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Thursday, August 1, 2024

Lucintel Forecasts the Global Recliner Sofa Market to Reach $51 Billion by 2030

According to a market report by Lucintel, the future of the global recliner sofa market looks promising with opportunities in the commercial and household markets. The global recliner sofa market is expected to reach an estimated $51 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are rapid urbanization and increasing consumer demand for multipurpose and technologically sophisticated home furnishings.

 more than 150–page report is developed to understand Trends, opportunity and forecast in recliner sofa market to 2030 by type (manual, powered, and adjustable), material type (polyester, polyvinyl chloride, polyurethane, leather, and others), application (commercial, household, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, manual, powered, and adjustable are the major segments of recliner sofa market by type. Lucintel forecasts that adjustable is expected to witness the highest growth over the forecast period.

Within this market, commercial is expected to witness the higher growth due to rising demand across a range of venues, including workplaces, motels, dining establishments, spas, and clinics.

Download sample by clicking on recliner sofa market

North America will remain the largest region over the forecast period.

Christies Home Living, American Leather, Seatcraft, Coaster Fine Furniture, American Signature, Divano Furniture, and Ashley Home Stores are the major suppliers in the recliner sofa market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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