Product Code: ETC7552329 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India racing chair market import shipment demonstrated robust growth from 2020 to 2024, with a notable CAGR of 24.0%. However, there was a sharp decline in growth rate between 2023 and 2024 by -24.4%, indicating a slowdown in market expansion towards the end of the period.
The India Racing Chair Market is witnessing significant growth due to the rising popularity of gaming and e-sports in the country. Racing chairs are ergonomic, stylish, and offer enhanced comfort and support during long gaming sessions, making them increasingly popular among gamers and office workers alike. Key factors driving market growth include the increasing disposable income of consumers, the growing gaming culture in India, and the rise of professional e-sports competitions. Major players in the India Racing Chair Market include brands like Ant Esports, Green Soul, and Circle Gaming, offering a wide range of products catering to different preferences and budgets. As the demand for high-quality gaming equipment continues to rise, the India Racing Chair Market is expected to expand further in the coming years.
The India Racing Chair Market is experiencing a surge in demand due to the rising popularity of gaming and esports in the country. Consumers are increasingly looking for ergonomic and stylish gaming chairs that offer comfort and support during long gaming sessions. Key trends in the market include the integration of advanced features such as adjustable armrests, lumbar support, and reclining capabilities to enhance the gaming experience. Additionally, there is a growing focus on customization options and designs to cater to different consumer preferences. Opportunities in the market lie in targeting the expanding gaming community, collaborating with gaming influencers for marketing, and leveraging e-commerce platforms for wider reach. With the gaming industry booming in India, the Racing Chair Market presents a promising opportunity for growth and innovation.
In the India Racing Chair market, some challenges faced include intense competition from both domestic and international brands, resulting in price wars and pressure on profit margins. Another challenge is the lack of awareness and understanding among consumers regarding the benefits and features of racing chairs compared to traditional office chairs. Additionally, the high import duties and taxes on gaming and ergonomic furniture in India contribute to increased product costs, making it difficult for manufacturers to offer competitive pricing. Furthermore, the limited distribution channels and offline retail presence hinder the reach of racing chairs to a wider audience, especially in tier 2 and tier 3 cities. Overcoming these challenges will require strategic marketing efforts, educating consumers, and establishing efficient distribution networks to tap into the growing demand for gaming and ergonomic furniture in India.
The India Racing Chair Market is primarily driven by the growing popularity of esports and gaming culture among the youth population. As more individuals engage in competitive gaming and seek immersive experiences, the demand for racing chairs with ergonomic designs and customizable features is increasing. Additionally, the rising trend of setting up home gaming stations and the emphasis on comfort during long gaming sessions have further fueled the demand for racing chairs in the Indian market. The competitive pricing offered by various manufacturers and the availability of a wide range of designs also contribute to the growth of the market. Overall, the convergence of gaming as a mainstream form of entertainment and the desire for enhanced gaming experiences are key drivers propelling the India Racing Chair Market.
Government policies related to the India Racing Chair Market are primarily focused on regulating the safety standards and quality of products. The Bureau of Indian Standards (BIS) has set specific guidelines for the manufacturing and testing of chairs to ensure they meet the necessary standards for durability and safety. Additionally, the Goods and Services Tax (GST) is applicable to racing chairs, impacting their pricing and distribution in the market. Import regulations and tariffs also play a role in shaping the competitive landscape of the market. Overall, government policies in India aim to promote consumer safety and fair competition within the racing chair industry through regulatory frameworks and quality control measures.
The India Racing Chair Market is expected to witness significant growth in the coming years, driven by increasing demand for gaming peripherals and accessories among the country`s rapidly growing gaming community. The rising popularity of esports and online gaming platforms is fueling the demand for high-quality, ergonomic racing chairs that offer comfort and support during long gaming sessions. Additionally, the growing disposable income levels and changing lifestyle preferences of the Indian population are expected to further boost the market for racing chairs. Manufacturers are likely to focus on product innovation, such as incorporating advanced features like adjustable armrests, lumbar support, and customizable designs to cater to the evolving needs of consumers. Overall, the India Racing Chair Market is poised for expansion and is projected to experience robust growth in the foreseeable future.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Racing Chair Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Racing Chair Market Revenues & Volume, 2021 & 2031F |
3.3 India Racing Chair Market - Industry Life Cycle |
3.4 India Racing Chair Market - Porter's Five Forces |
3.5 India Racing Chair Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Racing Chair Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Racing Chair Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of e-sports and gaming culture in India. |
4.2.2 Increasing disposable income and willingness to spend on gaming accessories. |
4.2.3 Rising demand for ergonomic and comfortable seating solutions among gamers. |
4.3 Market Restraints |
4.3.1 High cost associated with premium racing chairs may limit mass adoption. |
4.3.2 Limited awareness and penetration of racing chairs in the Indian market. |
4.3.3 Presence of alternative seating options for gaming and office use. |
5 India Racing Chair Market Trends |
6 India Racing Chair Market, By Types |
6.1 India Racing Chair Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Racing Chair Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 India Racing Chair Market Revenues & Volume, By Household, 2021- 2031F |
6.1.4 India Racing Chair Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2 India Racing Chair Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Racing Chair Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 India Racing Chair Market Revenues & Volume, By Offline, 2021- 2031F |
7 India Racing Chair Market Import-Export Trade Statistics |
7.1 India Racing Chair Market Export to Major Countries |
7.2 India Racing Chair Market Imports from Major Countries |
8 India Racing Chair Market Key Performance Indicators |
8.1 Average time spent gaming per capita in India. |
8.2 Number of gaming events and tournaments held in India. |
8.3 Percentage of gamers using ergonomic seating solutions. |
8.4 Number of gaming cafes and lounges offering racing chairs. |
8.5 Adoption rate of racing chairs among professional gamers in India. |
9 India Racing Chair Market - Opportunity Assessment |
9.1 India Racing Chair Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Racing Chair Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Racing Chair Market - Competitive Landscape |
10.1 India Racing Chair Market Revenue Share, By Companies, 2024 |
10.2 India Racing Chair Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |