Press release
Massage Equipment Market Size & Share Analysis, Growth Forecast Report 2024-2032
Massage Equipment Market
The increasing significance of massage therapy in relieving stress and muscle tension is driving a surge in demand for commonly used equipment such as massage chairs, back massagers, massage machine guns, and foot massagers. Osim introduced smart massage chairs with precise body targeting, adjustable recline angles, and customizable intensity levels, which underscores the industry's dedication to innovation.
The severe economic downturn triggered by the COVID-19 pandemic led to the closure of wholesale stores, spas, massage centers, and massage supplies warehouses, hindering the market's growth.
Fortune Business Insightsโข provides this information in its research report, titled "Massage Equipment Market, 2024-2032".
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/massage-equipment-market-109491
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฌ๐ฌ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โฃ Johnson Health Tech (U.S.)
โฃ Beurer (Germany)
โฃ Ogawa World (Malaysia)
โฃ OSIM Technologies (Singapore)
โฃ Luraco Technologies (U.S.)
โฃ Panasonic (Japan)
โฃ RoboTouch (India)
โฃ Casada Healthcare (Germany)
โฃ Family Inada (Japan)
โฃ Osaki (Japan)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: ๐๐๐ฌ๐ฌ๐๐ ๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ
Massage Chair Segment's Highest Market Share Owed to Rising Awareness of the Therapeutic Benefits
By type, the market is divided into back & shoulder massagers, foot & leg massagers, massage chairs, and others. Increased awareness among consumers regarding the therapeutic benefits of full-body massages for stress and pain relief contributed to the segment securing the highest market share in 2023.
Commercial Segment Leads Due to Strategic Deployment of Massage Products in Public Spaces
By end-user, the market is fragmented into residential and commercial. The commercial segment captured the highest massage equipment market share in 2023. Market players strategically place products in high-traffic public areas, such as airports, enhancing visibility and attracting tourists, contributing to the segment's market share expansion.
Offline Sector Leads the Market Due to Rising Demand for Budget-Friendly Massages
By distribution channel, the market is divided into offline and online. The offline sector dominates the global market. Surging demand for budget-friendly massage chairs with multiple functionalities is a key factor supporting segment growth.
In terms of region, the market for massage equipment is categorized into Europe, North America, Asia Pacific, South America, and the Middle East & Africa.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/massage-equipment-market-109491
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report includes:
โฃ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โฃ Comprehensive insights into regional developments.
โฃ List of major industry players.
โฃ Key strategies adopted by the market players.
โฃ Recent industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
Increased Investment in Innovative Equipment to Amplify Product Demand
Manufacturers are focusing on substantial investments in research and development to drive higher levels of product innovation within the market. Moreover, the increasing market demand for durable and comfortable massage equipment is prompting heightened investments in innovative solutions, contributing to market expansion. Initiatives such as Komoder's 20-minute automatic massage programs further stimulate growth by catering to the demand for whole-body relaxation.
However, the market is sensitive to economic uncertainties affecting production costs, influencing the affordability of such products and potentially hindering massage equipment market growth.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐ ๐๐จ๐ฐ:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/massage-equipment-market-109491
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
North America Emerges as a Key Region Owing to Growing Spa and Massage Centers
North America emerged as a lucrative region in 2023, with anticipated positive growth in the subsequent years. The rising count of spas and massage centers in the U.S. acts as a key driver, fostering market growth in North America.
The surge in population and rising disposable income in key countries such as Japan, India, and China, propels the demand for massage equipment and self-care products.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Key Players are Focusing on Product Innovation to Expand their Market Presence
In the highly competitive global market, both medium and large players actively pursue product differentiation through innovative massage equipment and cutting-edge technology. Major players strategically invest in partnerships, mergers, acquisitions, and new product development to solidify and expand their market presence.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Hand Massager Market
https://www.fortunebusinessinsights.com/hand-massager-market-104146
Head Massager Market
https://www.fortunebusinessinsights.com/head-massager-market-104628
Spa Services Market
https://www.fortunebusinessinsights.com/spa-services-market-103490
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
โข July 2023: Kneeflow, a U.S.-based manufacturer, announced the launch of a 3-in-1 knee massager for individuals suffering from knee pain and knee mobility issues. The massager uses infrared light technology to reduce inflammation of ligaments and improve blood circulation.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
Fortune Business Insightsโข Pvt. Ltd.
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Email: sales@fortunebusinessinsights.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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