Press Release

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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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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Mr. Ken Mathews

Techsci Research LLC

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New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com

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