massage equipment market

massage equipment market

Growth Factors of massage equipment market

The massage equipment market size was valued at USD 23.86 billion in 2023 and is projected to grow from USD 25.26 billion in 2024 to USD 41.18 billion by 2032, exhibiting a CAGR of 6.30% during the forecast period of 2024-2032.

The COVID-19 pandemic substantially impacted the rub down device market, to begin with causing disruptions in deliver chains and a decline in customer demand due to lockdowns and monetary uncertainty. However, as extra people started out prioritizing health and wellness at home, demand for non-public rubdown devices surged. The shift towards home-based totally self-care, mixed with restricted get admission to to expert massage services, fueled the market's recovery post-pandemic, main to steady growth in sales.

One rising trend in the rubdown gadget market is the integration of clever technology. Devices now feature AI-driven functions, which includes personalized massage settings, app connectivity, and real-time information tracking. This innovation gives a greater tailored user enjoy, improving comfort and effectiveness. The trend is driven by means of consumers’ preference for smart wellness solutions, mixing conventional healing advantages with modern-day tech.

A key riding factor is the rising demand for stress-comfort products because of elevated paintings-associated pressure and sedentary lifestyles. With extra humans running from domestic, customers are investing in rub down system to relieve muscle anxiety and improve normal properly-being. This surge in call for displays the developing focus of self-care practices, in particular in lowering stress and improving physical fitness at domestic.

Comprehensive Analysis of massage equipment market

The massage equipment market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type, by end user , by distribution. By Type include Massage Chairs, Back & Shoulder Massagers, Foot & Leg Massagers, Others. By End-User include Residential, Commercial. By Distribution Channel include Offline, Online.

The Asia Pacific region lead the massage equipment market share by benefitting a market size of USD 7.21 billion due to the rise in population and growing disposable income are crucial factors driving market growth in China, Japan, and India.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

July 2023: Kneeflow, a U.S.-based totally producer, introduced the launch of a 3-in-1 knee massager for individuals laid low with knee pain and knee mobility issues. The massager makes use of infrared mild generation to lessen irritation of ligaments and improve blood circulate.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 6.30% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

- Massage Chairs

- Back & Shoulder Massagers

- Foot & Leg Massagers

- Others

By End-User

- Residential

- Commercial

By Distribution Channel

- Offline

- Online

By Region

- North America (By Type, End Use, Distribution Channel, and Country)

• U.S. (By Type)
• Canada (By Type)
• Mexico (By Type)

- Europe (By Type, End Use, Distribution Channel, and Country)

• Germany (By Type)
• U.K. (By Type)
• France (By Type)
• Italy (By Type)
• Spain (By Type)
• Russia (By Type)
• Rest of Europe (By Type)

- Asia Pacific (By Type, End Use, Distribution Channel, and Country)

• China (By Type)
• India (By Type)
• Japan (By Type)
• Australia (By Type)
• Rest of Asia Pacific (By Type)

- South America (By Type, End Use, Distribution Channel, and Country)

• Brazil (By Type)
• Argentina (By Type)
• Rest of South America (By Type)

- Middle East & Africa (By Type, End Use, Distribution Channel, and Country)

• UAE (By Type)
• South Africa (By Type)
• Rest of the Middle East & Africa (By Type)


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