According to the new market research report “Gaming Furniture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Gaming Furniture market size is projected to grow from USD 2.29 billion in 2024 to USD 4.65 billion by 2030, at a CAGR of 12.53% during the forecast period (2024-2030).
- Global Gaming Furniture Market Size (US$ Million), 2019-2030
Source: QYResearch, “Gaming Furniture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Gaming Furniture Top 11Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, “Gaming Furniture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
This report profiles key players of Gaming Furniture such as Secretlab SG Pte Ltd, Wudi Industry ( Shanghai ) Co., Ltd., Dxracer Technology Wuxi Co., Ltd., Logitech International S.A., Haworth Inc., Hangzhou Fighting Victory Technology Co., Ltd., Nowy Styl sp. z o.o., Cooler Master Technology Inc., DOWINX(Anji Leisa Furniture Co.,Ltd.), X Rocker Gaming, Inter IKEA Holding B.V., etc.
In 2023, the global top five Gaming Furniture players account for 40.34% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Gaming Furniture.
- Gaming Furniture, Global Market Size, Split by Product Segment
Source: QYResearch, “Gaming Furniture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product type, Gaming Chair is the largest segment, hold a share of 91.04%.
- Gaming Furniture, Global Market Size, Split by Application Segment
Source: QYResearch, “Gaming Furniture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product application, Residential is the largest application, hold a share of 96.37%.
- Gaming Furniture, Global Market Size, Split by Region
Source: QYResearch, “Gaming Furniture- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers:
The global gaming population is expanding rapidly, with more and more individuals embracing gaming as a hobby or profession. This growth is fuelled by the availability of high-speed internet, advancements in gaming technology, and the increasing popularity of esports. As the gaming community expands, the demand for specialized gaming furniture that enhances the gaming experience also increases.
Gamers are increasingly seeking immersive and realistic gaming experiences. This demand is driving the need for gaming furniture that offers superior comfort, stability, and ergonomics. Manufacturers are responding by developing innovative products that are designed to optimize the gaming experience, from ergonomic chairs that reduce fatigue to desks with cable management systems that keep workspaces tidy.
The popularity of esports has skyrocketed in recent years, with professional gaming tournaments attracting millions of viewers worldwide. This growth has led to increased demand for high-end gaming furniture that meets the needs of professional gamers and esports venues. Manufacturers are developing furniture that offers durability, performance, and style to cater to this segment.
With the increasing availability of gaming consoles, PCs, and other gaming devices, gaming has become a popular form of home entertainment. Consumers are investing in gaming furniture to create dedicated gaming spaces within their homes, further driving the demand for gaming furniture.
Challenge:
Gaming furniture needs to be designed with ergonomics in mind to ensure maximum comfort and prevent fatigue during long gaming sessions. Achieving the right balance between comfort, style, and functionality can be challenging for manufacturers.
The gaming furniture market is highly competitive, with numerous brands and manufacturers offering a wide range of products. This competition can make it difficult for companies to differentiate their products and stand out in the market. Manufacturers need to focus on innovation, quality, and branding to gain a competitive edge.
While gamers are willing to invest in high-quality gaming furniture for an immersive experience, they are also price-sensitive. Manufacturers need to carefully balance cost and quality to ensure their products are affordable while still meeting consumer expectations.
The gaming industry is constantly evolving with new technologies and platforms emerging rapidly. This rapid pace of change can be challenging for gaming furniture manufacturers to keep up with. Manufacturers need to invest in research and development to ensure their products are compatible with the latest gaming devices and technologies.
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