"Being a reliable source of market research information, Massage Equipment Market reports expand the reach of business success. This market analysis provides knowledge about various segments that are relied upon to observe the fastest business development within the framework of forecast estimates. By thinking from the end user's point of view, a team of researchers, forecasters, analysts and industry experts worked meticulously to formulate this market research report. The use of proven tools such as SWOT analysis and Porter's Five Forces analysis is very useful in creating a superior Massage Equipment Market report.
The worldwide Massage Equipment Market business report examines the market by region, especially North America, China, Europe, Southeast Asia, Japan, and India, focusing on the leading manufacturers in the global market, with respect to production, price, revenue and market share for every manufacturer. This is useful for knowing the general conditions prevailing in the market, the market and competitors' pricing strategies. Some of the prominent features used while creating this market research report include the highest level of passion, practical solutions, committed research and analysis, modernism, integrated approach, and latest technology. To get detailed Massage Equipment Market reports, request an analyst call or submit an inquiry any time.
The massage equipment market is expected to witness market growth at a rate of 10.5% in the forecast period of 2021 to 2028 and is expected to reach USD 16,670.92 million by 2028.
Explore Further Details about This Research Massage Equipment Market Report https://www.databridgemarketresearch.com/reports/global-massage-equipment-market
Massage can be referred to as a therapeutic practice of influencing the limbs and muscles to relieve the pressure and reduce pain. Massage can be practiced on its own or a part of physical therapy. It can be useful for lowering the symptoms of disorders of or pain in the nervous system and muscles, and it is often utilized to lessen the stress.
Major factors that are expected to boost the growth massage equipment market in the forecast period are the rise in the stress-related ailments. Furthermore, the increase in the middle-class population in the advancing countries is further anticipated to propel the growth of the massage equipment market Moreover, the rise in the elderly population is further estimated to cushion the growth of the massage equipment market. On the other hand, the rise in the trend of alternate healing therapies and self-massage techniques is further projected to impede the growth of the massage equipment market in the timeline period.
- In addition, the accessibility of counterfeit products and the growing wellbeing tourism industry will further provide potential opportunities for the growth of the massage equipment market in the coming years. However, the outbreak of novel corona virus which has deeply influenced the financial position of the retail industry might further challenge the growth of the massage equipment market in the near future.
This massage equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on massage equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Massage Equipment Market Scope and Market Size
The massage equipment market is segmented on the basis of application, price range and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of application, the massage equipment market is segmented into back massagers, neck and shoulder massagers, leg massagers, hand massagers and others.
- On the basis of price range, the massage equipment market is segmented into premium, mid-range and economic.
- On the basis of distribution channel, the massage equipment market is segmented into direct sales, wholesalers and retailers, hypermarkets/supermarkets, online retailers, specialty stores, multi-brand stores and others.
Massage Equipment Market Country Level Analysis
The massage equipment market is analysed and market size, volume information is provided by country, application, price range and distribution channel as referenced above.
The countries covered in the massage equipment market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the massage equipment market due to the rise in the need hi tech massage equipment. Furthermore, the increase in the need for massage equipment from the commercial sectors like spas and salons will further boost the growth of the massage equipment market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the massage equipment market due to the rising demand of massage equipment. Moreover, broad efforts to enhance the brand awareness and occurrence of market players is further anticipated to propel the growth of the massage equipment market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Massage Equipment Market Share Analysis
The massage equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to massage equipment market.
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Massage Equipment Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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