The Plush Ascent: Key Trends & Growth Drivers in the Global Luxury Massage Chair Market (2023-2033)
According to a research report published by Spherical Insights & Consulting, the Global Luxury Massage Chair Market Size is Expected to Grow from USD 114.23 Billion in 2023 to USD 159.83 Billion by 2033, Growing at a CAGR of 3.42% during the forecast period 2023-2033.
Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/7303
A luxury massage chair offers a remarkable relaxing experience by fusing modern technology with elegant design. Customers can customize their massage sessions to suit their preferences because of the range of massage techniques these chairs frequently offer, which include kneading, tapping, and rolling. Numerous models have body scanning capabilities, zero-gravity settings, and heating elements to provide customized therapy to specific muscle areas. The sophisticated appearance of luxury massage chairs, which are frequently covered in premium materials such as genuine leather or breathable textiles, complements upscale settings. The luxury massage chair market is being propelled by the increasing popularity of home gyms. While buying exercise equipment such as weights, stationary cycles, and treadmills, people search for extras to enhance their training. To relax muscles and ease pain after intense activity, luxury massage chairs are thought to be essential for rehabilitation. However, the market for luxury massage chairs is significantly constrained by high starting prices because these pricey items occasionally have high price tags that prevent a wider range of consumers from affording them.
Browse key industry insights spread across 215 pages with 121 Market data tables and figures & charts from the report on the Global Luxury Massage Chair Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Heated Massage Chairs, Inversion Massage Chairs, Zero Gravity Massage Chairs, and Full Body Massage Chairs), By Application (Commercial User and Residential Users), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Buy Now Full Report: https://www.sphericalinsights.com/checkout/7303
The full-body massage chairs segment has the largest market share of the global luxury massage chair market through the forecast period.
Based on the product type, the luxury massage chair market is classified into heated massage chairs, inversion massage chairs, zero gravity massage chairs, and full body massage chairs. Among these, the full-body massage chairs segment has the largest market share of the global luxury massage chair market through the forecast period. These chairs provide a relaxing and healing experience that helps users decompress, improve circulation, and ease tense muscles. They have thus gained a lot of popularity among health-conscious consumers. Numerous factors, such as the economic growth of emerging countries and changing consumer preferences, are expected to contribute to this market’s anticipated rapid expansion.
The commercial user segment has the highest market share in the global luxury massage chair market during the projected timeframe.
Based on the application, the luxury massage chair market is divided into commercial users and residential users. Among these, the commercial user segment has the highest market share in the global luxury massage chair market during the projected timeframe. The market is led by the commercial user segment, which generates a significant amount of total income. Companies are spending money on high-end massage chairs to differentiate their business from rivals. For organizations that prioritize health and well-being, these chairs are a differentiator. In the upcoming years, it is anticipated that the luxury massage chair market will expand significantly in both the residential and commercial segments.
Inquire Before Buying This Research Report: https://www.sphericalinsights.com/inquiry-before-buying/7303
Europe is expected to hold the largest share of the luxury massage chair market over the forecast period.
Europe is expected to hold the largest share of the luxury massage chair market over the forecast period. As the medical advantages of massage become more widely acknowledged, especially in countries in Central and Eastern Europe, the industry has a significant share in that continent. Russia, Germany, France, Italy, Spain, and the United Kingdom are other major players in this sector. These seats are being used in commercial buildings all over Europe to enhance customer satisfaction and boost foot traffic. Additionally, people can now purchase massage chairs from the comfort of their homes owing to the emergence of e-commerce.
North America is projected to grow at the fastest CAGR of the office furniture market over the forecast period. Owing to the growing demand for high-end wellness goods. The market is developing as a result of the growing popularity of luxury massage chairs in developed countries as well as consumers’ increased emphasis on relaxation and health. Technology and design developments also increase customer interest, securing North America’s dominant position in this sector. North America has become the global leader in both market share and revenue. Numerous factors, including a robust economic base, advantageous governmental regulations, and a flourishing digital economy, have been recognized as contributing factors.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global luxury massage chair market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the luxury massage chair market include iRobo Wellness Pvt. Ltd., Johnson Health Tech Co. Ltd., JSB Wellness, Medical Breakthrough, Ogawa World USA LLC, Online and Ltd., OTA World LLC, Panasonic Holdings Corp., Shanghai Rongtai Health Technology Co. Ltd., V3 Group Ltd., Vitalizer International AG, Zarifa Corp., Daiwa Massage, Dr.Care International Inc., and Others.
Recent Developments
- In July 2024, The Biovis massage chair (photo), the brand’s most sophisticated product to date, was unveiled by OGAWA Malaysia. “Overseer” is a sophisticated AI control system that controls cutting-edge technology, world-first innovations, and cutting-edge AI algorithms.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the luxury massage chair market based on the below-mentioned segments:
Global Luxury Massage Chair Market, By Product Type
- Heated Massage Chairs
- Inversion Massage Chairs
- Zero Gravity Massage Chairs
- Full Body Massage Chairs
Global Luxury Massage Chair Market, By Application
- Commercial User
- Residential User
Global Luxury Massage Chair Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Global Neem Oil Market Size, Share, and COVID-19 Impact By Type (Leaf Extract, Seed Extract and Bark Extract), By Application (Pesticides/Agriculture, Personal Care, Animal Products, Pharmaceuticals, Pharmaceutical Industry, and Food Industry), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Global Smart Faucets Market Size, Share, and COVID-19 Impact Analysis, By Product (Ball, Disc, Cartridge, and Compression), By Application (Bathroom, Kitchen, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
Global Pore Strips Market Size, Share, and COVID-19 Impact Analysis, By Ingredient (Charcoal and Non-Charcoal), By End-use (Salon and Home), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us