What is the global market size of Bean Bag Chair Market?

Global Bean Bag Chair Market size was valued at USD 2.9 billion in 2021 and is poised to grow from USD 3.01 billion in 2022 to USD 3.77 billion by 2030, growing at a CAGR of 3.7% in the forecast period (2023-2030).

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

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

Bean Bag Chair Market Competitive Landscape

The global 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.

Bean Bag Chair Market Top Player's Company Profiles

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 Bag Chair Market Recent Development

In February 2022, The Lovesac Company, Opening its first showroom in the Lehigh Valley is a specialty furniture company known for its modular "Sactional" couches and "Sac" bean bag chairs.
In May 2021, LOVESAC, The product in issue is a limited-edition piece from the Lovesac x Jeremy Scott collaboration, which was created in association with the well-known bean bag company and the fashion designer.

Bean Bag Chair Market Report Snapshots

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

Bean Bag Chair Market Competitive Landscape

Bean Bag Chair Market Report Snapshots

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