Market Research Report
Gaming Chair Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
|Gaming Chair Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)|
Published: May 13, 2021
Mordor Intelligence Pvt Ltd
Content info: 130 Pages
Delivery time: 2-3 business days
A Gaming chair is designed for video game players. These chairs come with head cushion and lumbar support to provide comfort to the gamer while gaming. A gaming chair is essential for professional and hardcore gamers. These chairs come in a variety of sizes, colors, and range. Gaming chairs are important for gamers who spend an average of six hours on gaming every day. Numerous factors such as technological advancement, availability of high-speed internet connectivity, efficient hardware compatibility, and the introduction of new games has 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 is 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 get 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 a professional gamer to purchase it. This is expected to enhance the demand for gaming chairs during the forecast period. These chairs enable the gamer to improve 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.
As COVID-19 continues to spread globally, consumers are preparing for a level of disruption. 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 WFH 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 COVID-19 pandemic has been a great time for some start-ups in the market.
Table Gaming Chair Segment is Dominating the Market
The gaming chair market is segmented into table gaming chair, hybrid gaming chair, platform gaming chair, and others. The table gaming chair is dominating the market due to the increasing demand for high-end personal computers and the increasing trend of e-sports, which allow customers to compete with some of the best players in the world. The adoption of multimedia is increased and the rise of smart devices has increased over the past few years.
Asia-Pacific is Expected to Witness the Highest Growth
By geography, the market is divided into North America, Europe, Asia Pacific, the Middle East and Africa, and South America. The Asia Pacific is anticipated to dominate the market in terms of growth rate due to the increasing popularity of internet games and 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 purchasing power of people.
The report covers 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 advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping new markets.