Global Cold Plunge Tub Market Size To Worth USD 453.23 Million by 2033 | CAGR of 4.17%
Category: Consumer GoodsGlobal Cold Plunge Tub Market Size To Worth USD 453.23 Million by 2033
According to a research report published by Spherical Insights & Consulting, the Global Cold Plunge Tub Market Size is to Grow from USD 301.20 Million in 2023 to USD 453.23 Million by 2033, at a Compound Annual Growth Rate (CAGR) of 4.17% during the projected period.
Get more details on this report -
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the "Global Cold Plunge Tub Market Size, Share, and COVID-19 Impact Analysis, By Type (In-ground Cold Plunge Tubs and Above-ground Cold Plunge Tubs), By Application (Commercial and Residential), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/cold-plunge-tub-market
A cold plunge is the procedure of immersing the body in cold water (59 degrees Fahrenheit or lower for an extended period of time). Cold plunges are a great way to improve both physical and mental well-being. These cold tubs are commonly seen in high-end spas, fitness facilities, and rehabilitation centers. The benefits of cold plunging include primarily cold immersion may be tempting to sportsmen looking to reduce discomfort in their muscles after a workout or to people seeking an experience. A person's body responds to the cold by narrowing blood vessels and raising their metabolic rate when they submerge themselves in a cold plunge tub. Among its numerous health benefits, this process triggers a natural anti-inflammatory response, increases the creation of endorphins, and aids in the removal of pollutants. The increased acceptance of hydrotherapy along with awareness of the health benefits of cold-water therapy is driving up demand for cold plunge baths. Furthermore, the initial high expense of cold plunge tubs is one of the key challenges. The high initial cost of a cold plunge tub is a major obstacle for the worldwide market.
The above-ground cold plunge tubs segment holds the highest market share of the cold plunge tub market during the projected timeframe.
Based on the type, the cold plunge tub market is divided into in-ground cold plunge tubs and above-ground cold plunge tubs. Among these, the above-ground cold plunge tubs segment holds the highest market share of the cold plunge tub market during the projected timeframe. This domination stems from the growing popularity of portable, practical cold water therapies. Above-ground cold plunge tubs provide a practical solution that can be easily relocated and used in a variety of situations, as more people are seeking easy ways to incorporate hydrotherapy into their daily routines.
The commercial segment dominated the market with the largest revenue share of the cold plunge tub market during the projected timeframe.
Based on the application, the cold plunge tub market is divided into commercial and residential. Among these, the commercial segment dominated the market with the largest revenue share of the cold plunge tub market during the projected timeframe. The adoption of cold plunge baths has grown significantly among a wide range of consumers, including business executives, celebrities, professional sports, and wellness devotees. This industry covers cold-water baths that can be found in a range of commercial locations including gyms, sports training facilities, spas, and other leisure centers.
North America is expected to hold the largest share of the cold plunge tub market over the forecast period.
Get more details on this report -
North America is expected to hold the largest share of the cold plunge tub market over the forecast period. The fitness and health culture in North America places a high value on sports and post-workout recovery techniques. The region's use of hydrotherapy equipment is being driven by this trend. The region's growing demand for health and wellness products is attributed to high disposable income and a willingness to invest in these products.
Asia-Pacific is predicted to grow at the fastest pace in the cold plunge tub market during the projected timeframe. This dominance is due to the population's growing inclination towards health and mental wellness activities as well as the quickly growing number of health, fitness, and wellness centers, the market is anticipated to increase gradually during the projected period. Additionally, wellness centers collaborate with hotels and resorts to increase the range of wellness tourism activities they provide to visitors.
Major vendors in the cold plunge tub market are Plunge, COLDTUB, Renu Therapy, Edge Theory Labs, Inc., BlueCube Cold Plunge Tubs & BlueCube Wellness LLC, iCool Pty Ltd, Brass Monkey Health Ltd, Ice Barrel Inc., The Ice Bath Co., Icepodcompany LLC, Polar Monkeys, iCool Australia Pty Ltd, NordicWave, INERGIZE HEALTH, and others.
Recent Developments
- In April 2024, The leading developer of in-home and spa wellness solutions introduced the Evolve Series, which contains four novel products that make cold water immersion more accessible through their innovative innovation.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the cold plunge tub market based on the below-mentioned segments:
Global Cold Plunge Tub Market, By Type
- In-ground Cold Plunge Tubs
- Above-ground Cold Plunge Tubs
Global Cold Plunge Tub Market, By Application
- Commercial
- Residential
Global Cold Plunge Tub Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?