Research Nester has released a report titled “United States Massage Chair Market – Regional Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the United States massage chair market in terms of market segmentation by type and by application.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The United States massage chair market is segmented by type into traditional and robotic, out of which, robotic segment is anticipated to hold the largest market share on the back of numerous benefits provided by the robotic massage chair, for instance, automated pre-programmed massages, easy to use interface, and others. Moreover, a massage recipient experiencing a massage from robotic massage chair doesn’t need a message therapist and can enjoy the experience at their own convenience. The robotic massage chair segment is anticipated to grow from USD 571.1 million to USD 1090.6 million in-between 2017-2027 by achieving a CAGR of 7.0% during the forecast period 2019-2027.
The U.S. massage chair market is growing on the back of rising trend for body massage in air massage chairs along with increasing technological advancements being made in the massage chairs. Moreover, growing household income which is enhancing the purchasing capacity of the population, growing consciousness for health lifestyle habits and hectic work schedules amongst the working population are some of the factors anticipated to promote significantly towards the growth of the global U.S. massage chair market during the forecast period. The market is further slated to grow from USD 1040.1 million to USD 1745.0 million in-between 2018-2027 by achieving a CAGR of 6.1% during the forecast period and a Y-o-Y growth of 6.61% in the year 2027 as compared to the previous year.
Growing Work-Related Stress and The Need for Stress-Relieving Solutions
In one of the statistics by the U.S. Department of Health and Human Services, in the year 2017, around 7.1% of all U.S. adults (17.3 million adults) were estimated in the United States who had at least one major depressive episode. Moreover, in one of the statistics by the World Health Organization, stress is anticipated to be the second leading cause among the total list of health issues by the year 2020.
Various health issues amongst the working population are caused on the back of increasing work-related stress. Rising cases of high blood pressure, depression and poor blood circulation amongst others are some of the health issues that are raising concern amongst the working class to maintain their health and follow a healthy lifestyle by using products, such as massage chairs, to reduce their stress and anxieties. Additionally, massage chairs are a preferred choice amongst the working class on the back of numerous benefits provided by these chairs. Rising need for stress-relieving solutions is anticipated to raise the demand for stress reducing products. Such factors are anticipated to drive the growth of the U.S. massage chair market.
However, concerns regarding high product cost of massage chairs which might hamper the sales of the massage chairs is anticipated to affect negatively towards the growth of the U.S. massage chair market.
This report also provides the existing competitive scenario of some of the key players of the U.S. massage chair market, which include company profiling of Daiwa Massage Chair, Kahuna Massage Chair, Luraco, Human Touch, Infinity Massage Chairs, Cozzia USA, RELAXONCHAIR, Family Inada Co., Ltd., Titan Chair LLC, HoMedics USA LLC, FUJIIRYOKI, and Johnson Health Tech (SYNCA) (TPE: 1736). The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the U.S. massage chair market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.