Global Luxury Massage Chairs Market to Reach US$2.3 Billion by 2030
The global market for Luxury Massage Chairs estimated at US$1.9 Billion in the year 2023, is expected to reach US$2.3 Billion by 2030, growing at a CAGR of 3.2% over the analysis period 2023-2030. Residential End-Use, one of the segments analyzed in the report, is expected to record a 3.0% CAGR and reach US$1.3 Billion by the end of the analysis period. Growth in the Commercial End-Use segment is estimated at 3.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$503.0 Million While China is Forecast to Grow at 3.0% CAGR
The Luxury Massage Chairs market in the U.S. is estimated at US$503.0 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$371.2 Million by the year 2030 trailing a CAGR of 3.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.0% and 2.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
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