Global Luxury Massage Chair Market Growth 2023-2029
Luxury massage chairs are designed to provide massages at homes, offices, and hotels at the suitability of the user. Massage chairs save not only the time of going to massage centers, but also the cost of traveling. There are four types of massage chairs available in the market: heated massage chairs, inversion massage chairs, zero gravity massage chairs, targeted massage products.
LPI (LP Information)' newest research report, the “Luxury Massage Chair Industry Forecast” looks at past sales and reviews total world Luxury Massage Chair sales in 2022, providing a comprehensive analysis by region and market sector of projected Luxury Massage Chair sales for 2023 through 2029. With Luxury Massage Chair sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Luxury Massage Chair industry.
This Insight Report provides a comprehensive analysis of the global Luxury Massage Chair landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Luxury Massage Chair portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Luxury Massage Chair market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Luxury Massage Chair and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Luxury Massage Chair.
The global Luxury Massage Chair market size is projected to grow from US$ 532.9 million in 2022 to US$ 768.7 million in 2029; it is expected to grow at a CAGR of 768.7 from 2023 to 2029.
The major players in South Korea Luxury Massage Chair market include BODYFRIEND, Panasonic, etc. The top 2 players occupy over 70% shares of the whole market. South Korea is the main region of the luxury massage chair market in the Asia-Pacific market, occupying approximately 30% of the market. 3D Massage Chair is the main type, with a share about 65%. Residential is the main application, which holds a shareabout 80%.
This report presents a comprehensive overview, market shares, and growth opportunities of Luxury Massage Chair market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
2D Massage Chair
3D Massage Chair
4D Massage Chair
Segmentation by application
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BODYFRIEND
Bok Jung Scale Corp
Fujiiryoki
Inada
Panasonic
HUTECH
LG Electronics
Human Touch
OSIM
Osaki
Infinity
Key Questions Addressed in this Report
What is the 10-year outlook for the global Luxury Massage Chair market?
What factors are driving Luxury Massage Chair market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Luxury Massage Chair market opportunities vary by end market size?
How does Luxury Massage Chair break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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