Global Cold Plunge Tub Market Size study & Forecast, by Application (Commercial, Residential) and Regional Analysis, 2023-2030

Global Cold Plunge Tub Market Size study & Forecast, by Application (Commercial, Residential) and Regional Analysis, 2023-2030

Global Cold Plunge Tub Market is valued at approximately USD 307.7 million in 2022 and is anticipated to grow with a healthy growth rate of more than 4.2% over the forecast period 2023-2030. Cold plunge pool is a small pool used for sports and physical therapy. It involves immersing the body in water at temperatures between 45 and 55 degrees Fahrenheit, which increases blood flow and triggers the production of endorphins. The market for these pools is expanding due to rising investments in private hospitals, healthcare facilities, spas, and the fitness industry. However, the small size of the pool means only a few people can fit in it, acting as a restraint towards market growth.

Hydrotherapy is a priority for treatment in both private and significant government healthcare institutions. Many sportsmen have a routine of dipping into an ice bath after a workout to recover more quickly and lessen muscular stiffness and soreness. Additionally, the high demand for hydrotherapy due to various neurologic and musculoskeletal conditions has led to increased participation in cold plunge pools. Furthermore, the healthcare industry's high investments in setting up cold plunge pools in their facilities extend opportunities for market players. However, a plunge pool requires various qualities to function correctly, and this can cost more than the installation of pool, it also occupies larger room, hence hindering the market growth during the forecast period of 2023-2030.

The key regions considered for the Global Cold Plunge Tub Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to rising investments in private health and wellness sectors, spas, and fitness sectors. This is expected to provide major opportunities for market players. Asia Pacific is expected to grow significantly over the forecast period, as the fast-developing health and wellness sector opens up new potential for the industry in the region.

Major market player included in this report are:
BuiltHQ
HotBarrel
The Ice Bath Co.
Ice Barrel, Inc.
Cold Tub
iCoolsport
Renu Therapy
Plunge
Brass Monkey Health Ltd
Jacuzzi Inc.

Recent Developments in the Market:
 In May 2023, Ice Barrel announced a partnership with CrossFit Games. The brand provide more than 200 Ice Barrels for athletes. It offer an easy way to bring ice baths for their personal use. This expand its product portfolio to a larger customer base.
 In August 2022, Renu Therapy partnered with Salus Saunas. And now they have expanded their product offering, which benefit to the customers more.

Global Cold Plunge Tub Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:


By Application:
Commercial
Residential

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
BuiltHQ
HotBarrel
The Ice Bath Co.
Ice Barrel, Inc.
Cold Tub
iCoolsport
Renu Therapy
Plunge
Brass Monkey Health Ltd
Jacuzzi Inc.

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