Global Bean Bag Chair Market

Bean Bag Chair Market Size, Share, Growth Analysis, By Product Type(Indoor, Outdoor), By Distribution Channel(Online, Offline) - Industry Forecast 2024-2031


Report ID: SQSG25F2004 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 61 | Figures: 75

Bean Bag Chair Market Insights

Global Bean Bag Chair Market size was valued at USD 2.9 billion in 2019 and is poised to grow from USD 3.01 billion in 2023 to USD 3.77 billion by 2031, growing at a CAGR of 3.7% in the forecast period (2024-2031).

Large cushions called "bean bags" are used as sitting in furniture and are constructed of polystyrene beads. They are available in many forms, dimensions, hues, and patterns. Leather, corduroy, suede, and faux fur are just a few of the materials used to make bean bags. Although bean bags are typically used indoors, some, like polyester bean bags, can be used outside thanks to their higher durability and water resistance. As an alternative to larger sofas or couches, some people prefer bean bags. Bean bags are trendy right now, especially among younger people. They are lightweight and comfy.

Children enjoy using bean bag variations such as mini bean bags, which come in a variety of sizes and fillings. For pool activities, jacuzzis, and other floating objects, floating bean bags can be employed. In addition to these additional uses, bean bags can also be used as beds for cats and dogs as well as radiant heating pads when filled with seeds and grains like flax and cherry pits or cereals like wheat, corn, and barley. In addition, bean bags have been used by photographers in place of camera stands. Additionally, bean bags are being transformed into infant safety helmets.

US Bean Bag Chair Market is poised to grow at a sustainable CAGR for the next forecast year.

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Bean Bag Chair Market size was valued at USD 2.9 billion in 2019 and is poised to grow from USD 3.01 billion in 2023 to USD 3.77 billion by 2031, growing at a CAGR of 3.7% in the forecast period (2024-2031).

The bean bag chair market is highly competitive due to the presence of top players operating in the market. The increasing popularity of luxury and modern furniture is the main factor driving demand for bean bag chairs over the forecast period. The market is identified by several strategic activities such as expansions, mergers and acquisitions, and product and technological innovations, attempted by key manufacturers in the industry. 'Lovesac', 'Sumo Lounge', 'Bean Bag Boss', 'Ultimate Sack', 'Fatboy', 'CordaRoy's', 'Comfy Sacks', 'Yogibo', 'Big Joe', 'Jaxx Bean Bags', 'Relax Sacks', 'Cozy Sack', 'Lumaland', 'American Furniture Alliance', 'Chill Sack', 'Great Deal Furniture', 'Modern Bean Bag', 'Gold Medal Bean Bags', 'Big Bertha Original', 'Sofa Sack'

Bean bags have a variety of uses, including in residential areas, commercial buildings, and workplaces. The number of residential buildings being built, the growth of the real estate sector, and the rise in cafés and lounges, among other businesses, are all expected to increase demand for bean bags.

The demand for the product is anticipated to increase in the coming years due to the growing use of bean bag chairs to furnish living rooms, bedrooms, and dorm rooms. Additionally, we can observe the growing popularity of bean bag seats in swimming pools on both public and private premises worldwide. It can also be used as a radiant heating pad, producing a warm temperature when filled with natural materials like corn, oats, barley, wheat, rice, flax seeds, and cherry pits. Throughout the forecast period, this is also anticipated to fuel the market for bean bag chairs.

In 2021, Europe accounted for the largest market share. This region has a significant revenue share due to the rising demand for branded, premium-quality furniture products and consumers' shifting preferences toward modern, opulent products. Furthermore, it is anticipated that the presence of well-known businesses in the area will accelerate market expansion over the coming years.

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Global Bean Bag Chair Market

Product ID: SQSG25F2004

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