Key Takeaways from Analyst
Gaming chair market continues to witness strong growth globally driven by the rising popularity of esports and increasing number of PC gamers. Increased indoor activity during the pandemic further boosted the demand for comfortable chairs for extended gaming sessions. While the demand is growing, availability of low-cost substitutes poses a challenge for premium gaming chair makers. Younger consumers especially in developing markets often opt for cheaper office chairs or DIY gaming setups instead of expensive branded chairs.
Asia Pacific currently dominates the gaming chair market led by the large gaming community in the China, South Korea, and Japan. However, the North America region is expected to be the fastest growing market in the coming years. Countries like the U.S. and Canada have a thriving esports culture while India has a young demographic and rising interest in PC gaming which will drive future growth. Within Asia Pacific, China has emerged as a major manufacturing hub for gaming chairs catering to both domestic and international demand for gaming chairs.
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