The global recliner chair market grew at a CAGR of 8.8% during 2014-2019. A recliner stands for an upholstered armchair with an adjustable back that reclines, providing an ergonomic sitting position for the occupant. The chair includes adjustable headrest and armrests, inbuilt support system, and attached angular footrest that adjusts with the positioning of occupant’s legs. Some of the recliner chairs also comprise of additional features, such as heating nodes, pain-relieving/ massage motors, bar fridge, USB charging, and Bluetooth speakers, among others. The chair holds several health benefits as it helps in reducing back pain, de-stressing, relieving joint aches, minimizing pressure on heart and lungs, improving blood circulation, and providing relaxation. Owing to these benefits, recliner chairs are widely used in different applications across diverse sectors, such as hospitality, healthcare, residential, retail, and commercial.
The rising demand for recliner chairs can be attributed to the growing consumer inclination towards high-end luxury and comfort furniture, particularly among the urbanized and millennial population, across the globe. Moreover, the high prevalence of hectic and busy consumer lifestyles has led to high-stress levels and other severe health conditions, such as back/neck pain, inflammation, joint aches, high blood pressure, etc. Owing to this, there is a bolstering demand for recliner chairs for minimizing body pain, reducing pressure levels, and relieving stress. Various technological upgradations, coupled with the rising investments in R&D activities, have resulted in product innovations pertaining to utility, features, and style. In addition to this, several advancements in the reclining technology have led to the introduction of luxury designs with controlled and adjustable power buttons. Additionally, rapid digitalization, along with the rising integration of recliner chairs with smart devices, is also catalyzing the product demand, globally. Moreover, the wide availability of recliner chairs across several distribution channels which include online and offline stores, advent of customized recliner chairs, growing geriatric population, high adaptability of modern designs, and rising expenditures on luxury indoor furniture, are some of the other factors that will continue to fuel the growth of the global recliner chair market in the forthcoming years. Looking forward, IMARC Group expects the market to continue its moderate growth during the next five years.
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The competitive landscape of the industry has also been examined with some of the key players being American Leather, Anji Jinkun Furniture, Ashley Home Stores, Ltd., Ekornes ASA, Heritage Home Group, Inter IKEA Systems B.V, La-Z-Boy Incorporated, Macy’s, Man Wah Holdings Limited, Natuzzi S.p.A, Steinhoff International Holdings, Williams-Sonoma, Inc.
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