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Germany Electric Lift Chairs Market Research Report 2024-2030

Germany Electric Lift Chairs Market Research Report 2024-2030

  • Category:Consumer Goods and Services
  • Published on : 19 October 2024
  • Pages :205
  • Formats:
  • Report Code:SMR-8013372

Electric Lift Chairs are motorized recliners designed to assist individuals, particularly the elderly or those with mobility impairments, in standing up or sitting down with ease. These chairs provide enhanced comfort, independence, and functionality by incorporating various reclining positions, heat and massage features, and smart controls. They play a vital role in home healthcare solutions, allowing users to maintain their mobility with minimal assistance.

Market Size

The Germany Electric Lift Chairs market was valued at US$ 123.6 million in 2024 and is projected to reach US$ 168.4 million by 2030, exhibiting a CAGR of 5.3% during the forecast period.

In 2023, total unit sales reached 85,000, with dual-motor lift chairs accounting for 55% of the market value. A significant trend in the industry is the growing demand for advanced features, including heat and massage functions, which saw a 25% increase in demand in 2023. Additionally, compact lift chairs designed for smaller living spaces are growing at a rate of 7% annually.

Market Dynamics

Drivers

  • Aging Population: Germany has one of the highest aging populations in Europe, with a substantial percentage of seniors requiring mobility assistance, driving demand for electric lift chairs.

  • Home Healthcare Growth: Increased focus on home healthcare solutions encourages the adoption of mobility aids like lift chairs.

  • Technological Advancements: Features such as smartphone app control, health monitoring, and memory foam cushioning are enhancing the appeal of electric lift chairs.

  • Rising Disposable Income: Increased purchasing power among elderly consumers and their families facilitates market expansion.

Restraints

  • High Cost: Premium electric lift chairs with advanced features are expensive, limiting affordability for some consumers.

  • Limited Awareness: Many potential customers are unaware of the availability and benefits of modern lift chairs.

  • Product Lifespan: Durable designs reduce replacement frequency, slowing repeat sales.

Opportunities

  • Smart Lift Chairs: Sales of lift chairs with smartphone app control and health monitoring surged by 30% year-over-year, creating an opportunity for tech-integrated solutions.

  • Eco-Friendly Materials: Adoption of eco-leather upholstery grew by 20% in 2023, indicating a shift toward sustainable and easy-to-maintain materials.

  • Battery-Powered Lift Chairs: Investments in efficient battery technology increased by 40%, paving the way for portable and cordless solutions.

Challenges

  • Regulatory Compliance: Strict safety regulations and medical certifications can hinder new product launches.

  • Competition from Imports: Lower-cost imports from China and Eastern Europe create pricing pressures for domestic manufacturers.

Regional Analysis

Germany's electric lift chair market is regionally diverse, with demand concentrated in urban areas with higher elderly populations. The following regions show notable market activity:

  • Bavaria & Baden-Württemberg: High purchasing power and an aging demographic drive strong sales.

  • North Rhine-Westphalia: Growth in healthcare infrastructure fuels demand.

  • Berlin & Hamburg: Preference for compact and smart lift chairs is rising in these urban centers.

Competitor Analysis

The German market is highly competitive, with both domestic and international manufacturers offering innovative solutions. The top five players accounted for a significant market share in 2023.

Key Companies

  1. IKEA – Offering affordable, ergonomic lift chairs with modern designs.

  2. Hukla – A well-known German brand focusing on premium, customizable chairs.

  3. Himolla – Specializes in high-quality lift chairs with heat, massage, and memory foam technology.

  4. Steinhoff International – Provides a diverse range of budget-friendly to high-end electric lift chairs.

Market Segmentation (by Application)

  • Household: The primary driver of demand, as consumers seek comfortable and supportive seating solutions at home.

  • Commercial: Healthcare facilities, nursing homes, and assisted living centers are significant purchasers of electric lift chairs.

Market Segmentation (by Type)

  • Multifunctional Lift Chair: Offers heat, massage, and smart controls; rapidly gaining popularity.

  • Common Power Lift Chair: Basic motorized reclining function, catering to budget-conscious consumers.

Geographic Segmentation

The German market sees demand from all major regions, with urban centers preferring compact and tech-enabled models, while rural areas prioritize affordability and durability.

FAQs

1. What is the current market size of the Germany Electric Lift Chairs market?

The market was valued at US$ 123.6 million in 2024 and is projected to grow to US$ 168.4 million by 2030 at a CAGR of 5.3%.

2. Which are the key companies operating in the Germany Electric Lift Chairs market?

Major players include IKEA, Hukla, Himolla, and Steinhoff International.

3. What are the key growth drivers in the Germany Electric Lift Chairs market?

Key drivers include an aging population, increased home healthcare adoption, advancements in technology, and rising disposable income.

4. Which regions dominate the Germany Electric Lift Chairs market?

Regions with the highest demand include Bavaria, Baden-Württemberg, North Rhine-Westphalia, Berlin, and Hamburg.

5. What are the emerging trends in the Germany Electric Lift Chairs market?

Trends include smart lift chairs with app control, eco-leather upholstery, compact designs for urban homes, and battery-powered lift chairs for portability.

