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Global Massage Equipment Market 2019-2023

Global Massage Equipment Market 2019-2023

Global Massage Equipment Market: About this market

Massagers can be electric or non-electric and are used in both the residential and commercial segments. Technavio’s massage equipment market analysis considers sales from massage chairs and sofas, back massagers, handheld massagers, neck and shoulder massagers, and others. Our analysis also considers the sales of massage equipment in APAC, Europe, North America, South America, and MEA. In 2018, the massage chairs and sofas segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological innovations and increasing spending on health and wellness products will play a significant role in the massage chairs and sofas segment to maintain its market position. Also, our global massage equipment market report also looks at factors such as the proliferation of technologically advanced massage equipment, growing wellness tourism industry, evolving middle-class population, and increasing disposable income. However, shift to traditional massage therapies, disadvantages of electric massage equipment, fluctuation in raw material prices may hamper the growth of the massage equipment industry over the forecast period.

Global Massage Equipment Market: Overview

Proliferation of technologically advanced massage equipment

The intense competition in the global massage equipment market, coupled with the rapid expansion of technology, has revitalized the taste and preferences of buyers in such a way that many consumers prefer to purchase more technically updated equipment. Most of the product innovations in the global massage equipment market are related to technology, performance, features, and design. In additionAlso, customers seek equipment that can perform multiple tasks with minimal resources. One of the major vendors operating in the global massage equipment market, offers massage chair which is embedded with features, such as auto body scanning, heating, dual air pumps, stereo speakers, bluetooth Bluetooth connectivity, and a touch switch. This demand for technologically advanced massage equipment will lead to the expansion of the global massage equipment market at a CAGR of almost 7% during the forecast period.

Introduction of portable massage equipment

Portable massage equipment or handheld massage equipment has gained traction among different group of consumers. Handheld massage equipment offers an effective way of providing comfort to users by transmitting the right amount of pressure and vibrations to the muscles. Moreover, these types of massage equipment provide instant relief for pain in different parts of the body, such as neck pain, shoulder pain, and foot pain. The technological upgradation of handheld massage equipment coupled with greater awareness among people have played a vital role in further increasing the revenue from the portable massage equipment segment. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global massage equipment market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global massage equipment market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading massage equipment manufacturers, that include JSB Healthcare, Kelvin Electric Trading Co. Ltd., OSIM International Pte. Ltd., Panasonic Corp., Prospera Corp., and Xiamen Comfort Science & Technology Group Co. Ltd.

