Authored By: Sarah
11 Jul 2024

 Chair Market Size to grow by USD 14196.62 million between 2023-2027

According to a research report “ Chair Market” by Distribution Channel (Offline, Online) Type (Regular use chairs, Office chairs, Massage chairs, Gaming chairs, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2027 published by Technavio, the market size is estimated to grow by USD 14196.62 million, at a CAGR of  6.25% during the forecast period. In the intensely focused world of gaming, prolonged usage of devices such as PCs and TVs can lead to detrimental health consequences, particularly in relation to posture. Gamers are susceptible to developing medical conditions, including carpal tunnel syndrome, which manifests as numbness and tingling sensations in the arms and hands. To mitigate these risks, investing in a high-quality gaming chair is essential. Such chairs, equipped with adjustable lumbar support and ergonomic designs, can prevent injuries to the back, torque back, and wrists. The benefits of utilizing a gaming chair for your gaming sessions are multifaceted. Primarily, these chairs enable gamers to maintain optimal posture, thereby reducing the likelihood of developing spinal issues and alleviating pressure on the wrists.

Browse market data tables, figures, and in-depth TOC on “Chair Market” by Distribution Channel (Offline, Online) Type (Regular use chairs, Office chairs, Massage chairs, Gaming chairs, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2027. Download Free Sample

 

By Distribution Channel, the Offline segment is projected to dominate the market size in 2024

In the realm of residential furniture, chairs hold a significant position, particularly in spaces such as bedrooms, living rooms, and dining areas. These spaces call for chairs that not only serve functional purposes but also contribute to the overall aesthetic appeal. In the bedroom, chairs serve various roles, from adding a visually appealing touch at the end of the bed to providing a comfortable seating area for dressing. Functional chairs, like recliners, offer relaxation and comfort. Living room chairs are designed with ergonomics in mind, enabling users to relax by leaning back once seated. The versatility and functionality of chairs make them an essential investment for home decor.

By Type, Regular use chairs  segment is expected to hold the largest market size for the year 2024

The global chair market primarily relies on traditional offline distribution channels for sales, which encompass various retail formats including specialty stores, dealers, hypermarkets, supermarkets, brand-owned retail outlets, and department stores. In the fiscal year 2019-2020, offline channels accounted for approximately 88.65% of the market revenue. Notably, specialty retail formats significantly contributed to this figure. However, there has been a discernible decline in sales through offline channels due to the increasing trend of online shopping. To counteract this trend, vendors are strategically collaborating with local retailers to boost sales through offline channels.

APAC is forecasted to hold the largest market size by region in 2024

The Asia Pacific region is experiencing significant growth in the chair market, with key contributors being China, Japan, India, and Taiwan. This region is projected to exhibit the fastest growth rate due to factors such as high vendor support, access to relatively inexpensive labor, and cost-effective manufacturing locations. Moreover, the popularity of massage chairs in countries like Japan and China is expected to boost market expansion. Promotional efforts to raise awareness about health and wellness products, including massage chairs, are driving foot traffic to retail stores. However, the high cost of massage chairs remains a barrier to entry for potential buyers in this region.

The Chair Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Ace Casual Furniture
  • AKRacing America Inc.
  • Arozzi North America
  • Bristol Technologies Sdn Bhd
  • Corsair Gaming Inc.
  • DXRacer USA LLC.
  • Haworth Inc.
  • HNI Corp.
  • Impakt S.A.
  • Kimball International Inc.
  • MillerKnoll Inc.
  • Okamura Corp.
  • Pro Gamersware GmbH
  • Secretlab SG Pte. Ltd.
  • Steelcase Inc.
  • Thermaltake Technology Co. Ltd.
  • ThunderX3
  • TOPSTAR GmbH
  • True Innovations
  • Vertagear Inc
.

For insights on company offerings- Request a sample report!

Research Analysis Overview

The chair market encompasses a wide range of products, including computer chairs, designed specifically for the Internet industry, telecom industry, and IT industry. Corporate offices are major consumers of furniture products like chairs, with raw material suppliers and dealers catering to their needs. Working personnel in renovation projects and office building construction also require chairs. With the rise of remote working and the increasing focus on employee health, the demand for ergonomic chairs has surged. Both international and domestic manufacturers produce standard and ergonomic chairs for various applications. The Internet industry's economic impact study reveals that online sales of chairs have significantly grown, with brick-and-mortar stores adapting to this trend. The IT industry's shift towards remote work has further fueled the demand for multipurpose ergonomic chairs. Employee collaboration and comfort are essential aspects of office infrastructure. Ergonomic chairs, designed to prevent musculoskeletal injuries, have become a necessity in today's corporate world. The telecom industry's workforce also benefits from ergonomic chairs, reducing the risk of injuries and improving overall productivity. In conclusion, the chair market is a significant contributor to various industries, including the Internet, telecom, and IT sectors. The growing emphasis on employee health and comfort, remote work, and economic infrastructure development, have created a robust demand for chairs. The market's future looks promising, with continuous innovation and technological advancements in chair designs.

Market Research Overview

The Chair Market is a significant segment of the office infrastructure industry, catering to the needs of various sectors such as telecom, IT, and the construction industry. Working personnel in these industries, particularly those in the tech-savvy telecom and IT sectors, spend long hours at their desks, making ergonomic chairs an essential requirement for employee health and productivity. Leading international manufacturers like Steelcase offer standard chairs, executive office chairs, and multipurpose ergonomic chairs made of materials like mesh and fabric. Social media and smart city initiatives have also influenced the market, with the rise of collaboration workspaces, cafes, and seminar halls. The demand for office chairs extends beyond corporate offices to educational institutes, renovation projects, and even household demand. Renovation projects, whether for office building construction or kitchen renovations, often include the purchase of new chairs. The economic impact of the chair market is significant, with PwC estimating that the economic output from the furniture industry in the US alone was USD102 billion in 2019. The market includes raw material suppliers, dealers, and international manufacturers, with plastic and steel being common materials used in chair production. The rise of remote work and remote workspaces has also influenced the market, with online sales and drop shipping methodology becoming popular channels for sales. Musculoskeletal injuries and employee collaboration are crucial factors driving the demand for ergonomic chairs, with reception areas and conference chairs also being popular products. In conclusion, the chair market is a dynamic and diverse industry, catering to the needs of various sectors and demographics. From standard chairs for schools to executive office chairs for corporate offices, the market offers a range of products to meet the demands of a rapidly changing work environment.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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