Read Our Report Sample for additional highlights on the market size, YOY growth rates, and other important statistics about the market.
Vendor Landscape
The global luxury massage chair market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The market is characterized by the presence of multiple established players and a wide array of products that make it intensely competitive. The vendors are competing based on factors such as price, quality, brand, and variety and are adopting different strategies to increase their market share.
Growing work-related stress and the need for stress-relieving solutions have been instrumental in driving the growth of the market. However, the impact of the COVID-19 pandemic might hamper the market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. AJX. Inc, Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd. are among some of the major market participants.
Get more insights into the vendor landscape and the factors impacting their growth. Read Our Report Sample
Global Luxury Massage Chair Market 2021-2025: Segmentation
The global luxury massage chair market is segmented as below:
The demand for luxury massage chairs from the residential end-users will be significant during the forecast period. The growth of the segment is driven by the privacy offered by luxury massage chairs during therapies at home. Also, a large number of individuals do not feel comfortable in the massage sessions at massage parlors due to safety concerns. These factors are increasing the adoption of luxury massage chairs among residential end-users.
The offline distribution channel segment will account for the maximum sales during the forecast period. The growth of the segment can be attributed to business expansion and the rising number of organized retail stores such as hypermarkets, supermarkets, and department stores.
- Geography
- APAC
- North America
- Europe
- MEA
- South America
Europe will emerge as the key market for vendors operating in the market. About 37% of the market growth is expected to originate from the region. Factors such as new product launches and increasing consumer spending on convenience products such as luxury massage chairs are driving the growth of the regional market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The global luxury massage chair market report covers the following areas:
Global Luxury Massage Chair Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist global luxury massage chair market growth during the next five years
- Estimation of the global luxury massage chair market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the global luxury massage chair market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of global luxury massage chair market vendors
Related Reports
Global Luxury Massage Chair Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.25% |
Market growth 2021-2025 |
USD 242.01 million |
Market structure |
Fragmented |
YoY growth (%) |
2.35 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
Europe at 37% |
Key consumer countries |
US, Germany, UK, China, Italy, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AJX. Inc, Aojiahua Intelligent Health Technology Group Co. Ltd., Family Inada Co. Ltd., Johnson Health Tech Inc., JSB Health & Fitness Pvt. Ltd., Medical Breakthrough, OSIM International Pte. Ltd., OTA World LLC, Panasonic Corp., and Shanghai Rongtai Health Technology Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Leisure products
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 15: End-user - Market share 2020-2025 (%)
- 5.2 Comparison by End-user
- Exhibit 16: Comparison by End-user
- 5.3 Residential - Market size and forecast 2020-2025
- Exhibit 17: Residential - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Residential - Year-over-year growth 2020-2025 (%)
- 5.4 Commercial - Market size and forecast 2020-2025
- Exhibit 19: Commercial - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Commercial - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by End-user
- Exhibit 21: Market opportunity by End-user
6 Market Segmentation by Distribution channel
- 6.1 Market segments
- Exhibit 22: Distribution channel - Market share 2020-2025 (%)
- 6.2 Comparison by Distribution channel
- Exhibit 23: Comparison by Distribution channel
- 6.3 Offline - Market size and forecast 2020-2025
- Exhibit 24: Offline - Market size and forecast 2020-2025 ($ million)
- Exhibit 25: Offline - Year-over-year growth 2020-2025 (%)
- 6.4 Online - Market size and forecast 2020-2025
- Exhibit 26: Online - Market size and forecast 2020-2025 ($ million)
- Exhibit 27: Online - Year-over-year growth 2020-2025 (%)
- 6.5 Market opportunity by Distribution channel
- Exhibit 28: Market opportunity by Distribution channel
7 Customer landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 30: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
- Exhibit 31: Geographic comparison
- 8.3 Europe - Market size and forecast 2020-2025
- Exhibit 32: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 33: Europe - Year-over-year growth 2020-2025 (%)
- 8.4 North America - Market size and forecast 2020-2025
- Exhibit 34: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 35: North America - Year-over-year growth 2020-2025 (%)
- 8.5 APAC - Market size and forecast 2020-2025
- Exhibit 36: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 37: APAC - Year-over-year growth 2020-2025 (%)
- 8.6 South America - Market size and forecast 2020-2025
- Exhibit 38: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 39: South America - Year-over-year growth 2020-2025 (%)
- 8.7 MEA - Market size and forecast 2020-2025
- Exhibit 40: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 41: MEA - Year-over-year growth 2020-2025 (%)
- 8.8 Key leading countries
- Exhibit 42: Key leading countries
- 8.9 Market opportunity by geography
- Exhibit 43: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.2 Market challenges
- Exhibit 44: Impact of drivers and challenges
10 Vendor Landscape
- 10.1 Overview
- Exhibit 45: Vendor landscape
- 10.2 Landscape disruption
- Exhibit 46: Landscape disruption
- Exhibit 47: Industry risks
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 48: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 49: Market positioning of vendors
- 11.3 AJX. Inc
- Exhibit 50: AJX. Inc - Overview
- Exhibit 51: AJX. Inc - Product and service
- Exhibit 52: AJX. Inc - Key offerings
- 11.4 Aojiahua Intelligent Health Technology Group Co. Ltd.
