Massage Chair Market Dynamics 2021-2031
Massage chair is a chair used for body massage, across personal care service outlets. It improves circulation of blood which promotes muscle healing and allows the body to carry nutrients and oxygen to the organs and cells of the body and removes the unwanted toxin from the body. Majority of the world population suffering from physical and mental stress which affects their body. The massage chair is the best possible way to relive the stress by relaxing fatigued muscles and facilitate loosening of tense muscles.
MARKET DYNAMICS
The lifestyle of the people around the global is changing rapidly, and with access to internet people are likely to purchase such devices, which is expected to have a positive impact in the growth of the device in the market. People opting for massage therapies such as acupressure, aromatherapy, and physiotherapy are factors fuelling the growth for massage chairs market. Increasing awareness among the consumers about the technologies related to the device is expected to be the driving factor for the growth of global massage chair. Consumer shifting from medicines to massage therapies due to health related benefits is the growing trend for massage chair market.
MARKET SCOPE
The "Global Massage Chair Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the massage chair market with detailed market segmentation by therapy and distribution channel. The global massage chair market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading massage chair market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The massage chair market is segmented into therapy, and distribution channel. By therapy, the massage chair market is bifurcated into vibration therapy, heat therapy, and others. By distribution channel, the massage chair market is bifurcated into supermarkets & hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the massage chair market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The massage chair market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the massage chair market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the massage chair market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the massage chair market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The massage chair market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the massage chair market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the massage chair market in these regions.
MARKET PLAYERS
The report covers vital developments in the massage chair market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the massage chair market are anticipated to lucrative growth opportunities in the future with the rising demand for massage chair in the global market. Below mentioned is the list of few companies engaged in the massage chair market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the massage chair market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Medical Breakthrough
- Daiwa Massage
- Infinity
- Otahf
- Panasonic Corporation
- JSB Group
- Honson Health Care Co. Ltd.
- Kyota
- Cozzia USA
- Ogawa
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Massage Chair Market - By Therapy
1.3.2 Massage Chair Market - By Distribution Channel
1.3.3 Massage Chair Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MASSAGE CHAIR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MASSAGE CHAIR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MASSAGE CHAIR MARKET - GLOBAL MARKET ANALYSIS
6.1. MASSAGE CHAIR - GLOBAL MARKET OVERVIEW
6.2. MASSAGE CHAIR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MASSAGE CHAIR MARKET - REVENUE AND FORECASTS TO 2028 - THERAPY
7.1. OVERVIEW
7.2. THERAPY MARKET FORECASTS AND ANALYSIS
7.3. VIBRATION THERAPY
7.3.1. Overview
7.3.2. Vibration Therapy Market Forecast and Analysis
7.4. HEAT THERAPY
7.4.1. Overview
7.4.2. Heat Therapy Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. MASSAGE CHAIR MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. MASSAGE CHAIR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Massage Chair Market Overview
9.1.2 North America Massage Chair Market Forecasts and Analysis
9.1.3 North America Massage Chair Market Forecasts and Analysis - By Therapy
9.1.4 North America Massage Chair Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Massage Chair Market Forecasts and Analysis - By Countries
9.1.5.1 United States Massage Chair Market
9.1.5.1.1 United States Massage Chair Market by Therapy
9.1.5.1.2 United States Massage Chair Market by Distribution Channel
9.1.5.2 Canada Massage Chair Market
9.1.5.2.1 Canada Massage Chair Market by Therapy
9.1.5.2.2 Canada Massage Chair Market by Distribution Channel
9.1.5.3 Mexico Massage Chair Market
9.1.5.3.1 Mexico Massage Chair Market by Therapy
9.1.5.3.2 Mexico Massage Chair Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Massage Chair Market Overview
9.2.2 Europe Massage Chair Market Forecasts and Analysis
9.2.3 Europe Massage Chair Market Forecasts and Analysis - By Therapy
