Increasing Demand For Luxury Massage Chair In Global Market Along With Other Therapies Such As Acupressure, Acupuncture, Aomatherapy & Physiotherapy, 2016 - 2020

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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.

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.

Key vendors
Family Inada
Fujiiryoki
Osaki Massage Chair
Panasonic

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=717636

Other prominent vendors
Cozzia USA
Fujita Massage Chair
Infinite Creative Enterprises
Johnson Health Tech
LURACO Technologies
Osim International

Market driver
Increased health benefits
For a full, detailed list, view our report

Market challenge
Issues related to space and weight
For a full, detailed list, view our report

Market trend
Growing use of omnichannel shopping and distribution
For a full, detailed list, view our report

Key questions answered in this report What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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