Chair market is estimated to grow at a CAGR of 6.25% by 2027; Growth led by Ace Casual Furniture, AKRacing America Inc. among others - Technavio

NEW YORK , Feb. 22, 2023 /PRNewswire/ -- The chair market size is estimated to grow by USD 14,196.62 million from 2022 to 2027 at a CAGR of 6.25% according to Technavio. In 2017, the chair market was valued at USD 34,427.68 million. From a regional perspective, APAC held the largest market share, valued at USD 14,883.50 million. For more insights on the historic market data from 2017 to 2021 , request a sample report

Chair market insights -

• Vendors: 15+, including Ace Casual Furniture, AKRacing America Inc., Arozzi North America, Bristol Technologies Sdn Bhd, Corsair Gaming Inc., DXRacer USA LLC., Haworth Inc., HNI Corp., Impakt S.A., Kimball International Inc., MillerKnoll Inc., Okamura Corp., Pro Gamersware GmbH, Secretlab SG Pte. Ltd., Steelcase Inc., Thermaltake Technology Co. Ltd., ThunderX3, TOPSTAR GmbH, True Innovations, Vertagear Inc, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Distribution Channel (Offline and Online), Type (Regular use chairs, Office chairs, Massage chairs, Gaming chairs, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa) - For insights on global, regional, and country level parameters with growth opportunities from 2017 to 2027 download a sample!

Global Chair market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including –

• Ace Casual Furniture - The company offers a wide range of office chairs and living chairs.
• AKRacing America Inc. - The company offers a wide range of office chairs and gaming series.
• Arozzi North America - The company offers chairs such as Forte, Verona V2, and Veron Pro V2.
• Bristol Technologies Sdn Bhd - The company offers chairs such as Anatom chair and Kleiber flex air chair.

Global Chair Market – Market Dynamics

Major Drivers – 

• Health-related benefits of using gaming chairs
• Growing work-related stress and the need for stress-relieving solutions
• Proliferation of technologically advanced massage chairs

KEY Challenges – 

• Uncertainty in prices of raw materials
• Intense competition
• Increasing adoption of mobile games

Drivers and challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report.

The chair market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why Buy?

• Add credibility to strategy
• Analyzes competitor's offerings 
• Get a holistic view of the market

Grow your profit margin with Technavio - Buy the Report

What are the key data covered in this chair market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the chair market between 2023 and 2027
• Precise estimation of the size of the chair market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the chair market industry across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of chair market vendors

Gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform

Related Reports:

• The gaming chair market is estimated to grow at a CAGR of 7.73% between 2022 and 2027. The size of the market is forecast to increase by USD  212.95 million. The health-related benefits of using gaming chairs are notably driving the gaming chair market growth, although factors such as the increasing adoption of mobile games may impede the market growth.
• The ergonomic chairs market size is expected to increase by USD 3.73 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.08%. The surge in the number of startups is notably driving the ergonomic chairs market growth, although factors such as uncertainty in the prices of raw materials may impede the market growth.

Browse for Technavio consumer discretionary market reports

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global chair market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global chair market 2017 - 2021 ($ million)

• 4.2 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Market Share of Vendors

• 5.1 Market Share of Vendors 2021 
• Exhibit 23: Data table on Market share of vendors Market share of Vendors 2021

6 Five Forces Analysis

• 6.1 Five forces summary 
• Exhibit 24: Five forces analysis - Comparison between 2022 and 2027

• 6.2 Bargaining power of buyers 
• Exhibit 25: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 6.3 Bargaining power of suppliers 
• Exhibit 26: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 6.4 Threat of new entrants 
• Exhibit 27: Threat of new entrants – Impact of key factors in 2022 and 2027

• 6.5 Threat of substitutes 
• Exhibit 28: Threat of substitutes – Impact of key factors in 2022 and 2027

• 6.6 Threat of rivalry 
• Exhibit 29: Threat of rivalry – Impact of key factors in 2022 and 2027

• 6.7 Market condition 
• Exhibit 30: Chart on Market condition - Five forces 2022 and 2027

