There are times when you need several programs on screen at once. For example I once had the dreadful task of keeping records of web-based problem tickets by copying the data into Excel. With 2 displays it was easy. Web page on one screen, Excel on the other. Highlight all the text, drag and drop.
But with a single screen it was beyond a nightmare, it was near impossible. Just highlighting the desired text was a chore, you had to click the start point, then drag down and hope the auto scrolling didn't overshoot. Then drag the text into the other window - which I had to have previously positioned properly, if not I'd have to start again.
What took me 3 seconds with dual screens took at least 30 seconds with one screen. And I had to do hundreds of these things.
So the need for more screen area is real enough. You are of course right to say that one larger monitor is much preferred to two smaller ones. But 2 large monitors are more preferable still. And some people do genuinely need them.