- Exhibit 53: Aojiahua Intelligent Health Technology Group Co. Ltd. - Overview
- Exhibit 54: Aojiahua Intelligent Health Technology Group Co. Ltd. - Product and service
- Exhibit 55: Aojiahua Intelligent Health Technology Group Co. Ltd. - Key offerings
- 11.5 Family Inada Co. Ltd.
- Exhibit 56: Family Inada Co. Ltd. - Overview
- Exhibit 57: Family Inada Co. Ltd. - Product and service
- Exhibit 58: Family Inada Co. Ltd. - Key offerings
- 11.6 Johnson Health Tech Inc.
- Exhibit 59: Johnson Health Tech Inc. - Overview
- Exhibit 60: Johnson Health Tech Inc. - Product and service
- Exhibit 61: Johnson Health Tech Inc. - Key offerings
- 11.7 JSB Health & Fitness Pvt. Ltd.
- Exhibit 62: JSB Health & Fitness Pvt. Ltd. - Overview
- Exhibit 63: JSB Health & Fitness Pvt. Ltd. - Product and service
- Exhibit 64: JSB Health & Fitness Pvt. Ltd. - Key offerings
- 11.8 Medical Breakthrough
- Exhibit 65: Medical Breakthrough - Overview
- Exhibit 66: Medical Breakthrough - Product and service
- Exhibit 67: Medical Breakthrough - Key offerings
- 11.9 OSIM International Pte. Ltd.
- Exhibit 68: OSIM International Pte. Ltd. - Overview
- Exhibit 69: OSIM International Pte. Ltd. - Product and service
- Exhibit 70: OSIM International Pte. Ltd. - Key offerings
- 11.10 OTA World LLC
- Exhibit 71: OTA World LLC - Overview
- Exhibit 72: OTA World LLC - Product and service
- Exhibit 73: OTA World LLC - Key offerings
- 11.11 Panasonic Corp.
- Exhibit 74: Panasonic Corp. - Overview
- Exhibit 75: Panasonic Corp. - Business segments
- Exhibit 76: Panasonic Corp. - Key News
- Exhibit 77: Panasonic Corp. - Key offerings
- Exhibit 78: Panasonic Corp. - Segment focus
- 11.12 Shanghai Rongtai Health Technology Co. Ltd.
- Exhibit 79: Shanghai Rongtai Health Technology Co. Ltd. - Overview
- Exhibit 80: Shanghai Rongtai Health Technology Co. Ltd. - Product and service
- Exhibit 81: Shanghai Rongtai Health Technology Co. Ltd. - Key offerings
12 Appendix
- 12.2 Currency conversion rates for US$
- Exhibit 82: Currency conversion rates for US$
- 12.3 Research methodology
- Exhibit 83: Research Methodology
- Exhibit 84: Validation techniques employed for market sizing
- Exhibit 85: Information sources
- 12.4 List of abbreviations
- Exhibit 86: List of abbreviations
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