The Luxury Massage Chair Market is being driven by Growing work-related stress and need for stress-relieving solutions
The Luxury Massage Chair Market is expected to grow at a CAGR of 3.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 300.9 million. Shiatsu massage, a renowned Japanese therapy, employs finger, thumb, and palm techniques for stretching, mobilizing, and joint manipulation. This therapy, while not scientifically proven to cure or prevent diseases, offers numerous benefits, including stress relief and improved health and vitality. Due to the intricacy of Shiatsu massage techniques, global demand for expert practitioners is high. In response, luxury massage chair manufacturers have integrated Shiatsu massage models, providing consumers with an electric, automated alternative to traditional Shiatsu sessions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
213 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.4% |
Market growth 2025-2029 |
USD 300.9 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.1 |
Key countries |
US, Germany, UK, Canada, France, China, Italy, The Netherlands, Japan, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Luxury Massage Chair market is witnessing significant growth as people prioritize self-care and wellness, especially in the context of rising lifestyle diseases such as diabetes, hypertension, and orthopedic conditions. Towards Healthcare, this segment offers professional services and advanced equipment, including massage chairs, to address chronic diseases and improve overall health. Online communities provide valuable resources, while equipment like cardiovascular training and strength training gear, functional beverages, and dietary supplements further support health enhancement. Despite the benefits, concerns around deceptive marketing prices and high equipment costs persist. The Canadian population, particularly those with sedentary lifestyles, can reap the rewards of these offerings from reputable brands like BMC (BioMed Central), Fitness World, Life Fitness, Medtronic Plc, and Powermax Fitness.
The luxury massage chair market is a segment of the larger household durables industry, which encompasses categories such as consumer electronics, home furnishings, homebuilding products, household appliances, houseware and specialties, and leisure products. According to Technavio's market analysis, the global household durables market is expected to grow significantly due to the increasing number of health and fitness club memberships worldwide. This trend is particularly relevant to the luxury massage chair market, which caters to both commercial and residential users. The market offers various types of massage chairs, including traditional, robotic, heated, inversion, and air massage chairs, available through specialty stores. These chairs provide a range of health benefits, making them an attractive investment for consumers seeking to enhance their wellness routines.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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