Ava AbbottFounded in 1995, Lovesac is a renowned US-based furniture retailer and deals in specialized furniture and decorative items. It’s best known for selling modular cushions, sofas, and other furniture items, which are known as Sactionals. The company has patented its sactional category, mainly offering two tailor-made furniture pieces (seats and sides).
However, Lovesac also sells customized covers and an assortment of furniture accessories. The company is also popular for another premium brand called “Sac”, which are basically bean bags that consist of a high-quality and durable mixture of foam and other materials.
In the US, there are currently more than 100 Lovesac stores [1]. The company made $0.43 billion in revenue in 2021 [2].
List of Some of the Top Lovesac Competitors
1. Jaxx Bean Bags
Year founded: 2006
Headquarter: Georgia, USA
Started in 2006, Jaxx Bean Bags only operates one location, which is located in Atlanta. However, the company has a couple of other manufacturing facilities scattered throughout the US. But what’s interesting is that Jaxx basically sells all its products online, they don’t have a brick-and-mortar establishment. However, it’s still one of the biggest Lovesac competitors.
The manufacturer is renowned for making topnotch bean bags that aren’t filled with traditional materials, such as styrofoam. Instead they use fabrics that are foam-lined as they’re generally more long-lasting. Moreover, the company generates an average revenue of $31 million per annum [3].
2. Yogibo LLC
Year founded: 2009
Headquarter: New Hampshire, USA
Yogibo was founded purely out of necessity. The founder, Eyal Levy, basically wanted to make something comfortable and durable for his pregnant wife. Eventually, Levy partnered with Giora Liran and the two started Yogibo. The company is a great alternative to Lovesac.
While the company is reputed for making ergonomic and high-quality bean bags, Yogibo also manufactures a variety of comfortable dog beds. Interestingly, the company also makes highly specialized and exclusive consoles for audio gaming, known as Jogoball. Moreover, Jogoball was also mentioned as the National Parenting Product of 2021 [4].
The company made $13.89 million in revenue in 2021 [5].
3. Sumo Lounge
Year founded: 2004
Headquarter: Nevada, USA
Founded in 2004, Sumo Lounge is a premier manufacturer and retailer of bean bags and is perhaps one of the biggest Lovesac Competitors and Alternatives in terms of variety.
Sumo Lounge makes all types of bean bags from traditional styrofoam filled products to decorative items, foam-lined fabric seats, and bean bags for gamers. Moreover, the average revenue stream of the company is $5 million per annum [6].
4. BeanBagTown
Year founded: 2013
Headquarter: Pennsylvania, USA
Compared to other companies mentioned on this list, BeanBagTown is a much smaller retailer. However, it can still be considered as a good alternative to Lovesac purely because of affordability. It certainly has a chance to bloom into a bigger organization.
The company makes all manner of bean bags from products for kids to gamer seats, large and small furniture items. It has a pretty big collection of wonderful products with an emphasis on affordability.
5. Moon Pod
Year founded: 2018
Headquarter: New York, USA
People normally mistake Moon Pod for being a bean bag company. However, their products, while similar in concept and materials, are designed with amorphous qualities and shapes. Moreover, all their products are built with zero gravity technology [7].
This makes the bean bags virtually weightless, infinitely softer, and act as memory foam. While Moon Pod’s beans bags aren’t anything you’ve ever seen before, they’re quite an expensive alternative to Lovesac.
6. Chill Sack
Year founded: 2016
Headquarter: Nevada, USA
While almost all companies we’ve mentioned on this list offer products cheaper than Lovesac, however, if you talk about a true budget bean bag company, it doesn’t get any better than Chill Sack. The company is renowned for making and selling affordable yet high-quality furniture items such as chairs, seats, and bean bags for a variety of applications such as for schools, offices, dorm rooms, etc.
Moreover, it’s one of the biggest competitors of Lovesac because it makes bean bags in a variety of sizes – from 2 feet up to 8 feet. On average the company makes $5 million in revenue per year [8].
7. Ultimate Sack
Year founded: 2007
Headquarter: Ohio, USA
Ultimate Sack is one of the major competitors of Lovesac in terms of volume and product variety. Plus, the company has manufactured topnotch bean bags for a variety of industries and multinational companies such as Coca-Cola and NBC.
However, one of the best reasons why Ultimate Sack is a great alternative to Lovesac is pricing. Based in the US, the company is family-run and has a large variety of furniture items such as dog beds, bean bags and chairs, footstools, and more. Moreover, Ultimate Sack generates more than $6 million in revenue each year [9].
8. Cordaroy’s
Year founded: 1998
Headquarter: Florida, USA
When you talk to about versatility and multi-purpose design, Cordaroy’s is perhaps the best alternative to Lovesac. The company has a truly unique selling point – and it’s the fact that their bean bags are designed to be converted into beds.
Although it’s quite pricey, it’s really practical. If you have a small room or want to decorate your living room with a bean bag, then something like this is truly worth the money.
Their bean bags are made from durafoam and can transform into a king sized or queen sized bed. You can easily take out the durafoam plush to flatten the bean bags and enjoy a nice nap. In addition, Cordaroy’s is one of the few companies that offers a lifetime product warranty.
The company made $5 million in revenue in 2021 [10].
9. Big Joe
Year founded: 2003
Headquarter: Michigan, USA
Big Joe is another great alternative to Lovesac. Along with offering a big collection of bean bags available in all shapes, sizes, and colors, all Big Joe products are manufactured in a zero landfill production plant in the US.
As for quality, the company makes all its products from topnotch, patented materials. Big Joe stands behind its promise that their products won’t go flat, ever. The company has more than 25 employees [11].
10. Fatboy
Year founded: 2002
Headquarter: Texas, USA
Another great alternative to Lovesac, one of the first things you’ll notice about Fatboy bean bags is the size – their bean bags are absolutely massive! All Fatboy products are filled with high-quality fillings and virgin polystyrene.
They are super comfortable and will retain their shape for extended periods of time. Moreover, their bean bags are a lot more cheaper compared to Lovesac. The average revenue for the company is $25 million [12].
Bottom Line
So there you have it! Ten of the best competitors to Lovesac. A majority of the companies listed here offer affordable products that come in a variety of shapes, sizes, and colors.
References & more information
- Lovesac Locations in the US, Rentechdigital.com
- Lovesac 2021 Revenue Report, Companiesmarketcap.com
- Jaxx Bean Bags Information, Rocketreach.com
- About Yogibo LLC, LinkedIn.com
- Yogibo Revenue 2021, Reviewbolt.com
- Sumo Lounge Average Revenue, Zoominfo.com
- About Moon Pod, Moonpod.com
- Chill Sack Average Revenue, Zoominfo.com
- Ultimate Sack Average Revenue, Konequity.com
- Cordaroy’s 2021 Revenue, Sharktankblog.com
- Big Joe Employees, Zoominfo.com
- Fat Boy Average Revenue, Owler.com
- Featured image by Sven Brandsma
Tell us what you think? Did you find this article interesting? Share your thoughts and experiences in the comments section below.
Kevin Johnson
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