Market Analysis And Insights Of Recliner Sofas Market

The recliner sofas market is expected to be growing at a growth rate of 6.85% in the forecast period of 2022 to 2029 and is likely to reach USD 13.39 billion in 2029.

A recliner is an armchair or couch that reclines once the dweller lowers the chair's back and raises its front. It's a support which will be atilt back, and infrequently a stool which will be extended by means that of a lever on the aspect of the chair, or could extend mechanically once the rear is reclined.

The growing level of investment in real estate and construction sector is the major factor accelerating the growth of the market. Furthermore, growing preferences of luxury and premium sofas, growing urbanization in the economy, rising demand of fully furnished apartments along with boosting number of middle class population are also expected to drive the growth of the recliner sofas market. However, rising labour cost and availability of substitute restrains the recliner sofas market, whereas, the fluctuating prices of raw material will challenge market growth.

In addition, rising number of online distribution channel along with rapid growth of tourism sector as well as hospitality sector will create ample opportunities for the recliner sofas market.