Luxury Massage Chair Market – Opportunity Analysis and Forecast | Technavio

By , in PR PR Health on .

LONDON–(BUSINESS WIRE)–The global luxury massage chair market has been predicted to grow at a CAGR of over 6% during the forecast period, 2018-2022, according to Technavio’s latest market research report. A major factor that has been driving the market’s growth is the growing work-related stress and the need for stress-relieving solutions.

Several studies have found that the increasing prevalence of health conditions such as obesity, high blood pressure, depression, poor circulation, and anxiety can be attributed to work-related stress. Given the alarming rate of increase in such health conditions, people are becoming health-conscious and are actively looking for solutions and engaging in activities, which provide an effective relief from pain and stress. Consequently, there is a growing demand for health and fitness products such as luxury massage chairs because of the perceived health-promoting benefits associated with their use.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio highlights the growing popularity of Shiatsu massage model as one of the key trends in the global luxury massage chair market:

Growing popularity of Shiatsu massage model: a major trend

Shiatsu massage is a Japanese massage therapy that incorporates massage techniques using fingers, thumbs, and palms for stretching, mobilization, and joint manipulation. It involves applying pressure to the affected areas of the body, leading to physical and mental well-being, treatment of diseases, and alleviation of discomfort. At present, there is no scientific evidence to prove that Shiatsu can cure or prevent any disease. But, the benefits of such massaging techniques are popular across the world and are considered extremely useful in stress management and improvement of health and vitality.

“As Shiatsu massaging technique is difficult to master by individuals, several manufacturers are designing electric luxury massage chairs with the concept of shiatsu massage model. Shiatsu electric massage chair model features six functionalities including rolling, compression, percussion, kneading, tapping, and flapping,” says a senior analyst at Technavio for research on health and wellness.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

EMEA contributes 44% share to the luxury massage chair market

This market research report segments the global luxury massage chair market into the following end-users (residential and commercial) and key regions (the Americas, APAC, and EMEA).

In 2017, the residential users accounted for more than 59% of the global luxury massage chair market. However, the commercial users segment is expected to post the highest CAGR during the forecast period.

In 2017, the luxury massage chair market in EMEA witnessed an intensive growth as the region accounted for over 44% of the overall market share. But, the APAC region is expected to grow at a CAGR of over 9% over the next five years and emerge as the fastest growing regional market. This can be attributed to factors such as the increasing number of massage parlors and physiotherapy clinics.

 

Save big with Technavio this May!

Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all

non-alcoholic beverages reports for the entire month.

OR

Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.

 

About Technavio

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 10,000 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.

If you are interested in more information, please contact our media team at [email protected].

The following two tabs change content below.
Jasmine Petters

Jasmine Petters

Jasmine hails from the city of Nizams, Hyderabad, and is currently pursuing her M.D. from there only. She is an internet wizard and has keen passion in All Things tech. She is a regular Comment contributor for The Daily Telescope and writes a Web column, in which she covers war, sports, and everything in between.
%d bloggers like this: