Scope of the Study
Recline armchairs are intended to be both convenient and fashionable while increasing the versatility of users. This armchair is available in a variety of styles and with the most decorative covering material. A riser armchair provides a stand-up system for older people as well as people with limited flexibility. It is used in various applications such as living room, dining room, bedroom, hotel, office, outdoor, bar, among others.
The market study is being classified, by Application (Bar, Hotel, Study, Dining Room, Bedroom and Others) and major geographies with country level break-up.
Ashley Furniture Industries, Inc. (United States), Heritage Home Group LLC (United States), La-Z-Boy Inc. (United States), Man Wah Holdings Ltd (Hong Kong), Ekornes ASA (Norway), Natuzzi Group (Italy), Recliners India (India), Steinhoff International (South Africa), American Leather Inc. (United States) and Anji Chaoya Furniture Co. Ltd. (China) are some of the key players profiled in the study.
The global reclining armchair market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Reclining Armchairs market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Reclining Armchairs market by Type, Application and Region.
On the basis of geography, the market of Reclining Armchairs has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The rapid change of lifestyle as well as Improvement in Living Conditions Worldwide
- Increasing Awareness of the Latest Technology
- High Disposable Income among the Middle-Income Population in Developing Countries
- Growing Residential and Commercial Infrastructural Investment
- Increasing Travel and Tourism Industry and Other Related Sectors Such as Hospitality
- Investment on Infrastructure Projects in Developing Economies Such as China, India, and Others
- Issue related to High Raw Material as well as Installation Cost
- Problem Regarding the Reduction of Deforestation has created the Supply Shortage for Raw Material
- Growing Demand from Emerging Economics such as China, India, and others
- Competition from the Local Players as well as Unavailability of skilled workers
Key Target AudienceRaw Material Suppliers and Distributors, Reclining Armchair Manufacturers, Government and Research Organizations, Associations and Industrial Bodies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase