Global Recliner Sofas Market 2016-2020

  • ID: 3883983
  • Report
  • Region: Global
  • 95 pages
  • TechNavio
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FEATURED COMPANIES

  • American Leather
  • Anji Jinkun Furniture
  • Ekornes
  • Heritage Home
  • Jaymar Furniture
  • Klaussner Home Furnishing
  • MORE
About Recliner Sofa

A recliner sofa is a category of upholstery seaters that allow users to adjust the back- and leg rest to suit their preference. The key rationale behind the development of the mechanism that allows the conversion of the upright position of recliners to a reclined position is to increase the comfort level of consumers.

The analysts forecast the global recliner sofas market to grow at a CAGR of 6.46% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global recliner sofas market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of different types of recliner sofas to individual customers and business users in the global market.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

The report, Global Recliner Sofas Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Ashley Furniture Industries
- Heritage Home
- La-Z-Boy
- Man Wah Holdings
- Steinhoff International

Other prominent vendors
- American Leather
- Anji Jinkun Furniture
- Ekornes
- Haverty Furniture Companies
- Jackson Furniture Industries
- Jaymar Furniture
- Klaussner Home Furnishing
- Macy's
- Natuzzi
- Palliser Furniture Upholstery

Market drivers
- Growth in primary and secondary housing markets
- For a full, detailed list, view the full report

Market challenges
- Criticality of inventory management and product sourcing
- For a full, detailed list, view the full report

Market trends
- Increasing demand from millennials
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • American Leather
  • Anji Jinkun Furniture
  • Ekornes
  • Heritage Home
  • Jaymar Furniture
  • Klaussner Home Furnishing
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Global furniture market summary

PART 03: Scope of the report
  • Market overview
  • Key-vendor offerings
PART 04: Market research methodology
  • Research methodology
  • Economic indicators
PART 05: Introduction
  • Key market highlights
PART 06: Economic indicators
  • Global economic indicators
PART 07: Market landscape
  • Market overview
  • Global recliner sofas market: Size and forecast
  • Five forces analysis
PART 08: Market segmentation by product category
  • Global recliner sofas market by product category
  • Global single-seater recliner sofas market
  • Global multi-seater recliner sofas market
PART 09: Market segmentation by retail formats
  • Global recliner sofas market by retail format
  • Furniture and furnishings stores
  • Hypermarkets, supermarkets, and de
PARTment stores
  • E-retailers
  • Other retailers
PART 10: Market segmentation by geography
  • Geographical segmentation
  • Recliner sofas market in North America
  • Recliner sofas market in Europe
  • Recliner sofas market in APAC
  • Recliner sofas market in ROW
  • Overall comparison of regions
PART 11: Key leading countries
  • US
  • Germany
  • China
  • Japan
PART 12: Market drivers
  • Increased popularity and adoption of home theater systems and flat-screen TVs
  • Growth in primary and secondary housing markets
  • Demand for greater comfort in sitting arrangements in both homes and workplaces
PART 13: Impact of drivers

PART 14: Market challenges
  • Decrease in average annual furniture expenditure in developed markets
  • Criticality of inventory management and product sourcing
PART 15: Impact of drivers and challenges

PART 16: Market trends
  • Increasing demand from millennials
  • Private-label and niche furniture brands gaining traction
  • Evolving channels for product distribution
  • Growth of e-commerce supported by high internet and smartphone penetration
  • Increased media penetration
PART 17: Vendor landscape
  • Competitive scenario
  • Comparative analysis of key vendors
  • Ashley Furniture Industries
  • Heritage Home Group
  • La-Z-Boy
  • Man Wah Holdings
  • Steinhoff International
  • Other prominent vendors
PART 18: Appendix
  • List of abbreviations
PART 19: About the Author

