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Luxury Massage Chair Market by Type (Residential, Commercial) by Distribution Channel (Online, Offline): Global Industry Size, Share, Statistics and Forecast 2015 - 2027

Massage chairs are used for body massage. They are primarily found in personal care businesses, but more and more people are buying massage chairs for personal use in their homes during the last few years. Therefore, the Luxury Massage Chair Market has the potential to grow even more over the next forecasted period.

Luxury massage chairs can be differentiated from your usual massage chairs by looking at their features and the quality of the materials used to manufacture said massage chairs. Luxury Massage chairs have zero gravity, heat therapy, mobile connectivity, calf rollers, chromotherapy, 3D or 4D massage technologies, and much more.

The global Luxury Massage Chair market was valued at around USD 30.18 million in 2020 and is likely to grow at a CAGR of over 2.20% during 2021 and 2027 to reach USD 60.26 million by the end of 2027. While global Luxury Massage Chair market will have an incremental potential of USD 400 million between 2021 and 2027.

luxury-massage-chair-market

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Interesting Facts about Luxury Massage Chair Industry

  • Luxury Massage Chair costs over USD 5,000
  • Luxury Massage Chair offers excellent health benefits, including muscle recovery, blood circulation, immunity response, and managing hypertension.
  • Luxury Massage Chair is highly effective in reducing stress levels.
  • Luxury Massage Chair can save a considerable amount people incur on going to a spa or massage parlor.
  • Luxury Massage Chair offers a high level of consistency during a massage.

Increasing Stress among Working Population

The Luxury Massage Chair Market has positively impacted the ‘post-Covid19’ period. The most notable factor driving the sales in this market is the growing work-related stress everyone is experiencing. Massages are great for relieving stress but going to a masseuse regularly can get very expensive. This is one reason why individuals enter the Luxury Massage Chair Market.

Rising Awareness Among People Regarding Regular Body Massage

More people are aware of the various benefits of massage therapies like reducing stress, relieving joint pain, improving blood circulation, and relaxing your muscles. Luxury massage chairs are also improving to perform various targeted massages and chromotherapy, which all factor into an expected increase in the market for the forecasted period.

Another key driving factor for the luxury massage chair market is that massage therapy is getting more popular among the general population. Treatments like acupuncture, physiotherapy, and aromatherapy benefit physical and mental health. In addition, the increase in the research and development of therapeutic vaccines also adds to the growth of this particular market.

Consumers are transferring from medicines over to massage therapies due to the various health benefits and the new and improved features being released in luxury massage chairs each year.

High Costs of Luxury Massage Chair

The main challenges the luxury massage chair market faces are the high costs associated with their products, the sizes and weights of these chairs, and the dimensions of people’s homes or rooms.

Luxury massage chairs vary in size and weight, which means a potential buyer might not fit in a particular chair comfortably and refrain from purchasing it. This issue has increased the need for personally customized massage chairs which manufacturers are trying to tackle.

The sizes of people’s homes and rooms are also key restraining factors in the luxury massage chair market, as not everyone has enough space in their homes to keep a massage chair. As a result, more and more people keep moving into urban city centers in small apartments that may not have enough space to comfortably hold a huge luxury massage chair in their homes.

Luxury massage chairs are always associated with very high costs. This is another restraint on this market as so many cheaper alternatives are available for people to purchase.

Strong Demand from Residential Users

Luxury Massage Chairs can be used in the residential and commercial sectors. Although commercial demand dominates at this point, the residential end-users are increasingly adopting Luxury Massage Chairs. As a result, luxury Massage Chair demand from residential users is likely to grow significantly over the forecast period. While, the offline channel is still maintaining its dominance, online channels are likely to infiltrate the market at an increasing speed.

Top Players Striving for Innovative Offering

Some of the key players operating in the global Luxury Massage Chair industry include OTA World LLC, JSB Health & Fitness Pvt. Ltd., Medical Breakthrough LLC, Panasonic Corp., Shanghai Rongtai Health Technology Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., AJX. Inc., Aojiahua Intelligent Health Technology Group Co. Ltd., and OSIM International Pte. Ltd. Major players are highly focused on offering innovative solutions that can provide excellent stress relief and rejuvenating experience to end-users.

Frequently asked questions

Likewise other industries, COVID 19 also taken a toll on Luxury Massage Chair market with around 28.49% decline in 2020 in its revenue as compare to 2019

Europe is the largest regional market with highest share in the total volume of Luxury Massage Chair consumed in 2020

Strong demand from commercial end-user industry

Offline segment dominated the Luxury Massage Chair market in 2020.

High cost and large number of spas and massage centres across the world

Luxury Massage Chair Market Report Scope

Report Attribute Details
Market Value in 2020 USD 30.18 Million
Market Value in 2027 USD 60.26 Million
CAGR 2.20% between 2021 and 2027
Benchmarking Year 2020
Past data 2016 – 2019
Forecast period 2021 – 2027
Report coverage Market Size Valuation, Share Analysis and Growth Rate by Segments such as End-user and Distribution Channel, Company Share, Competitive Landscape and Trends Analysis
Segments covered

End-user

Residential

Commercial

Distribution Channel

Online

Offline  

Regional scope North America (U.S., Canada and Mexico), Europe (Russia, Spain, Italy, Germany, France, UK, Poland, Belgium, Netherland, Sweden, Denmark, Austria, etc.), Asia Pacific (India, South Korea, China, Japan, Taiwan, Singapore, Vietnam, Thailand, Indonesia, Malaysia, Australia, etc.), Latin America (Peru, Chile, Colombia, Brazil, Argentina, etc.), Middle East (KSA, UAE, Israel, etc.) & Africa (Egypt, Nigeria, South Africa, East African Community, etc.)
Major Players Analysed OTA World LLC, JSB Health & Fitness Pvt. Ltd., Medical Breakthrough LLC, Panasonic Corp., Shanghai Rongtai Health Technology Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., AJX. Inc., Aojiahua Intelligent Health Technology Group Co. Ltd. and OSIM International Pte. Ltd.
Portfolio Analysis All major products and brands are mapped with benchmarking
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Trusted By
Godaddy
Published Date:  Dec 2021
Category:  Consumer Goods
Report ID:   60459
Report Format:   PDF
Pages:   128
Rating:    4.6 (38)
Delivery Time: 24 Hours to 48 Hours   
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