Massage Chairs Market Size, Share, Industry Analysis Based on Type (Conventional, Robotic) Based on Application (Residential, Commercial) Growth, Trends, Regional Outlook, and Forecast 2023-2032
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
KEY PLAYERS
Panasonic Corporation - Osaka, Japan, Osaki Massage Chair - United States, Human Touch LLC - Long Beach, California, United States, Fujiiryoki - Saitama, Japan, Cozzia - United States, Inada Massage Chairs - Osaka, Japan, Titan Chair LLC - Carrollton, Texas, United States, Luraco Technologies - Arlington, Texas, United States, Infinity Massage Chairs - Seabrook, New Hampshire, United States, Kahuna Massage Chair - City of Industry, California, United States, BODYFRIEND - Seoul, South Korea, LURACO - Arlington, Texas, United States, Ogawa - Malaysia, OSIM International Pte Ltd - Singapore, Shanghai Rongtai Health Technology Co., Ltd - Shanghai, China, JSB Healthcare - Mumbai, India, VD Group - Stavanger, Norway, Daito-THRIVE (Japan), Omega (Switzerland).
Massage Chairs Market size was valued at USD 3.31 Billion in 2023 and is expected to grow at a CAGR of 5.7 % from 2024 to 2032 to reach USD 4.95 Billion by 2032. This report provides a deep insight into the global Massage Chairs market covering all its essential aspects. This ranges from a macro-overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
Massage Chairs Market
Size, by Product, - (USD Billion)
Conventional
Robotic
Other Products
The Market will Grow
At the CAGR of:
5.07%
The Forecast Market
Size for in USD:
$USD 4.95 Billion
Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Companies
Panasonic Corporation - Osaka, Japan
Osaki Massage Chair - United States
Human Touch LLC - Long Beach, California, United States
Fujiiryoki - Saitama, Japan
Cozzia - United States
Inada Massage Chairs - Osaka, Japan
Titan Chair LLC - Carrollton, Texas, United States
Luraco Technologies - Arlington, Texas, United States
Infinity Massage Chairs - Seabrook, New Hampshire, United States
Kahuna Massage Chair - City of Industry, California, United States
BODYFRIEND - Seoul, South Korea
LURACO - Arlington, Texas, United States
Ogawa - Malaysia
OSIM International Pte Ltd - Singapore
Shanghai Rongtai Health Technology Co., Ltd - Shanghai, China
JSB Healthcare - Mumbai, India
VD Group - Stavanger, Norway
Daito-THRIVE (Japan)
Omega (Switzerland)
Global Massage Chairs Market Segments
Based on Type:
Conventional
Robotic
Based on Product Type:
Inversion Massage Chairs
Zero Gravity Massage Chairs
Targeted Massage Chairs
Others
Based on Application:
Residential
Commercial
Based on Distribution Channel:
Supermarkets/Hypermarkets
Specialty Stores
Online
Others
Here are some of the prominent geographies covered in detail:
1. North America: Large economies like the United States and Canada are covered in this region.
2. Europe: The European market includes countries such as Germany, UK, France, Italy, Russia, and others.
3. Asia-Pacific: This region includes major economies like China, Japan, India, South Korea, Australia, and others.
4. Latin America: Countries like Brazil, Argentina, Mexico and others are part of this region.
5. Middle East and Africa: This region comprises economies from North Africa, GCC countries, South Africa and others.
6. Eastern Europe: This region includes countries such as Poland, Russia, Ukraine and others.
These geographic markets are analyzed in terms of the current scenario, growth outlook, and potential opportunities. The research is conducted by considering various aspects such as economic conditions, government policies, industrial development, competitive landscape, and consumer behavior in these regions.
