Electric Massagers Market 2020: Advanced Technologies & Growth Opportunities In Global Industry By 2027 | COVID-19 Scenario Analysis

Allied Market Research published a new report, titled, “Electric Massagers Market” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The rise in disposable income, increase in number of spas, and surge in popularity of leisure drive the growth of the electric massagers market. Besides, growing awareness about massagers such as head massagers, neck & shoulder massagers, and back & body massagers consisting of multiple benefits are the factors expected to boost the market growth. Increase in technological advancements in electrical massage and the frequent launch of various electrical massages by manufacturers are other factors expected to increase global market growth in the next few years.

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The availability of non-electrical massagers is the key factor projected to hinder the growth of the electrical massage market. Furthermore, the low penetration of electric massagers in many underdeveloped countries is a challenging factor that can affect the target market growth.

People are now becoming aware of the various health benefits physically as well as mentally associated with electrical massages and giving themselves their massage treatments are some of the factors that provide opportunities during the forecast period for key players dealing in the electrical massagers market.

Regional Analysis – North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA).

COVID-19 Scenario Analysis:

• The worldwide pandemic occurrence has significantly reduced the demand for electric massager market.
• Closure of all spas, non-available at online channels hampers the growth of the electric massager market.• As in many countries, the industries are shut down, so the production of electric massager has also gone down drastically due to the restriction of labor supply and no-availability of raw materials.
• The supply chain of electric massager has been disrupted due to the trade barriers.

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The global market trends are as follows:

Increase in various stress-related issues such as headaches, insomnia, and others among individuals due to a hectic lifestyle leads to increased demand for electrical massage throughout the world.

People are now becoming aware of the various health benefits physically as well as mentally associated with electrical massages and giving themselves their massage treatments are some of the factors that provide opportunities during the forecast period for key players dealing in the electrical massagers market.

In-depth Analysis of Industry Players

Panasonic Corporation, MedMassager, Joicom Corporation, Shenzhen Relcare Electronics, LURACO Technologies Corporation, Dr. Physio, Omron Corporation, Medisana GmbH, and others.

Key Segment Covered:


User

• Residential
• Commercial

Type

• Back & Body Massagers
• Leg & Foot Massagers
• Neck & Shoulder Massagers
• Head Massagers
• Others

Distribution Channel

• Hypermarket/Supermarket
• Retail Stores
• Convenience Stores
• Specialty Stores
• Online Channel

Key Benefits of the Report:

○ This study presents the analytical depiction of the electric massagers industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the electric massagers market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global electric massagers market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed electric massagers market analysis based on competitive intensity and how the competition will take shape in coming years.

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