composite
US : U.S.: NYSE
$ 17.53
-1.25 -6.66%
Volume: 11.41M
Aug. 9, 2022 4:00p
P/E Ratio
3.33
Dividend Yield
3.59%
Market Cap
$5.07 billion
Rev. per Employee
$292,211
loading...
/zigman2/quotes/206283720/composite
US : U.S.: NYSE
$ 7.30
-0.35 -4.54%
Volume: 6,385
Aug. 9, 2022 1:38p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$83.93 million
Rev. per Employee
$121,012
loading...
/zigman2/quotes/202067350/composite
US : U.S.: NYSE
$ 148.26
-6.50 -4.20%
Volume: 821,059
Aug. 9, 2022 4:00p
P/E Ratio
9.62
Dividend Yield
2.10%
Market Cap
$10.64 billion
Rev. per Employee
$399,435
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