Massage Chairs Market
Share, by end user, (USD Billion)
USD 3.31 Billion %
Residential
Commercial
Other End-Users
USD 4.95 Billion
Total Market Size
USD (Billion),
5.07%
CAGR
-
Massage Chairs Market Opportunity
Growing Awareness of Health and Wellness: With increasing awareness about the importance of maintaining health and wellness, people are seeking convenient ways to relax and relieve stress. Massage chairs offer a convenient solution for relaxation and muscle relief at home or in the office.
Aging Population: As the global population ages, there is a growing demand for products that can address age-related ailments such as muscle stiffness, joint pain, and poor circulation. Massage chairs provide a non-invasive and accessible solution for addressing these issues.
Technological Advancements: Advances in technology have led to the development of massage chairs with sophisticated features such as customizable massage programs, zero gravity positioning, heat therapy, and even AI-driven massage techniques. These features enhance the overall user experience and appeal to a wider range of consumers.
Rising Disposable Income: Increasing disposable income in emerging economies has made massage chairs more affordable and accessible to a larger segment of the population. As a result, the market potential for these products has expanded beyond traditional markets.
Massage Chairs Market trends
Integration of Smart Features: Massage chairs are increasingly incorporating smart technology features such as smartphone connectivity, voice control, and app-based customization. These features allow users to personalize their massage experience and control the chair remotely, adding convenience and functionality.
Focus on Health and Wellness: As consumers become more health-conscious, there is a growing demand for massage chairs that offer therapeutic benefits beyond relaxation. Manufacturers are incorporating features such as heat therapy, zero gravity positioning, air compression massage, and reflexology techniques to address specific health concerns such as muscle tension, circulation issues, and stress relief.
Customization and Personalization: Consumers are seeking massage chairs that can adapt to their individual preferences and needs. Manufacturers are responding by offering customizable massage programs, adjustable intensity levels, and ergonomic designs to provide a tailored experience for each user.
Sleek and Space-Saving Designs: With the increasing popularity of massage chairs for home use, there is a demand for sleek and space-saving designs that can fit seamlessly into modern living spaces. Manufacturers are focusing on creating compact and stylish chairs that offer full-body massage capabilities without compromising on comfort or functionality.
Environmentally-Friendly Materials: There is a growing emphasis on sustainability and eco-friendliness in product design and manufacturing. Manufacturers are incorporating recycled materials, energy-efficient components, and eco-friendly production processes into their massage chairs to appeal to environmentally-conscious consumers.
Massage Chairs Market
Size, by Product, - (USD Billion)
The Market will Grow
At the CAGR of:
5.07%
The Forecast Market
Size for in USD:
$USD 4.95 Billion
Massage Chairs Key Takeaways
Rising Demand: There is a growing demand for massage chairs driven by increasing awareness of health and wellness benefits, technological advancements, and lifestyle changes.
Health Benefits: Massage chairs offer various health benefits, including stress relief, muscle relaxation, improved circulation, and pain management, making them appealing to a wide range of consumers.
Technological Advancements: Manufacturers are integrating advanced features such as customizable massage programs, zero gravity positioning, heat therapy, and smart connectivity to enhance the user experience and differentiate their products.
Consumer Preferences: Consumers are seeking massage chairs that offer customization, personalization, sleek designs, and eco-friendly materials to fit their individual needs and lifestyle preferences.
Market Expansion: The market for massage chairs is expanding beyond traditional markets, with emerging economies in Asia-Pacific, Latin America, and the Middle East presenting new opportunities for growth.
Innovative Business Models: Companies are exploring innovative business models such as rental and subscription services to cater to consumers who seek affordability and flexibility in accessing high-end massage chairs.
Massage Chairs Recent developments
Expansion of Smart Features: There might have been further advancements in smart features such as smartphone connectivity, voice control, and app-based customization. Manufacturers could have expanded the capabilities of mobile apps to allow users to control and monitor their massage chairs remotely, even when they are away from home.
