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Bean Bag Chairs Market 2025 Global Size | Trending Key Companies, Trends, Growth and Regional Forecasts

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Rahul Sharma
Bean Bag Chairs Market 2025 Global Size | Trending Key Companies, Trends, Growth and Regional Forecasts

The global Bean Bag Chairs Market is projected to reach USD 4.3 billion by 2025 with a CAGR of 4.0%, during the forecast period 2019 to 2025, as per the new report published by Million Insights. The rising number of construction activities in developed nations such as Germany, France, and the U.K and changing lifestyle of the consumers are anticipated to be the key driving factors for the market growth. Additionally, the rising applications of bean bags in various commercial sectors such as hotels, cafes, lounges, restaurants, food joints, and various other commercial places are anticipated to create a huge opportunity for the market during the forecast period, 2019 to 2025.

 

Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-bean-bag-chairs-market/request-sample

 

Market Synopsis of Bean Bag Chairs Market:

 

The indoor segment has captured the largest market share of 78.4% in 2018, owing to the rising number of commercial and residential spaces with reduced carpet area. Moreover, bean bags are portable and available in various sizes, patterns, and colors. Additionally, it occupies less space and can be used for relaxation and hangout purposes. These factors are projected to fuel market growth in the next few years. The outdoor segment is projected to see the fastest growth with a CAGR of 5.2%, owing to the rising demand for premium quality furniture’s in offices and hospitality sectors.

 

Bean bags are mostly used in schools and daycare centers, owing to its comfort, lightweight, and portable features. Moreover, it also reduces health problems like lower back pain, headaches, and tight shoulders, which, in turn, is projected to fuel growth of bean bag chairs market in the next few years. Additionally, with the rising availability of the products at retail stores are projected to propel the market growth in the forthcoming years. For instance, according to a study, about 49% of Americans choose to buy products from retail stores. Furthermore, rising use of bean bags while gaming, eating, watching television, and reading are anticipated to aid the market growth in upcoming years.

 

Europe has captured the largest market share in 2018, owing to shifting preferences of consumers towards modernized, innovative and luxurious products. Additionally, the rising number of government initiatives are anticipated to boost the market growth. For example, the German government has increased the construction of housing to reduce the number of rented houses. Additionally, the German government is planning to build 1.5 million new houses by spending more than EUR 5 billion until 2021. Thus, growing residential construction is likely to bolster the product demand.

 

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-bean-bag-chairs-market

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Bean Bag Chairs: Market Variables, Trends & Scope              

Chapter 4 Bean Bag Chairs: Product Estimates & Trend Analysis

Chapter 5 Bean Bag Chairs: Application Estimates & Trend Analysis

Chapter 6 Bean Bag Chairs: End-use Estimates & Trend Analysis

Chapter 7 Bean Bag Chairs: Industrial End-use Estimates & Trend Analysis

Chapter 8 Bean Bag Chairs: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Bean Bag Chairs: Manufacturers Company Profiles

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