Global Luxury Massage Chair Market Size To Worth USD 159.83 Billion By 2033 | CAGR of 3.42%
Category: Consumer GoodsGlobal Luxury Massage Chair Market Size To Worth USD 159.83 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Luxury Massage Chair Market is to Grow from USD 114.23 Billion in 2023 to USD 159.83 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 3.42% during the projected period.
Get more details on this report -
Browse key industry insights spread across 230 pages with 105 Market data tables and figures & charts from the report on the "Global Luxury Massage Chair Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Heated Massage Chairs, Inversion Massage Chairs, Zero Gravity Massage Chairs, and Full Body Massage Chairs), By Application (Commercial User and Residential Users), 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/luxury-massage-chair-market
A premium massage chair combines cutting-edge technology and high-end design to deliver an unparalleled relaxation experience. These chairs frequently provide a range of massage techniques like as kneading, tapping, and rolling, allowing clients to customize their sessions to their preferences. Many versions include heating components, zero-gravity settings, and body scanning capabilities to provide targeted therapy to specific muscle groups. Luxury massage chairs, which are frequently upholstered in high-quality materials such as genuine leather or breathable fabrics, offer an exquisite appearance that complements luxury settings. They boost home wellness with built-in Bluetooth speakers and simple settings, making them an excellent addition for anyone seeking ultimate relaxation and stress relief. However, High beginning prices significantly limit the luxury massage chair market.
The full body massage chairs dominated the market over the projection period.
Based on the product type, the global luxury massage chair market is categorized into heated massage chairs, inversion massage chairs, zero gravity massage chairs, and full body massage chairs. Among these, full body massage chairs dominated the market over the projection period. These chairs provide an immersive and therapeutic experience, helping users to relieve stress, improve circulation, and reduce muscle tension. As a result, they have gained enormous popularity among health-conscious consumers. This industry is expected to grow rapidly due to a number of factors, including economic development in emerging markets and altering consumer tastes.
The commercial user segment has the biggest market share over the projection period.
Based on the application, the global luxury massage chair market is categorized into commercial users and residential users. Among these, the commercial user segment has the biggest market share over the projection period. The commercial user segment dominates the market, accounting for a sizable proportion of total income. Commercial users are investing in luxury massage chairs to differentiate their business from the competition. These chairs are a unique selling point for businesses that prioritize health and wellness. Both the residential and commercial segments of the luxury massage chair market are likely to have significant expansion in the coming years.
Europe is having the biggest share of the global luxury massage chair market over the forecast period.
Get more details on this report -
Massage's therapeutic properties are becoming more commonly acknowledged in Europe, particularly in Central and Eastern European countries, and the industry has grown significantly. Germany, France, the United Kingdom, Italy, Spain, and Russia are also major contributors to this market. These seats are being used in commercial premises all throughout Europe to improve customer experiences and increase foot traffic. Furthermore, the introduction of e-commerce has helped to boost the industry by allowing clients to purchase massage chairs from the comfort of their own home.
North America is predicted to grow fastest pace throughout the forecast period. North America has emerged as the global revenue and market share leader. Several factors, including a strong economic foundation, supportive government policies, and a growing digital economy, have been highlighted as causes.
Major vendors in the global luxury massage chair market include, iRobo Wellness Pvt. Ltd, Johnson Health Tech Co. Ltd, JSB Wellness, Medical Breakthrough, Ogawa World USA LLC, Online and Ltd, OTA World LLC, Panasonic Holdings Corp, Shanghai Rongtai Health Technology Co. Ltd, V3 Group Ltd, Vitalizer International AG, Zarifa Corp, Daiwa Massage, Dr.Care International Inc, and Others.
Recent Developments
- In July 2024, OGAWA Malaysia has released the Biovis massage chair (pic), the brand's most advanced product to date, which includes a number of world-first breakthroughs, cutting-edge AI algorithms, and cutting-edge technology, all controlled by a complex AI control system known as "Overseer".
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 global luxury massage chair market based on the below-mentioned segments:
Global Luxury Massage Chair Market, By Product Type
- Heated Massage Chairs
- Inversion Massage Chairs
- Zero Gravity Massage Chairs
- Full Body Massage Chairs
Global Luxury Massage Chair Market, By Application
- Commercial User
- Residential User
Global Luxury Massage Chair Market, By Regional
- 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?