TABLE OF CONTENTS

1 STUDY COVERAGE


1.1 Electric Lift Chairs Product Introduction


1.2 Market by Type


1.2.1 Germanyn Electric Lift Chairs Market Size Growth Rate by Type, 2019 VS 2023 VS 2030

1.2.2 Multifunctional Lift Chair    

1.2.3 Common Power Lift Chair

1.3 Market by Application


1.3.1 Germany Electric Lift Chairs Market Size Growth Rate by Application, 2019 VS 2023 VS 2030

1.3.2    Household

1.3.3    Commercial

1.4 Germany Electric Lift Chairs Sales Estimates and Forecasts 2019-2030

1.5 Germany Electric Lift Chairs Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030

1.6 Study Objectives

1.7 Years Considered


2 COMPETITION BY MANUFACTURERS


2.1 Germany Electric Lift Chairs Sales by Manufacturers

2.1.1 Germany Electric Lift Chairs Sales by Manufacturers (2019-2024)

2.1.2 Germany Electric Lift Chairs Sales Market Share by Manufacturers (2019-2024)

2.1.3 Top Largest Manufacturers of Electric Lift Chairs in 2023 in Germany

2.2 Germany Electric Lift Chairs Revenue by Manufacturers

2.2.1 Germany Electric Lift Chairs Revenue by Manufacturers (2019-2024)

2.2.2 Germany Electric Lift Chairs Revenue Market Share by Manufacturers (2019-2024)

2.2.3 Germany Top Companies by Electric Lift Chairs Revenue in 2023

2.3 Germany Electric Lift Chairs Sales Price by Manufacturers (2019-2024)

2.4 Analysis of Competitive Landscape

2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)

2.4.2 Germany Electric Lift Chairs by Company Type (Tier 1, Tier 2, and Tier 3)

2.4.3 Germany Electric Lift Chairs Manufacturers Geographical Distribution

2.5 Mergers & Acquisitions, Expansion Plans


3 Germany Electric Lift Chairs MARKET SIZE BY REGION


3.1 Electric Lift Chairs Market Size by Region: 2019-2030

3.1.1 Germany Electric Lift Chairs Sales by Region: 2019-2024

3.1.2 Germany Electric Lift Chairs Sales Forecast by Region (2025-2030)

3.1.3 Germany Electric Lift Chairs Revenue by Region: 2019-2024

3.1.4 Germany Electric Lift Chairs Revenue Forecast by Region (2025-2030)


4 MARKET SIZE BY TYPE


4.1 Germany Electric Lift Chairs Sales by Type

4.1.1 Germany Electric Lift Chairs Historical Sales by Type (2019-2024)

4.1.2 Germany Electric Lift Chairs Forecasted Sales by Type (2025-2030)

4.1.3 Germany Electric Lift Chairs Sales Market Share by Type (2019-2030)

4.2 Germany Electric Lift Chairs Revenue by Type

4.2.1 Germany Electric Lift Chairs Historical Revenue by Type (2019-2024)

4.2.2 Germany Electric Lift Chairs Forecasted Revenue by Type (2025-2030)

4.2.3 Germany Electric Lift Chairs Revenue Market Share by Type (2019-2030)

4.3 Germany Electric Lift Chairs Price by Type

4.3.1 Germany Electric Lift Chairs Price by Type (2019-2024)

4.3.2 Germany Electric Lift Chairs Price Forecast by Type (2025-2030)


5 MARKET SIZE BY APPLICATION


5.1 Germany Electric Lift Chairs Sales by Application

5.1.1 Germany Electric Lift Chairs Historical Sales by Application (2019-2024)

5.1.2 Germany Electric Lift Chairs Forecasted Sales by Application (2025-2030)

5.1.3 Germany Electric Lift Chairs Sales Market Share by Application (2019-2030)

5.2 Germany Electric Lift Chairs Revenue by Application

5.2.1 Germany Electric Lift Chairs Historical Revenue by Application (2019-2024)

5.2.2 Germany Electric Lift Chairs Forecasted Revenue by Application (2025-2030)

5.2.3 Germany Electric Lift Chairs Revenue Market Share by Application (2019-2030)

5.3 Germany Electric Lift Chairs Price by Application

5.3.1 Germany Electric Lift Chairs Price by Application (2019-2024)

5.3.2 Germany Electric Lift Chairs Price Forecast by Application (2025-2030)


6.    CORPORATE PROFILE


6.1 IKEA

6.1.1 IKEA Corporation Information

6.1.2 IKEA Overview

6.1.3 IKEA in Germany: Electric Lift Chairs Sales, Price, Revenue and Gross Margin (2019-2024)

6.1.4 IKEA Electric Lift Chairs Product Introduction

6.1.5 IKEA Recent Developments


6.2 Hukla

6.2.1 Hukla Corporation Information

6.2.2 Hukla Overview

6.2.3 Hukla in Germany: Electric Lift Chairs Sales, Price, Revenue and Gross Margin (2019-2024)

6.2.4 Hukla Electric Lift Chairs Product Introduction

6.2.5 Hukla Recent Developments


6.3 Himolla

6.3.1 Himolla Corporation Information

6.3.2 Himolla Overview

6.3.3 Himolla in Germany: Electric Lift Chairs Sales, Price, Revenue and Gross Margin (2019-2024)

6.3.4 Himolla Electric Lift Chairs Product Introduction

6.3.5 Himolla Recent Developments


6.4 Steinhoff International

6.4.1 Steinhoff International Corporation Information

6.4.2 Steinhoff International Overview

6.4.3 Steinhoff International in Germany: Electric Lift Chairs Sales, Price, Revenue and Gross Margin (2019-2024)

6.4.4 Steinhoff International Electric Lift Chairs Product Introduction

6.4.5 Steinhoff International Recent Developments


6.5 H

LIST OF TABLES & FIGURES



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