Press release
Massage Equipment Market Valued at USD 6.45 Billion in 2022, Set for Strong Growth with an 8.8% CAGR Until 2028
The Global Massage Equipment Market, valued at USD 6.45 Billion in 2022 according to a TechSci Research report, is projected to grow at a CAGR of 8.8% from 2024 to 2028. The market's robust growth is fueled by an increased focus on health and wellness, with consumers actively seeking convenient and innovative solutions for stress relief. The diverse product offerings include traditional handheld massagers, advanced massage chairs, and portable devices, reflecting a growing awareness of the therapeutic benefits of massage therapy.A key driver behind this growth is the global rise in health-consciousness. People worldwide are increasingly proactive about their well-being, leading to a higher demand for products that contribute to stress reduction and overall health improvement. This trend is particularly evident in developed economies, where sedentary lifestyles have raised health concerns, prompting a surge in the adoption of massage equipment as part of a comprehensive self-care approach. The market not only caters to those addressing existing health issues but also to individuals proactively integrating massage into their daily routines for preventive health measures.
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https://www.techsciresearch.com/report/massage-equipment-market/22867.html
Despite its thriving nature, the global massage equipment market faces challenges. Intense competition and market saturation, stemming from new entrants, trigger price wars and potentially squeeze profit margins. Affordability issues persist among specific demographics, impeding widespread adoption of high-end massage equipment. Manufacturers grapple with regulatory compliance complexities, necessitating strict adherence to standards. Overcoming consumer skepticism about massage equipment efficacy and addressing economic uncertainties are additional hurdles requiring strategic solutions to sustain market growth.
In summary, the global massage equipment market thrives due to factors like growing health-consciousness, commercial sector expansion, technological advancements, and massage integration into mainstream wellness practices. Despite challenges, the industry's trajectory indicates continued growth as manufacturers respond to consumer needs, embrace innovation, and navigate market dynamics to offer effective and accessible massage solutions to a diverse global audience.
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The Global Massage Equipment Market is categorized by type, product, sales channel, regional distribution, and company.
In terms of type, it is divided into Electric and Non-Electric. The market is experiencing a notable surge in demand for electric massage equipment, driven by advanced features and enhanced therapeutic capabilities. Electric devices like massage chairs and handheld massagers are becoming increasingly popular due to their comprehensive and customizable massage experiences powered by electricity. This trend reflects a consumer preference for modern, technologically advanced solutions, indicating a shift towards innovative electric-powered massage equipment in the dynamic global market.
Regarding product segmentation, the market includes Back and Body Massagers, Leg and Foot Massagers, Neck and Shoulder Massagers, Head Massagers, and Others. Sales channels are categorized into hypermarkets/supermarkets, specialty stores, online platforms, and others.
The market is further divided based on regional distribution into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Unlock Essential Insights: Discover the Key Takeaways for Actionable Information!
• Massage Equipment Market is expected to grow at a CAGR of 8.8% during the forecast period.
• Massage Equipment Market has a valuation of US$ 6.45 Billion as of 2028.
• North America currently holds the title of the largest Market for Massage Equipment.
• Online sales channels provide a diverse array of options, allowing customers to explore and compare various massage equipment.
• In terms of type, the cages segment claims the top spot in massage equipment market share.
• When considering the sales channel, the portable massage equipment retailers segment takes the lead in Market share.
• Focusing on the price range, the premium segment secures the highest Market share in the Massage Equipment Market.
Competitive Landscape
Tech Sci Research provides a Global Massage Equipment Market report with customizable options based on the provided market data to cater to the specific needs of a company. The report offers the following customization alternatives:
Recent Developments
Launched in 2022, the Therabody TheraFace Pro is an innovative facial massage gun. It combines percussive massage, microcurrent, and LED light therapy through interchangeable magnetic attachments. This device aims to alleviate muscle tension, headaches, jaw soreness, and enhance skin health.