Focus on Therapeutic Benefits: With the growing emphasis on health and wellness, massage chair manufacturers may have focused on enhancing the therapeutic benefits of their products. This could include the incorporation of additional massage techniques, such as shiatsu or reflexology, as well as the integration of features like heat therapy and air compression massage for targeted pain relief.
Sustainability Initiatives: In response to increasing consumer demand for eco-friendly products, some manufacturers may have implemented sustainability initiatives in their manufacturing processes and materials sourcing. This could involve using recycled materials, reducing energy consumption, and implementing eco-friendly production methods to minimize environmental impact.
Market Expansion: The massage chairs market may have continued to expand globally, with a particular focus on emerging markets in Asia-Pacific, Latin America, and the Middle East. Manufacturers could have intensified their efforts to penetrate these markets by adapting their products to local preferences and investing in marketing and distribution channels.
Massage Chairs Market Challenges
High Initial Cost: One of the primary challenges is the high initial cost of massage chairs. Many consumers may perceive massage chairs as a luxury item rather than a necessity, which can deter them from making a purchase, especially in times of economic uncertainty.
Limited Awareness and Education: There is still a lack of awareness and education about the benefits of massage chairs among some consumer segments. Manufacturers and retailers may need to invest in marketing and educational campaigns to highlight the health and wellness benefits of massage chairs and dispel misconceptions about their use.
Competition from Alternative Therapies: Massage chairs face competition from alternative therapies such as traditional massage therapy, acupuncture, chiropractic care, and other wellness treatments. Convincing consumers to invest in a massage chair instead of opting for these alternatives can be challenging.
Perception of Effectiveness: Some consumers may question the effectiveness of massage chairs compared to human massage therapists. While massage chairs offer convenience and accessibility, they may not be able to replicate the precise techniques and intuition of a skilled massage therapist.
Complexity of Features: Advanced massage chairs with numerous features and customization options can be overwhelming for some consumers. Manufacturers need to strike a balance between offering innovative features and ensuring ease of use and intuitive operation for the end user.
Massage Chairs Market TO (USD BN)
CAGR OF
5.07%
Massage Chairs Market
USD 4.95 Billion %
Massage Chairs Market Conclusion
In conclusion, the massage chairs market presents a promising landscape filled with opportunities for growth and innovation. As consumers increasingly prioritize health and wellness, demand for massage chairs continues to rise, driven by factors such as technological advancements, rising disposable incomes, and a growing aging population.
Massage Chairs Market - Global Outlook & Forecast -
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
KEY PLAYERS
Panasonic Corporation - Osaka, Japan, Osaki Massage Chair - United States, Human Touch LLC - Long Beach, California, United States, Fujiiryoki - Saitama, Japan, Cozzia - United States, Inada Massage Chairs - Osaka, Japan, Titan Chair LLC - Carrollton, Texas, United States, Luraco Technologies - Arlington, Texas, United States, Infinity Massage Chairs - Seabrook, New Hampshire, United States, Kahuna Massage Chair - City of Industry, California, United States, BODYFRIEND - Seoul, South Korea, LURACO - Arlington, Texas, United States, Ogawa - Malaysia, OSIM International Pte Ltd - Singapore, Shanghai Rongtai Health Technology Co., Ltd - Shanghai, China, JSB Healthcare - Mumbai, India, VD Group - Stavanger, Norway, Daito-THRIVE (Japan), Omega (Switzerland).
Identifying Key Products in the Market
The identification of key products in any market is pivotal for understanding what drives consumer interest, technological innovation, and competitive advantage. Here’s how to approach this:
Market Analysis Reports: Start with syndicated market analysis reports from firms like Nielsen, Euromonitor, or specialized industry analysts. These reports often highlight leading products based on sales data, innovation, and consumer feedback.
Patent Filings: Reviewing patent filings can provide insight into technological innovations and future products that may impact the market. Databases like the United States Patent and Trademark Office (USPTO) or the World Intellectual Property Organization (WIPO) can be invaluable.