Also, the massage equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY END-USER
Market segmentation by end-user
Comparison by end-user
Commercial - Market size and forecast 2018-2023
Residential - Market size and forecast 2018-2023
Market opportunity by end-user
PART 07: MARKET SEGMENTATION BY TYPE
Market segmentation by type
Comparison by type
Electric massage equipment - Market size and forecast 2018-2023
Non-electric massage equipment - Market size and forecast 2018-2023
Market opportunity by type
PART 08: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Massage chairs and sofas - Market size and forecast 2018-2023
Back massagers - Market size and forecast 2018-2023
Handheld massagers - Market size and forecast 2018-2023
Neck and shoulder massagers - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Introduction of portable massage equipment
Expansion of e-commerce market
Use of massage equipment to alleviate pain and stress
PART 14: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 15: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
JSB Healthcare
Kelvin Electric Trading Co. Ltd.
OSIM International Pte. Ltd.
Panasonic Corp.
Prospera Corp.
Xiamen Comfort Science & Technology Group Co. Ltd.
PART 16: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 17: EXPLORE TECHNAVIO
Exhibit 01:Key offerings
Exhibit 02:Global household durables market
Exhibit 03:Segments of global household durables market
Exhibit 04:Market characteristics
Exhibit 05:Market segments
Exhibit 06:Market definition - Inclusions and exclusions checklist
Exhibit 07:Market size 2018
Exhibit 08:Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09:Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10:Five forces analysis 2018
Exhibit 11:Five forces analysis 2023
Exhibit 12:Bargaining power of buyers
Exhibit 13:Bargaining power of suppliers
Exhibit 14:Threat of new entrants
Exhibit 15:Threat of substitutes
Exhibit 16:Threat of rivalry
Exhibit 17:Market condition - Five forces 2018
Exhibit 18:End-user - Market share 2018-2023 (%)
Exhibit 19:Comparison by end-user
Exhibit 20:Commercial - Market size and forecast 2018-2023 ($ millions)
Exhibit 21:Commercial - Year-over-year growth 2019-2023 (%)
Exhibit 22:Residential - Market size and forecast 2018-2023 ($ millions)
Exhibit 23:Residential - Year-over-year growth 2019-2023 (%)
Exhibit 24:Market opportunity by end-user
Exhibit 25:Type - Market share 2018-2023 (%)
Exhibit 26:Comparison by type
Exhibit 27:Electric massage equipment - Market size and forecast 2018-2023 ($ millions)
Exhibit 28:Electric massage equipment - Year-over-year growth 2019-2023 (%)
Exhibit 29:Non-electric massage equipment - Market size and forecast 2018-2023 ($ millions)
Exhibit 30:Non-electric massage equipment - Year-over-year growth 2019-2023 (%)
Exhibit 31:Market opportunity by type
Exhibit 32:Product - Market share 2018-2023 (%)
Exhibit 33:Comparison by product
Exhibit 34:Massage chairs and sofas - Market size and forecast 2018-2023 ($ millions)
Exhibit 35:Key offering by the vendors
Exhibit 36:Massage chairs and sofas - Year-over-year growth 2019-2023 (%)
Exhibit 37:Back massagers - Market size and forecast 2018-2023 ($ millions)
Exhibit 38:Key offering by the vendors
Exhibit 39:Back massagers - Year-over-year growth 2019-2023 (%)
Exhibit 40:Handheld massagers - Market size and forecast 2018-2023 ($ millions)
Exhibit 41:Handheld massagers - Year-over-year growth 2019-2023 (%)
Exhibit 42:Neck and shoulder massagers - Market size and forecast 2018-2023 ($ millions)
Exhibit 43:Neck and shoulder massagers - Year-over-year growth 2019-2023 (%)
Exhibit 44:Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 45:Key offering by vendors in the eye care massagers sub-segment
Exhibit 46:Key offerings by vendors in leg and foot massagers sub-segment
Exhibit 47:Others - Year-over-year growth 2019-2023 (%)
Exhibit 48:Market opportunity by product
Exhibit 49:Customer landscape
Exhibit 50:Market share by geography 2018-2023 (%)
Exhibit 51:Geographic comparison
Exhibit 52:North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 53:North America - Year-over-year growth 2019-2023 (%)
Exhibit 54:Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 55:Europe - Year-over-year growth 2019-2023 (%)
Exhibit 56:APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 57:APAC - Year-over-year growth 2019-2023 (%)
Exhibit 58:South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 59:South America - Year-over-year growth 2019-2023 (%)
Exhibit 60:MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 61:MEA - Year-over-year growth 2019-2023 (%)
Exhibit 62:Key leading countries
Exhibit 63:Market opportunity
Exhibit 64:Household disposable income and household and NPISHs final consumption expenditure 2012-2017
($ per capita)
Exhibit 65:Raw materials - Use and price in Europe 2018
Exhibit 66:Steel and rubber prices in Europe 2013-2018 ($/unit)
Exhibit 67:Impact of drivers and challenges
Exhibit 68:Vendor landscape
Exhibit 69:Landscape disruption
Exhibit 70:Vendors covered
Exhibit 71:Vendor classification
Exhibit 72:Market positioning of vendors
Exhibit 73:JSB Healthcare - Vendor overview
Exhibit 74:JSB Healthcare - Product segments
Exhibit 75:JSB Healthcare - Key offerings
Exhibit 76:Kelvin Electric Trading Co. Ltd. - Vendor overview
Exhibit 77:Kelvin Electric Trading Co. Ltd. - Product segments
Exhibit 78:Kelvin Electric Trading Co. Ltd. - Key offerings
Exhibit 79:OSIM International Pte. Ltd. - Vendor overview
Exhibit 80:OSIM International Pte. Ltd. - Product segments
Exhibit 81:OSIM International Pte. Ltd. - Key offerings
Exhibit 82:Panasonic Corp. - Vendor overview
Exhibit 83:Panasonic Corp. - Business segments
Exhibit 84:Panasonic Corp. - Organizational developments
Exhibit 85:Panasonic Corp. - Geographic focus
Exhibit 86:Panasonic Corp. - Segment focus
Exhibit 87:Panasonic Corp. - Key offerings
Exhibit 88:Prospera Corp. - Vendor overview
Exhibit 89:Prospera Corp. - Product segments
Exhibit 90:Prospera Corp. - Key offerings
Exhibit 91:Xiamen Comfort Science & Technology Group Co. Ltd. - Vendor overview
Exhibit 92:Xiamen Comfort Science & Technology Group Co. Ltd. - Business segments
Exhibit 93:Xiamen Comfort Science & Technology Group Co. Ltd. - Organizational developments
Exhibit 94:Xiamen Comfort Science & Technology Group Co. Ltd. - Key offerings
Exhibit 95:Validation techniques employed for market sizing
Exhibit 96:Definition of market positioning of vendors

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