Electric Massagers Market Set for Consistent Growth from USD 8.56 Billion in 2023
Discovering Emerging Developments in the Electric Massagers Market
An extensive analysis on the Electric Massagers Market has been released by the well-known business consultancy organization Maximize Market Research. Important business insights are provided by the study, including pricing analysis, demand trends, and a thorough examination of the competitive environment. It provides projections for the Electric Massagers market through 2032 and a detailed analysis of the state of the market.
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Unlocking New Perspectives in the Electric Massagers Market with Thorough Research
The Electric Massagers Market report delivers an in-depth analysis of the key drivers propelling industry growth, along with the challenges it may face. By highlighting leading companies, their product portfolios, and emerging investment prospects, the study provides stakeholders with a clear understanding of the competitive landscape. Combining both qualitative and quantitative insights, it offers an accurate evaluation of the market’s current scenario and future potential.
MMR’s research also includes a detailed competitive analysis, reviewing major market players, their strategic initiatives, and the critical trends shaping the sector. The study draws on a wide range of primary and secondary sources, including government publications, company websites, annual reports, and expert opinions from industry professionals and academics.
Furthermore, the report sheds light on evolving industry trends and requirements, explaining their impact on the growth of the Electric Massagers market. By addressing factors such as consumer behavior, regulatory shifts, and technological advancements, it equips businesses with actionable insights to navigate and succeed in a dynamic market environment.
Uncovering Regional Market Dynamics in the Electric Massagers Industry
The report provides a detailed regional assessment, focusing on crucial aspects such as market size, growth trajectory, and trade activities, including import and export patterns across various regions. By analyzing the geographical spread of the Electric Massagers Market, it offers valuable insights into regional market landscapes and emerging industry trends.
Explore the CAGR Trends Shaping the Electric Massagers Market
Electric Massagers Market was valued at USD 8.56 Billion in 2023 and is anticipated to grow at a CAGR of 7.18 % to USD 13.92 Billion by 2030.
Identifying Major Segments Driving Expansion in the Electric Massagers Market
by Product
Vibrating Massagers
Manual Massagers
Impulse Massagers
Shiatsu Massagers
The market for electric massagers is divided into four product categories: vibrating massagers, manual massagers, impulse massagers, and Shiatsu massagers.
Most of these gadgets are ergonomically designed and lightweight. Many of these gadgets are useful because they can be recharged in two to three hours. Depending on the sensitivity of the muscles, the massage's intensity can be changed and therefore controlled.
by Power
Cordless Electric Neck and Shoulder Massagers
Corded Electric Neck and Shoulder Massagers
The market is divided into two categories based on power: cordless electric neck and shoulder massagers and corded electric neck and shoulder massagers.
The demand for corded electric massagers has increased in recent years, but as technology has advanced and consumer spending has increased, convenience and satisfaction are now the top considerations when making purchases. As a result, the market for corded electric massagers has shrunk significantly.
by End Use
Spas & Massage Parlours
Households
Physiotherapy Clinics
Private Hospital
The market is divided into three categories based on end users: private hospitals, spas and massage parlors, and home physiotherapy clinics. Thirty percent of end users are anticipated to be spas and massage parlors. This is because, especially in developing countries, there is a growing demand for professional massage therapists and a rise in upscale spas and massage parlors that offer therapeutic approaches to pain management.
Introducing the Key Players Driving Innovation in the Electric Massagers Market
1. Panasonic Corporation (Japan)
2. MedMassager (United States)
3. Joicom Corporation (United States)
4. Human Touch (United States)
5. Shenzhen Relcare Electronics (China)
6. LURACO Technologies Corporation (United States)
7. Dr. Physio (India)
8. Omron Corporation (Japan)
9. Medisana GmbH (Germany)
10. JSB Health & Fitness Pvt. Ltd. (India)
11. HoMedics (United States)
12. Family Inada Co. Ltd. (Japan)
13. Wenzhou Huifan Technology Co. Ltd. (China)
14. Propera Corp. (Israel)
15. OSIM International (Singapore)
16. Nekteck (United States)
17. LURACO Technologies Corporation (United States)
Key Questions Addressed in the Report:
How is the Electric Massagers Market defined?
What is the expected growth rate of the Electric Massagers Market?
Which factors are likely to drive market expansion?
What CAGR is projected for the market over the forecast period?
What are the primary segments within the Electric Massagers Market?
Which region is anticipated to experience the fastest growth?
What strategies are leading companies employing to strengthen their market presence?
What emerging trends and opportunities are shaping the industry’s future?
Which recent innovations could create new revenue streams?
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