Global Massage Equipment Market

Massage Equipment Market Size, Share, Growth Analysis, By Type(Electric massagers, manual massagers, and others), By End-user(Residential and commercial sectors), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25E2064 | Region: Global | Published Date: March, 2024
Pages: 223 | Tables: 61 | Figures: 75

Massage Equipment Market Insights

Global Massage Equipment Market size was valued at USD 15.65 billion in 2022 and is poised to grow from USD 17.04 million in 2023 to USD 33.71 billion by 2031, at a CAGR of 8.9% during the forecast period (2024-2031).

The global massage equipment market has witnessed steady growth driven by increasing stress levels, sedentary lifestyles, and a growing focus on holistic well-being.

Key factors include rising demand for home-use devices, advancements in technology leading to innovative and customizable products, and expanding wellness tourism.

North America and Asia-Pacific dominate the market due to rising disposable incomes and awareness.

The market is highly competitive with both established players and new entrants offering a wide range of products, including handheld massagers, electric massage chairs, and portable massage devices.

As consumers prioritize self-care, the market is expected to continue its upward trajectory.

US Massage Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Massage Equipment Market size was valued at USD 15.65 billion in 2022 and is poised to grow from USD 17.04 million in 2023 to USD 33.71 billion by 2031, at a CAGR of 8.9% during the forecast period (2024-2031).

The massage equipment market features a competitive landscape characterized by a mix of established players and innovative newcomers. Industry leaders like Panasonic, HoMedics, and OSIM International maintain their dominance through extensive product portfolios, widespread distribution networks, and brand recognition. Meanwhile, emerging companies such as Etekcity and Brookstone introduce cutting-edge technologies and unique design approaches to attract consumers. Online platforms serve as crucial avenues for market growth, enabling both established and new entrants to reach a audience. As consumer demand for relaxation and wellness remains steady, competition focuses on product innovation, pricing strategies, and effective marketing to secure market share. 'OSIM International Ltd. - Singapore', 'Panasonic Corporation - Japan', 'HoMedics Inc. - United States', 'Beurer GmbH - Germany', 'JSB Healthcare - India', 'Inada Co., Ltd. - Japan', 'Huang Wei Health - China', 'OGAWA World Berhad - Malaysia', 'MedMassager - United States', 'Forever Rest - United States', 'Breo International - China', 'Luraco Technologies - United States', 'Berkshire Hathaway (Brookstone) - United States', 'Fujiiryoki Co., Ltd. - Japan', 'HealthmateForever - United States', 'Family Inada Co., Ltd. - Japan', 'Human Touch - United States', 'Ogawa Corporation - Japan', 'Casada International - Germany', 'Dongguan Esino Technology Co., Ltd. - China'

There has been a trend towards health and wellness, with more individuals seeking ways to relax, alleviate stress, and improve overall well-being. Massage therapy is often considered an effective method to achieve these goals. As people become more health-conscious and informed about the benefits of massage, the demand for massage equipment, such as massage chairs, handheld massagers, and other devices, tends to increase.

Rise in Wellness and Self-Care: One of the prominent trends in the massage equipment market was the increasing focus on wellness and self-care. As people became more health-conscious and sought ways to alleviate stress and promote relaxation, demand for massage equipment, such as massage chairs, handheld massagers, and massage cushions, witnessed growth. Manufacturers were developing products that offered various massage techniques, customizable settings, and smart features to cater to this demand.

The largest growing region among these can vary depending on the specific time frame and market dynamics. Traditionally, North America and Europe have been some of the largest segments due to their established wellness industries and higher disposable incomes.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Massage Equipment Market

Report ID: SQMIG25E2064

$5,300
BUY NOW GET FREE SAMPLE