Gaming Chair Industry Overview
|Study Period:||2019 - 2028|
|Fastest Growing Market:||Asia Pacific|
|Largest Market:||North America|
*Disclaimer: Major Players sorted in no particular order
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Gaming Chair Market Analysis
Gaming Chair Market is expected to achieve a CAGR of 5.2% during the forecast period. 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 Industry Segments
A gaming chair is designed for video game players. These chairs come with a 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 ranges. A complete background analysis of the gaming chair market, which includes an assessment of the parental market, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report. The Gaming Chair Market is Segmented by Type (PC Gaming Chair, Hybrid Gaming Chair, Platform Gaming Chair, and Other Chair Types), by End-User (Residential, Commercial), by Distribution Channel (Home Centers, Specialty Stores, Online, Other Distribution Channels), and by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers market size and forecast values for the Gaming Chair Market in USD billion for the above segments.
|PC Gaming Chair|
|Hybrid Gaming Chair|
|Platform Gaming Chair|
|Other Chair Types|
|By Distribution Channel|
|Other Distribution Channels|
|Middle-East and Africa|
Gaming Chair Market Trends
Expanding Video Gaming Industry is Driving the Market
With 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.
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Asia-Pacific is Expected to Witness the Highest Growth
By 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.
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Gaming Chair Market Competitor Analysis
The 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. It has major players Corsair, DXRacer, GT Omega Racing Ltd, Secretlab and Vertagear
Gaming Chair Market Top Players
GT Omega Racing Ltd
*Disclaimer: Major Players sorted in no particular order
Gaming Chair Market Recent Developments
- In August 2022 - Cybeart, a Canadian manufacturer of premium gaming accessories, announced the world's first Lord of the Rings Chair on 25th August 2022. In addition to Cybeart's existing range of official licensed products, the upcoming product line will be a continuation of its ongoing partnership with Warner Bros.
- In June 2022 - CORSAIR, a world leader in PC gaming peripherals and enthusiast components, launched the new CORSAIR TC200 Fabric Gaming Chair and the CORSAIR TC200 Leatherette Gaming Chair, a pair of bold new additions to the growing CORSAIR gaming furniture lineup. Each chair’s racing-inspired design features a wide seat surface and extended height range, ideal for comfortably sitting taller, wider, or more relaxed while gaming.
Gaming Chair Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Insights on impact of technology in the Market
4.6 Porter's Five Forces Analysis
4.7 Insights on Innovations in the Market
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 PC Gaming Chair
5.1.2 Hybrid Gaming Chair
5.1.3 Platform Gaming Chair
5.1.4 Other Chair Types
5.2 By End-User
5.3 By Distribution Channel
5.3.1 Home Centers
5.3.2 Specialty Stores
5.3.4 Other Distribution Channels
5.4 By Geography
5.4.1 North America
5.4.4 South America
5.4.5 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Ace Casual Furniture
6.2.4 DxRacer USA
6.2.5 GT Omega Racing
6.2.10 X Rocker*
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Gaming Chair Market Research FAQs
What is the study period of this market?
The Gaming Chair Market is studied from 2019 - 2028.
What is the growth rate of Gaming Chair Market?
The Gaming Chair Market is growing at a CAGR of 5.2% over the next 5 years.
Which region has highest growth rate in Gaming Chair Market?
Asia Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Gaming Chair Market?
North America holds highest share in 2022.
Who are the key players in Gaming Chair Market?
Corsair, DXRacer, GT Omega Racing Ltd, Secretlab, Vertagear are the major companies operating in Gaming Chair Market.
Gaming Chair Industry Report
In-depth industry statistics and market share insights of the Gaming Chair Market sector for 2020, 2021, and 2022. The Gaming Chair Market research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Gaming Chair Market report PDF.