Premium Range High Chair Market to Exceed Valuation of US$ 368.2 Mn by 2031: Transparency Market Research

Premium Range High Chair Market: Introduction

Transparency Market Research delivers key insights on the global premium range high chair market. In terms of revenue, the global premium range high chair market is estimated to expand at a CAGR of 4.7% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global premium range high chair market.

Premium range high chair companies are expanding their product lines to meet the increasing demand for premium range high chair products. Moreover, strong product innovation among premium range high chair companies with newer features in the chairs is expected to boost the market during the forecast period. In addition, companies are adopting latest technologies to provide extra benefits and more comfort to clients, and boost their own efficiencies. All this is expected to have a positive impact on the global premium range high chair market during the forecast period.

Premium Range High Chair Market: Key Segments

In terms of product type, the convertible high chairs segment is expected to dominate the premium range high chair market during the forecast period. Based on growth rate, the convertible high chairs segment is projected to expand at a faster rate during the forecast period. Premium range high chairs are anticipated to go through rapid acceptance among residential users. Convertible high chairs generate maximum demand and revenue in the global premium range high chair market and will continue its dominance throughout the forecast period.

Based on material, wood is anticipated to hold major share and maintain its position during the forecast period. Vendors in the premium range high chair market are increasingly integrating innovative features in existing products. With growing focus of vendors on offering more convenience to end users, the premium range high chair market is anticipated to witness a large number of innovations and product expansion.

Based on price, the price range between US$ 251-US$ 300 is expected to expand at the highest CAGR i.e. 5.0%. Residential users are expected to have dominance in the application segment and reach a market value of US$ 359.2 Mn by 2031 in terms of value. Online is the fastest growing segment in the distribution channel, registering a growth of 5% CAGR during the forecast period by value.

Premium Range High Chair Market: Prominent Regions

The U.S. is the fastest growing market for premium range high chairs, likely to register a CAGR of 5.1%, in terms of value, during the forecast period. The U.S. is expected to be followed by Europe, in terms of growth, registering a CAGR of 4.5% during the forecast period. The premium range high chair market is projected to be driven by the evolution of the eCommerce industry. The high chair industry has adopted multi-functional features in its convertible chairs segment, which helps in the development of kids through educative learning methods through premium range high chairs. This factor is expected to have a positive impact on the premium range high chair market during the forecast period.

The market in APAC and MEA are likely to expand at a CAGR of 3.8% and 3.5%, by value, during the forecast period. Key players operating in the premium range high chair market in the regions are adopting new features to provide quality products to their customers. Increasing promotional activities are also projected to have a positive impact on the market in the regions.

Global Players: Key Players

Key players operating in the global premium range high chair market are Peg Perego, phil&teds, Stokke AS, Evomove A/S, Froc, 4moms, Micuna, Mima International Ltd., Bloom, Monte Design Group, etc.

Global Premium Range High Chair Market: Segmentation

Premium Range High Chair Market, by Product Type

  • Convertible High Chairs
  • Non-convertible High Chairs

Premium Range High Chair Market, Material

  • Wood
  • Metal
  • Polymer

Premium Range High Chair Market, Application

  • Residential
  • Commercial

Premium Range High Chair Market, Price

  • US$ 251 – US$ 300
  • US$ 301 – US$ 350
  • Above US$ 350

Premium Range High Chair Market, Distribution Channel

  • Online
    • E-commerce Websites
    • Company Owned Websites
  • Offline
    • Departmental Stores
    • Specialty Stores
    • Others

Premium Range High Chair Market, by Region

  • U.S.
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Rest of the World

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