Press release
Global Luxury Massage Chair Market to grow at a CAGR of 5.92% during 2016-2020: Key Vendors such as Panasonic, Fujiiryoki, Family Inada, Osaki Massage Chair
ResearchMoz added Latest Research Report titled " Global Luxury Massage Chair Market 2016-2020 " to it's Large Report database.About Luxury Massage Chair Market
Luxury massage chair market, one of the segments in the luxury furniture market, has been growing steadily over the years. It has high penetration in developed economies in North America and Europe. There has been increasing demand from countries such as China, Japan, South Korea, Singapore, and Australia due to its increased affordability.
The majority of the world population has become increasingly stressed both physically and mentally due to several reasons. The massage therapy along with other complimentary therapies such as acupressure, acupuncture, aromatherapy, and physiotherapy are becoming an integrated part of the solution in reducing the physical and mental stress. The World Health Organization (WHO) predicts that by 2020 mental health issues, including stress, will become the second leading cause of disabilities. This will not only lead to a severe strain on healthcare services but also on economies across the globe due to less productivity, lost work days, and workplace accidents. As a result, individuals are opting for massage therapy to remain stress-free and fit.
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Technavios analysts forecast the global luxury massage chair market to grow at a CAGR of 5.92% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global luxury massage chair market for 2015-2020. To calculate the market size, the report considers the revenue generated from the sale of luxury massage chairs provided by the companies worldwide.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Luxury Massage Chair Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Overview of the global luxury goods market
Global luxury furniture market
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-users
Global luxury massage chair market by end-users
PART 07: Market segmentation by distribution channels
Global luxury massage chair market by distribution channels
PART 08: Geographical segmentation
Global luxury massage chair market by geography
Luxury massage chair market in Europe
Luxury massage chair market in North America
Luxury massage chair market in APAC
Luxury massage chair market in ROW
PART 09: Market drivers
PART 10: Impact of drivers
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