Global Massage Equipment Market Expanding at a 9.95% CAGR, Total Revenue is Anticipated to Reach USD 19,081.2 Million by 2030 | IGR

Infinium Global Research, a leading authority in market research, has recently published a comprehensive report on the Global Massage Equipment Market. The report offers an in-depth analysis of various segments and sub-segments within the global and regional massage equipment market. It also explores the influence of drivers, restraints, and macro indicators on the market's growth in both the short and long term. The report is a detailed presentation of trends, forecasts, and the economic values related to the global massage equipment market. The global massage equipment market was valued at USD 9,084.8 Million in 2022 and is expected to reach USD 19,081.2 Million by 2030 and grow at a CAGR of 9.95% over the forecast period.

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Massage Equipment: A Key Element in Wellness and Stress Relief

Massage therapy, once regarded as an alternative therapy, has now gained mainstream acceptance and recognition by doctors and medical professionals. It is increasingly seen as an integral component of overall wellness programs. Common ailments like back, neck, and shoulder pain, often caused by poor sleeping positions and improper work posture, have led to a growing demand for massage therapy. The primary benefits of massage therapy are particularly focused on addressing back, neck, and shoulder pain. However, traditional massage therapy can be expensive and time-consuming due to the need for appointments, which are typically hour-long. To address this issue, various forms of massage equipment have been developed, including massage chairs and sofas, handheld massagers, back massagers, neck and shoulder massagers, leg and foot massagers, and eye massagers. These devices help alleviate muscle tension and pain, enhance sleep quality, reduce stress and anxiety, and alleviate inflammation.

Market Driven by Rising Stress-Related Ailments

The rising incidence of stress-related health issues is expected to drive the growth of the massage equipment market. These devices offer the convenience of time and money-saving, as individuals can enjoy the benefits of massage at their own convenience without having to schedule appointments with therapists. Additionally, the rapidly growing aging population, combined with their higher purchasing power and a more relaxed approach to cost-consciousness compared to younger consumers, will significantly drive the market for massage equipment. In mature markets, products like massage chairs are likely to see notable growth. However, the growing popularity of alternative healing therapies and self-massage techniques, along with the availability of counterfeit products, may present some obstacles to the market's growth. Nevertheless, as the wellness tourism industry expands, and more individuals adopt wellness as a dominant lifestyle, the massage equipment market is expected to experience numerous growth opportunities in the coming years.

Regional Insights

North America: Anticipated to hold the dominant share in the global massage equipment market, with the United States driving the North American market. This is attributed to the presence of massage equipment manufacturers, increased adoption of massage equipment, and the high disposable income of U.S. citizens. Furthermore, the growth of the tourism industry in the United States, due to an increasing number of business travelers at the domestic level, is expected to stimulate the establishment of new commercial spaces where massage equipment could be used.
Asia Pacific: Expected to witness the highest compound annual growth rate (CAGR) due to the increased manufacturing of handheld electric massagers in China and India. Handheld massage equipment is extensively adopted, primarily due to their flexibility, portability, and lower costs compared to other massage equipment.
Market Segmentation

The report on the global massage equipment market covers various segments, including product type and end-user. The product type sub-markets encompass massage chairs and sofas, hand-held massagers, back massagers, neck and shoulder massagers, and other product types. Meanwhile, the end-user sub-markets consist of commercial and residential.

Key Players in the Massage Equipment Market

Leading companies in the global massage equipment market include OSIM International Ltd, JSB Health and Fitness Pvt Ltd, Panasonic Corp, Prospera, Beurer GmbH, Denmark Healthcare Pvt. Ltd., HoMedics, Omron Corp., International Electro Medical Co., and Healthmate International, LLC.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Massage Equipment Market Highlights

2.2. Massage Equipment Market Projection

2.3. Massage Equipment Market Regional Highlights

Chapter 3. Global Massage Equipment Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Massage Equipment Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Product Type

3.5.2. IGR-Growth Matrix Analysis by End User

3.5.3. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Massage Equipment Market

Chapter 4. Massage Equipment Market Macro Indicator Analysis

Chapter 5. Global Massage Equipment Market by Product Type

5.1. Massage Chairs and Sofas

5.2. Hand-held Massager

5.3. Back Massagers

5.4. Neck and Shoulder Massagers

5.5. Other Product Types

Chapter 6. Global Massage Equipment Market by End User

6.1. Commercial

6.2. Residential

Chapter 7. Global Massage Equipment Market by Region 2023-2030

7.1. North America

7.1.1. North America Massage Equipment Market by Product Type

7.1.2. North America Massage Equipment Market by End User

7.1.3. North America Massage Equipment Market by Country

7.2. Europe

7.2.1. Europe Massage Equipment Market by Product Type

7.2.2. Europe Massage Equipment Market by End User

7.2.3. Europe Massage Equipment Market by Country

7.3. Asia-Pacific

7.3.1. Asia-Pacific Massage Equipment Market by Product Type

7.3.2. Asia-Pacific Massage Equipment Market by End User

7.3.3. Asia-Pacific Massage Equipment Market by Country

7.4. RoW

7.4.1. RoW Massage Equipment Market by Product Type

7.4.2. RoW Massage Equipment Market by End User

7.4.3. RoW Massage Equipment Market by Sub-region

Chapter 8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Massage Equipment Market

8.2. Companies Profiles

8.2.1. OSIM International Ltd

8.2.2. JSB Health and Fitness Pvt Ltd

8.2.3. Panasonic Corp

8.2.4. Prospera

8.2.5. Beurer GmbH

8.2.6. Denmark Healthcare Pvt. Ltd.

8.2.7. HoMedics

8.2.8. Omron Corp.

8.2.9. International Electro Medical Co.

8.2.10. Healthmate International, LLC

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of massage equipment.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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