Global Luxury Massage Chair Market 2016-2020 is market research report is the research report available with RnRMarketResearch.com. Luxury massage chair market, one of the segments in the luxury furniture market, has been growing steadily over the years. It has high penetration in developed economies in North America and Europe. There has been increasing demand from countries such as China, Japan, South Korea, Singapore, and Australia due to its increased affordability.
The analysts forecast global luxury massage chair market to grow at a CAGR of 5.92% during the period 2016-2020. The majority of the world population has become increasingly stressed both physically and mentally due to several reasons. The massage therapy along with other complimentary therapies such as acupressure, acupuncture, aromatherapy, and physiotherapy are becoming an integrated part of the solution in reducing the physical and mental stress. The World Health Organization (WHO) predicts that by 2020 mental health issues, including stress, will become the second leading cause of disabilities. This will not only lead to a severe strain on healthcare services but also on economies across the globe due to less productivity, lost work days, and workplace accidents. As a result, individuals are opting for massage therapy to remain stress-free and fit.
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The market is divided into the following segments based on geography:
The report, Global Luxury Massage Chair Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors : Family Inada, Fujiiryoki, Osaki Massage Chair, Panasonic
Other prominent vendors : Cozzia USA, Fujita Massage Chair, Infinite Creative Enterprises, Johnson Health Tech, LURACO Technologies, Osim International
Market driver - Increased health benefits
Market challenge - Issues related to space and weight
Market trend - Issues related to space and weight
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global luxury goods market 2015-2020 ($ billions)
Exhibit 03: Global luxury furniture market 2015-2020 ($ billions)
Exhibit 04: Drivers, challenges, and trends in global luxury furniture market
Exhibit 05: Clients for massage
Exhibit 06: Global luxury massage chair market 2015-2020 ($ billions)
Exhibit 07: Comparison of table massage and chair massage
Exhibit 08: Five forces analysis
Exhibit 09: Global luxury massage chair market by end-users 2015
Exhibit 10: Global luxury massage chair market by end-users 2020 and more..
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