MARKET DEFINITION

Massage chairs are a highly specialized form of sitting made to offer many of the advantages of getting a massage. The head, neck, shoulders, hands, arms, and back are all massaged in a massage chair. Recliners that allow for rest are fitted in massage chairs. Vibrating mechanisms are the foundation of massage chairs, which are used to relieve muscle stress. Modern, high-tech massage chairs have been installed, and they come with extra features like remote controls, music systems, adjustable foot and armrests, and massage pillow pads. Numerous advantages of massage chairs include reducing symptoms of acid reflux, boosting metabolism, and inducing relaxation.

MARKET DYNAMICS

The rising incidence of work-related stress and hectic consumer lifestyles has resulted in an increased need for stress-relieving and relaxing alternatives. The growing public knowledge of the therapeutic benefits of massage therapy in reducing pain and stress is driving product demand. Furthermore, the increased interest in other massage techniques that provide specialized complementary services, such as aromatherapy, acupressure, and physiotherapy, contributes to market growth. High product costs and high production expenses are anticipated to impede market expansion over the forecast period. The popularity of massage chairs increases in developing economies and public awareness of their health benefits will have lucrative growth opportunities.

REPORT SCOPE

The report titled “Global Therapeutic Massage Chairs Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Therapeutic Massage Chairs market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Therapeutic Massage Chairs market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics including drivers, restraints, opportunities challenges, and existing and upcoming pathways that help assist CXOs in making critical business decisions effectively. The global Therapeutic Massage Chairs Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.

GEOGRAPHICAL OVERVIEW

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations throughout the world, as well as the present trend and possibilities that exist in these regions.

MARKET SEGMENTATION

The Global Therapeutic Massage Chairs Market is segmented based on nature, type, product type, end use, distribution channel, and region. Based on nature, the market has been segmented into Conventional and Robotic whereas based on type, the market comprises Full Body Massage Chairs and Upper Body Massage Chairs. Based on product type, the market has been segmented into Inversion Massage Chairs, Zero Gravity Massage Chairs, Targeted Massage Products and Others whereas, the end use segmentation includes Residential and Commercial and based on distribution channel the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Online and Others.

COMPETITION LANDSCAPE

The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Therapeutic Massage Chairs market players. The report covers industry activities including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Therapeutic Massage Chairs market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Therapeutic Massage Chairs market emphasizing on the strategic initiatives, financial information, SWOT analysis, and key development in the Therapeutic Massage Chairs industry in the past three years.

Key players in the Global Therapeutic Massage Chairs Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:

• Bodyfriend
• Cozzia USA
• Family Inada Co., Ltd.
• Fujiiryoki
• Human Touch
• Infinity
• Kahuna Massage Chair
• Luraco Technologies
• Ogawa UK
• OSIM International Ltd
• Panasonic Canada Inc.
• Johnson Health Tech Co, Ltd.
• Osaki
• Fujita Massage Chair

COVID-19 IMPACT ANALYSIS ON GLOBAL THERAPEUTIC MASSAGE CHAIRS MARKET

The COVID-19 pandemic is still a very personal, individual experience that is also an once-in-a-lifetime worldwide phenomena with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities, and also had a negative impact on global economic development in 2020 unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce is expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.

In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market thereby, providing accurate and trustworthy forecasts.

RESEARCH PROGRAM DESIGN

KEY QUESTIONS ANSWERED

1. What is the current size of the global Therapeutic Massage Chairs market?
2. What will be the growth rate of the market over the forecast period?
3. Who are the key manufacturers/vendors in the Therapeutic Massage Chairs market space?
4. What are the major market opportunities and market risks faced by the market?
5. What is the impact of COVID-19 on the market?
6. What are the revenue, sales, and price analysis of the top manufacturers in this market?
7. What are the key outcomes of Porter's five forces model?
8. Who are the distributors, traders, and vendors in the industry?

REASONS FOR BUYING THIS REPORT:

• The report offers comprehensive data on the Therapeutic Massage Chairs market elaborating on the current state and future growth prospects both globally and regionally
• It offers a six-year market forecast trend evaluating the impact of drivers and restraints and supporting factors for growth
• The report offers deep-dive insights into each market segment and critical factors responsible for its growth
• The report presents precise picture of the dynamic competitive landscape which helps our client advance their market position
• The comprehensive analysis of the market along with the inclusion of analyst recommendations ensures that our clients make informed business decisions
• Cross-segment country-level analysis included in the report which provides granular analysis of more than 20+ countries covered in the report scope
• The study includes detailed profiles of major manufacturers to help our readers gain holistic overview of the market competitors and consequently align their business strategies.