In 2023, the Theragun Elite Wireless Percussive Therapy Device was introduced. This powerful massage gun is designed to alleviate muscle tension, soreness, and stiffness. With five speed settings and a range of interchangeable attachments, it effectively targets various muscle groups.
Major companies operating in Global Massage Equipment Market are:
Panasonic Corporation, Shenzhen Relcare Electronics, MedMassager, Beurer, Dr. Physio, RoboTouch, Medisana GmbH, Zyllion, HoMedics, LURACO Technologies Corporation
Market Segmentation for Massage Equipment Market
• Massage Equipment Market, By Type:
o Active
o Shutter Polarized
o Anaglyph
• Massage Equipment Market, By End User:
o Consumer Electronics
o Aerospace
o Industrial Use
• Massage Equipment Market, By End User:
o Online
o Offline
• Massage Equipment Market, By Region:
o North America
United States
Canada
Mexico
o Europe
France
United Kingdom
Italy
Germany
Spain
o Asia-Pacific
China
India
Japan
Australia
South Korea
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Turkey
Egypt
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Table of Content
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Voice of Customer
4.1. Factors Influencing Purchase Decision
4.2. Challenges Faced Post Purchase
4.3. Brand Awareness
5. Global Massage Equipment Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type Market Share Analysis (Active, Shutter Polarized, Anaglyph)
5.2.2. By End User Market Share Analysis (Consumer Electronics, Aerospace, Industrial Use)
5.2.3. By Distribution Channel Market Share Analysis (Online, Offline)
5.2.4. By Regional Market Share Analysis
5.2.4.1. North America Market Share Analysis
5.2.4.2. South America Market Share Analysis
5.2.4.3. Middle East & Africa Market Share Analysis
5.2.4.4. Europe Market Share Analysis
5.2.4.5. Asia-Pacific Market Share Analysis
5.2.5. By Top 5 Companies Market Share Analysis, Others (2022)
5.3. Global Massage Equipment Market Mapping & Opportunity Assessment
5.3.1. By Type Market Mapping & Opportunity Assessment
5.3.2. By End User Market Mapping & Opportunity Assessment
5.3.3. By Distribution Channel Market Mapping & Opportunity Assessment
5.3.4. By Region Channel Market Mapping & Opportunity Assessment
6. North America Massage Equipment Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type Market Share Analysis
6.2.2. By End User Market Share Analysis
6.2.3. By Distribution Channel Market Share Analysis
6.3. North America: Country Analysis
6.3.1. United States Massage Equipment Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Type Market Share Analysis
6.3.1.2.2. By End User Market Share Analysis
6.3.1.2.3. By Distribution Channel Market Share Analysis
6.3.2. Canada Massage Equipment Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Type Market Share Analysis
6.3.2.2.2. By End User Market Share Analysis
6.3.2.2.3. By Distribution Channel Market Share Analysis
6.3.3. Mexico Massage Equipment Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Type Market Share Analysis
6.3.3.2.2. By End User Market Share Analysis
6.3.3.2.3. By Distribution Channel Market Share Analysis
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Massage Chair Market: Massage Chair Market has valued at USD 3.41 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.8% through 2028.
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Scalp Massager Market: Scalp massager market showcases a vibrant and growing landscape within the wellness and personal care industry.
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Spa Luxury Furniture Market: Spa Luxury Furniture Market was valued at USD 512.3 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.5% through 2029.
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Massage Pillow Market: Massage Pillow Market was valued at USD 942 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.2% through 2028.
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Contact
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: sales@techsciresearch.com
Website: www.techsciresearch.com
About TechSci Research:
TechSci Research is a management consulting firm centered on research, offering global Market research and advisory solutions across various industries. The core principles guiding TechSci Research are value, integrity, and insight. With a team of dynamic industry experts at the helm, TechSci Research delivers high-value Market research and advisory services to clients worldwide. These services aid in identifying new Market opportunities, growth strategies, and innovative approaches to secure Market share. Consequently, TechSci's clients are positioned as leaders, pioneering Market trends rather than merely following them.
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