PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258069
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1258069
Global Ergonomic chair Market is valued at approximately USD 9.10 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2022-2029. An ergonomic chair is a type of office chair designed to provide comfort and support while sitting for extended periods. It is specifically designed to fit the user's body shape and size, promote good posture, and minimize the risk of developing musculoskeletal disorders (MSDs) such as back pain, neck pain, and carpal tunnel syndrome. Ergonomic chairs typically have adjustable seat height, backrest height, and armrest height and width to accommodate the user's body. They also feature a tilt mechanism that allows the user to adjust the angle of the seat and backrest to maintain a comfortable posture while working. The market demand is primarily driven by the factors such as the development of new materials and manufacturing processes has made it possible to produce ergonomic chairs that are lighter, more durable, and more comfortable than traditional chairs, coupled with Consumers increasingly seeking customizable ergonomic chairs that can be adjusted to their specific body shape and size. This trend is driving the development of chairs with adjustable features such as armrests, lumbar support, and seat height.
In addition, the growth of the office furniture industry is driving the demand for ergonomic chairs. As more companies invest in office furniture that promotes employee comfort and productivity, is acting as a major driving factor for market growth. In 2021, the market for office furniture was estimated to be worth around 54.24 billion USD. With a robust CAGR of 9.40%, it was predicted that the global market for office furniture would be valued at over 85 billion US dollars in 2026, thus, in turn, these factors are expected to escalate the demand for the ergonomic chair in the global market. Furthermore, Rising capital investments in office infrastructure, mostly driven by the growth of regional corporate centres, are predicted to increase demand for office equipment such as ergonomic seats, as well as recent With increasing concerns about the environment, there is a growing demand for sustainable and eco-friendly products, including ergonomic chairs made from recycled materials or designed for easy disassembly and recycling are presenting lucrative opportunities for market growth over the forthcoming years. However, Fluctuation in the cost of raw materials is restricting the market growth over the forecast period of 2022-2029.
The key regions considered for the Global Ergonomic chair Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand for ergonomic chairs in the area is continuously rising as a result of the region's growing population, higher quality of living, and growing consumer awareness of the effects of their purchasing decisions on their own health, sitting habits, and the environment. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as increased construction investment, combined with the development of smart city projects, would open up new potential for companies in the ergonomic chair business. Furthermore, rising per capita income in the developing countries of the Asia Pacific region is burgeoning the market growth in the forecasting years.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable