Recliner sofas are a popular furniture item because of their adjustable nature and the comfort they provide. Manufacturers are now seeking ways to make them more customizable in terms of upholstery and design. In 2015, recliner sofas accounted for 3.5% of the global furniture market’s total revenue. According to analysts at Technavio, the global recliner sofas market will grow at a CAGR of 6.46% by 2020. In this blog, we identify the key and prominent vendors in the market.
Key vendors in the global recliner sofas market
Ashley Furniture Industries
Ashley Furniture Industries, Inc. is the largest manufacturer of furniture in the world. Established in 1945, Ashley Furniture offers one of the industry’s broadest product assortments to retail partners in 123 countries. From design, through fulfillment, Ashley Furniture continuously strives to provide customers with the best values, selection and service in the furniture industry.
Heritage Home Group
Heritage Home Group is a world leader in designing, manufacturing, sourcing and retailing home furnishings. The company markets its products through a wide range of channels, including its Thomasville retail stores and through interior designers, multi-line/independent retailers and mass merchant stores. Heritage Home Group’s portfolio includes some of the best known and most respected brands in the furniture industry.
La-Z-Boy
La-Z-Boy, Inc. is a furniture manufacturer based in Michigan that makes home furniture, including upholstered recliners, sofas, stationary chairs, lift chairs and sleeper sofas. La-Z-Boy furniture is sold in thousands of retail residential outlets in the United States and Canada and is manufactured and distributed under license in a number of other countries. La-Z-Boy Incorporated is divided into three reportable operating segments: the Upholstery Group, the Casegoods Group and the Retail Group.
Man Wah Holdings
Man Wah Holdings Limited was founded in 1992. The Group has its headquarters in Hong Kong, with numerous subsidiaries, branches and associated companies across the major markets and cities of the world, including those in the US, Canada, United Kingdom, China and Singapore. The Group is mainly engaged in the research, development, production, sale and related services of sofas, mattresses, panel furniture and furniture accessories. As a flagship enterprise in the Chinese furniture industry, the Group has over 200 self-developed products.
Steinhoff International
Steinhoff International Holdings Limited is a South Africa-based integrated retailer that manufactures, sources, and retails furniture and household goods in Europe, Africa and Australasia. The company also owns diversified industrial businesses in southern Africa through supply chain solutions, passenger services, timber products and manufacturing operations across diverse industries.
Other prominent vendors
American Leather
American Leather was founded in 1990. From a small four person shop, the company has grown into a thriving leader in the furniture industry, with over 130 different collections sold in over 650 stores, including Room and Board, Crate and Barrel, Macy’s and Design Within Reach. The factory, based just outside of Dallas, Texas makes furniture in leather or fabric in just three weeks or less, a delivery standard that’s three times faster than the industry average.
Anji Jinkun Furniture
Jinkun Furniture Co., Ltd is a professional manufacturer producing office chairs, recliners and sofas. The company covers an area of 18000 square meters and has 150 employees. Since its founding in 1997, after the joint efforts of the entire staff, the company has developed a set of mature production and operation systems.
Ekornes
Ekornes ASA is a Norwegian furniture company. It is principally known for its luxury line of reclining armchairs and sofas. The patented mechanism of knob-controlled friction sliders on steel tubing allows the recliners to adjust to shifting sitting positions, and are the only recliners endorsed by the American Chiropractic Association. Ekornes ASA is the largest furniture manufacturer in the Nordic region and owns such brand names as Ekornes, Stressless and Svane.
Macy’s
Macy’s, originally R. H. Macy & Co., is a mid-range chain of department stores owned by American corporation Macy’s, Inc. It is one of two divisions owned by the company, with the other being Bloomingdale’s. As of 2015, Macy’s is the largest U.S. department store company by retail sales and is the 15th-largest retailer in the United States in 2014 in terms of revenue.
Natuzzi
Natuzzi is Italy’s largest furniture house and the player with the greatest global reach in its sector, with seven manufacturing plants, twelve commercial offices and more than 1,200 points of sale worldwide. Ethics and social responsibility, innovation, industrial know-how and integrated management of its value chain represent the points of strength that have made the Natuzzi Group a market leader and established Natuzzi as the most recognized furniture brand in the world among consumers of luxury goods.
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