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The chair market is estimated to grow by USD 14.19 billion at a CAGR of 6.25% between 2022 and 2027. The health-related benefits, such as improved posture and comfort during long gaming sessions, are driving market growth as gamers increasingly prioritize their health and well-being. The growing work-related stress and the need for stress-relieving solutions are also boosting demand, which offers relaxation and therapeutic benefits. Additionally, the proliferation of technologically advanced massage options, which offer features such as heat therapy, zero gravity positioning, and customizable massage programs, is driving market expansion by attracting consumers looking for premium and innovative products. Overall, these factors are creating new opportunities for growth in the market.
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This report extensively covers market segmentation by distribution channel (offline and online), type (regular-use chairs, office chairs, massage chairs, gaming chairs, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
The market share growth of the offline segment will be significant during the forecast period. They are largely sold through different offline channels such as specialty stores, dealers, hypermarkets, supermarkets, brand-owned retail stores, and department stores. These organized retail formats help generate a significant part of the revenue for the market.
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The offline segment was valued at USD 23.93 billion in 2017. companies are directing their sales through local retail entities to drive sales through offline channels. They are also driving sales by implementing different marketing strategies. For instance, Johnson Health Tech and Family Inada Co. Ltd. have many retail stores to maintain their relations with major enterprises engaged in regional distribution. These partnerships and alliances help in the proper showcasing of products and help companies study the market, which aids in catering to region-specific demands.
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APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Key countries contributing to the growth of the region include China, Japan, India, and Taiwan. The region is likely to witness the highest growth rate during the forecast period, which is attributable to high vendor support, availability of relatively cheap labor, and low-cost manufacturing locations. Increased promotional activities to generate awareness regarding the health and wellness products, such as massage chairs, are encouraging prospective customers to visit stores.
Furthermore, these are widely popular in countries such as Japan and China, which is also likely to contribute to the overall growth of the market in focus during the forecast period.
The market is experiencing significant shifts due to the rise of remote work and the need for comfortable, ergonomic seating solutions. Manufacturers are focusing on developing multipurpose ergonomic chairs that cater to the needs of remote workers, emphasizing factors like employee health and collaboration. This trend has also impacted the office infrastructure sector, with companies investing in ergonomic chairs to ensure employee well-being and productivity. Both domestic and international manufacturers are tapping into this market, offering a range of ergonomic and standard chairs to meet the diverse needs of consumers. Online sales have seen a surge, particularly for home office furniture, driven by the increased demand from individuals working from home. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing work-related stress and the need for stress-relieving solutions are notably driving the market growth. Numerous studies have indicated that work-related stress is a major contributor to health issues such as obesity, high blood pressure, depression, poor circulation, and anxiety. With the increasing prevalence of these health disorders, people are becoming more health-conscious and actively seeking solutions to alleviate pain and stress. This trend is driving demand for ergonomic chairs, standard chairs, and other solutions to prevent musculoskeletal injuries, particularly among remote workers and employees of small and medium-sized enterprises (SMEs). This trend has led to a growing demand for health and fitness products, including massage chairs. They are known to enhance blood circulation, alleviate pain, promote muscle relaxation, and stimulate the release of feel-good hormones like endorphins and serotonin, which help in relaxation and calming the mind. They are also effective in relieving tired and tense muscles, as well as nerve and muscle pain. The rising demand for such health and fitness products is expected to drive market revenue during the forecast period.
The emergence of ergonomic gaming chairs is the primary trend in the market. To lessen discomfort and muscular tension that the user may encounter when gaming, the ergonomic gaming product is made to fit a more natural hand and sitting position. It enables the user to play for extended periods in comfort and prevents risks like herniated lumbar discs brought on by poor posture and prolonged sitting. Traditional seats might make your arms and back muscles hurt.
Ergonomic gaming chairs allow gamers to lean back and rest their postural muscles as they recover from long periods of gaming. Some chairs have swivel and recline features, seat side control, and a neck pillow to help gamers sit in a relaxed position. As such features increase the demand among individual gamers, companies are encouraged to develop such chairs. Therefore, the emergence of ergonomic gaming chairs is expected to positively impact the market during the forecast period.
One of the major operational challenges of the market is the uncertainty of raw materials and production costs. Steel, wood or similar items, and aluminum are the three main raw materials used in the creation of furniture. Manufacturers' and retailers' profit margins are significantly impacted by changes in the price of raw materials and components. Steel, plastic, textiles, chipboard, and cardboard are now more expensive as raw materials.
The price of chipboard has also increased due to the instability of input and transportation costs and the continuous decline in the production capacity of furniture manufacturers. In the past, the profit margins of market competitors were negatively affected when the gap between the increase in production costs and the ability of sellers to increase their output in the market narrowed. All these factors adversely affect the profitability of the market, leading to a slowdown in growth. Such factors are expected to hinder the growth of the market during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Corsair Gaming Inc. - The company offers chairs such as TC70 gaming chairs, TC200 gaming chairs, and T3 rush gaming chairs under the gaming and creator peripherals segment. This segment includes high-performance gaming keyboards, mouse, headsets, controllers, and gaming gear including capture cards, Stream Decks, USB microphones, studio accessories, and EpocCam software, as well as coaching and training services, among others.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The market is diverse, catering to various sectors such as commercial real estate, corporate offices, educational institutes, and the home office furniture industry. It encompasses a wide range of products, including computer chairs, conference chairs, and executive office chairs, designed for different environments like auditoriums, cafes, and collaboration spaces. The market sees demand from both domestic manufacturers and international manufacturers, with sales happening through brick-and-mortar stores as well as online channels. As remote working and smart city initiatives grow, the need for ergonomic and versatile office infrastructure like multipurpose ergonomic chairs increases, reflecting evolving trends in interior design and employee health.
The market is influenced by various factors such as economic impact studies and per capita income, which impact household demand and construction sectors, including educational construction spending. Trends in office building construction and renovation projects drive the need for versatile furniture products like mesh office chairs and folding chairs in reception areas, collaboration workspaces, and seminar halls. The market also sees demand from the IT industry and telecom industry, which value ergonomic solutions for employee collaboration and working personnel. As businesses adopt social media and the internet industry grows, the market adapts, offering innovative products through drop shipping methodologies and leveraging materials like fabric, leather, and mesh to meet diverse needs.
Market Scope |
|
Report Coverage |
Details |
Page number |
167 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.25% |
Market growth 2023-2027 |
USD 14.19 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
5.84 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 40% |
Key countries |
US, China, Germany, France, and UK |
Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Ace Casual Furniture, AKRacing America Inc., Arozzi North America, Bristol Technologies Sdn Bhd, Corsair Gaming Inc., DXRacer USA LLC., Haworth Inc., HNI Corp., Impakt S.A., Kimball International Inc., MillerKnoll Inc., Okamura Corp., Pro Gamersware GmbH, Secretlab SG Pte. Ltd., Steelcase Inc., Thermaltake Technology Co. Ltd., ThunderX3, TOPSTAR GmbH, True Innovations, and Vertagear Inc |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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