The global demand for Massage Equipment Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Massage equipment refers to a wide variety of products ranging from chairs and sofas to mini foot massagers. These are available for both residential and commercial uses and have become quite affordable nowadays thereby allowing people from each section of the society to avail them and enjoy the benefits. Since these are very easy to use, the market for massage equipment kits is expected to witness a growth in their market.
The rapid pace of advancement in technology has created an extremely competitive market, especially for electronics. So the growth in the electronics market has increased the number of investments made in the development of advanced massage equipment. Consumer behaviour patterns are also changing and people are more interested in purchasing updated electronic equipment even if they are massage equipment. Besides the normal massaging mechanisms the massage equipment kits are also equipped with Bluetooth, music players, and body scanners. The increasing demand for such updated equipment is acting as a major driver for the massage equipment kits market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of massage equipment.
The entire massage equipment market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Chairs & Sofas
- Back Massagers
- Neck & Shoulder
This section covers regional segmentation which accentuates on current and future demand for massage equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Massage Equipment Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the massage equipment market include BOSSMANBRANDS, OSIM International Ltd., JSB Healthcare, Panasonic, Prospera, Casada International, RoboTouch, Prospera. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.