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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

Name: Luxury Massage Chair Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2021-12-07
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Luxury Massage Chair Market

Summary
Table Of Content
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Market Insights

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.

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.

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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.

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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.

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Luxury Massage Chair Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Luxury Massage Chair Market Value, 2015-2027, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2020

3.3.1. End-user

3.3.2. Distribution Channel

3.3.3. Geography

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute End-users

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2020

4.1. Company market share of key players, 2020

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Luxury Massage Chair Market Pre Vs Post COVID 19, 2019 – 2027

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Luxury Massage Chair Market, by Country, 2015-2027(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Luxury Massage Chair Market, by End-user, 2015-2027(US$ Bn)

6.2.1. Overview

6.2.2. Residential

6.2.3. Commercial

6.3. North America Luxury Massage Chair Market, by Distribution Channel, 2015-2027(US$ Bn)

6.3.1. Overview

6.3.2. Online

6.3.3. Offline

7. Europe

7.1. Europe Luxury Massage Chair Market, by Country, 2015-2027(US$ Bn)

7.1.1. UK

7.1.2. France

7.1.3. Germany

7.1.4. Italy

7.1.5. Russia

7.1.6. Spain

7.1.7. Belgium

7.1.8. Netherland

7.1.9. Austria

7.1.10. Sweden

7.1.11. Poland

7.1.12. Denmark

7.1.13. Switzerland

7.1.14. Rest of Europe

7.2. Europe Luxury Massage Chair Market, by End-user, 2015-2027(US$ Bn)

7.2.1. Overview

7.2.2. Residential

7.2.3. Commercial

7.3. Europe Luxury Massage Chair Market, by Distribution Channel, 2015-2027(US$ Bn)

7.3.1. Overview

7.3.2. Online

7.3.3. Offline

8. Asia Pacific

8.1. Asia Pacific Luxury Massage Chair Market, by Country, 2015-2027(US$ Bn)

8.1.1. China

8.1.2. Japan

8.1.3. South Korea

8.1.4. India

8.1.5. Australia

8.1.6. New Zealand

8.1.7. Taiwan

8.1.8. Southeast Asia

8.1.9. Central Asia

8.1.10. Rest of Asia Pacific

8.2. Asia Pacific Luxury Massage Chair Market, by End-user, 2015-2027(US$ Bn)

8.2.1. Overview

8.2.2. Residential

8.2.3. Commercial

8.3. Asia Pacific Luxury Massage Chair Market, by Distribution Channel, 2015-2027(US$ Bn)

8.3.1. Overview

8.3.2. Online

8.3.3. Offline

9. Latin America

9.1. Latin America Luxury Massage Chair Market, by Country, 2015-2027(US$ Bn)

9.1.1. Brazil

9.1.2. Argentina

9.1.3. Peru

9.1.4. Chile

9.1.5. Colombia

9.1.6. Rest of Latin America

9.2. Latin America Luxury Massage Chair Market, by End-user, 2015-2027(US$ Bn)

9.2.1. Overview

9.2.2. Residential

9.2.3. Commercial

9.3. Latin America Luxury Massage Chair Market, by Distribution Channel, 2015-2027(US$ Bn)

9.3.1. Overview

9.3.2. Online

9.3.3. Offline

10. Middle East

10.1. Middle East Luxury Massage Chair Market, by Country, 2015-2027(US$ Bn)

10.1.1. UAE

10.1.2. KSA

10.1.3. Israel

10.1.4. Turkey

10.1.5. Iran

10.1.6. Rest of Middle East

10.2. Middle East Luxury Massage Chair Market, by End-user, 2015-2027(US$ Bn)

10.2.1. Overview

10.2.2. Residential

10.2.3. Commercial

10.3. Middle East Luxury Massage Chair Market, by Distribution Channel, 2015-2027(US$ Bn)

10.3.1. Overview

10.3.2. Online

10.3.3. Offline

11. Africa

11.1. Africa Luxury Massage Chair Market, by Country, 2015-2027(US$ Bn)

11.1.1. South Africa

11.1.2. Egypt

11.1.3. Nigeria

11.1.4. Rest of Africa

11.2. Africa Luxury Massage Chair Market, by End-user, 2015-2027(US$ Bn)

11.2.1. Overview

11.2.2. Residential

11.2.3. Commercial

11.3. Africa Luxury Massage Chair Market, by Distribution Channel, 2015-2027(US$ Bn)

11.3.1. Overview

11.3.2. Online

11.3.3. Offline

12. Global

12.1. Global Luxury Massage Chair Market, by End-user, 2015-2027(US$ Bn)

12.1.1. Overview

12.1.2. Residential

12.1.3. Commercial

12.2. Global Luxury Massage Chair Market, by Distribution Channel, 2015-2027(US$ Bn)

12.2.1. Overview

12.2.2. Online

12.2.3. Offline

13. Company Profiles

13.1. OTA World LLC

13.2. JSB Health & Fitness Pvt. Ltd.

13.3. Medical Breakthrough LLC

13.4. Panasonic Corp.

13.5. Shanghai Rongtai Health Technology Co. Ltd.

13.6. Family Inada Co. Ltd.

13.7. Johnson Health Tech Inc.

13.8. AJX. Inc.

13.9. Aojiahua Intelligent Health Technology Group Co. Ltd.

13.10. OSIM International Pte. Ltd.

13.11. Others

List of Figures

FIG. 1 Global Luxury Massage Chair Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Luxury Massage Chair Market Segmentation

