North & Latin America Ergonomic Chair Market Size By Type (2-3 Degrees of Freedom Adjustment, and >3 Degrees of Freedom Adjustment), By Application (Enterprise Procurement, Government Procurement), By Geographic Scope And Forecast

North & Latin America Ergonomic Chair Market Size And Forecast

North & Latin America Ergonomic Chair Market size was valued at USD 2,642.79 Million in 2021 and is projected to reach USD 4,082.88 Million by 2030, growing at a CAGR of 4.96% from 2023 to 2030.

New job openings across North & Latin America are expected to fuel the growth of the market. Growing entrepreneurial activities and the rising need to improve the standard of living amongst the North American and Latin American populations are also aiding the demand for small and medium businesses. The North & Latin America report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

North & Latin America Ergonomic Chair Market Definition

The Ergonomic Chairs are designed to help the user to sit comfortably for long working periods. These chairs are more comfortable than the other standard chairs and provide the user to customize the fit to the body or sitting preferences. They help in improving productivity and enhancing job satisfaction. The ergonomic chairs help reduce the risk of musculoskeletal injuries such as back pain. These further improve back pain by supporting proper posture and hip and pelvis alignment. It prevents slouching and forward head posture and reduce the need for repetitive trunk flexion.

An ergonomic chair is mainly utilized in different firms and other business areas where employees operate in a sitting position for extended hours. Adjustable seats, brackets, and natural postures, which minimize back discomfort and stress during the lengthy seating time, are ergonomic chairs. Currently, the offices are selecting ergonomic chairs over standard chairs to make the workplace healthier and happier and boost employees’ productivity. The increase in workforce, rise in health and well-being concerns for employees, increased awareness of obesity, and increased workplace injury complaints across North and Latin America are the vital drivers for the growth of the ergonomic chair market. The adjustable seat depth and contour of the seat back supports the lumbar spine. This helps prevent slouching and promotes sitting in the proper position with all comfort. Few ergonomic chairs allow adjusting the angle or tilt of the seatback. This helps reduce abnormal strain on the body, prevents harmful positions, and enables users to achieve more custom fit than standard chairs.

North & Latin America Ergonomic Chair Market Overview

New job openings across North & Latin America are expected to fuel the growth of the market. The technology industry is booming around North as well as Latin America creating new job opportunities for the growing population. Furthermore, other industries such as construction, infrastructure development, manufacturing, and telecommunications are also fueling the job market across North America & Latin America. Amongst all American countries, the United States is creating more jobs for domestic as well as international talents. Additionally, rising demand from small and medium businesses fueling the growth of the market. Growing industrialization, globalization, and developments in major geographical areas such as North America and Latin America, are aiding the growth of small and medium businesses across various business domains around the world especially across developing as well as underdeveloped economies. Growing entrepreneurial activities and the rising need to improve the standard of living amongst the North American and Latin American populations are also aiding the demand for small and medium businesses. The majority of the businesses around North America and Latin America are accounted for by the small and medium businesses as they play a major role in most economies, particularly in developing countries across the region. According to the World Bank Organization Data, small and medium businesses are accounted for 90% of the total global businesses and they also generate more than 50% of employment worldwide.

However, the expensive nature of ergonomic chairs restraining the growth of the market. Ergonomic office chairs are expensive; they can cost almost twice as much as standard chairs. The average starting price of an ergonomic chair is USD 100, which would significantly increase the expenses. The parts of an ergonomic chair are usually expensive and therefore increase the cost of maintenance. Therefore, high prices and high maintenance costs hamper the growth of the North & Latin America Ergonomic Chair Market.

Furthermore, technological advancements in ergonomic chairs offer lucrative growth opportunities for the market. Internet of Things (IoT) is characterized by machine learning and machine-to-machine communication, enabling sophisticated monitoring and control of processes. Thus, IoT has a wide range of applications, such as smart business, smart infrastructure, smart project management, smart market, smart cities, and smart analytics, amongst others. The technological advancements in the development of ergonomic chairs are going to trigger the demand for IoT as might increase productivity across the end-use.

North & Latin America Ergonomic Chair MarketSegmentation Analysis

The North & Latin America Ergonomic Chair Market is segmented based on Type, Application, and Region.

North & Latin America Ergonomic Chair Market, By Type

• 2-3 Degrees of Freedom Adjustment• >3 Degrees of Freedom Adjustment

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Based on Type, the North & Latin America Ergonomic Chair Market has been segmented into 2-3 Degrees of Freedom Adjustment, and >3 Degrees of Freedom Adjustment. 2-3 Degrees of Freedom Adjustment accounted for the largest market share in 2021and is projected to grow at a CAGR of 4.18% during the forecast period. >3 Degrees of Freedom Adjustment was the second-largest market in 2021. Selecting the ideal ergonomic office chair can be challenging because everybody is unique and no single model is generally ideal. Adjusting the degrees of freedom as consumers become more aware of health issues, ergonomic chairs are expected to make up the majority of the market due to their benefits, which include improved blood circulation, improved posture, reduced back and neck pain, and relief from hip strain. A seat with 2-3 degrees of freedom adjustment and pelvic motion support may enhance physical well-being and lower the risk of illnesses linked to prolonged sitting.

North & Latin America Ergonomic Chair Market, By Application

• Enterprise Procurement• Government Procurement• School Procurement• Individual Procurement

Based on Application, the North & Latin America Ergonomic Chair Market has been segmented into Enterprise Procurement, Government Procurement, School Procurement, and Individual Procurement. Enterprise Procurement accounted for the largest market share in 2021 and is projected to grow at a CAGR of 4.39% during the forecast period. Government Procurement was the second-largest market in 2021. Due to the expanding number of IT sectors and the consequent rise in demand for ergonomic seats around the world, the enterprise procurement segment is predicted to experience significant growth. Employees’ effectiveness at work is being impacted by the rising worries about their health and fitness. Employees are being encouraged to look for alternatives by their concern for their health and fitness. Employees prefer ergonomic chairs because they provide lumbar support and allow them to sit comfortably for long periods while working.

North & Latin America Ergonomic Chair Market, By Geography

• North America• Latin America

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The North & Latin America Ergonomic Chair Market is segmented based on geography into North America and Latin America. As seen in the above figure, North America accounted for the largest market share in 2021 and is projected to grow at the highest CAGR of 5.20% during the forecast period. Latin America was the second-largest market in 2021.

Key Players

The major players in the market are Steelcase, HNI Group, Herman Miller, Haworth, True Innovations, Kimball Office, Teknion, and Others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments

• Steelcase’s seating offering has been expanded with the introduction of the innovative Personality Plus. The Plus, which builds on the success of its predecessor, the Personality, is the result of a redesign process aimed at delivering more performance while using fewer materials.

• Steelcase launched new its latest seating innovation, which reimagines and outperforms other leading mesh chairs. It is designed to respond naturally to a body’s movement and provides industry-leading comfort and sustainability.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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