The Stadium Seating Global Market Report 2023, provides comprehensive information on the stadium seating market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Stadium Seating Global Market Report 2023, the global stadium seating market size is expected to grow from $1.38 billion in 2022 to $1.43 billion in 2023 at a compound annual growth rate (CAGR) of 3.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global stadium seating market is expected to grow to $1.63 billion in 2027 at a CAGR of 3.3%.
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Strategic partnerships are a key trend gaining popularity in the stadium seating market. Major companies operating in the stadium seating market are entering into partnerships to strengthen their position in the market. For instance, in May 2021, the National Federation of State High School Associations (NFHS), a US-based entity that writes the rules of competition for most high school sports and activities, partnered with Hussey Seating, a US-based company that operates in stadium seating. Through this partnership, Hussey Seating provides high-quality seating solutions with outstanding lifetime value. Additionally, in March 2021, RECARO Automotive, a US-based automotive performance seating brand that also operates stadium seating, partnered with Williams Esports, a UK-based motor racing company. Through this partnership, Williams ESports and the team’s best esports players work together to ensure that they can perform at their best even when seated for long periods.
The stadium seating market is segmented:
1) By Type: Fixed Seating, Telescopic Seating, Bleachers Or Grandstands
2) By Material: Metal, Wood, Plastic
3) By Design: Foldable, Non-Foldable
4) By Application: Indoor Stadium, Outdoor Stadium
North America was the largest region in the stadium seating market in 2022.
The table of contents in TBRC’s stadium seating market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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