FIG. 4 Global Luxury Massage Chair Market, by End-user, 2019 (US$ Bn)

FIG. 5 Global Luxury Massage Chair Market, by Distribution Channel, 2019 (US$ Bn)

FIG. 6 Global Luxury Massage Chair Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Luxury Massage Chair Market Manufacturers, 2019

FIG. 9 Global Luxury Massage Chair Market Value Contribution, By End-user, 2020 & 2027 (Value %)

FIG. 10 Global Luxury Massage Chair Market, by Residential, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Luxury Massage Chair Market, by Commercial, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Luxury Massage Chair Market Value Contribution, By Distribution Channel, 2020 & 2027 (Value %)

FIG. 13 Global Luxury Massage Chair Market, by Online, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Luxury Massage Chair Market, by Offline, Value, 2015-2027 (US$ Bn)

FIG. 15 U.S. Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 16 Rest of North America Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 17 U.K. Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 18 Germany Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 19 France Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 20 Italy Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 21 Spain Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 22 Russia Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 23 BENELUX Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 24 Poland Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 25 Austria Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 26 Rest of Europe Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 27 Japan Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 28 China Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 29 India Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 30 South Korea Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 31 Australia Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 32 Southeast Asia Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 33 Rest of Asia Pacific Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 34 Middle East & Africa Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 35 South Africa Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 36 Nigeria Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 37 Egypt Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 38 GCC Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 39 Israel Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 40 Latin America Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 41 Mechanicalzil Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 42 Argentina Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 43 Colombia Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 44 Peru Luxury Massage Chair Market, 2015-2027 (US$ Bn)

FIG. 45 Chile Luxury Massage Chair Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (Luxury Massage Chair) Market

TABLE 2 Global Luxury Massage Chair Market, by End-user, 2015-2027 (US$ Bn)

TABLE 3 Global Luxury Massage Chair Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 4 Global Luxury Massage Chair Market, by Geography, 2015-2027 (US$ Bn)

TABLE 5 North America Luxury Massage Chair Market, by End-user, 2015-2027 (US$ Bn)

TABLE 6 North America Luxury Massage Chair Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 7 North America Luxury Massage Chair Market, by Country, 2015-2027 (US$ Bn)

TABLE 8 Europe Luxury Massage Chair Market, by End-user, 2015-2027 (US$ Bn)

TABLE 9 Europe Luxury Massage Chair Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 10 Europe Luxury Massage Chair Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 11 Asia Pacific Luxury Massage Chair Market, by End-user, 2015-2027 (US$ Bn)

TABLE 12 Asia Pacific Luxury Massage Chair Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 13 Asia Pacific Luxury Massage Chair Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 14 Latin America Luxury Massage Chair Market, by End-user, 2015-2027 (US$ Bn)

TABLE 15 Latin America Luxury Massage Chair Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 16 Latin America Luxury Massage Chair Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 17 Middle East Luxury Massage Chair Market, by End-user, 2015-2027 (US$ Bn)

TABLE 18 Middle East Luxury Massage Chair Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 19 Middle East Luxury Massage Chair Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 20 Africa Luxury Massage Chair Market, by End-user, 2015-2027 (US$ Bn)

TABLE 21 Africa Luxury Massage Chair Market, by Distribution Channel, 2015-2027 (US$ Bn)

TABLE 22 Africa Luxury Massage Chair Market, by Country/Region, 2015-2027 (US$ Bn)

TABLE 23 OTA World LLC: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 24 JSB Health & Fitness Pvt. Ltd.: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 25 Medical Breakthrough LLC.: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 26 Panasonic Corp.: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 27 Shanghai Rongtai Health Technology Co. Ltd.: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 28 Johnson Health Tech Inc.: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 29 AJX. Inc.: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 30 Aojiahua Intelligent Health Technology Group Co. Ltd.: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

TABLE 31 OSIM International Pte. Ltd..: Company Snapshot (Company Overview; End-user Portfolio; Financial Information; Key Developments

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Frequently asked questions:

How COVID 19 Impacted Luxury Massage Chair Market?

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

Which is the leading regional market for Luxury Massage Chair?

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

What is the major growth driving factors for global Luxury Massage Chair market?

Strong demand from commercial end-user industry

Which is major segment in Luxury Massage Chair market by distribution channel?

Offline segment dominated the Luxury Massage Chair market in 2020.

What is the major growth restraining factors for global Luxury Massage Chair market?

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

About Author

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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