Recliner Sofas Market will register a CAGR of -4% during 2020-2024. The market’s growth momentum will Accelerate.
growth in e-commerce industry | Evolving product ergonomics in terms of style, utility, and features | Rising demand for power recliner sofas will be one of the major factors driving the growth of this market. Additionally, key Recliner Sofas Market trends such as the rising demand for power recliner sofas will also influence market growth during the forecast period.
Recliner Sofas Market Size
During the forecast period, the Recliner Sofas Market size will grow by $ 4.74 bn.
Recliner Sofas Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Recliner Sofas Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the fluctuations in raw material prices | Growth in furniture rentals | Growing demand for pre-owned recliner furniture will also challenge the growth of the companies.
Ashley Furniture Industries Inc. | Bush Industries Inc. | Dorel Industries Inc. | Inter IKEA Holding BV | LaZBoy Inc. | Man Wah Holdings Ltd. | PREMIEREHTS LLC | Qumei Home Furnishings Group Co. Ltd. | Raymour and Flanigan Furniture | Steinhoff International Holdings NV.list
are some of the companies covered in Technavio’s Recliner Sofas Market report for 2020-2024.
Download the Sample Report @ https://bit.ly/3ufzaXq
Recliner Sofas Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Recliner Sofas Market.
The APAC will account for the largest Recliner Sofas Market share and during 2020-2024, the region will contribute to 34% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Recliner Sofas Market report also analyzes the market by Furniture and furnishing stores | Hypermarkets | E-retailers | Others | North America | Europe | APAC | South America | MEA