LONDON--(BUSINESS WIRE)--Technavio has been monitoring the massage equipment market and it is poised to grow by USD 3.27 billion during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the massage equipment market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
Frequently Asked Questions:
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aojiahua Intelligent Health Technology Group Co. Ltd., Beurer GmbH, Casada International GmbH, Family Inada Co. Ltd., JSB Health & Fitness Pvt. Ltd., OSIM International Pte. Ltd., Panasonic Corp., Prospera Corp., Shanghai Rongtai Health Technology Co. Ltd., and Wahl Clipper Corp. are some of the major market participants. Although the need to alleviate pain and stress will offer immense growth opportunities, the shift to traditional massage therapies is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this massage equipment market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Massage Equipment Market 2020-2024: Segmentation
Massage Equipment Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: Talk to Us - Technavio
Massage Equipment Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The massage equipment market report covers the following areas:
This study identifies the growing popularity of the Shiatsu massage model as one of the prime reasons driving the Massage Equipment Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Massage Equipment Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Click & Get Free sample report in minutes
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the massage equipment market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
Frequently Asked Questions:
- Based on segmentation by product, which is the leading segment in the market?
The massage chairs and sofas segment led the market in 2019.
- What are the major trends in the market?
The growing popularity of the Shiatsu massage model is the key trend in the market.
- At what rate is the market projected to grow?
The market is projected to grow at a CAGR of almost 3% during the forecast period.
- Who are the top players in the market?
Aojiahua Intelligent Health Technology Group Co. Ltd., Beurer GmbH, Casada International GmbH, Family Inada Co. Ltd., JSB Health & Fitness Pvt. Ltd., OSIM International Pte. Ltd., Panasonic Corp., Prospera Corp., Shanghai Rongtai Health Technology Co. Ltd., and Wahl Clipper Corp. are the top players in the market.
- What are the key market drivers and challenges?
The market is driven by the need to alleviate pain and stress. However, the shift to traditional massage therapies might hamper growth.
Related Reports on Consumer Discretionary Include:
Global Automotive Seat Massage System Market - Global automotive seat massage system market is segmented by type (passenger cars and commercial vehicles) and geography (Europe, North America, APAC, South America, and MEA). Click Here to Get an Exclusive Free Sample Report
Global Wakeboarding Equipment Market - Global wakeboarding equipment market is segmented by product (protective gear, wakeboards, clothing, and others), geography (North America, Europe, APAC, South America, and MEA), and distribution channel (sporting goods retailers, online retail, and others). Click Here to Get an Exclusive Free Sample Report
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aojiahua Intelligent Health Technology Group Co. Ltd., Beurer GmbH, Casada International GmbH, Family Inada Co. Ltd., JSB Health & Fitness Pvt. Ltd., OSIM International Pte. Ltd., Panasonic Corp., Prospera Corp., Shanghai Rongtai Health Technology Co. Ltd., and Wahl Clipper Corp. are some of the major market participants. Although the need to alleviate pain and stress will offer immense growth opportunities, the shift to traditional massage therapies is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this massage equipment market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Massage Equipment Market 2020-2024: Segmentation
Massage Equipment Market is segmented as below:
- Product
- Massage Chairs And Sofas
- Back Massagers
- Handheld Massagers
- Neck And Shoulder Massagers
- Others
- Geography
- North America
- Europe
- APAC
- South America
- MEA
- End-user
- Commercial
- Residential
- Type
- Electric Massage Equipment
- Non-electric Massage Equipment
To learn more about the global trends impacting the future of market research, download a free sample: Talk to Us - Technavio
Massage Equipment Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The massage equipment market report covers the following areas:
- Massage Equipment Market Size
- Massage Equipment Market Trends
- Massage Equipment Market Industry Analysis
This study identifies the growing popularity of the Shiatsu massage model as one of the prime reasons driving the Massage Equipment Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Massage Equipment Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist massage equipment market growth during the next five years
- Estimation of the massage equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the massage equipment market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of massage equipment market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Massage chairs and sofas - Market size and forecast 2019-2024
- Back massagers - Market size and forecast 2019-2024
- Handheld massagers - Market size and forecast 2019-2024
- Neck and shoulder massagers - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Commercial - Market size and forecast 2019-2024
- Residential - Market size and forecast 2019-2024
- Market opportunity by End-user
Market Segmentation by Type
- Market segments
- Comparison by Type
- Electric massage equipment - Market size and forecast 2019-2024
- Non-electric massage equipment - Market size and forecast 2019-2024
- Market opportunity by Type
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Impact of COVID-19 pandemic on the market
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Aojiahua Intelligent Health Technology Group Co. Ltd.
- Beurer GmbH
- Casada International GmbH
- Family Inada Co. Ltd.
- JSB Health & Fitness Pvt. Ltd.
- OSIM International Pte. Ltd.
- Panasonic Corp.
- Prospera Corp.
- Shanghai Rongtai Health Technology Co. Ltd.
- Wahl Clipper Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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