North America Stadium Seating Market Growth Prospects 2024-2032
Triton’s research analysis states that the stadium seating market in North America is estimated to gain revenue at a CAGR of 2.11% over the forecast years 2024-2032.
Improved economic conditions in North America have boosted discretionary spending on entertainment and recreation, leading to increased investments in sports infrastructure, including stadium seating. The FIFA World Cup is scheduled to take place from June 11 to July 19, 2026, and will be hosted across 16 cities in this region. This has resulted in ongoing developments in adaptable stadium seating arrangements with ergonomic designs and enhanced comfort features. This makes stadium seating more attractive, extending its lifespan and functionality and solidifying its value as a worthwhile investment, which leads to consistent market growth.
The countries researched in this region include the United States and Canada.
The United States holds the largest market share, achieving around $623.01 million in 2023.
- As per news reports, New York’s cricket stadium, specifically scheduled for the T20 World Cup in June 2024, was repurposed at a cost of approximately $30 million.
- Due to the unique shape of cricket grounds and millions of cricket fans in the country, a dedicated infrastructure and modification of existing venues, including planned stadium seating arrangements, is essential for hosting such events.
- Furthermore, advancements in stadium seating technology, such as smart seating with integrated cup holders, connectivity ports, and enhanced accessibility to improve spectator experience, are driving market growth in the US.
Stadium Seating Market Forecast for Canada
Canada’s sports culture is deeply rooted in ice hockey and lacrosse, but there is a rising interest in other team sports like football and soccer. Additionally, the increasing popularity of basketball and soccer is contributing to a surge in sports activities and the need for enhanced sports infrastructure. This drives the need for various types of stadiums and seating solutions. The 2026 FIFA World Cup is another major event for Canada, with matches set to take place at BMO Field in Toronto and BC Place Stadium in Vancouver, prompting necessary upgrades to these venues and boosting demand for modern stadium seating in the country.
The studied market is categorized into seating capacity, material, type, design, and application. The seating capacity segment comprises compact stadium, medium stadium, large stadium, and mega stadium.
Compact stadiums, with seating capacities between 5,000 and 39,999, are vital for local sports events, community gatherings, and smaller professional games. They support local sports culture by offering accessible facilities for amateur and semi-professional sports. Community sports programs, smaller professional leagues, and local concerts and events fuel the demand for seating in these venues.
Contender Analysis in the Stadium Seating Market:
Hussey Seating Company specializes in both fixed and telescopic seating solutions for schools, stadiums, and performing arts centers. It is committed to providing products with innovation, quality, and customer satisfaction and upholds sustainable business practices while empowering its workforce. It distributes its products through a global network of exclusive dealers. These local specialists are ready to help the clients select, specify, install, and service the perfect seating solutions tailored to the facility’s needs. Its corporate headquarters are situated in the US.
In June 2024, Hussey Seating Company announced the acquisition of select assets from Camatic Seating, which is renowned for its high-quality chairs, thereby expanding the range of seating for universities, auditoriums, arenas, etc.
The other important contenders in the stadium seating market are Irwin Seating Company, Mobiliario, Prestige Multi System, The Box Seat, Kotobuki Seating Co Ltd, and Preferred Seating LLC.
NORTH AMERICA STADIUM SEATING MARKET 2024-2032.pdf