Authored By: Sarah
23 Dec 2021

Luxury Massage Chair Market: Technavio Research Identifies Europe as the Dominant Region

Geographical Segmentation and Growth Analysis

The luxury massage chair market is expected to grow by $ 242.01 mn, accelerating at a CAGR of over 3.25% during the forecast period. This research report offers an in-depth analysis of the market with respect to different geographical segments. It also provides a detailed analysis of all the trends, drivers and challenges that will impact the market during the coming years. The report also offers a breakdown of all the regional players and their market share along with their product portfolio. This research analysis will provide our clients with the insights necessary to plan their growth strategy.


For a glimpse into our research analysis and insights: Request for our Free Sample Report


Luxury Massage Chair Market to Post Incremental Growth of $ 242.01 mn During 2021-2025 | Key Geographies that will Drive Growth

Luxury Massage Chair Market: Europe to lead market growth during the forecast period

  • 37% of the market growth will originate from Europe during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Luxury Massage Chair Market size.
  • Growing work-related stress and the need for stress-relieving solutions will be a significant factor in driving the growth of the luxury massage chair market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
  • Market is segmented by End-user (Residential and Commercial), Distribution Channel (Offline and Online), and Geography (Europe, North America, APAC, South America, and MEA).

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of over 3.25%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 242.01 mn through 2021-2025.

     
  3. What is a key factor driving this market?
    growing work-related stress and the need for stress-relieving solutions will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    37% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are AJX. Inc, Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (Residential and Commercial), Distribution Channel (Offline and Online), and Geography (Europe, North America, APAC, South America, and MEA).

Market Segmentation by End-user

    • Luxury Massage Chair Market Split by End-user
      • Residential
      • Commercial
    • Luxury Massage Chair Market Split by Distribution Channel
      • Offline
      • Online
    • Luxury Massage Chair Market Split by Geography
      • Europe
      • North America
      • APAC
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • AJX. Inc
  • Aojiahua Intelligent Health Technology Group Co. Ltd.
  • Family Inada Co. Ltd.
  • Johnson Health Tech Inc.
  • JSB Health & Fitness Pvt. Ltd.
  • Medical Breakthrough
  • OSIM International Pte. Ltd.
  • OTA World LLC
  • Panasonic Corp.
  • Shanghai Rongtai Health Technology Co. Ltd.

Luxury Massage Chair Market: Technavio Research Identifies Europe as the Dominant Region

Geographical Segmentation and Growth Analysis

The luxury massage chair market is set to grow by $ 242.01 mn, accelerating at a CAGR of almost 3.25% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenarios. It provides a detailed analysis of all the trends, drivers, and challenges that will impact the market during the forecast period. The report also offers a breakdown of all the regional players and their market share along with best-performing segments. This detailed analysis will help our clients identify areas of high growth as well as those with significant growth potential.


For a glimpse into our research analysis and insights: Request for our Free Sample Report


Luxury Massage Chair Market to Post Incremental Growth of $ 242.01 mn During 2021-2025 | Key Geographies that will Drive Growth

Luxury Massage Chair Market: Europe to lead market growth during the forecast period

  • 37% of the market growth will originate from Europe during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Luxury Massage Chair Market size.
  • Growing work-related stress and the need for stress-relieving solutions will be a significant factor in driving the growth of the luxury massage chair market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
  • Market is segmented by End-user (Residential and Commercial), Distribution Channel (Offline and Online), and Geography (Europe, North America, APAC, South America, and MEA).

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of over 3.25%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 242.01 mn through 2021-2025.

     
  3. What is a key factor driving this market?
    growing work-related stress and the need for stress-relieving solutions will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    37% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are AJX. Inc, Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (Residential and Commercial), Distribution Channel (Offline and Online), and Geography (Europe, North America, APAC, South America, and MEA).

