The lounge chair industry is expected to reach a global market size of $16.2 trillion by 2032, according to Fact.MR

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North America leads the global lounge chair market, accounting for 24.1% of the global market share in 2022.

USA, March 14, 2022 /EINPresswire.com/ — The market study carried out by Fact.MR gives exclusive information on the evolution of the market. The study identifies the crucial trends that determine the Growth of the lounge chair market. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Latest Fact.MR report provides detailed analysis of the lounge chair market

The report offers actionable and valuable insights into the Living Room Chairs market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes sales and demand information for the Living Room Chairs market across various industries and regions.

The Global Living Room Chair Market is estimated to be valued at USD 9,600 Million in 2022 and is projected to exceed USD 16,200 Million by 2032, growing at a CAGR of 5.4% between 2022 and 2032. living room represents approximately 2% of the global furniture market. market in 2022. The global lounge chair market is estimated to have an absolute opportunity of USD 6,600 million during the assessment period 2022-2032.

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Hydraulic chairs are transforming the hairdressing and beauty industry
Hydraulic chairs are widely used in hair salons and beauty salons around the world due to their convenience and ease of use for stylists. The adoption of hydraulic chairs has transformed the hairdressing and beauty industry and accounts for 36.4% of the global salon chair market share.

Hydraulic chairs are of two types, namely electric hydraulic chairs (which are the most expensive chairs) and manual hydraulic chairs. The chair’s hydraulic mechanism allows stylists to adjust the height of the chair by a button or a pedal, and some of them even allow the chair to be tilted, creating more demand. .

Which is the dominant region in the Living Room Chairs market?
The living room chair market in North America is the dominant region in the overall market, as it contributes approximately 24.1% to the overall living room chair market. Salons are gaining popularity in North America as more consumers are drawn to the beauty industry. Additionally, consumers looking for new beauty treatments are opting for salon services to rejuvenate after hectic routines. These factors are expected to sustain North America lounge chair market growth of 6.1% during the assessment period 2022-2032.

In North America, the United States is the dominant country with 15.9% of the overall market share. The United States accounts for the presence of over 76,000 beauty salons and 4,400 barbershops, which generate over $20 billion in combined revenue.

Customers in the United States focus on beauty and overspend in salons. The top 50 salon operators generate over 15% of US hair salon industry revenue, while the top 50 hair salons generate over 30% of revenue. This trend is expected to continue in the coming years and support the growth of the lounge chair market.

What is the market scenario in Asia-Pacific?
East Asian and South Asian countries accounted for a valuation of around 18% and around 15%, respectively in share, for the global lounge chair market in 2021.

Consumers from countries like China, India, Vietnam, Japan, etc. are becoming aware of their appearance and this trend is being driven by social media and peer pressure. Therefore, Millennials and Generation Z in these countries use salons and spas more to look good. Additionally, more customers of this generation are set to be added to the roster in the years to come. Thus, the living room chair market in Asia Pacific is expected to provide the additional 3/5 of the current living room chair market revenue in the coming years.

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Global Living Room Chair Market by Category
By product type:
• Conventional barber chairs
• Antique barber chairs
• Versatile Lounge Chairs
• Modern barber chairs

By mechanism:
• All electric lounge chairs
• Hydraulic lounge chairs

By recliner type:
• Electric reclining lounge chairs
• Hydraulic reclining lounge chairs
• Non-reclining salon chairs

Per end user:
• Chain of franchised salons
• Chain of non-franchised salons
• Independent living room

By sales channel:
• Online retailers
• Direct sales
• Club shops
• Specialized retailers

Competitive Landscape: Leading Companies in the Living Room Chairs Market
The global lounge chair market is highly fragmented and competitive owing to the existence of numerous national and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is being adopted by leading companies to increase their market presence among consumers. These strategies have resulted in the incorporation of advanced lounge chair products.

Fact.MR has provided detailed information on the prices of leading manufacturers of lounge chairs positioned in all regions, sales growth, production capacity and speculative technological expansion in the recently released report.

For example: Takara Belmont in 2019, launched Riche Series, a series of products for eyelash extension services. It includes a complete chair, trolley and stool for the comfort and safety of the esthetician and the client. The chair is designed in such a position that it provides long-term comfort to the client. Plus, it’s height-adjustable and stable, alleviating technician discomfort and staying in an ideal position, helping extension artists set the perfect line of sight.

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Profiled Key Companies
• Maletti
• Takara Belmont United States
• EarthLite, LLC
• RITE BEAUTY PURCHASE
• Collins
• LCL BEAUTY
• GAMMA & BROSS SpA
• Pietranera Srl
• Keller International

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