Pune, Jan. 30, 2023 (GLOBE NEWSWIRE) -- A massage chair is a chair designed for massages. Traditional massage chairs allow easy access to the head, shoulders, and back of a massage recipient, while robotic massage chairs use electronic vibrators and motors to provide a massage.
Researcher's newest research report, the “Massage Chair Industry Forecast” looks at past sales and reviews total world Massage Chair sales in 2022, providing a comprehensive analysis by region and market sector of projected Massage Chair sales for 2023 through 2029. With Massage Chair sales broken down by region, market sector, and sub-sector, this report provides a detailed analysis of US$ millions of the world Massage Chair industry.
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This Insight Report provides a comprehensive analysis of the global Massage Chair landscape and highlights key trends related to product segmentation, company formation, revenue, market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Massage Chair portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Massage Chair market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Massage Chair and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory of the global Massage Chair.
The global Massage Chair market size is projected to grow from US$ 3294.5 million in 2022 to US$ 5865.4 million in 2029; it is expected to grow at a CAGR of 5865.4 from 2023 to 2029.
Global core massage chair manufacturers include Panasonic, Osaki, Family Inada, etc. The top 3 companies hold a share of about 40%. Asia-Pacific is the largest market, with a share of about 75%, followed by North America with a share of about 12%.In terms of product, full body type is the largest segment, with a share of over 90%. And in terms of application, the largest application is residential, followed by commercial.
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This report presents a comprehensive overview, market shares, and growth opportunities of the Massage Chair market by product type, application, key manufacturers, and key regions and countries.
This report gives a detailed description of all the factors influencing the growth of these market players as well as profiles of their companies, their product portfolios, marketing strategies, technology integrations, and more information about these market players. Some of the key players are as follows:
The Major Key Players Listed in Massage Chair Market Report are:
- Panasonic
- Osaki
- Family Inada
- Fujiiryoki
- Human Touch
- OSIM
- Luraco
- Infinity
- Ogawa
- Daito-THRIVE
- BODYFRIEND
- OTO Bodycare
- Rotal
Global Massage Chair Market: Drivers and Restraints
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or a negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production in the global market and of each type.
A thorough evaluation of the restraints included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
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Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Massage Chair market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Massage Chair market.
Global Massage Chair Market: Segment Analysis
The research report includes specific segments by region (country), company, Type, and Application. This study provides information about the sales and revenue during the historic and forecasted period. Understanding the segments helps in identifying the importance of different factors that aid market growth.
Massage Chair Market Segmentation by Type:
- Full Body Massage Chairs
- Upper Body Massage Chairs
Massage Chair Market Segmentation by Application:
- Residential
- Commercial
Geographic Segment Covered in the Report:
The Massage Chair report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
Key Attentions of Massage Chair Market Report:
- The report offers a comprehensive and broad perspective on the global Massage Chair market.
- The market statistics represented in different Massage Chair segments offer a complete industry picture.
- Market growth drivers and challenges affecting the development of Massage Chair are analyzed in detail.
- The report will help in the analysis of major competitive market scenarios, and market dynamics of Massage Chair.
- Major stakeholders, key companies Massage Chair, investment feasibility, and new market entrants study is offered.
- The development scope of Massage Chair in each market segment is covered in this report. The macro and micro-economic factors affecting the Massage Chair market
- Advancement is elaborated on in this report. The upstream and downstream components of Massage Chair and a comprehensive value chain are explained.
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Detailed TOC of Global Massage Chair Market Report 2023
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Massage Chair Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Massage Chair by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Massage Chair by Country/Region, 2018, 2022 & 2029
2.2 Massage Chair Segment by Type
2.2.1 Full Body Massage Chairs
2.2.2 Upper Body Massage Chairs
2.3 Massage Chair Sales by Type
2.3.1 Global Massage Chair Sales Market Share by Type (2018-2023)
2.3.2 Global Massage Chair Revenue and Market Share by Type (2018-2023)
2.3.3 Global Massage Chair Sale Price by Type (2018-2023)
2.4 Massage Chair Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.5 Massage Chair Sales by Application
2.5.1 Global Massage Chair Sale Market Share by Application (2018-2023)
2.5.2 Global Massage Chair Revenue and Market Share by Application (2018-2023)
2.5.3 Global Massage Chair Sale Price by Application (2018-2023)
Continued….
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