The global Bean Bag Chairs market was valued at 122.51 Million USD in 2020 and will grow with a CAGR of 1.45% from 2020 to 2027, based on HNY Research newly published report. The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography (North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
This report "Global
and Regional Bean Bag Chairs Industry Status and Prospects Professional Market
Research Report Standard Version 2021-2027" is a large fabric bag,
filled with polystyrene beads (Sacco chair), dried beans, or a similar
substance. The product is an example of an anatomic chair. The shape of the
object is set by the user. Although designed to be a chair, due to its
amorphous nature it is often confused with tuffets and ottomans. North America
ranks the top in terms of Sales volume of Bean Bag Chairs worldwide, it
consists of 66.22% of the global market in 2017. Europe comes the second, with
16.44% of the global market.
Asia Pacific, South America,
Middles East and Africa Market are yet to be developed, mainly due to
insufficient demand. Since most of the people in these areas still prefer the
traditional types of chairs. Companies in these regions are quite reluctant to
purchase bean bag chairs to decorate their offices. The market for these
regions occupies only 17.34% of the global Bean Bag Chairs market in the same
year. The Bean Bag Chairs market concentration is quite high. There are about a
hundred of brands in USA right now, only about 20% of them are large scale
producers, who had operated for quite a long time. A Large amount of them only
sell products on the internet, without having a Brick and Mortar store.
They sell a limited number
of products, but some of them are very popular, wining a lot of customers.
There are many furniture distributors of Bean Bag Chairs in Europe and USA.
These distributors help many small-scale companies sell their products. Except
from MUJI, almost all the big scale Beanbag Chair Producers are from USA.
Yogibo ranks the first in terms of Revenue market share in global market of
Bean Bag Chairs, occupies 14.82% of the global market share in 2017; While,
MUJI, with a market share of 9.10%, comes the second; All the other
manufacturers which are not included in the report together consist of about
33.08% of the global market in 2017.
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By
Market Verdors:
Ace Bayou Corp
Yogibo
MUJI
Sumo
Bean Bag City
KingBeany
Jaxx Bean Bags
GoldMedal
Cordaroy's
Fatboy USA
Comfy Sacks
Love Sac
Ultimate Sack
Intex
Full of Beans
By
Types:
Kids Bean Bag Chairs
Adult Bean Bag Chairs
Jumbo Size Bean Bag Chairs
By
Applications:
Household
Commercial
Key
Indicators Analysed
Market
Players & Competitor Analysis: The report covers the key
players of the industry including Company Profile, Product Specifications,
Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 &
Sales with a thorough analysis of the market's competitive landscape and
detailed information on vendors and comprehensive details of factors that will
challenge the growth of major market vendors.
Global
and Regional Market Analysis: The report includes Global
& Regional market status and outlook 2016-2027. Further the report provides
break down details about each region & countries covered in the report.
Identifying its sales, sales volume & revenue forecast. With detailed
analysis by types and applications.
Market
Trends: Market key trends which include Increased Competition
and Continuous Innovations.
Opportunities
and Drivers: Identifying the Growing Demands and New
Technology
Porters
Five Force Analysis: The report provides with the state of
competition in industry depending on five basic forces: threat of new entrants,
bargaining power of suppliers, bargaining power of buyers, threat of substitute
products or services, and existing industry rivalry.
For More
Information, refer to below link:-
Global
Bean Bag Chairs Market Research Report
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