Riser Recliner Armchair Market Size, Share, Growth, and Industry Analysis, By Type (Multifunctional Riser Chair & Common Riser Chair), By Application (Home, Nursing Home & Others) and Regional Insights and Forecast to 2032

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RISER RECLINER ARMCHAIR MARKET REPORT OVERVIEW

The global Riser Recliner Armchair Market size was USD 6 Billion in 2023 and will touch USD 10.5 Billion by 2032, exhibiting a CAGR of 6% during the forecast period 2023-2032.

This is a rise-and-recline armchair model perfect for home use, particularly for those who are active and mobile-challenged. It has a very sophisticated motorised operation whereby it tilts forward or backward in a slow and controlled manner from a sitting to a standing position and vice versa. Made of fabric and with inner cushion padding, it boasts of being ergonomically designed to provide comfort for the user.

COVID-19 IMPACT

"Market Growth Accelerated due to Consistent Home Stay"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The are several positive effects of COVID-19 on this market. Due to the consistent stay at home and keeping people isolated from others, more and more attention was paid to the comfortable back rest and mobility support, thus the demand for riser recliners. Furthermore, older adults and individuals with mobility impairments, who were particularly cautious about seeking external help during the pandemic, turned to these products for improved internal mobility

LATEST TRENDS

"Utilisation of Smart Control to Propel the Market Growth"

The novelties observed in this market are the utilisation of smart control, for instance, voice control, and the affordance of a variety of reclining modes with the help of mobile applications. Also, the diversified demand for chairs that include different massage and heat options in a single chair is a common trend. In terms of design, there is a focus on slim and new-look designs with plentiful fabric and colour choices to attract more fashion-conscious consumers.

RISER RECLINER ARMCHAIRMARKET SEGMENTATION

By Type

Based on type the market can be categorized into Multifunctional Riser Chair & Common Riser Chair

• Multifunctional Riser Chair: This part comes fitted with extra features such as heat, massage, or memory settings.Functions for achieving more sophisticated and personal ergonomic comfort.Integration of high technology (for instance, vocal technologies, mobile apps).

• Common Riser Chair: The black basic lift and recline functions of the chair are in the motorised category. Its main goal was supposedly to enhance commute convenience and comfort.Affordable and straightforward design.

By Application

Based on application the market can be categorized into Home, Nursing Home & Others

• Home: Softness and exterior design for more resemblance with home interiors.Closer association with the use of technology for personal purposes.The availability of more unique products in larger quantities for ageing is a concern for consumers.
• Nursing Home:It stresses the camper’s durability and washability since it is often used on the campers.Originally developed for the delivery of medical care and to provide accessibility to the disabled.Some of the safety aspects are the non-slip bases and structures that have been reinforced.

DRIVING FACTORS

"Ageing Population to Expand the Market"

One of the key driving factors of Riser Recliner Armchair Market growth is Ageing Population. The increasing population of elderly people who use wheelchairs or have problems with their mobility is looking for refuge in riser recliner chairs.

"Focus on Home Comfort to Advance the Market"

An upsurge in the improvement of home comfort, especially after the COVID-19 pandemic, has promoted ergonomically and therapeutically designed furniture such as the riser recliner for comfort and convenience.

RESTRAINING FACTOR

"High Price of Progressive Models to Pose Potential Impediments on this Market"

One of the significant threats in the context of this market is the relatively high price of the more progressive models in this category, especially for those of them that have additional options for heating, massages or interaction with the smart home system.

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RISER RECLINER ARMCHAIR MARKET REGIONAL INSIGHTS

"North America to Dominate the Market due to its Large Population of Ageing Individuals"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

North America has emerged as the most dominant region in the Riser Recliner Armchair Market share due to its large population of ageing individuals, relatively higher per capita income, and a great emphasis on home health care products. There are good links to health care services in the region, and the focus is on the use of such items as riser recliners for the elderly or sharply mobility impaired. Also, the existence of the principal participants and the speedy implementation of advanced technology make North America the leading region in this market.

KEY INDUSTRY PLAYERS

"Key Players Transforming the Riser Recliner Armchair Market through Developments "

Some of the most important market players are key to this market in that they contribute to the development of new concepts, regulate the market’s standards, and control consumer preferences. Here, these companies ensure they spend adequate money in research and development to come up with new features like smart technology, multi-functionality, and the incorporation of sustainable materials in the products to improve product portfolios and meet ever-changing customers’ needs. Market coverage is accelerated by key brand familiarity and elongated channels of product distribution that increase the market’s area of influence, where both health care facilities and sales outlets strengthen their related partnerships.

List of Top Riser Recliner Armchair Companies

• Golden Technologies (U.S.)
• Pride Mobility (U.S.)
• Himolla (Mexico)
• La-Z-Boy (U.S.)
• Best Home Furnishings (U.S.)

INDUSTRIAL DEVELOPMENT

2024: Golden Technologies has been able to cover almost all of the riser recliner market with the release of a new series of recliner that has the features of zero-gravity positioning. This has been a unique supplementing feature of the product; it creates a floating effect, thus relieving pressure on joints as well as enhancing circulation. Stating their coverage in health benefits and embracing the latest technology, Golden Technologies has achieved better placement in the market.

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global Riser Recliner Armchair Market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.