Market Overview:
The global indoor and outdoor bean bags market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for comfortable seating from residential as well as commercial applications. Additionally, the growing trend of using bean bags for interior decoration is also contributing to the growth of this market. The global indoor and outdoor bean bags market can be segmented on the basis of type into cloth, leather, and plush. Of these, cloth-based bean bags are expected to witness highest growth during the forecast period owing to their low price point and durability. On the basis of application, commercial applications are expected to account for a larger share in terms of revenue in this market than residential applications during the forecast period. This is primarily due to increasing demand for comfortable seating arrangements from restaurants, hotels, offices etc.
Product Definition:
An outdoor bean bag is a type of chair that is filled with beans or some other type of stuffing and is designed for use outdoors. An indoor bean bag is a type of chair that is filled with beans or some other type of stuffing and is designed for use indoors.
Cloth:
Cloth, also known as clothoid or textile material is a flexible material that is woven or knitted from cotton, silk, wool or other fibrous material. Cloth can be used in bean bags for indoor and outdoor applications. It provides better comfort than leather and plastic materials due to its soft texture. The growth factor for the market is increasing demand from end-user industries such as home furnishing and interior designing industry which will drive the market over the forecast period.
leather:
Leather is a durable, flexible, and dry material made from the skin of cattle. It can be processed into various types including full-grain or top-grain leather. Leather is used in many products such as handbags & wallets; apparel such as jackets and vests; home furnishing & décor items like sofas, chairs, beds; automotive interior & exterior components like steering wheels and gear shifts; footwear etc.
Application Insights:
The commercial application segment led the global market and accounted for more than 70.0% share of the total revenue in 2017. The growth can be attributed to increasing construction activities in developing countries, such as India, Indonesia and Malaysia; rising demand from hotels, restaurants and food chains across the globe; rapid expansion of retail stores by multinational companies; and favorable government policies promoting tourism.
The residential sector is expected to witness significant growth over the forecast period owing to growing urbanization in developing countries coupled with a rise in disposable income among consumers there. Moreover, easy availability of loans has boosted household consumption expenditure on furniture including sofas that require protection against noise pollution during gatherings or social events at home or work places respectively.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period owing to increasing disposable income, growing population, and rising construction spending. In addition, countries such as China and India are experiencing a rapid rise in urbanization due to changing lifestyles of individuals coupled with an increase in their purchasing power. This has led to an increased demand for restaurants and food chains across these countries which will boost product sales over the next eight years.
Growth Factors:
- Increasing demand for comfortable seating options: The growing demand for comfortable and stylish seating options is one of the key growth drivers for the global indoor and outdoor bean bags market. Bean bags are considered as one of the most comfortable seating options, which is why their popularity has been increasing over the past few years.
- Rising disposable income levels: Another major factor that is driving the growth of this market is rising disposable income levels across regions, especially in developing countries such as India and China. This has resulted in an increase in consumer spending on a variety of products, including indoor and outdoor bean bags.
- Growing trend of home décor: The growing trend of home décor among consumers is also contributing to the growth of this market, as they are increasingly opting for furniture pieces that can add comfort and style to their homes simultaneously. Bean bags fit perfectly into this requirement, making them a popular choice among consumers worldwide.
- . Technological advancements: With technological advancements taking place at a rapid pace, manufacturers are coming up with new designs and features for bean bags that are attracting consumers’ attention significantly.. This is helping to drive sales globally and propel market growth further.. 5) Availability through online channels: One more factor aiding in the expansion o fthe global indoor an doutdoorbeanbagsmarketis availability through online channels .This allowsconsumersacrosstheworldtobuytheseproductsdirectlyfromthemanufactureroranauthorizedretail
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor and Outdoor Bean Bags Market Research Report
By Type
Cloth, leather, Plush
By Application
Residential, Commercial
By Companies
American Furniture Alliance, Comfort Research, GDF Studio, Hudson Industries (Gold Medal), Luvu Brands(Jaxxbeanbags), CordaRoy, American Furniture Alliance
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Indoor and Outdoor Bean Bags Market Report Segments:
The global Indoor and Outdoor Bean Bags market is segmented on the basis of:
Types
Cloth, leather, Plush
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- American Furniture Alliance
- Comfort Research
- GDF Studio
- Hudson Industries (Gold Medal)
- Luvu Brands(Jaxxbeanbags)
- CordaRoy
- American Furniture Alliance
Highlights of The Indoor and Outdoor Bean Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloth
- leather
- Plush
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Indoor and Outdoor Bean Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Indoor bean bags are made of a soft, durable fabric and are designed to be filled with beans, making them perfect for playing games such as bag tag or hide-and-seek. Outdoor bean bags are made of a tougher fabric and can be used for activities such as throwing balls or hitting targets.
Some of the major players in the indoor and outdoor bean bags market are American Furniture Alliance, Comfort Research, GDF Studio, Hudson Industries (Gold Medal), Luvu Brands(Jaxxbeanbags), CordaRoy, American Furniture Alliance.
The indoor and outdoor bean bags market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indoor and Outdoor Bean Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Indoor and Outdoor Bean Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor and Outdoor Bean Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Indoor and Outdoor Bean Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Indoor and Outdoor Bean Bags Market Size & Forecast, 2020-2028
4.5.1 Indoor and Outdoor Bean Bags Market Size and Y-o-Y Growth
4.5.2 Indoor and Outdoor Bean Bags Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloth
5.2.2 leather
5.2.3 Plush
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor and Outdoor Bean Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Indoor and Outdoor Bean Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloth
9.6.2 leather
9.6.3 Plush
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloth
10.6.2 leather
10.6.3 Plush
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloth
11.6.2 leather
11.6.3 Plush
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloth
12.6.2 leather
12.6.3 Plush
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloth
13.6.2 leather
13.6.3 Plush
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Indoor and Outdoor Bean Bags Market: Competitive Dashboard
14.2 Global Indoor and Outdoor Bean Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Furniture Alliance
14.3.2 Comfort Research
14.3.3 GDF Studio
14.3.4 Hudson Industries (Gold Medal)
14.3.5 Luvu Brands(Jaxxbeanbags)
14.3.6 CordaRoy
14.3.7 American Furniture Alliance