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 31: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 32: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 33: Chart on Comparison by Distribution Channel
• Exhibit 34: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 35: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 38: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 39: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 42: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 43: Market opportunity by Distribution Channel ($ million)

8 Market Segmentation by Type

• 8.1 Market segments 
• Exhibit 44: Chart on Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type - Market share 2022-2027 (%)

• 8.2 Comparison by Type 
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 8.3 Regular use chairs - Market size and forecast 2022-2027
• Exhibit 48: Chart on Regular use chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Regular use chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Regular use chairs - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Regular use chairs - Year-over-year growth 2022-2027 (%)

• 8.4 Office chairs - Market size and forecast 2022-2027
• Exhibit 52: Chart on Office chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Office chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Office chairs - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Office chairs - Year-over-year growth 2022-2027 (%)

• 8.5 Massage chairs - Market size and forecast 2022-2027
• Exhibit 56: Chart on Massage chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Massage chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Massage chairs - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Massage chairs - Year-over-year growth 2022-2027 (%)

• 8.6 Gaming chairs - Market size and forecast 2022-2027
• Exhibit 60: Chart on Gaming chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Gaming chairs - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Gaming chairs - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Gaming chairs - Year-over-year growth 2022-2027 (%)

• 8.7 Others - Market size and forecast 2022-2027
• Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 8.8 Market opportunity by Type 
• Exhibit 68: Market opportunity by Type ($ million)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation 
• Exhibit 70: Chart on Market share by geography 2022-2027 (%)
• Exhibit 71: Data Table on Market share by geography 2022-2027 (%)

• 10.2 Geographic comparison 
• Exhibit 72: Chart on Geographic comparison
• Exhibit 73: Data Table on Geographic comparison

• 10.3 APAC - Market size and forecast 2022-2027
• Exhibit 74: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 10.4 North America - Market size and forecast 2022-2027
• Exhibit 78: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 10.5 Europe - Market size and forecast 2022-2027
• Exhibit 82: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 10.6 South America - Market size and forecast 2022-2027
• Exhibit 86: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 10.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 90: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 93: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 10.8 China - Market size and forecast 2022-2027
• Exhibit 94: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 97: Data Table on China - Year-over-year growth 2022-2027 (%)

• 10.9 US - Market size and forecast 2022-2027
• Exhibit 98: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 101: Data Table on US - Year-over-year growth 2022-2027 (%)

• 10.10 Germany - Market size and forecast 2022-2027 
• Exhibit 102: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 105: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 10.11 France - Market size and forecast 2022-2027
• Exhibit 106: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 109: Data Table on France - Year-over-year growth 2022-2027 (%)

• 10.12 UK - Market size and forecast 2022-2027
• Exhibit 110: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 113: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 10.13 Market opportunity by geography 
• Exhibit 114: Market opportunity by geography ($ million)

11 Drivers, Challenges, and Trends

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges 
• Exhibit 115: Impact of drivers and challenges in 2022 and 2027

• 11.4 Market trends

12 Vendor Landscape

• 12.1 Overview

• 12.2 Vendor landscape 
• Exhibit 116: Overview on Criticality of inputs and Factors of differentiation

• 12.3 Landscape disruption 
• Exhibit 117: Overview on factors of disruption

• 12.4 Industry risks 
• Exhibit 118: Impact of key risks on business

13 Vendor Analysis

• 13.1 Vendors covered 
• Exhibit 119: Vendors covered

• 13.2 Market positioning of vendors 
• Exhibit 120: Matrix on vendor position and classification

• 13.3 Ace Casual Furniture 
• Exhibit 121: Ace Casual Furniture - Overview
• Exhibit 122: Ace Casual Furniture - Product / Service
• Exhibit 123: Ace Casual Furniture - Key offerings

• 13.4 AKRacing America Inc. 
• Exhibit 124: AKRacing America Inc. - Overview
• Exhibit 125: AKRacing America Inc. - Product / Service
• Exhibit 126: AKRacing America Inc. - Key offerings

