Recliner Sofas Market 2019-2023 | Evolving Product Ergonomics to Boost Growth | Technavio

Technavio has been monitoring the recliner sofas market and it is poised to grow by USD 9.03 billion during 2019-2023, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request latest free sample report of 2020-2024

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Technavio has announced its latest market research report titled Global Recliner Sofas Market 2019-2023 (Graphic: Business Wire)

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ashley Home Stores, Ekornes, La-Z-Boy, Man Wah Holdings, and Steinhoff International Holdings are some of the major market participants. The evolving product ergonomics will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Evolving product ergonomics has been instrumental in driving the growth of the market.

Recliner Sofas Market 2019-2023 : Segmentation

Recliner Sofas Market is segmented as below:

• Retail Format
  • Furniture and furnishing stores
  • Hypermarkets
  • E-retailers
  • Other retailers

• Geographic Landscape
  • Americas
  • APAC
  • EMEA

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR30229

Recliner Sofas Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our recliner sofas market report covers the following areas:

• Recliner Sofas Market Size
• Recliner Sofas Market Trends
• Recliner Sofas Market Industry analysis

This study identifies growing adoption of augmented reality for enabling recliner sofa sales as one of the prime reasons driving the recliner sofas market growth during the next few years.

Recliner Sofas Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Recliner Sofas Market, including some of the vendors such as Ashley Home Stores, Ekornes, La-Z-Boy, Man Wah Holdings, and Steinhoff International Holdings. Backed with competitive intelligence and benchmarking, our research reports on the Recliner Sofas Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Recliner Sofas Market 2019-2023 : Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist recliner sofas market growth during the next five years
• Estimation of the recliner sofas market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the recliner sofas market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of recliner sofas market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: CUSTOMER LANDSCAPE

PART 07: MARKET SEGMENTATION BY RETAIL FORMATS

• Market segmentation by retail formats
• Comparison by retail formats
• Furniture and furnishing stores - Market size and forecast 2018-2023
• Hypermarkets - Market size and forecast 2018-2023
• E-retailers - Market size and forecast 2018-2023
• Other retailers - Market size and forecast 2018-2023
• Market opportunity by retail formats

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Americas - Market size and forecast 2018-2023
• EMEA - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: TRENDS

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Ashley Home Stores
• Ekornes
• La-Z-Boy
• Man Wah Holdings
• Steinhoff International Holdings

PART 14: APPENDIX

• Research methodology
• List of abbreviations

PART 15: EXPLORE TECHNAVIO

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200331005570/en/