Ecommerce Platforms and Retailer Websites: Analyzing bestselling products and customer reviews on platforms such as Amazon, Flipkart, or direct retailer websites can offer direct insights into consumer preferences and product popularity.
Consumer Surveys and Feedback: Conducting surveys or analyzing online forums and social media can reveal consumer preferences, pain points, and desired features in products. Tools like SurveyMonkey, Google Surveys, or social listening platforms can facilitate this process.
Segmenting the Market and Products
Market and product segmentation is crucial for targeting marketing efforts and product development. Here’s a methodology for segmenting based on technical specifications:
Technical Specifications Review: Compile a comprehensive list of products within the market, focusing on their technical specifications. This could involve processor speeds for electronics, ingredients for food products, or material composition for apparel.
Factor Analysis: Use statistical techniques like factor analysis to group products based on shared technical specifications. This method helps identify underlying relationships between different specifications and how they cluster together.
Expert Consultation: Engage with industry experts or technical specialists to ensure that the segmentation makes sense from both a market and a technical perspective. This step ensures the practical relevance of the segments identified.
Identifying and Classifying Key Application Segments
Understanding how products are used in different applications is essential for market strategy:
Use Case Analysis: Identify common use cases for products by reviewing product literature, customer testimonials, and case studies. This helps understand the variety of applications each product serves.
Industry Surveys: Conduct surveys targeting professionals in the field to understand how and why certain products are preferred in specific applications. This can also reveal unmet needs in the market.
ApplicationBased Segmentation: Group products based on their primary applications, considering factors such as industry use, consumer vs. professional use, and environmental conditions.
Calculating Market Size Using TopDown and BottomUp Approaches
Estimating the market size accurately is fundamental for strategic planning:
TopDown Approach: Start with global industry data and narrow down to the target market by applying known market shares or segmentation percentages. Industry reports and financial databases are key sources for this approach.
BottomUp Approach: Aggregate sales data or unit shipments from all known market participants. This might require gathering data from company reports, industry associations, and sales channels.
Combining Approaches: Validate the market size estimates by comparing the results from both approaches. Discrepancies can highlight areas requiring further investigation.
Calculating the CAGR for the Market
The Compound Annual Growth Rate (CAGR) is a useful measure to understand market growth over time:
Historical Sales Data: Gather historical sales or market size data over a defined period. Public company filings, industry reports, and government databases can be sources for this data.
CAGR Formula: Apply the CAGR formula \[CAGR = (EV/BV)^{1/n} 1\], where EV is the end value, BV is the beginning value, and n is the number of periods.
Segment and Overall Market CAGR: Calculate CAGR for both the overall market and individual segments to understand growth patterns.
Sources for Secondary or Desk Research
Identifying the right sources is crucial for accurate desk research:
Industry and Market Research Reports: Sources like IBISWorld, Statista, and Frost & Sullivan offer comprehensive industry reports.
Government and International Organizations: Websites of the U.S. Census Bureau, World Bank, and OECD provide economic and industry specific data.
Academic Journals: Platforms like Google Scholar and JSTOR can offer peer reviewed articles on market trends and consumer behavior.
News Archives and Trade Publications: Stay informed on industry developments through sources like Bloomberg, Reuters, and specific trade journals relevant to the market in question.
Each of these steps requires careful consideration and a systematic approach to ensure that the market research report is robust, insightful, and actionable.
We asked them to research ‘ Equipment market’ all over the world, and their whole arrangement was helpful to us. Analytica.global insightful analysis and reports contributed to our current analysis and in creating a future strategy. Besides, the te
Yosuke Mitsui
Senior Associate Construction Equipment Sales & Marketing
We asked them to research ‘Equipment market’ all over the world, and their whole arrangement was helpful to us. Analytica.global insightful analysis and reports contributed to our current analysis and in creating a future strategy. Besides, the te
Yosuke Mitsui
Senior Associate Construction Equipment Sales & Marketing
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