• 13.5 Arozzi North America 
• Exhibit 127: Arozzi North America - Overview
• Exhibit 128: Arozzi North America - Product / Service
• Exhibit 129: Arozzi North America - Key offerings

• 13.6 Bristol Technologies Sdn Bhd 
• Exhibit 130: Bristol Technologies Sdn Bhd - Overview
• Exhibit 131: Bristol Technologies Sdn Bhd - Product / Service
• Exhibit 132: Bristol Technologies Sdn Bhd - Key offerings

• 13.7 Corsair Gaming Inc. 
• Exhibit 133: Corsair Gaming Inc. - Overview
• Exhibit 134: Corsair Gaming Inc. - Business segments
• Exhibit 135: Corsair Gaming Inc. - Key news
• Exhibit 136: Corsair Gaming Inc. - Key offerings
• Exhibit 137: Corsair Gaming Inc. - Segment focus

• 13.8 Haworth Inc. 
• Exhibit 138: Haworth Inc. - Overview
• Exhibit 139: Haworth Inc. - Product / Service
• Exhibit 140: Haworth Inc. - Key offerings

• 13.9 HNI Corp. 
• Exhibit 141: HNI Corp. - Overview
• Exhibit 142: HNI Corp. - Business segments
• Exhibit 143: HNI Corp. - Key news
• Exhibit 144: HNI Corp. - Key offerings
• Exhibit 145: HNI Corp. - Segment focus

• 13.10 Kimball International Inc. 
• Exhibit 146: Kimball International Inc. - Overview
• Exhibit 147: Kimball International Inc. - Business segments
• Exhibit 148: Kimball International Inc. - Key offerings
• Exhibit 149: Kimball International Inc. - Segment focus

• 13.11 MillerKnoll Inc. 
• Exhibit 150: MillerKnoll Inc. - Overview
• Exhibit 151: MillerKnoll Inc. - Business segments
• Exhibit 152: MillerKnoll Inc. - Key offerings
• Exhibit 153: MillerKnoll Inc. - Segment focus

• 13.12 Okamura Corp. 
• Exhibit 154: Okamura Corp. - Overview
• Exhibit 155: Okamura Corp. - Business segments
• Exhibit 156: Okamura Corp. - Key offerings
• Exhibit 157: Okamura Corp. - Segment focus

• 13.13 Steelcase Inc. 
• Exhibit 158: Steelcase Inc. - Overview
• Exhibit 159: Steelcase Inc. - Business segments
• Exhibit 160: Steelcase Inc. - Key offerings
• Exhibit 161: Steelcase Inc. - Segment focus

• 13.14 Thermaltake Technology Co. Ltd. 
• Exhibit 162: Thermaltake Technology Co. Ltd. - Overview
• Exhibit 163: Thermaltake Technology Co. Ltd. - Product / Service
• Exhibit 164: Thermaltake Technology Co. Ltd. - Key offerings

• 13.15 ThunderX3 
• Exhibit 165: ThunderX3 - Overview
• Exhibit 166: ThunderX3 - Product / Service
• Exhibit 167: ThunderX3 - Key offerings

• 13.16 TOPSTAR GmbH 
• Exhibit 168: TOPSTAR GmbH - Overview
• Exhibit 169: TOPSTAR GmbH - Product / Service
• Exhibit 170: TOPSTAR GmbH - Key offerings

• 13.17 True Innovations 
• Exhibit 171: True Innovations - Overview
• Exhibit 172: True Innovations - Product / Service
• Exhibit 173: True Innovations - Key offerings

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist 
• Exhibit 174: Inclusions checklist
• Exhibit 175: Exclusions checklist

• 14.3 Currency conversion rates for US$ 
• Exhibit 176: Currency conversion rates for US$

• 14.4 Research methodology 
• Exhibit 177: Research methodology
• Exhibit 178: Validation techniques employed for market sizing
• Exhibit 179: Information sources

• 14.5 List of abbreviations 
• Exhibit 180: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio