Global Massage Chair Market
Dublin, Dec. 30, 2022 (GLOBE NEWSWIRE) -- The "Massage Chair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global massage chair market size reached US$ 3.3 Billion in 2021. Looking forward, the market is set to reach US$ 4.6 Billion by 2027, exhibiting a CAGR of 5.69% during 2021-2027
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The high prevalence of work-related stress and hectic consumer lifestyles has led to an increasing need for stress-relieving and relaxing solutions. The rising consumer awareness towards several therapeutic benefits of massage therapies in relieving pain and stress is catalyzing the product demand.
Furthermore, the growing inclination towards different massage therapies that offer specific complementary services, such as aromatherapy, acupressure and physiotherapy, also contributes to the market growth. In addition to this, growing health concerns among consumers have augmented the demand for massage chairs for stimulating blood circulation, pain-relief, muscle relaxation, and releasing hormones, such as endorphins and serotonin.
Additionally, the elevating consumer living standards supported by their rising disposable income levels have further boosted the sales of luxury and high-end products, such as massage chairs. Furthermore, the wide availability of massage chairs across several distribution channels coupled with the emergence of e-commerce platforms has further catalyzed product sales.
Key Questions Answered in This Report:
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How has the global massage chair performed so far and how will it perform in the coming years?
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What are the key regional markets?
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What has been the impact of COVID-19 on the global massage chair market?
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What is the breakup of the market based on the conventional/robotic?
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What is the breakup of the market based on the product type?
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What is the breakup of the market based on the end-use?
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What is the breakup of the market based on the distribution channel?
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What are the various stages in the value chain of the industry?
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What are the key driving factors and challenges in the market?
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What is the structure of the global massage chair market and who are the key players?
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What is the degree of competition in the market?
Key Metrics
| Report Attribute | Details |
| No. of Pages | 144 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value (USD) in 2021 | $3.3 Billion |
| Forecasted Market Value (USD) by 2027 | $4.6 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being