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Global Indoor and Outdoor Bean Bags Market 2019-2023

  • Published: Mar 2019
  • Pages: 130
  • SKU: IRTNTR31060
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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

Indoor and Outdoor Bean Bags Market

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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

 

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel

PART 07: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Residential - Market size and forecast 2018-2023
  • Commercial - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY PRICE

  • Market segmentation by price
  • Comparison by price
  • Mass - Market size and forecast 2018-2023
  • Masstige - Market size and forecast 2018-2023
  • Premium - Market size and forecast 2018-2023
  • Market opportunity by price

PART 10: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Digital and social media marketing
  • Growing demand for lightweight and 6-foot bean bags
  • Distribution channel expansion strategy by vendors

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • AFA Inc
  • Comfort Research LLC
  • GDF Studio
  • LUVU BRANDS
  • Yogibo LLC

PART 16: APPENDIX

  • Research methodology
  • List of abbreviations

PART 17: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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