Massage Services in the US - Industry Market Research Report

Massage Services in the US - Industry Market Research Report


Massage Services in the US

An improving macroeconomic landscape and a growing connection with the healthcare sector have benefited the Massage Services industry. Given the discretionary characteristics of industry services, an increase in per capita disposable income has provided consumers with the means to afford massages. In addition, overall consumer spending will rise, benefiting massage businesses. However, in 2020, the industry was hit by the COVID-19 outbreak, reducing industry revenue significantly this year. Fortunately, as a large share of the population has been vaccinated, industry establishments have reopened, causing industry revenue to recover. Overall, industry revenue has been shrinking at an average annualized 2.3% over the past five years and is expected to total $19.0 billion in 2023, when revenue will climb by an estimated 0.7%.

This industry primarily provides therapeutic and nontherapeutic massages. Therapeutic massages encompass soft-tissue manipulation techniques while nontherapeutic massages are primarily for relaxation purposes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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