ID: MRFR/CR/9057-HCR | April 2021 | Region: Global | 90 pages
The laptop stand is a type of holder that is responsible for holding the laptop and can be set on top of a table or any other surface to provide a raised view of the laptop. Laptop tables are used by most people to get a proper view of the laptop while working. It also helps to maintain a proper posture while working. Usage of laptop computer tables helps in preventing shoulder, back, and neck pain. Earlier, fixed tables were available in the market which made it quite difficult for people to adjust their heights according to the eye level. But now, adjustable tables are being manufactured which helps the people to adjust the height of the table accordingly.
Portable laptop computer tables are very useful as they can also be carried in any place. Many laptop tables come with a custom set-up like changing the tilting way of the table and the characteristic to lock the table has made the laptop lap tables rise in demand among the customers. Hence, the laptop tables market is expected to rise shortly estimating growth in the valuation which may reach USD 10.3 billion by the end of 2028 at a CAGR of 7.4%. The car laptop tables are also in demand due to their efficiency in handling laptops in cars.
Most people use a laptop not only for work but also in their leisure time. Due to this reason, the market for laptop tables was constantly rising. The outbreak of the COVID-19 pandemic has affected most of the industries as governments across the world declared lockdown and social distancing norms. But the laptop tables market lead to a rise during this period because people were forced to stay at home and adopt the facility of working from home via laptops. This led to an increased demand for ergonomic furniture and as a result, the sales of laptop tables also increased. During the lockdown, many furniture retailers witnessed a huge growth in the sales rate for laptop tables. Hence, the manufacturers are now constantly trying to include innovative features in small laptop computer tables in order to sustain the competitive market.
Increase in the usage of laptops during work as well as in leisure time is a major factor that is responsible for driving the growth of the market. Rise in the disposable income, the launch of innovative features, and the increasing culture of work from home are some of the major drivers of the laptop tables market.
An increase in the demand for ergonomic furniture is a huge opportunity that may lead to the growth of the market for laptop tables.
The presence of sectors that are mostly unorganized may threaten the growth of the market and pose as a major restraining factor.
Apart from the major drivers that are responsible for increasing the growth of the laptop tables market, there are a few challenges that the market suffered. The manufacturers are trying to implement new features in the laptop tables but it may lead to a rise in the cost of the tables. Hence, people may avoid buying tables with innovative features and this will be a major challenge in the market.
The demand for laptop tables has increased across the globe since the last decade. There are many benefits of using a laptop over the computer and so the demand for the same is increasing day by day. The laptop table is considered one of the major accessories when it comes to laptop ergonomics. However, the increase in the demand will lead to the growth of the market and reach a valuation of USD 10.3 billion at a CAGR rate of 7.4% during the forecast period.
Value Chain Analysis
People always search for the best laptop tables that can provide their laptops with proper support and avoid falling. Hence, the manufacturers are implementing new designs and features in the laptop tables to help the customers get their desired tables. This ensures customer satisfaction. However, the use of laptop tables is increasing day by day because of the great efficiency of work it provides and in turn makes it a productive technology. It is expected that the increase in demand for laptop tables will rise soon.
The laptop tables market size is segmented on the basis of three categories. They are by distribution channel type, by product type, and by material type. Here is a list of the segments of the laptop tables market along with its sub-segments.
By Distribution channel,
According to the laptop tables market analysis, the market for laptop tables is expected to grow at a specific rate during the forecast period. Geographically, the laptop tables market has been segmented into five main regions which include Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, North America is expected for holding the largest market share for the global laptop tables due to the presence of some of the main producers in the region. Countries like the US, Mexico, and Canada are the countries that are responsible for dominating the market of laptop side tables. The US is the country that consists of all the key manufacturers followed by Mexico and Canada. The Asia Pacific is another region which is expected to rise rapidly due to the growth in the population, disposable income, economical growth, and urbanization in the region. Apart from these reasons, the presence of the top key players may also become a driving factor for the market.
Portronics, PWR+, Kantek, and Roost are some of the top companies that are responsible for adopting various innovative strategies to boost the laptop tables market share. They are implementing various strategies like launching new types of tables, creating partnerships with other strong competitors, involving in joint ventures, agreements, mergers and acquisitions, and so on. This implementation helps the companies to strengthen their position and stand out in the strong competition. Due to the COVID-19 crisis, there has been a huge increase in demand for laptop tables and so the competition has also become intense. Every company is focusing on innovative plans to increase customer satisfaction. The below-mentioned key players are also planning to expand their market which in turn will help them to reach a wider customer base. As a result, according to the laptop tables market forecast, the demand is going to rise more by the end of 2028.
List of Key Companies:
There are no recent developments.
The laptop tables market report is based on the year 2021 with its forecast period being 2028. It mainly outlines the growth of the laptop tables market and the various factors that are responsible for affecting its growth such as the drivers, restraints, opportunities, and challenges. It also names the key companies that are leading the market of laptop tables. Based on the laptop tables market analysis, the impact of COVID-19 on the market is also being focused on. The segmentation of the regions and the market is also present in this report.
|Market Size||USD 10.3 billion|
|Forecast Units||Value (USD Million)|
|Report Coverage||Type, Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Material Type, Product Type, Distribution Channel|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||com, Inc. (AmazonBasics) (US) Rain Design Inc. (US) Roost (US) Griffin Technology, LLC. (US) Ergotron, Inc. (US) Kantek Inc. (US) PWR+ (US) Portronics (India) Kurtzy (India) HUANUO (China)|
|Key Market Opportunities||Increasing demand for ergonomic furniture|
|Key Market Drivers||Benefits associated with laptop tables|
Frequently Asked Questions (FAQ) :
Among the various kinds of materials, wood is the only material which is expected to be the fastest-growing segment in the coming years. In terms of aesthetics, the laptop tables which are made up of wood such as bamboo, oak, pine, and other composite materials, often tend to surpass their metal compatriots. Hence, wood laptop tables are expected to be used the most by the customers during the forecast period.
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The market growth for laptop tables is expected to rise rapidly and reach a valuation of USD 10.3 billion by the end of 2028. The growth will rise at a CAGR of 7.4% during the forecast period due to the increase in demand for laptop tables among customers across the globe.