PUBLISHER: Lucintel | PRODUCT CODE: 1386961
PUBLISHER: Lucintel | PRODUCT CODE: 1386961
Massage Chair Trends and Forecast
The future of the global massage chair market looks promising with opportunities in the commercial and residential markets. The global massage chair market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 5.9% from 2024 to 2030. The major drivers for this market are growing awareness of the health benefits of massage and rising concern towards stress-related health issues.
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Massage Chair by Segment
The study includes a forecast for the global massage chair by product type, distribution channel, end use, and region.
Massage Chair Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
Massage Chair Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
Massage Chair Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Massage Chair Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Massage Chair Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies massage chair companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the massage chair companies profiled in this report include-
Massage Chair Market Insights
Lucintel forecasts that inversion massage chair is expected to witness highest growth over the forecast period due to its advantages like reduce pain in the back, improve spinal alignment and reduce pressure on discs of the spine.
North America is expected to witness highest growth over the forecast period due to increasing disposable income and rapidly changing lifestyles of population in the region.
Features of the Global Massage Chair Market
Market Size Estimates: Massage chair market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Massage chair market size by product type, distribution channel, end use, and region in terms of value ($B).
Regional Analysis: Massage chair market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, distribution channels, end uses, and regions for the massage chair market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the massage chair market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the massage chair market size?
Answer: The global massage chair market is expected to reach an estimated $5.4 billion by 2030.
Q.2 What is the growth forecast for massage chair market?
Answer: The global massage chair market is expected to grow with a CAGR of 5.9% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the massage chair market?
Answer: The major drivers for this market are growing awareness of the health benefits of massage and rising concern towards stress-related health issues.
Q4. What are the major segments for massage chair market?
Answer: The future of the massage chair market looks promising with opportunities in the commercial and residential markets.
Q5. Who are the key massage chair market companies?
Answer: Some of the key massage chair companies are as follows:
Q6. Which massage chair market segment will be the largest in future?
Answer: Lucintel forecasts that inversion massage chair is expected to witness highest growth over the forecast period due to its advantages like reduce pain in the back, improve spinal alignment and reduce pressure on discs of the spine.
Q7. In massage chair market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing disposable income and rapidly changing lifestyles of population in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.