Gaming Chair Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
As COVID-19 continues to spread globally, consumers are preparing for a level of disruption. The majority of the world has shifted to working from home or remote learning, as offices and schools close to curb the spread of COVID-19. With the increasing WFH trend, as customers look for ways to transform the 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 COVID-19 pandemic has been a great time for some start-ups in the market.
Gaming chairs are important for gamers who spend an average of six hours gaming every day. Numerous factors such as technological advancements, availability of high-speed internet connectivity, efficient hardware compatibility, and the introduction of new games have led to the growth of online gaming. The growing popularity of PC games is expected to increase the demand for gaming chairs during the forecast period. The increasing popularity of social media and free business models resulting in the development of e-games are likely to increase the demand for gaming chairs. The gaming market has progressed from board games to high-end video games, resulting in the commercialization of games. The increasing popularity of electronic devices is making people more attracted to PC, and video games as gaming is a premium form of entertainment. The increasing number of game cafes is resulting in a growing demand for gaming chairs. The major trend in the gaming chair market is the development and manufacturing of ergonomic chairs as the use of conventional gaming chairs can cause pain in back muscles and hands. Ergonomic gaming chairs offer full-size lumbar support, which encourages professional gamers to purchase them. This is expected to enhance the demand for gaming chairs during the forecast period. These chairs enable gamers to improve their posture, which allows them to play games for a longer period.
The high cost of these gaming chairs is hampering the growth of the market. Increasing concerns of people regarding health and fitness are encouraging them to move to outdoor games, which is likely to hamper the growth of the gaming chair market during the forecast period.
Gaming Chair Market TrendsExpanding Video Gaming Industry is Driving the MarketWith the growing popularity of video games, the market for gaming chairs is anticipated to experience rapid expansion in the near future. Due to the cosy seating position provided by the gaming chairs as well as additional advantages like extended back and neck support with the high padded backrest, height-adjustable armrests, tilt, and steady support offered by the base, the gaming chairs are attracting more customers and seeing an increase in sales year over year. With an increase in customers looking for all or some of these value-added features in chairs, premium chair features like 4D armrests, gel cold foam, detachable footrests, carbon-look coverings, and 135-degree adjustable backrests are predicted to become standard features in future product lines offered by gaming chair brands.
Asia-Pacific is Expected to Witness the Highest GrowthBy geography, the market is divided into North America, Europe, Asia-Pacific, Middle-East and Africa, and South America. Asia-Pacific is anticipated to dominate the market in terms of growth rate due to the increasing popularity of internet games and the growing demand for personal computers and smart devices such as mobile phones, tablets, and others. North America and Europe are projected to lead the gaming chair market due to modern technologies and the purchasing power of people.
Gaming Chair Market Competitive AnalysisThe report covers the major international players operating in the gaming chair market. In terms of market share, few of the major players currently dominate the market. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping into new markets.
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