Press release
Massage Chairs Market to Reach USD 4.92 Bn by 2029, emerging at a CAGR of 5.5 percent and forecast 2023-2029
Massage Chairs Market
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What are Massage Chairs Market Dynamics:
Consumers seek ways to incorporate relaxation and stress relief into their daily lives and massage chairs provide convenient solutions for achieving these benefits due to which the demand for massage chairs is increasing. The growing geriatric population across the world is one of the main drivers of the market. Massage chairs attract older consumers who seek relief and comfort because as people age, they start experiencing muscle pain stiffness and other age-related conditions. Consumers are increasingly focusing on improving their health and wellness. This is majorly propelling the sales of premium massage chairs. Consumers are also increasingly seeking many ways to offer on-demand relaxation and therapy, eliminating the need for scheduling appointments or wellness centers or spas.
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Massage Chairs Market Regional Insights:
North America: Held the major share in 2023, driven by rising adoption of wellness practices and a growing geriatric population.
Asia Pacific: Anticipated to exhibit high growth, attributed to increasing preference for advanced products, changing lifestyles, and a rising middle-class population. Notable contributions from China, Japan, Singapore, South Korea, and Australia.
Europe: Experiencing rapid growth, particularly in the UK, Germany, France, Spain, and Italy, fueled by demand for home wellness products and an aging population.
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What is Massage Chairs Market Segmentation:
by Type
Conventional
Robotic
by Product Type
Inversion Massage Chairs
Zero Gravity Massage Chairs
Targeted Massage Chairs
Others
by Application
Residential
Commercial
by Distribution Channel
Supermarkets/Hypermarkets
Specialty Stores
Online
Others
Who are Massage Chairs Market Key Players:
1. Panasonic Corporation - Osaka, Japan
2. Osaki Massage Chair - United States
3. Human Touch LLC - Long Beach, California, United States
4. Fujiiryoki - Saitama, Japan
5. Cozzia - United States
6. Inada Massage Chairs - Osaka, Japan
7. Titan Chair LLC - Carrollton, Texas, United States
8. Luraco Technologies - Arlington, Texas, United States
9. Infinity Massage Chairs - Seabrook, New Hampshire, United States
10. Kahuna Massage Chair - City of Industry, California, United States
11. BODYFRIEND - Seoul, South Korea
12. LURACO - Arlington, Texas, United States
13. Ogawa - Malaysia
14. OSIM International Pte Ltd - Singapore
15. Shanghai Rongtai Health Technology Co., Ltd - Shanghai, China
16. JSB Healthcare - Mumbai, India
17. VD Group - Stavanger, Norway
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Table of content for the Massage Chairs Market includes:
Global Massage Chairs Market: Research Methodology
Global Massage Chairs Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Massage Chairs Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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