Luxury Massage Chair Market to Grow with a CAGR of 4.1% Globally through 2028
Rising awareness of health and wellness and
technological advancement are driving the Global Luxury Massage Chair Market in
the forecast period 2024-2028.
According to TechSci Research report, “Global Luxury
Massage Chair Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Luxury Massage Chair Market stood at
USD 110.85 Million in 2022 and is anticipated to grow with a CAGR of 4.1% in
the forecast period, 2024-2028. The Global Luxury Massage Chair Market has
witnessed substantial growth and transformation in recent years. This market
segment caters to discerning consumers seeking premium relaxation and wellness
solutions.
The global luxury massage chair market has experienced
robust growth, driven by increasing consumer interest in health and wellness,
advancements in technology, and rising disposable incomes. As more people
recognize the therapeutic benefits of massage and the convenience of having it
available at home, the luxury massage chair market has expanded significantly.
This growth has led to a diverse range of products from various manufacturers,
offering a wide array of features and designs to cater to different consumer
preferences.
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Massage Chair Market”
Technology plays a pivotal role in shaping the luxury massage
chair market. These chairs are no longer just basic recliners with massage
functions; they are now equipped with cutting-edge technology. Artificial
intelligence (AI) and smart features enable chairs to provide personalized
massages based on body shape, posture, and user preferences. Zero-gravity
technology, which simulates weightlessness, enhances the massage experience.
Smartphone apps allow users to control and customize their massages
conveniently. These technological advancements have elevated the market, making
luxury massage chairs both functional and high-tech.
The luxury massage chair market is not uniform across
regions. Asia-Pacific has emerged as a major player, driven by the growing
middle class and the adoption of Western lifestyles in countries like China and
Japan. North America and Europe continue to be important markets, with an aging
population that seeks wellness solutions. In North America, for example, luxury
massage chairs have found applications in office spaces as companies prioritize
employee well-being. The market dynamics vary from region to region, influenced
by factors like culture, demographics, and economic conditions.
As consumers increasingly prioritize health and
wellness, they are becoming more discerning about their massage chair choices.
They seek chairs with features like diverse massage styles (Swedish, Shiatsu,
etc.), adjustable intensity, and customizable programs. Furthermore, there is a
growing preference for eco-friendly and sustainable materials in the
construction of these chairs. Consumers also value aesthetics and comfort,
making design and upholstery materials important factors in their purchase decisions.
The luxury massage chair market is highly competitive,
with both established and emerging players vying for market share. Established
brands often invest in research and development to innovate and maintain their
competitive edge. Smaller manufacturers may focus on niche markets or specific
features to differentiate themselves. The competition is not only in terms of
features but also pricing, with some manufacturers offering premium products at
a lower cost to gain market traction. As a result, consumers have a wide range
of options to choose from, driving further innovation and product development.
In conclusion, the Global Luxury Massage Chair Market
is experiencing significant growth driven by factors such as technological
advancements, increasing consumer awareness of health and wellness, regional
variations in market dynamics, evolving consumer preferences, and a highly
competitive landscape. As the market continues to evolve, consumers can expect
even more sophisticated and personalized luxury massage chair options to
enhance their relaxation and well-being.
The Global Luxury Massage Chair Market is segmented
into nature, application, distribution channel, regional distribution, and
company.
Based on nature the market is segmented into traditional
massage chair and robotic massage chair. The Global Luxury Massage Chair Market
is witnessing a notable surge in the demand for robotic massage chairs. This
rising preference can be attributed to the advanced technology integrated into
these chairs. Robotic massage chairs offer personalized massages, using sensors
and AI to adapt to users' body shapes and preferences. The convenience and
customization provided by these chairs have made them increasingly popular,
appealing to consumers seeking a high-tech, tailored, and effortless wellness
experience in the comfort of their homes.
Based on application the market is segmented into residential
and commercial.
Based on distribution channel the market is segmented
into offline and online.
Based on region the market is segmented into five
regions, North America, Europe, Asia Pacific, Middle East & Africa, and
South America.
Major companies operating in Global Luxury
Massage Chair Market are:
- Cozzia USA
- Daito Denki Industry Co., Ltd.
- Family Inada Co., Ltd.
- Fujiiryoki
- Human Touch LLC
- Infinity
- Kahuna Massage Chair
- Luraco
- Ogawa World USA
- OSIM International Pte. Ltd.
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“Technological advancement is a significant trend that
is expected to have an impact on growth over the forecasted period. Rising awareness
of health and wellness, increasing demand from commercials sector, and integration
of artificial intelligence and smart Technology will positively impact the
Global Luxury Massage Chair Market. Due to the wide range of products available
to meet specific needs of, as well as the growing popularity of the online distribution
channel, the market is growing at impressive rate through projected period,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Luxury
Massage Chair Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Nature (Traditional Massage Chair, Robotic Massage
Chair), By Application (Residential, Commercial), By Distribution Channel
(Offline, Online), By Region, By Competition, 2018-2028”, has
evaluated the future growth potential of Global Luxury Massage Chair Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Luxury Massage Chair Market.
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