Global Indoor and Outdoor Bean Bags Market 2019-2023

The global indoor and outdoor bean bags market size will grow by USD 1.65 billion during 2019-2023. This report offers an analysis of the market based on distribution channel (offline and online), end-user (residential and commercial) and price (mass, masstige, and premium). The indoor and outdoor bean bags market research report further presents an in-depth insight on the growth prospects of the market across geographic regions such as APAC, Europe, MEA, North America, and South America. The report analyzes the market’s competitive landscape and offers information on several companies including AFA Inc, Comfort Research LLC, GDF Studio, LUVU BRANDS, and Yogibo LLC.

Below are some of the key findings from this indoor and outdoor bean bags market analysis report

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!  

Global indoor and outdoor bean bags industry overview

The growth in the construction industry is one of the critical reasons that will drive the indoor and outdoor bean bags market. There is an increase in construction activities and the number of new housing units in the residential sector of countries such as the US. Additionally, the growing demand for superior-quality and luxury furniture items will boost the sales of products such as bean bags. Factors such as the increase in government initiatives to support the construction of residential facilities and dual household income will positively influence the demand for furniture and furnishing products including bean bags.

In addition to this, the growing focus on product visibility and penetration will also drive the indoor and outdoor bean bags market to grow at a CAGR of almost 5% during the forecast period. This is done through the adoption of digital and social media marketing as a cost-effective marketing strategy to promote and advertise bean bag products. Consequently, it helps vendors to gain a competitive advantage over their competitors by connecting several potential customers with their brands. They use social media sites and blogs to improve the visibility of their products among their target customers.

Top indoor and outdoor bean bags companies covered in this market research report

The indoor and outdoor bean bags market is highly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this indoor and outdoor bean bags industry analysis report will help clients identify new growth opportunities and design innovative strategies to improve their share in the market.

The report offers a complete analysis of various companies including:

• AFA Inc
• Comfort Research LLC
• GDF Studio
• LUVU BRANDS
• Yogibo LLC

Indoor and outdoor bean bags market segmentation based on geographic regions

• APAC
• Europe
• MEA
• North America
• South America

Europe will account for the largest indoor and outdoor bean bags market share throughout the forecast period. The availability of commercial bean bags known for their unique style, designs, and build quality is one of the major reasons for the high growth of the indoor and outdoor bean bags market in this region.

Indoor and outdoor bean bags market segmentation based on distribution channel

• Offline
• Online

The offline segment will account for the highest indoor and outdoor bean bags market share as physical retail stores are considered to be more reliable in both developed and developing countries. Department stores and specialty stores are some of the leading online retail formats.

Key highlights of the global indoor and outdoor bean bags market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the indoor and outdoor bean bags market during the next five years
• Precise estimation of the global indoor and outdoor bean bags market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the indoor and outdoor bean bags industry across various geographies such as APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of indoor and outdoor bean bags market companies 

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch