Gaming Chair Market : Global Forecast over 2024 - 2031 | Ace Casual Furniture, Arozzi Europe AB

Market Overview:

The global gaming chair market was valued at US$ 1126.36 Mn in 2021 and is forecast to reach a value of US$ 2034 Mn by 2030 at a CAGR of 7.80% between 2022 and 2030.

Market Dynamics:

The Gaming Chair Market is witnessing high growth owing to the increased participation in eSports activities across the globe. According to Allied Market Research, the global eSports market was valued at USD 1.1 billion in 2019 and is estimated to reach USD 3 billion by 2027, growing at a CAGR of 14% during 2020-2027. Furthermore, growing popularity of multiplayer online games like Fortnite, League of Legends, Dota 2, Valorant, and others have encouraged online gaming communities and gaming chair sales. Also, growing focus of millennials on gaming and increased per capita spending on gaming accessories have positively impacted the market growth during the forecast period.

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Major Market Drivers in the Gaming Chair Market

Increasing Number of Gamers Worldwide

The gaming industry has seen tremendous growth over the past few years with more people taking up gaming as a hobby or profession. According to some reports, there are over 2.5 billion active gamers worldwide now spending hours playing various games on their PCs, consoles or mobile phones. As gaming becomes more mainstream and popular, the demand for high quality gaming accessories like chairs, headphones and other peripherals is also increasing. Gaming chairs cater specifically to the needs of gamers by providing ergonomic seating, adjustable features and comfortable designs that enhance the gaming experience.

Major Market Opportunity in the Gaming Chair Market

Expanding to Lower Price Segments

Currently, most gaming chair manufacturers focus on the high-end and premium segment to target gamers and esports players. However, this also leaves immense scope to tap the mass market through more affordable and lower-priced gaming chair models. Casual gamers form the biggest consumer base but may not want to spend big amounts. Manufacturers can leverage this major opportunity by developing cost-effective gaming chairs priced under $200 without compromising much on quality and ergonomics. Penetrating the lower price brackets will help gaming chair brands significantly expand their customer base and revenues in the growing market.

Major Market Trend in the Gaming Chair Market

Innovations in Design and Features

Like other tech products, gaming chairs too are evolving with continuous innovations and advanced features. Designs are becoming more futuristic, customizable and comfortable with adjustable lumbar support, reclining and massaging options. Companies are leveraging new materials like memory foams and breathable fabrics. Some chairs now offer vibration motors, built-in audio and other smart capabilities through integration with gaming PCs and consoles. Customization is a big trend allowing buyers to select colors, material, designs according to their preferences. Developing unique, high-tech chairs will help brands win over more customers and strengthen their position in this dynamic market.

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Top Companies Featured in This Report:

★ Ace Casual Furniture
★ Arozzi Europe AB
★ Corsair Gaming Inc.
★ Dxracer USA LLC
★ GT Omega Racing Ltd
★ Akracing America Inc.
★ Secretlab
★ Vertagear Inc.
★ Noblechairs
★ Edge Products
★ Maxnomic
★ Anda Seat
★ GTracinG
★ Homall

Market Segmentation:

By Product Type:

★ By Chair Type: Table Gaming, Chair Hybrid, Gaming Chair, Platform Gaming Chair, Other Chair Types
★ By Distribution: Online, Offline
★ By End User: Residential, Commercial

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

The report offers insights on the following aspects:

Chapter 1: Study Coverage

Chapter 2: Executive Summary

Chapter 3: Analysis of Gaming Chair Market Competition Landscape by Players

Chapter 4: Assessment of Gaming Chair Market Size by Type and Application

Chapter 5: Global and Regional Analysis

Chapter 6: Company Profiles, recent developments, and investments

Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors

Chapter 8: Evaluation of Value Chain and Sales Channels, including breakthrough product developments

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology/Research Approach

The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.

In summary, whether you're engaged in manufacturing, distribution, or investment within the Gaming Chair sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.

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Author Bio:

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)

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