Bean Bag Chairs Market Size, Share & Trends Analysis Report By Product (Indoor, Outdoor), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global bean bag chairs market size is anticipated to reach USD 4.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. Rising construction activities in developed countries including U.S., Germany, U.K., and France are expected to assist in the growth of this market. In addition, supportive government initiatives such as homes for all will promote growth of the market.

For instance, in 2018, the German government tried to speed up the construction of housing and limit rent rises as it seeks to tackle a drastic shortage of affordable housing. The government plans to build around 1.5 million new houses by 2021. Furthermore, they are planning to invest over 5 billion euros for social housing and expected to build around 100,000 new social flats by 2021.

The indoor segment held a leading share of 78.4% in 2018. Gradually, rooms in modern house are losing their traditional use and becoming spaces with numerous possible functions. Beanbags can cater to that need by being portable and functioning as a seat, side table, footstool or floor cushion. The outdoor segment is anticipated to expand at the fastest CAGR of 5.2% over the forecast period owing to growing popularity of these chairs in offices and restaurants.

The online segment is anticipated to expand at the fastest CAGR of 6.4% over the forecast period. Increasing penetration of smartphone and exposure to digital media, especially in developing countries such as India and China, is expected to assist in sale of these products through the online channel. In addition, online retailers such as Wayfair.com and Brookstone.com are focusing on making this product a main category in modern furniture, thereby boosting the growth of bean bag chairs market.

Europe held a leading share of 37.4% in 2018. The market is driven by rise in the construction of houses in the region. Asia Pacific is projected to witness the fastest growth over the forecast period due to rising popularity of luxury and branded furniture including bean bag chairs, especially in countries like India and China. Moreover, increasing penetration of players such as MUJI and IKEA, coupled with surge in number of retail outlets, is expected to promote growth of the market in upcoming years.

Key players operating in the market include Lovesac; Yogibo LLC; Fatboy; SUMO LOUNGE INTERNATIONAL; AFA Inc.; LUVU BRANDS; CordaRoy's; Comfy Sacks; Lumaland Inc.; and MUJI.

Further key findings from the report suggest:

• North America is anticipated to witness significant growth from 2019 to 2025 owing to shifting consumer preference from conventional to modern and luxury furniture

• The bean bag chairs market in Europe was valued at USD 1.2 billion in 2018

• Asia Pacific is anticipated to expand at the highest CAGR of 5.8% from 2019 to 2025 due to rise in product availability

• The global market is highly competitive in nature due to presence of key players such as Lovesac and Yogibo LLC.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Bean Bag Chairs Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Bean Bag Chairs Market
                  3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Bean Bag Chairs Market: Product Estimates & Trend Analysis
                  5.1. Product Movement Analysis & Market Share, 2018 & 2025
                  5.2. Indoor Bean Bag Chair
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Outdoor Bean Bag Chair
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Bean Bag Chairs Market: Distribution Channel Estimates & Trend Analysis
                  6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                  6.2. Offline
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Online
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Bean Bag Chairs Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      7.3.4. Germany
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      7.3.5. U.K.
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      7.3.6. France
                          7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      7.4.4. China
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  7.5. Central & South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      7.5.4. Brazil
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                  7.6. Middle East & Africa
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                      7.6.4. UAE
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.6.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                  9.1. Lovesac.
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Product Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Yogibo LLC
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Product Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Fatboy 
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Product Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. SUMO LOUNGE INTERNATIONAL.
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Product Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. AFA Inc.
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Product Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. LUVU BRANDS
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Product Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. CordaRoy's
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Product Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Comfy Sacks
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Product Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. Lumaland Inc.
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Product Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. MUJI
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Product Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

1. Bean Bag Chairs - Key market driver analysis
2. Bean Bag Chairs - Key market restraint analysis
3. Global indoor bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
4. Global outdoor bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
5. Global bean bag chairs market estimates and forecast through offline, 2015 - 2025 (USD Million)
6. Global bean bag chairs market estimates and forecast through online, 2015 - 2025 (USD Million)
7. North America bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
8. North America bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
9. North America bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
10. U.S. bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
11. U.S. bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
12. U.S. bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
13. Europe bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
14. Europe bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
15. Europe bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
16. Germany bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
17. Germany bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
18. Germany bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
19. U.K. bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
20. U.K. bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
21. U.K. bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
22. France bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
23. France bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
24. France bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
25. Asia Pacific bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
26. Asia Pacific bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
27. Asia Pacific bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
28. China bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
29. China bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
30. China bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
31. Central & South America bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
32. Central & South America bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
33. Central & South America bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
34. Brazil bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
35. Brazil bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
36. Brazil bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
37. Middle East & Africa bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
38. Middle East & Africa bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
39. Middle East & Africa bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
40. UAE bean bag chairs market estimates and forecast, 2015 - 2025 (USD Million)
41. UAE bean bag chairs market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
42. UAE bean bag chairs market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
43. Vendor landscape

List of Figures

1. Bean Bag Chairs market snapshot 
2. Bean Bag Chairs market segmentation & scope
3. Bean Bag Chairs market penetration & growth prospect mapping
4. Bean Bag Chairs value chain analysis
5. Bean Bag Chairs market dynamics
6. Bean Bag Chairs market: Porter's analysis 
7. Bean Bag Chairs market: Product movement analysis
8. Bean Bag Chairs market: Distribution Channel movement analysis
9. Bean Bag Chairs market: Regional movement analysis