Global Luxury Massage Chairs Industry

Global Luxury Massage Chairs Industry

  • April 2021 •
  • 126 pages •
  • Report ID: 5957301 •
  • Format: PDF
Abstract:
- Global Luxury Massage Chairs Market to Reach $757.7 Million by 2027
- Amid the COVID-19 crisis, the global market for Luxury Massage Chairs estimated at US$511.7 Million in the year 2020, is projected to reach a revised size of US$757.7 Million by 2027, growing at aCAGR of 5.8% over the period 2020-2027. Residential Users, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$433.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial Users segment is readjusted to a revised 6.3% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $151.7 Million, While China is Forecast to Grow at 4.9% CAGR
- The Luxury Massage Chairs market in the U.S. is estimated at US$151.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$127.9 Million by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

- Select Competitors (Total 42 Featured) -
  • Cozzia USA
  • Family Inada Co Ltd
  • Fujiiryoki
  • Human Touch
  • Inada
  • Infinity
  • Johnson Health Tech Co Ltd
  • Luraco
  • Ogawa
  • Omega
  • Osaki Massage Chairs
  • Osim International Ltd
  • Panasonic Corporation
  • RoboTouch
  • Spansure Medical Instruments Pvt Ltd
  • Titan
  • Vissco Rehabilitation Aids Pvt. Ltd.