Global Gaming Furniture Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Gaming Furniture Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Game furniture is a kind of furniture specially designed for gamers. Game furniture can eliminate fatigue, improve posture, and enable gamers or e-sports professionals to play games better. Game furniture includes game table, game chair and game accessories, etc. There are different types of furniture, which can be suitable for players with different needs.

Market Overview:

The latest research study on the global Gaming Furniture market finds that the global Gaming Furniture market reached a value of USD 1417.62 million in 2022. It’s expected that the market will achieve USD 3258.56 million by 2028, exhibiting a CAGR of 14.88% during the forecast period.

Shortage of raw materials

Affected by the COVID-19 epidemic, the industries of all countries in the world are in a state of blockade and shutdown, so not only the industries within each country can't trade, but also the countries can't trade because of the supervision of cross-border import and export. COVID-19 had a negative impact on the upstream process of the Gaming Furniture market and delayed the delivery time of raw material supplements. Moreover, the production of Gaming Furniture needs a lot of raw materials. If the raw materials can't be replenished in time, the production of Gaming Furniture can't be carried out normally, thus affecting the output and supply of Gaming Furniture.

The transportation of goods is affected to some extent

Due to the particularity of the epidemic, governments of various countries have issued policies to restrict transportation. It is required to minimize travel, avoid crowds and reduce the spread of diseases. Different countries have different policies, cross-border trade is restricted, and national control over import and export products becomes stricter, which increases the time of goods transportation. These measures make it more difficult to transport goods, especially import and export products. Many modes of transportation have been affected and some modes of transportation have been canceled, so the products ordered by online buyers cannot be delivered. The seller can only change the mode of transportation and shorten the transportation time as much as possible. For example, some sellers change railway transportation to air transportation, and the price of air transportation is about 4-5 times that of railway, which increases the cost of cargo transportation. Sellers will naturally increase the price of goods, and the increase in price may reduce the demand of customers, thus affecting sales and affecting the Gaming Furniture industry.

Drivers

Advantages of products

Using the health-related benefits of the game chairs will promote the growth of the Gaming Furniture market. Sedentary, postural stress and lack of exercise are some common effects experienced by gamers, which may lead to serious health problems, such as obesity, muscle complications, and carpal tunnel syndrome. At the same time, players who play games for a long time are prone to cervical spondylosis, neck pain, and other risks. Gaming Furniture enhances flexibility and comfort by providing ergonomic support for professional gamers for a long time. Some Gaming Furniture in the market have casters, handrails, rotating bases, and adjustment settings, which can reduce the pressure on the body during the game. At present, some manufacturers are introducing innovative variants with additional accessories, such as speakers, retractable foot pedals, built-in massage devices, and red, green, and blue (RGB) lighting systems, with a wide range of colors and designs. Game chair with adjustable lumbar support and made of correct materials can help gamers prevent back injuries and twist their backs or wrists. Gaming Furniture can help gamers reduce muscle stiffness and prevent neck problems. Gaming Furniture can make healthy blood flow through the body. They can lead to better cardiovascular function and reduce muscle stiffness. The advantages of Gaming Furniture have increased the demand for its products and promoted the development of the Gaming Furniture market.

Opportunities

Joining traditional furniture manufacturers

Traditional furniture manufacturers joining Gaming Furniture manufacturing, especially those well-known brands, will help the Gaming Furniture industry quickly gain the recognition of the general public and improve its social awareness. For example, IKEA, a Swedish furniture giant famous for DIY assembly products, cooperates with ASUS ROG (Player Country), a game technology giant, to provide professional game equipment at affordable prices. Designers and engineers are cooperating between the two companies to produce about 30 kinds of game furniture and accessories. This kind of cooperation can make use of both parties' channels and customer resources to promote Gaming Furniture. Therefore, the entry of traditional furniture manufacturers can better open the Gaming Furniture market and bring more opportunities for the development of the Gaming Furniture market.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Europe (29.88% in 2022).

Company Overview:

Secret Lab is one of the major players operating in the Gaming Furniture market, holding a share of 25.9% in 2022.

Secret Lab

Founded in 2014 to create a gaming chair that customer would be happy to sit on themselves, one that combined a thoughtful, ergonomic design with impeccable quality and comfort.

DXRacer

The company was founded in 2001, starting off as a manufacturer of car seats for luxury sports cars. Out of its inspiration and curiosity, DXRacer, the first and original brand of the modern gaming chair was born in 2006 and headed for the world of gaming and eSports. The production began and years of innovation and investment in research and development has resulted in a wide product range, including several types of ergonomic gaming and office chairs with a refined racing inspired design.

Segmentation Overview:

As for product types, the Gaming Chairs segment held the largest market share in 2022.

Gaming Chairs

A gaming chair is a type of chair designed for the comfort of gamers. They are different from most office chairs in that their high backrest is designed to support the upper back and shoulders. Their armrests, backrest, lumbar support and headrest can be adjusted to improve comfort and efficiency.

Gaming Tables

Gaming Tables is used to place various game devices. Some game tables can be adjusted in height according to people's height, so as to relieve the long-term fatigue of gamers.

Application Overview:

In the Gaming Furniture market, 74.85% of the total value was generated through the Residential segment by application in 2022.

Key Companies in the global Gaming Furniture market covered in Chapter 3:

Hermаn Міllеr
Vertagear
Respawn
Arozzi
Secret Lab
Razer
Corsair Gaming Inc.
Vanbow
AutoFull
DXRacer
GTRACING
Anda Seat

In Chapter 4 and Chapter 14.2, on the basis of types, the Gaming Furniture market from 2018 to 2029 is primarily split into:

Gaming Chair
Gaming Table
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Gaming Furniture market from 2018 to 2029 covers:

Casual Gaming
Professional Gaming
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)