Massage Chairs Market  Global Outlook and Forecast 2024-2030


Posted February 2, 2024 by Divya_123

Massage Chairs Market size was valued at USD 3.38 Billion in 2023 and is expected to grow at a CAGR of 5.5 percent from 2024 to 2030 to reach USD 4.92 Billion by 2030.
 
Massage Chairs Market Overview

Envisaged during the envisaged period, Maximize Market Research envisions a noteworthy upsurge in the market. The scrutiny of the Massage Chairs Market, evaluated by Maximize Market Research, entails a comprehensive exploration of regional intricacies and the competitive landscape.

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Massage Chairs Market Scope and Methodology

The report adopts a foundation-up methodology to estimate the Massage Chairs Market's dimensions. Information is sourced from primary and secondary databases, encompassing both qualitative and quantitative analysis. Primary data is acquired via surveys, questionnaires, and interviews with key figures and entrepreneurs in the Massage Chairs market. The report leverages analytical tools such as SWOT, PESTLE, and Porter's Five Forces Analysis to conduct comprehensive market scrutiny. SWOT analysis facilitates a holistic comprehension of factors influencing business decisions within the market, while PESTLE analysis furnishes insights into growth prospects and risks that influence market efficiency. Overall, the report functions as a valuable resource for investors, stakeholders, and market observers, aiding them in making well-informed judgments within the Massage Chairs Market arena.

Massage Chairs Market Regional Insights

The assessment of regional dynamics is conducted to gauge the state of the Massage Chairs market across nations falling within North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. This market, denoted as Massage Chairs, is broadly categorized into these delineated regions, facilitating an in-depth comprehension of the market's topography and the ever-evolving forces within each specific geographical domain.

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Massage Chairs Market Segmentation

by Type

Conventional
Robotic

Based on Type: Conventional and robotic segments make up the market. Over the course of the projection period, the conventional segment is anticipated to increase quickly. The demand for conventional massage chairs is considerable since they are more reasonably priced than robotic massage chairs. Over the course of the projected period, the robotic segment is anticipated to rise at a high CAGR. This is linked to people's rising disposable money and rising desire for robotic massage chairs because of their cutting-edge features, which include body scanning and customised programming. The rising demand for it in recent years is primarily due to consumer interest in solutions for at-home relaxation and self-care. Given the wide range of consumer preferences, there should be a market for


by Product Type

Inversion Massage Chairs
Zero Gravity Massage Chairs
Targeted Massage Chairs
Others


by Application

Residential
Commercial

The market is split into residential and commercial segments based on the applications. As of 2023, the residential segment held the biggest market share for massage chairs worldwide. Because they enable people to enjoy the comfort and convenience of having massages in the comfort of their own homes, massage chairs are mainly utilised in residential settings. Over the course of the projected period, the Commercial segment is anticipated to develop at a high CAGR. Massage chairs have become increasingly common in business settings as a way to improve client experiences and encourage wellbeing. As part of its therapeutic offerings, massage chairs are frequently utilised in spas and wellness centres. To help their members unwind, some gyms and fitness centres also feature massage chairs as part of their services.


by Distribution Channel

Supermarkets/Hypermarkets
Specialty Stores
Online
Others

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Massage Chairs Market Key Players

1. Panasonic Corporation - Osaka, Japan
2. Osaki Massage Chair - United States
3. Human Touch LLC - Long Beach, California, United States
4. Fujiiryoki - Saitama, Japan
5. Cozzia - United States
6. Inada Massage Chairs - Osaka, Japan
7. Titan Chair LLC - Carrollton, Texas, United States
8. Luraco Technologies - Arlington, Texas, United States
9. Infinity Massage Chairs - Seabrook, New Hampshire, United States
10. Kahuna Massage Chair - City of Industry, California, United States

Related Report Links:

Drug Device Combination Products Market https://www.maximizemarketresearch.com/market-report/drug-device-combination-products-market/218954/
EConsent in Healthcare Market https://www.maximizemarketresearch.com/market-report/econsent-in-healthcare-market/219294/

Key questions answered in the Massage Chairs Market are:

What is Massage Chairs?
What was the Massage Chairs market size in 2022?
What are the different segments of the Massage Chairs Market?
What growth strategies are the players considering to increase their presence in Massage Chairs?
What are the upcoming industry applications and trends for the Massage Chairs Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Massage Chairs Market?
What major challenges could the Massage Chairs Market face in the future?
What segments are covered in the Massage Chairs Market?
Who are the leading companies and what are their portfolios in Massage Chairs Market?
What segments are covered in the Massage Chairs Market?
Who are the key players in the Massage Chairs market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Last Updated February 2, 2024