A gaming chair is a type of chair with a design similar to race car bucket seats. These seats typically have oversized frames that support race car helmets and bolstered sides that keep the racer in place. They are made to enhance comfort and increase enjoyment during game play. Some types of gaming chairs can be used in the office or at home.
Market Statistics:
The global gaming chair market is estimated to account for US$ 1126.35 Mn in terms of value by the end of 2021.
Global Gaming Chair Market: Drivers
Increasing penetration of smart devices coupled with the emerging modern technologies are key driving factors augmenting growth of the market. Additionally, improving internet bandwidth is another key factor propelling market growth of gaming chair.
Global Gaming Chair Market: Opportunities
Growing availability of gaming chair that offer head cushion and lumbar support to provide comfort to the gamer while gaming is projected to bring bright market opportunities. Moreover, growing demand for luxury furniture especially across North America and Asia Pacific region is further anticipated to foster market growth.
Global Gaming Chair Market: Restraints
Rising concerns of people regarding health and fitness are shifting their preferences towards outdoor games, which is projected to restrict the growth of the gaming chair market over the forecast period.
Global Gaming Chair Market - Impact of Coronavirus (Covid-19) Pandemic
As COVID-19 continues to spread globally, consumers are preparing for a level of disruption. Gaming Chairs are a star category at present, with the entire market growing by +32% in volume YoY, driven by multi-console chairs (around 75% of sales). There is also a sharp % increase in PC gaming chairs. Majority of the world has shifted to working from home, or remote learning, as offices and schools close to try to help curb the spread of COVID-19. With the increasing work from home trend, customers are looking for ways to transform home into a dream workspace, the chair they sit on every day becomes extremely important. The pandemic has put video game equipment in unusually high demand. The gaming chair is ascendant, cushion type chairs are the best-selling products during COVID.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/gaming-chair-market-5134
Key Takeaways:
The global gaming chair market was valued at US$ 1126.35 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.
Residential end user segment held dominant position in the global gaming chair market in 2021, accounting for 77.00% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period.
Global Gaming Chair Market Trends:
Growing trend of a personalized chair is projected to positively shape the market growth over the forecast period. For new generation of consumers, the unique and personalized products are attractive. Therefore, customized gaming chair has become the most developed in the industry. A lot of chairs come with speakers in the headrest so one can really immerse themselves in the gaming experience.
Increasing number of partnership and agreements among key players is expected to be one of the trend in the market. For instance, in April 2022, Team Vitality has announced it has entered into a multiyear partnership with Secretlab. The gaming and computer furniture maker now becomes Vitality's Official Gaming Chair partner and will produce a gaming chair that will sit in all of Team Vitality’s rosters and facilities.
Global Gaming Chair Market: Competitive Landscape
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, and Homall
Global Gaming Chair Market: Recent Developments
- In April 2019, Celtic partnered with gaming chair company, GT Omega Racing to supply official equipment to the Scottish soccer giant’s esports team. GT Omega Racing, which produces a range of gaming products, will design a Celtic-branded, limited edition chair to be available for general purchase.
- In June 2020, Secretlab released a Cyberpunk 2077 gaming chair. Secretlab teamed up with CD Projekt RED to make a gaming chair for Cyberpunk 2077. The design takes cues from the game and the neon- dystopian world, featuring the logo of Keanu Reeve's in-game rock band.
