Showing posts with label Massage Chair market. Show all posts
Showing posts with label Massage Chair market. Show all posts

Tuesday, May 23, 2023

Massage Chair Market Size - Analysis and Forecast Till 2023

 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.

According to our (Global Info Research) latest study, the global Massage Chair market size was valued at USD 3465.2 million in 2022 and is forecast to a readjusted size of USD 5909.6 million by 2029 with a CAGR of 7.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global core massage chair manufacturers include Panasonic, Osaki, Family Inada etc.The top 3 companies hold a share about 40%. Asia-Pacific is the largest market, with a share about 75%, followed by North America with the share about 12%.In terms of product, full body type is the largest segment, with a share over 90%. And in terms of application, the largest application is residential, followed by commercial.

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This report is a detailed and comprehensive analysis for global Massage Chair market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Market Segmentation
Massage Chair market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Full Body Massage Chairs
Upper Body Massage Chairs

Market segment by Application
Residential
Commercial

Major players covered
Panasonic
Osaki
Family Inada
Fujiiryoki
Human Touch
OSIM
Luraco
Infinity
Ogawa
Daito-THRIVE
BODYFRIEND
OTO Bodycare
Rotal

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Massage Chair product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Massage Chair, with price, sales, revenue and global market share of Massage Chair from 2018 to 2023.
Chapter 3, the Massage Chair competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Massage Chair breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Massage Chair market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Massage Chair.
Chapter 14 and 15, to describe Massage Chair sales channel, distributors, customers, research findings and conclusion.

Research Data Source:

Primary and secondary research as two components of methodology applied: Primary research is based on online and telephone based survey, i.e. interviews with several key experts with different functions in the market – from industry, trade and customers, associations and external experts such as researchers. Secondary research is based on all kinds of publicly or commercially available sources, such as publications and further information published from industry (annual reports, company websites, press releases, industry journals and trade publications), relevant databases (government, patent, statistics, markets), scientific and technical writings for product information, scientific articles, and further paid data sources.

This study is based on analysis of information obtained continually since 2016 through our research regarding this industry, but updated through the recent months of 2022. During this period, our analysts performs interviews with authoritative and representative individuals in this industry, industry associations, import/export, and other. The interviews were conducted principally with:

  • Manufactuers and their competitors
  • Distributors, wholesaler, and agents
  • Customers
  • CEOs/ Marketing Executives
  • Business Heads
  • Industry Experts
  • Technology and Innovation Directors
  • Senior Managers
  • Program/Project Directors

A full review of published information was also performed to supplement information obtained through interviews. The following sources were reviewed:

  • Professional technical journals and papers
  • Trade press articles
  • Technical conference proceedings
  • Product literature
  • Company profile and financial information
  • Additional information based on previous Global Info Research market studies
  • Personal knowledge of the research team.

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Global Info Research

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