$4.6 Billion Global Massage Chair Market 2022 to 2027: High Prevalence of Work-Related Stress and Hectic Consumer Lifestyles Drives Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 29, 2022--
The “Massage Chair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global massage chair market size reached US$ 3.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 4.6 Billion by 2027, exhibiting a CAGR of 5.69% during 2021-2027.
- Cozzia USA
- Daito Denki Kogyo Co. Ltd.
- Family Inada Co. Ltd
- Human Touch
- Kahuna Massage Chair
- OSIM International Ltd
- Panasonic and Shanghai Rongtai Health Technology Co. Ltd.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A massage chair is an upholstered armchair with a recliner back designed for massaging the head, neck, shoulders, back, arms and hands. Based on the vibrating mechanism, the chair includes a combination of motors, gears, heating pads, airbags, etc. Some of the advanced massage chairs have additional features, such as bluetooth connectivity, adjustable foot and armrests, remote control, massage pillow pad, etc.
A massage chair offers several therapeutic benefits by de-stressing, relieving joint aches, reducing back pain, minimizing pressure on heart and lungs, improving blood circulation, alleviating acid reflux, enhancing metabolism, and providing relaxation. Owing to these benefits, massage chairs are widely installed across diverse sectors, including hospitality, retail, healthcare, residential, and commercial sectors.
The high prevalence of work-related stress and hectic consumer lifestyles has led to an increasing need for stress-relieving and relaxing solutions.
The rising consumer awareness towards several therapeutic benefits of massage therapies in relieving pain and stress is catalyzing the product demand.
Furthermore, the growing inclination towards different massage therapies that offer specific complementary services, such as aromatherapy, acupressure and physiotherapy, also contributes to the market growth. In addition to this, growing health concerns among consumers have augmented the demand for massage chairs for stimulating blood circulation, pain-relief, muscle relaxation, and releasing hormones, such as endorphins and serotonin.
Additionally, the elevating consumer living standards supported by their rising disposable income levels have further boosted the sales of luxury and high-end products, such as massage chairs.
Furthermore, the wide availability of massage chairs across several distribution channels coupled with the emergence of e-commerce platforms has further catalyzed product sales.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global massage chair market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on conventional/robotic, product type, end-use and distribution channel.
Breakup by Conventional/Robotic:
Breakup by Product Type:
- Inversion Massage Chairs
- Zero Gravity Massage Chairs
- Targeted Massage Products
Breakup by End-Use:
Breakup by Distribution Channel:
- Specialty Stores
- Supermarkets and Hypermarkets
Breakup by Region
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
Key Questions Answered in This Report:
- How has the global massage chair performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global massage chair market?
- What is the breakup of the market based on the conventional/robotic?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end-use?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global massage chair market and who are the key players?
- What is the degree of competition in the market?
For more information about this report visit https://www.researchandmarkets.com/r/tkaw49
View source version on businesswire.com:https://www.businesswire.com/news/home/20221229005199/en/
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INDUSTRY KEYWORD: RETAIL HOME GOODS
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/29/2022 10:37 AM/DISC: 12/29/2022 10:37 AM