Lift Chair are chairs that feature a powered lifting mechanism that pushes the entire chair up from its base and so assists that user to a standing position. It has a remote that can lay the chair down for you to sleep, read the paper or relax.
MARKET DYNAMICS
Increasing aging population is one of the main factors that increase the demand for lift chairs. Also as people life to be more independent, so it is mostly used by the injured or obsess people as they can reduce the amount of pressure and stress on knees, back and elbows, keeping arthritis from acting up when attempting to get up or sit down.
MARKET SCOPE
The "Global Lift Chair Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the lift chair market with detailed market segmentation by type and distribution channel. The global lift chair market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading lift chair market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The lift chair market is segmented into type, and distribution channel. By type, the lift chair market is bifurcated into two- position, three- position and infinite position. By distribution channel, the lift chair market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the lift chair market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The lift chair market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the lift chair market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the lift chair market in these regions.
MARKET PLAYERS
The report covers vital developments in the lift chair market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the lift chair market are anticipated to lucrative growth opportunities in the future with the rising demand for lift chair in the global market. Below mentioned is the list of few companies engaged in the lift chair market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lift chair market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Pride Mobility Products Corp.
- Golden Technologies
- Franklin Corporation
- Med Lift
- La- Z- Boy Incorporated
- Jackson Furniture Industries
- Mega Motion
- Ashley HomeStores Ltd.
- Seminar Components
- Ultimate Power Recliner