Laptop Stands Market Size, Share, Growth, And Industry Analysis, By Type (Aluminum Laptop Stand, Acrylic Laptop Stand, Plastic Laptop Stand and Others), By Application (Office, Residence, School and Others), Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast From 2022 To 2030

Updated On: 11 September 2023

Laptop Stands Market Report Overview

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The global laptop stands market size was USD 0.283 billion in 2021 and is expected to reach USD 0.400 billion in 2027, exhibiting a CAGR of 5.92% during the forecast period.

A laptop can be placed on a stand that is elevated off of a table or other surface. A laptop on a stand might make working on and using it easier because the screen is at eye level. Instead of being flat horizontally, the keyboard can potentially be at an inclination, which is more ergonomic and less taxing on your wrists. The finest laptop stands lift the display nearly to eye level, which is preferable for preserving good posture. Some even fold up into a little package for simple transport or change from a sitting to a standing position.

The expansion of this market can be ascribed to the rising need for laptops and tablets across a number of sectors, including retail, healthcare, and education. People are using laptops and tablets more frequently, which has increased the need for laptop stands. Additionally, the need for laptop stands is rising as a result of the advent of new technologies like touch displays and voice recognition systems, which require more space on desktops. because of its small weight, which makes it convenient for those who are frequently on the move. Additionally, because aluminum laptop stands are strong and have a great resistance to corrosion, they may be used both indoors and outdoors in humid locations like offices and schools where there is continual contact to water droplets or condensation from air conditioners, and others.

COVID-19 Impact: Government Restrictions on Plastic to Hinder Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with laptop stands experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden decline in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

During the COVID-19 pandemic, plastic goods were crucial in keeping people safe. The supply chain and waste disposal system were significantly disrupted by the widespread usage of personal protective equipment. Millions of single-use plastic items (such as masks, gloves, aprons, and sanitizer bottles) that have been abandoned into the environment on land could lead to an increase in plastic debris washing up on ocean shorelines and covering the seafloor. This aims to evaluate the potential effects of plastic pollution and estimate the environmental footprint of the worldwide plastic wastes produced during COVID-19. This factor indirectly affected the laptop stands market growth.

Latest Trends

"Use of the Stands in Classrooms to Uplift Market Sales"

Not only are laptop stands utilized in offices, but also in classrooms. Many students use laptops to finish their assignments and take notes. However, using a laptop on a desk or table can be awkward and painful for the neck. Laptop stands come very handy in this situation. To prevent neck pain, the laptop is elevated on a stand so that it is at eye level.

Laptop Stands Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into aluminum laptop stand, acrylic laptop stand, plastic laptop stand and others.

In terms of product, plastic laptop stand is the largest segment.

• By Application Analysis

Based on application, the market can be divided into office, residence, school and others.

In terms of application, office is the largest segment.

Driving Factors

"Growing Demand for Laptops to Provide Impetus to The Market "

The development of the market can be attributable to several factors, including rising startup activity, growing laptop demand, and growing ergonomics awareness. During the projected period, the category of laptop stand made of aluminum is anticipated to hold the biggest market share. This expansion can be attributed to characteristics like robustness, light weight, and portability. This rapid development rate can be ascribed to elements like affordable prices and lightweight construction. The most rapid growth is anticipated in the Asia Pacific and Middle East & Africa regions. This market's expansion can be due to expanding start-up activity in these areas, rising laptop demand, and growing ergonomics awareness.

"Reasonable Prices of the Stands to Augment Market Growth"

A form of laptop stand constructed of plastic is a plastic laptop stand. If you're searching for a straightforward laptop stand, this is a portable and reasonably priced alternative. Many users like plastic laptop supports since they are available in a wide range of hues and designs. They are also simple to maintain and clean. Using a plastic laptop stand has several drawbacks, such as the possibility that it isn't as durable as stands made of acrylic or aluminum. They might not have the same aesthetic appeal as some of the more expensive ones available. In the past few years, there has been a noticeable rise in the use of laptop stand in offices. This is as a result of the benefits they provide to users. The major advantages of laptop stand are better posture, lessened neck and eye strain, and enhanced airflow. Because of these advantages, an increasing number of people are including a laptop stand in their office furniture. No matter how big or heavy your laptop is, you may use a stand for it.

Restraining Factors

"Lack of Travel Friendly Variants to Impede Market Expansion"

If one is travelling from one place to another, their luggage may end up being heavier. Therefore, make sure a laptop stand will be useful for the trip before placing an order. Not all laptops are compatible. Some laptops differ slightly in terms of configuration and design. Therefore, it is advised that you do your study before ordering the laptop stand.

Laptop Stands Market Regional Insights

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"North American to Dominate the Market Due to Rise in Demand for Laptops and Other Portable Devices"

The rise in demand for laptops and other portable devices is responsible for the expansion in the North American region. The laptop stands market share is expanding as a result of the rising use of laptop stand among office employees, students, and others. The demand for laptop stand in this region is being driven by the expanding BYOD (Bring Your Device) trend among businesses. As it helps them save on device expenditures, businesses are encouraging their staff to bring personal laptops or notebooks to work. Additionally, schools are using BYOD rules to improve educational facilities and support digital learning techniques.

The rise in start-up activity in Europe, increased laptop demand, and greater ergonomics awareness are all factors contributing to the growth of this industry. These players provide a wide selection of laptop stand to meet various customer needs. For instance, LapCabby provides laptop stand in a variety of hues and patterns to fit customer tastes. During the projected period, this trend is anticipated to increase the need for laptop stand in offices, fueling the expansion of the laptop stand market in Latin America.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Readaeer (Hong Kong)
• Griffin Technology (U.S.)
• Desk York (U.S.)
• Rain Design (U.S.)
• PWE+ (Germany)
• Samson Technologies (South Korea)
• Steklo (India)
• 3M (U.S.)
• Avantree (U.S.)
• AmazonBasics (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.