Beach Chairs market size is USD 0.215 billion in 2023 and will grow at a CAGR of 7.80% from 2023-2030: Cognitive Market Research
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Introduction of Beach Chair Market
A beach chair is a type of reclining furniture that individuals can use when they visit the beach, either for sunbathing or relaxing. These chairs are usually constructed with plastic frames and fabric seats and backs, resembling the deckchairs found on ships. The demand for beach chairs has been driven by several factors, including the expansion of hotel chains, the growth of the tourism industry in various countries, and the increase in disposable income.?
These developments empower businesses to offer better-tailored solutions and services, which, in turn, contribute to the growth of the Beach Chairs industry.?
For instance, in February 2022, IKEA made a significant announcement regarding its plans to allocate ￡1 billion for investments in London over a span of three years. This decision coincided with the opening of its inaugural high street IKEA store in the Hammersmith district of the British capital. The establishment of this store also marked the debut of an inner-city mall for the renowned furniture retailer.
Key Insights from Beach Chairs Market Report
The Global Beach Chairs market size is USD 0.215 billion in 2023 and will grow at a CAGR of 7.80% from 2023 to 2030.
Rising Outdoor Recreational Activities to Provide Viable Market Output
The beach chairs market is the increasing trend of outdoor recreational activities. As people seek relaxation and leisure outdoors, the demand for comfortable and portable seating options like beach chairs has soared. Families, tourists, and outdoor enthusiasts are actively engaging in beach outings, picnics, and camping trips. Beach chairs, designed for both comfort and convenience, have become essential accessories for these activities.?
Poltrona Frau, an Italy-based company, has recently expanded its range of outdoor furniture with the introduction of new products in the Boundless Living Collection. This collection features specially designed items for various settings such as residential back gardens, boat decks, and bar terraces, ensuring durability throughout the year.
With advancements in materials and designs, beach chairs now offer ergonomic support, durability, and portability, catering to the evolving needs of consumers. This trend is not limited to beaches but extends to parks, campgrounds, and outdoor events, fostering a consistent demand for beach chairs across various outdoor settings.
Tourism and Hospitality Industry Influence to Propel Market Growth
The Beach Chairs Market is the influence of the tourism and hospitality industry. Hotels, resorts, and beachside accommodations invest in high-quality, comfortable beach chairs to enhance the overall experience for their guests. Luxurious and well-equipped beach chairs are seen as value-added amenities, attracting tourists seeking relaxation and indulgence. Additionally, events such as beach weddings, corporate retreats, and outdoor parties fuel the demand for stylish and durable beach chairs. The hospitality sector's emphasis on guest satisfaction and creating aesthetically pleasing environments directly drives the market, encouraging manufacturers to innovate and produce chairs that align with the industry's standards and aesthetics.
Market Dynamics For Beach Chairs Market
The Beach Chairs Market is the high level of market saturation and intense competition among manufacturers and suppliers. With numerous players in the market offering similar products, differentiation becomes challenging. This situation often leads to price wars, impacting profit margins for businesses. Moreover, the market saturation makes it harder for new entrants to establish themselves without significant innovations or unique selling propositions. Existing companies face challenges in retaining customer loyalty due to the wide array of options available.
Impact of COVID-19 on the?Beach Chairs Market
The Beach Chairs Market, like many sectors, faced significant challenges due to the COVID-19 pandemic. With travel restrictions, lockdowns, and social distancing measures in place globally, the demand for beach chairs plummeted. Resorts, beaches, and outdoor recreational areas, which are primary markets for beach chairs, experienced reduced footfalls. Manufacturers and retailers faced disruptions in the supply chain, impacting production and distribution. Additionally, the economic uncertainty caused by the pandemic led consumers to cut down on non-essential expenditures, further dampening the market. However, the market also witnessed a shift in consumer behavior. As outdoor activities became one of the few avenues for leisure while maintaining social distance, there was a surge in demand for portable, lightweight, and comfortable beach chairs for personal use.
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Competitive Landscape of?Beach Chairs Market
The Beach Chairs Market is highly competitive, driven by innovation, design, and comfort. Major players, including renowned manufacturers and emerging startups, vie for market dominance, leading to a diverse and vibrant landscape. These players constantly strive to differentiate themselves by introducing new features and materials that enhance the overall beach chair experience.
Beach Chairs?Industry News
Top Companies Market Share in Beach Chairs Industry:
Beach Chairs Market Analysis
Type Segment Analysis:
According to Cognitive Market Research, folding beach chairs emerge as the dominant category in the Beach Chairs Market due to their practicality and convenience. These chairs are designed for portability, allowing users to easily carry and set them up at the beach, poolside, or any outdoor location. The collapsible feature makes them space-efficient and ideal for transportation, appealing to beachgoers and outdoor enthusiasts. Folding beach chairs often come with additional features such as cup holders, reclining options, and built-in canopies, enhancing their functionality and user experience.?
Cloth beach chairs are the fastest-growing category in the market due to their comfort, durability, and attractive designs. These chairs typically feature padded seats and backrests, providing superior comfort for extended use. The use of high-quality, weather-resistant fabrics ensure longevity, making them a preferred choice for customers seeking durable and long-lasting beach chairs. Moreover, manufacturers often offer a wide range of designs, colors, and patterns, catering to different consumer preferences and style choices. As the demand for aesthetically pleasing and comfortable beach furniture rises, cloth beach chairs witness rapid growth in the market, attracting customers looking for both functionality and visual appeal in their outdoor seating options.
Application Segment Analysis:
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North America Beach Chairs Market?accounted for?38% of the global market share in 2022
According to Cognitive Market Research, The Beach Chairs Market in North America stands as the largest and most thriving region, constituting 38% of the global market share. This dominance is particularly evident in the United States, which has emerged as a key player in the industry. The significant market share in North America, particularly in the United States, can be attributed to the region's robust tourism industry, which includes beachfront resorts, hotels, and recreational areas. The high disposable income, coupled with a strong inclination toward outdoor activities and leisure, propels the demand for beach chairs. Moreover, the continuous efforts of manufacturers and suppliers to introduce advanced features and environmentally conscious products further stimulate market growth. As a result, North America, led by the USA, remains the epicenter of the global Beach Chairs Market, showing no signs of slowing down in the foreseeable future.
The Beach Chairs Market in the Asia Pacific region has witnessed remarkable growth, emerging as the fastest-growing sector with a substantial 24% market share. This growth is attributed to the region's increasing focus on leisure and outdoor activities, rising disposable incomes, and a surge in tourism-related ventures. The Asia Pacific region's Beach Chairs Market has become a hub of innovation and opportunity. Countries like Thailand, with their scenic coastlines, have become pivotal players, contributing significantly to the region's overall growth. As the region continues to witness economic development and an increasing number of tourists seeking beachside relaxation, the demand for beach chairs is expected to soar.
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