PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1587914
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1587914
Gaming chair market is estimated to be valued at USD 1.51 Bn in 2024 and is expected to reach USD 2.51 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Report Coverage | Report Details | ||
---|---|---|---|
Base Year: | 2023 | Market Size in 2024: | US$ 1.51 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 7.50% | 2031 Value Projection: | US$ 2.51 Bn |
With the rise in popularity of online and competitive gaming, comfortable and ergonomic chairs have become essential accessories for gamers worldwide. Gaming chairs provide lumbar support, adjustable armrests, and reclining options which allow prolonged hours of comfortable seating. They are designed to reduce strain on the back and neck during long gaming sessions. The market is expected to further grow with the expanding gaming community and availability of affordable gaming chairs.
Global gaming chair market is driven by the rising popularity of electronic sports and the growth of the video gaming industry. Increasing disposable incomes and demand for enhanced gaming experience is also fueling the sales of gaming chairs. However, the market faces restraints from the high costs involved in manufacturing ergonomic chairs and the presence of cheaper alternatives. Ongoing innovations in designs, materials used, and additional features integrated presents opportunities for gaming chair manufacturers to attract newer customers. Companies, such as Pro Gamersware GmbH, are developing app-controlled lighting and massage options to differentiate their products. Partnerships with popular gaming influencers for branding and promotional activities is another strategy adopted to increase market penetration. Proliferation of high-speed internet and affordable gaming devices have boosted participation in online multiplayer games and communities. Innovation among manufacturers focusing on ergonomics, breathability, and customization according to body type is fueling the market growth.
This report provides in-depth analysis of the global gaming chair market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global gaming chair market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Ace Casual Furniture, Arozzi Europe AB, Corsair Gaming Inc., Vertagear Inc., Noblechairs, Ede Products, Pro Gamersware GmbH, Thermaltake Technology Co., Playseat B.V., AK Racing, Inc, Shenzhen MARK Technology, Co., DX Racer USA LLC, Corsair Component Inc, and GT Omega Racing Limited
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global gaming chair market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gaming chair market