Market Segmentation by End-user

    • Luxury Massage Chair Market Split by End-user
      • Residential
      • Commercial
    • Luxury Massage Chair Market Split by Distribution Channel
      • Offline
      • Online
    • Luxury Massage Chair Market Split by Geography
      • Europe
      • North America
      • APAC
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • AJX. Inc
  • Aojiahua Intelligent Health Technology Group Co. Ltd.
  • Family Inada Co. Ltd.
  • Johnson Health Tech Inc.
  • JSB Health & Fitness Pvt. Ltd.
  • Medical Breakthrough
  • OSIM International Pte. Ltd.
  • OTA World LLC
  • Panasonic Corp.
  • Shanghai Rongtai Health Technology Co. Ltd.

Luxury Massage Chair: Discover Key Drivers that will Boost Growth

Growth Drivers and Market Forecast for 2021-2025

Technavio’s Luxury Massage Chair Market is set to grow by $ 242.01 mn, and the market will progressing at a CAGR of over 3.25% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Luxury Massage Chair Market: What are the factors that will drive market growth?

Technavio has identified  Growing work-related stress and the need for stress-relieving solutions as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Luxury Massage Chair Market to Post Incremental Growth of $ 242.01 mn During 2021-2025 | Key Geographies that will Drive Growth

Luxury Massage Chair Market: Segment List

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Luxury Massage Chair Market is segmented by End-user (Residential and Commercial), Distribution Channel (Offline and Online), and Geography (Europe, North America, APAC, South America, and MEA). Request our Free Sample Report

Luxury Massage Chair Market: AJX. Inc, Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd. are some of the leading competitors

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AJX. Inc, Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 3.25%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 242.01 mn through 2021-2025.
     
  3. What is a key factor driving this market?
    Growing work-related stress and the need for stress-relieving solutions will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    Europe, North America, APAC, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    37% growth will originate from Europe
     
  6. Who are the leading market vendors?
    The leading vendors in this market are AJX. Inc, Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd.
     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (Residential and Commercial), Distribution Channel (Offline and Online), and Geography (Europe, North America, APAC, South America, and MEA)

Luxury Massage Chair Market Size to Grow by USD 110.87 mn through 2020-2024

The luxury massage chair market is expected to grow by USD 110.87 mn, accelerating at a CAGR of almost 1% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report

Luxury Massage Chair Market: Segmentation by End-user

This report provides a detailed analysis of the market by End-user (Residential and Commercial), Geography (Europe, North America, APAC, South America, and MEA), and Distribution channel (Offline and Online). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Luxury Massage Chair Market to Post Incremental Growth of $ 242.01 mn During 2021-2025 | Key Geographies that will Drive Growth

Luxury Massage Chair Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AJX. Inc., Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough LLC, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

Technavio has been monitoring the global luxury massage chair market and it is expected to grow by USD 110.87 million accelerating at a CAGR of over 1% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

This report provides a detailed analysis of the luxury massage chair market by End-user (Residential and Commercial),  Geography (Europe, North America, APAC, South America, and MEA), and Distribution channel (Offline and Online), and the Segment Forecasts, 2020-2024. The report also provides a detailed analysis of around 25 vendors operating in the luxury massage chair market. 

Luxury Massage Chair Market to Post Incremental Growth of $ 242.01 mn During 2021-2025 | Key Geographies that will Drive Growth

Luxury Massage Chair Market: High Need for Stress-relieving solutions to Drive Growth

One of the primary factors that will trigger the growth of the luxury massage chair market size is the growing work-related stress and the need for stress-relieving solutions. It has been noticed that work-related stress occurs due to the increasing prevalence of health conditions such as obesity, high blood pressure, depression, poor circulation, and anxiety. Luxury massage chairs are gaining traction due to their health-promoting benefits associated with their use. Massage chairs are in high demand as they help in stimulating blood circulation, relieve pain, and enable the muscles to relax. Moreover, luxury massage chairs help in relaxing fatigued muscles and facilitate in loosening of tense muscles. 

Many individuals who require frequent or periodic massage therapies invest in a residential luxury massage chair that has multiple massage and stretching programs specific to certain massage treatments, such as zone therapy (reflexology) or 3D massage therapy. Moreover, vendors are also focusing on further product innovation to reach out to more prospective customers.

Luxury Massage Chair Market: Vendor Analysis

The market is fragmented due to the presence of several playersz. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AJX. Inc., Aojiahua Intelligent Health Technology Group Co. Ltd. and Family Inada Co. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

 

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