Global Therapeutic Massage Chairs Market Growth, Trend and Forecast 2020-2028

Chapter 1 Therapeutic Massage Chairs Market Overview
1.1 Product Overview and Scope of Therapeutic Massage Chairs
1.2 Therapeutic Massage Chairs Market Segmentation by Type
1.2.1 Global Production Market Share of Therapeutic Massage Chairs by Type in 2019
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Therapeutic Massage Chairs Market Segmentation by Application
1.3.1 Therapeutic Massage Chairs Consumption Market Share by Application in 2019
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Therapeutic Massage Chairs Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Therapeutic Massage Chairs (2014-2028)

Chapter 2 Global Economic Impact on Therapeutic Massage Chairs Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Therapeutic Massage Chairs Market Competition by Manufacturers
3.1 Global Therapeutic Massage Chairs Production and Share by Manufacturers (2019 and 2019)
3.2 Global Therapeutic Massage Chairs Revenue and Share by Manufacturers (2019 and 2019)
3.3 Global Therapeutic Massage Chairs Average Price by Manufacturers (2019 and 2019)
3.4 Manufacturers Therapeutic Massage Chairs Manufacturing Base Distribution, Production Area and Product Type
3.5 Therapeutic Massage Chairs Market Competitive Situation and Trends
3.5.1 Therapeutic Massage Chairs Market Concentration Rate
3.5.2 Therapeutic Massage Chairs Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Therapeutic Massage Chairs Production, Revenue (Value) by Region (2014-2020)
4.1 Global Therapeutic Massage Chairs Production by Region (2014-2020)
4.2 Global Therapeutic Massage Chairs Production Market Share by Region (2014-2020)
4.3 Global Therapeutic Massage Chairs Revenue (Value) and Market Share by Region (2014-2020)
4.4 Global Therapeutic Massage Chairs Production, Revenue, Price and Gross Margin (2014-2020)
4.5 North America Therapeutic Massage Chairs Production, Revenue, Price and Gross Margin (2014-2020)
4.6 Europe Therapeutic Massage Chairs Production, Revenue, Price and Gross Margin (2014-2020)
4.7 China Therapeutic Massage Chairs Production, Revenue, Price and Gross Margin (2014-2020)
4.8 Japan Therapeutic Massage Chairs Production, Revenue, Price and Gross Margin (2014-2020)
4.9 Southeast Asia Therapeutic Massage Chairs Production, Revenue, Price and Gross Margin (2014-2020)
4.10 India Therapeutic Massage Chairs Production, Revenue, Price and Gross Margin (2014-2020)

Chapter 5 Global Therapeutic Massage Chairs Supply (Production), Consumption, Export, Import by Regions (2014-2020)
5.1 Global Therapeutic Massage Chairs Consumption by Regions (2014-2020)
5.2 North America Therapeutic Massage Chairs Production, Consumption, Export, Import by Regions (2014-2020)
5.3 Europe Therapeutic Massage Chairs Production, Consumption, Export, Import by Regions (2014-2020)
5.4 China Therapeutic Massage Chairs Production, Consumption, Export, Import by Regions (2014-2020)
5.5 Japan Therapeutic Massage Chairs Production, Consumption, Export, Import by Regions (2014-2020)
5.6 Southeast Asia Therapeutic Massage Chairs Production, Consumption, Export, Import by Regions (2014-2020)
5.7 India Therapeutic Massage Chairs Production, Consumption, Export, Import by Regions (2014-2020)

Chapter 6 Global Therapeutic Massage Chairs Production, Revenue (Value), Price Trend by Type
6.1 Global Therapeutic Massage Chairs Production and Market Share by Type (2014-2020)
6.2 Global Therapeutic Massage Chairs Revenue and Market Share by Type (2014-2020)
6.3 Global Therapeutic Massage Chairs Price by Type (2014-2020)
6.4 Global Therapeutic Massage Chairs Production Growth by Type (2014-2020)

Chapter 7 Global Therapeutic Massage Chairs Market Analysis by Application
7.1 Global Therapeutic Massage Chairs Consumption and Market Share by Application (2014-2020)
7.2 Global Therapeutic Massage Chairs Consumption Growth Rate by Application (2014-2020)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Therapeutic Massage Chairs Manufacturing Cost Analysis
8.1 Therapeutic Massage Chairs Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Therapeutic Massage Chairs

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Therapeutic Massage Chairs Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Therapeutic Massage Chairs Major Manufacturers in 2019
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Therapeutic Massage Chairs Market Forecast (2020-2028)
12.1 Global Therapeutic Massage Chairs Production, Revenue Forecast (2020-2028)
12.2 Global Therapeutic Massage Chairs Production, Consumption Forecast by Regions (2020-2028)
12.3 Global Therapeutic Massage Chairs Production Forecast by Type (2020-2028)
12.4 Global Therapeutic Massage Chairs Consumption Forecast by Application (2020-2028)
12.5 Therapeutic Massage Chairs Price Forecast (2020-2028)

Chapter 13 Appendix