List of Exhibits
Exhibit 01: Global furniture market
Exhibit 02: Differentiating factors of market
Exhibit 03: Consumer insights
Exhibit 04: Market opportunity
Exhibit 05: Criteria for furniture brands to select a furniture retailer
Exhibit 06: Merchandise management for furniture retailers
Exhibit 07: Market entry barriers
Exhibit 08: Global recliner sofas market by product type
Exhibit 09: Furniture industry
Exhibit 10: World: Key economic indicators 2014
Exhibit 11: World population 2009-2014 (billions)
Exhibit 12: World GDP per capita 2009-2014 ($)
Exhibit 13: Global employment to population ratio 2009-2014
Exhibit 14: World internet penetration rate 2009-2014
Exhibit 15: World mobile cellular subscription rate 2009-2014
Exhibit 16: Global furniture market 2015-2020 ($ billions)
Exhibit 17: Global furniture market by product categories 2015 (% share of revenue)
Exhibit 18: Global home furniture market by product categories 2015 (% share of revenue)
Exhibit 19: Global recliner sofas market 2015-2020 ($ billions)
Exhibit 20: Five forces analysis
Exhibit 21: Global recliner sofas market by product category 2015 and 2020
Exhibit 22: Global recliner sofas market by product category 2015-2020 ($ billions)
Exhibit 23: Global single-seater recliner sofas market 2015-2020 ($ billions)
Exhibit 24: Global multi-seater recliner sofas market 2015-2020 ($ billions)
Exhibit 25: Global recliner sofas market by retail format 2015
Exhibit 26: Global recliner sofas market by geography 2015 and 2020 (% of total revenue)
Exhibit 27: Global recliner sofas market by geography 2015-2020 ($ billions)
Exhibit 28: Comparison of regions
Exhibit 29: Recliner sofas market in North America 2015-2020 ($ billions)
Exhibit 30: Recliner sofas market in Europe 2015-2020 ($ billions)
Exhibit 31: Recliner sofas market in APAC 2015-2020 ($ billions)
Exhibit 32: Recliner sofas market in ROW 2015-2020 ($ billions)
Exhibit 33: Base value, forecast value, and CAGR comparison of regions 2015
Exhibit 34: Key leading countries 2015
Exhibit 35: Key leading countries by revenue 2015 (%)
Exhibit 36: TDC: Recliner sofas market in US
Exhibit 37: Recliner sofas market in US 2015-2020 ($ billions)
Exhibit 38: GDP per capita in US 2009-2014 ($)
Exhibit 39: Household final consumption expenditure in US 2009-2014 (% of GDP)
Exhibit 40: TDC: Recliner sofas market in Germany
Exhibit 41: Recliner sofas market in Germany 2015-2020 ($ billions)
Exhibit 42: GDP per capita in Germany 2009-2014 ($)
Exhibit 43: Household final consumption expenditure in Germany 2009-2014 (% of GDP)
Exhibit 44: TDC: Recliner sofas market in China
Exhibit 45: Recliner sofas market in China 2015-2020 ($ millions)
Exhibit 46: GDP per capita in China 2009-2014 ($)
Exhibit 47: Household final consumption expenditure in China 2009-2014 (% of GDP)
Exhibit 48: TDC: Recliner sofas market in Japan
Exhibit 49: Recliner sofas market in Japan 2015-2020 ($ millions)
Exhibit 50: GDP per capita in Japan 2009-2014 ($)
Exhibit 51: Household final consumption expenditure in Japan 2009-2014 (% of GDP)
Exhibit 52: Homeownership by US consumers aged below 35 years 2015 (% of total category population)
Exhibit 53: Housing market in US 2015: Sales distribution for single-family homes
Exhibit 54: Impact of drivers
Exhibit 55: Average annual furniture expenditure of population age group of 25-64 years in US ($)
Exhibit 56: Homeownership by population age group of 25-34 years in US 2004 and 2014
Exhibit 57: Impact of drivers and challenges
Exhibit 58: Population belonging to age group of 15-34 years in US 2010-2014
Exhibit 59: World internet users 2009-2014 (millions)
Exhibit 60: World internet penetration rate 2009-2014 (% of total population)
Exhibit 61: Online retail market in US 2015-2020 ($ billions)
Exhibit 62: Social media users globally 2015 (millions)
Exhibit 63: Operating margin comparison in FY2015 (%)
Exhibit 64: Sales growth comparison FY2014-FY2015 (%)
Exhibit 65: Key vendors: Benchmarking on product offerings and geographical presence
Exhibit 66: La-Z-Boy: Business segmentation by revenue 2016
Exhibit 67: La-Z-Boy: Business segmentation by revenue 2015 and 2016 ($ millions)
Exhibit 68: La-Z-Boy: Geographical segmentation by revenue 2016
Exhibit 69: Man Wah Holdings: Business segmentation by revenue 2016
Exhibit 70: Man Wah Holdings: Business segmentation by revenue 2015 and 2016 ($ millions)
Exhibit 71: Man Wah Holdings: Geographical segmentation by revenue 2016
Exhibit 72: Steinhoff International: Business segmentation by revenue 2015
Exhibit 73: Steinhoff International: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 74: Steinhoff International: Geographical segmentation by revenue 2015
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • American Leather
  • Anji Jinkun Furniture
  • Ekornes
  • Heritage Home
  • Jaymar Furniture
  • Klaussner Home Furnishing
  • MORE
New Report Released: – Global Recliner Sofas Market 2016-2020

The author of the report recognizes the following companies as the key players in the global recliner sofas market: Ashley Furniture Industries, Heritage Home, La-Z-Boy, Man Wah Holdings, Steinhoff International, American Leather, Anji Jinkun Furniture, Ekornes, Haverty Furniture Companies, Jackson Furniture Industries, Jaymar Furniture, Klaussner Home Furnishing, Macy's, Natuzzi, and Palliser Furniture Upholstery.

Commenting on the report, an analyst from the research team said: “M-commerce is an emerging trend, which is expected to strengthen over the coming years in the global market. IKEA’s IKEA mobile app is one of the successful digital media assistants that help consumers purchase furniture products through their mobile phones.”

According to the report, growth in primary and secondary housing markets will be a key driver for market growth. The housing market has been playing a pivotal role in shaping the overall furniture industry. Growth in the housing market directly creates a positive impact on the global furniture market. An increasing number of new houses, and renovation and modification of existing houses create new demand for furniture items. Living room furniture is the largest segment of the global home furniture market. The segment controlled 43.08% of the $387.9-billion global home furniture market in 2015. A significant portion of the living room furniture segment's revenue comes from the sales of recliner sofas.

Further, the report states that one of the major challenges for the market will be decrease in average annual furniture expenditure in developed markets. The global furniture market has been registering a decline in the average annual furniture expenditure in developed markets such as Germany, the US, Japan, and the UK. The expenditure on furniture has declined for the major consumer segment, which constitutes the population age group of 25 to 64 years. For instance, in the US, the average annual furniture expenditure decreased by 9.72% during the last decade (2005-2015). Consumers belonging to this age group are considered as major household earners. The fall in furniture expenditure is due to the combination of economic factors, delay in marriage and starting a family, and shifting consumer attitudes — all of which culminate to the cut down on expenditure for household furnishings by consumers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Ashley Furniture Industries
- Heritage Home
- La-Z-Boy
- Man Wah Holdings
- Steinhoff International
- American Leather
- Anji Jinkun Furniture
- Ekornes
- Haverty Furniture Companies
- Jackson Furniture Industries
- Jaymar Furniture
- Klaussner Home Furnishing
- Macy
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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