Authored By: Sarah
11 Jul 2024

 Cold Plunge Tub Market Size to grow by USD 96 million between 2024-2028

According to a research report “ Cold Plunge Tub Market” by Product Type (In-ground cold plunge tubs, Above-ground cold plunge tubs) Application (Commercial, Residential) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 96 million, at a CAGR of  4.6% during the forecast period. In today's health-conscious society, the demand for cold plunge baths is surging. Hydrotherapy, including cold plunge therapy, is gaining popularity as individuals prioritize holistic wellness and self-care. Cold plunge tubs offer numerous benefits, such as stress relief, muscle repair, and improved circulation. These advantages align with contemporary lifestyles, making cold plunge therapy an efficient and revitalizing rejuvenation method. The integration of cold plunge baths in commercial wellness facilities and residential settings underscores this evolving customer perspective.

Browse market data tables, figures, and in-depth TOC on “Cold Plunge Tub Market” by Product Type (In-ground cold plunge tubs, Above-ground cold plunge tubs) Application (Commercial, Residential) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Product Type, the In-ground cold plunge tubs segment is projected to dominate the market size in 2024

In the global cold plunge tub market, the commercial sector has become the primary driver of growth in 2022. These tubs have gained significant traction in establishments such as health clubs, spas, hotels, and fitness centers. Upscale resorts are incorporating cold plunge tubs into their spa offerings to provide visitors with alternative hydrotherapy experiences. High-end training facilities are also installing these tubs to aid in muscle recovery following intense workouts. The commercial sector's expansion is fueled by the increasing consumer awareness of cold therapy's health benefits, which include relaxation, muscle inflammation reduction, and overall well-being enhancement.

By Application, Commercial  segment is expected to hold the largest market size for the year 2024

In-ground cold plunge tubs represent a significant segment in the global cold plunge tub market, driven by their increasing popularity among high-end consumers. These tubs offer a luxurious and integrated solution for various establishments, including spa resorts, elite residences, and wellness centers. Notable spa facilities, such as Tranquil Waters Retreat in the UK, which caters to clients in the US, Canada, Australia, UK, Germany, and France, have incorporated in-ground cold plunge baths to enhance their premium offerings and attract wellness enthusiasts. This trend has further fostered collaborations between industry players and architectural firms, focusing on bespoke in-ground tub installations for affluent clientele.

North America is forecasted to hold the largest market size by region in 2024

The Cold Plunge Tub market represents a significant business opportunity for manufacturers and suppliers. This market segment caters to health-conscious consumers seeking to enhance their wellness routines. Cold plunge tubs offer numerous benefits, including improved circulation, reduced inflammation, and increased metabolism. Market growth is driven by rising health awareness, increasing disposable income, and a growing preference for at-home wellness solutions. Businesses focusing on this niche can anticipate steady demand and potential for expansion.

The Cold Plunge Tub Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Arctic Cold Tubs
  • Brass Monkey Health LTD
  • Cold Tribe Wellness
  • COLDTUB
  • Diamond Spas Inc.
  • Edge Theory Labs Inc.
  • Ice Barrel Inc.
  • Icepodcompany LLC
  • iCool Australia Pty Ltd
  • INERGIZE HEALTH
  • NordicWave
  • Odin Ice Baths USA
  • PLUNGE
  • Polar Monkeys
  • Red Rock Outdoors Co.
  • RENU Therapy
  • Sun Home Saunas
  • Water Therapy UK Ltd
.

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Research Analysis Overview

The Cold Plunge Tub market is experiencing significant growth due to the increasing popularity of cold-water treatment for health and wellness. This technology, which involves immersing the body in cold water for a short period, is gaining traction in various public spaces, including gyms, sports training centers, public facilities, spas, and fitness centers. Product availability has expanded to cater to this demand, with cold plunge tubs and cold plunge pools becoming increasingly common. Cold water therapy offers numerous health benefits, such as improved circulation, reduced inflammation, and muscle soreness relief. These therapeutic advantages make cold plunge tubs an essential addition to hydrotherapy facilities. Design plays a crucial role in the cold plunge tub market, with manufacturers focusing on creating user-friendly and aesthetically pleasing products. Cold plunge tubs are not only used for recuperation but also for enhancing overall health and wellness. The technology behind cold water immersion continues to evolve, offering new possibilities for those seeking to improve their physical and mental well-being.

Market Research Overview

The Cold Plunge Tub market is experiencing significant growth in various sectors, including luxury segment, health tourism, and wellness retreats. These tubs, which provide cold-water treatment, are gaining popularity as a premium wellness facility in urban neighborhoods, wellness centers, and commercial fitness centers. With the rise of online sales channels and eCommerce platforms, cold plunge tubs are increasingly accessible to health enthusiasts, athletes, and sports persons. Above-ground cold plunge tubs are a popular choice for residential application, while hospitals, physical therapy offices, gyms, sports training centers, and public facilities also incorporate these tubs into their rehabilitation programs. Cold plunge tubs offer numerous health benefits, including muscle recovery, stress reduction, and circulation improvement. They are also effective in reducing inflammation and sore muscles, making them a valuable addition to any fitness or wellness program. Technology plays a significant role in the cold plunge tub market, with monitoring devices, sensors, and connectivity features becoming increasingly common. These intelligent technologies allow users to track their health metrics, such as body temperature and heart rate, during cold water immersion. Cold plunge tubs are also used in professional sports and holistic health practices, providing scientific validation for the therapeutic advantages of cold water therapy. Overall, the cold plunge tub market is poised for continued growth in the fitness sector and wellness culture.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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