Global Sauna Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Sauna Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Sauna is a process in which steam and high heat are used to treat the body in a closed room. Sauna equipment is the necessary equipment for people to have sauna, which mainly consists of sauna furnace, sauna room and so on.

Market Overview:

The latest research study on the global Sauna Equipment market finds that the global Sauna Equipment market reached a value of USD 451.32 million in 2022. It’s expected that the market will achieve USD 527.07 million by 2028, exhibiting a CAGR of 2.62% during the forecast period.

Influence of COVID-19 Outbreak on Sauna Equipment Industry Development

For manufacturers of sauna equipment, the COVID-19 pandemic poses a number of challenges for manufacturers worldwide, especially those who rely on workers whose work cannot be performed remotely. Some major companies have closed plants and are considering the extent of layoffs to help curb the spread of the virus, but also for economic reasons. First, many manufacturing jobs are performed on site and cannot be performed remotely. Second, the slowdown in economic activity has reduced the global demand for sauna equipment. Protecting the health of consumers and the workforce is a top priority for businesses and governments alike. For manufacturers in the hardest hit areas, plant closures (full or partial) may remain necessary for a long time. On the raw material supply side, outbreak prevention and control measures affect the flow of people and activities, which in turn affects logistics, so that production in the sauna equipment industry is affected by shortages of raw material supplies and labor.

In terms of home sauna equipment, the sauna strengthens the immune system's defenses due to its role in strengthening the immune system. Consumer demand for home sauna equipment is likely to rise in order to better fight viruses.

Drivers

Boom in European Markets In Europe, where sauna culture has a long history and is still prevalent, there is a strong demand for sauna equipment. Saunas have been utilized for hundreds or years, especially in the Scandinavian countries. Finland, with a population of 550 million. Most Finns take a sauna bath weekly. According to Statistics Finland, the number of saunas is more than 23,00,000 in 2018. German saunas are in abundance throughout the country. With about 30 million German people regularly going to a sauna, there are now over 2,300 public saunas available for use. There are even more within sports clubs, fitness centers and hotels. The population of Germany is approximately 83.02 million in 2019, which means that there is still room for sauna equipment.

Limitations

Awareness of the product Sauna equipment is both a consumer product for home use in the context of traditional European culture and a fashionable health and wellness product for the modern world, with new market spaces emerging and consumer regions spreading beyond Western civilization and across the globe. Home sauna equipment is a consumer upgrade product, and in the long run, the consumer upgrade trend will have a tremendous pull on the industry's growth. Currently, sauna culture is prevalent in developed regions such as Europe and North America, but in other potential markets, sauna culture is still in the early stages of dissemination and marketing, sauna devices, especially home devices, are still a novelty and unfamiliar to most consumers. As consumers' awareness of home sauna equipment from awareness to acceptance of the acceptance of large-scale widespread acceptance, involving the formation of consumer habits, is a gradual process, objectively the rapid development of sauna equipment industry in the short term to form some constraints.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

Harvia is one of the major players operating in the Sauna Equipment market, holding a share of 12.85% in 2020.

Harvia is a global leader in the sauna and spa market. Harvia has a comprehensive sauna and spa product range, from heaters and their components to full sauna and spa solutions-meeting the needs of consumers and industry professionals alike.

KLAFS manufactures saunas. The Company markets saunas, infrared heat cabins, steam bath and shower, pools, and whirlpools. KLAFS manages wellness and spa facilities around Germany.

Segmentation Overview:

Among different product types, Electric Sauna segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Residential segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Sauna Equipment market covered in Chapter 3:

Narvi
SAWO
Aqua Industrial
Scandia
TyloHelo
Dalesauna
Tulikivi
Sauna Italia
Harvia
Health Mate
EOS Saunatechnik
KLAFS
Termofor

In Chapter 4 and Chapter 14.2, on the basis of types, the Sauna Equipment market from 2018 to 2029 is primarily split into:

Electric Sauna
Mobile Sauna
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sauna Equipment market from 2018 to 2029 covers:

Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)