9.2.4 Europe Massage Chair Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Massage Chair Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Massage Chair Market
9.2.5.1.1 Germany Massage Chair Market by Therapy
9.2.5.1.2 Germany Massage Chair Market by Distribution Channel
9.2.5.2 France Massage Chair Market
9.2.5.2.1 France Massage Chair Market by Therapy
9.2.5.2.2 France Massage Chair Market by Distribution Channel
9.2.5.3 Italy Massage Chair Market
9.2.5.3.1 Italy Massage Chair Market by Therapy
9.2.5.3.2 Italy Massage Chair Market by Distribution Channel
9.2.5.4 United Kingdom Massage Chair Market
9.2.5.4.1 United Kingdom Massage Chair Market by Therapy
9.2.5.4.2 United Kingdom Massage Chair Market by Distribution Channel
9.2.5.5 Russia Massage Chair Market
9.2.5.5.1 Russia Massage Chair Market by Therapy
9.2.5.5.2 Russia Massage Chair Market by Distribution Channel
9.2.5.6 Rest of Europe Massage Chair Market
9.2.5.6.1 Rest of Europe Massage Chair Market by Therapy
9.2.5.6.2 Rest of Europe Massage Chair Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Massage Chair Market Overview
9.3.2 Asia-Pacific Massage Chair Market Forecasts and Analysis
9.3.3 Asia-Pacific Massage Chair Market Forecasts and Analysis - By Therapy
9.3.4 Asia-Pacific Massage Chair Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Massage Chair Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Massage Chair Market
9.3.5.1.1 Australia Massage Chair Market by Therapy
9.3.5.1.2 Australia Massage Chair Market by Distribution Channel
9.3.5.2 China Massage Chair Market
9.3.5.2.1 China Massage Chair Market by Therapy
9.3.5.2.2 China Massage Chair Market by Distribution Channel
9.3.5.3 India Massage Chair Market
9.3.5.3.1 India Massage Chair Market by Therapy
9.3.5.3.2 India Massage Chair Market by Distribution Channel
9.3.5.4 Japan Massage Chair Market
9.3.5.4.1 Japan Massage Chair Market by Therapy
9.3.5.4.2 Japan Massage Chair Market by Distribution Channel
9.3.5.5 South Korea Massage Chair Market
9.3.5.5.1 South Korea Massage Chair Market by Therapy
9.3.5.5.2 South Korea Massage Chair Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Massage Chair Market
9.3.5.6.1 Rest of Asia-Pacific Massage Chair Market by Therapy
9.3.5.6.2 Rest of Asia-Pacific Massage Chair Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Massage Chair Market Overview
9.4.2 Middle East and Africa Massage Chair Market Forecasts and Analysis
9.4.3 Middle East and Africa Massage Chair Market Forecasts and Analysis - By Therapy
9.4.4 Middle East and Africa Massage Chair Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Massage Chair Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Massage Chair Market
9.4.5.1.1 South Africa Massage Chair Market by Therapy
9.4.5.1.2 South Africa Massage Chair Market by Distribution Channel
9.4.5.2 Saudi Arabia Massage Chair Market
9.4.5.2.1 Saudi Arabia Massage Chair Market by Therapy
9.4.5.2.2 Saudi Arabia Massage Chair Market by Distribution Channel
9.4.5.3 U.A.E Massage Chair Market
9.4.5.3.1 U.A.E Massage Chair Market by Therapy
9.4.5.3.2 U.A.E Massage Chair Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Massage Chair Market
9.4.5.4.1 Rest of Middle East and Africa Massage Chair Market by Therapy
9.4.5.4.2 Rest of Middle East and Africa Massage Chair Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Massage Chair Market Overview
9.5.2 South and Central America Massage Chair Market Forecasts and Analysis
9.5.3 South and Central America Massage Chair Market Forecasts and Analysis - By Therapy
9.5.4 South and Central America Massage Chair Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Massage Chair Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Massage Chair Market
9.5.5.1.1 Brazil Massage Chair Market by Therapy
9.5.5.1.2 Brazil Massage Chair Market by Distribution Channel
9.5.5.2 Argentina Massage Chair Market
9.5.5.2.1 Argentina Massage Chair Market by Therapy
9.5.5.2.2 Argentina Massage Chair Market by Distribution Channel
9.5.5.3 Rest of South and Central America Massage Chair Market
9.5.5.3.1 Rest of South and Central America Massage Chair Market by Therapy
9.5.5.3.2 Rest of South and Central America Massage Chair Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MASSAGE CHAIR MARKET, KEY COMPANY PROFILES
11.1. MEDICAL BREAKTHROUGH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DAIWA MASSAGE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. INFINITY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. OTAHF
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PANASONIC CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JSB GROUP
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HONSON HEALTH CARE CO. LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KYOTA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. COZIZA USA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. OGAWA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Medical Breakthrough
2.Daiwa Massage
3.Infinity
4.Otahf
5.Panasonic Corporation
6.JSB Group
7.Honson Health Care Co. Ltd.
8.Kyota
9.Coziza USA
10.Ogawa
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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