(MENAFN - GetNews) Radiant Insights has announced the addition of 'Global Massage Chair Market Outlook 2017-2022' Market Research report to their database. Global Massage Chair Market is expected to grow at a significant CAGR of 15.5% by 2022, as the scope and its applications are rising enormously across the globe. Massage chair is a chair designed to relieve stress, tension, and alleviate back pain. These chairs help to improve venous and lymphatic flow, decreases tension and improve flexibility, and increases endorphin levels.
Rising awareness regarding massage techniques and its importance, changing lifestyle, and several health benefits are documented as major factors of Massage Chair Market that are estimated to enhance the growth in the years to come. However, high cost of chair and weight and space required may restrain overall market growth in the coming years.
Massage Chair Market is segmented based on types, massage type, applications, distribution channel, and region. Multi-functional massage chair, electric massage chair, and other types could be explored in Massage Chair in the forecast period. Lower back massage, back massage, shoulders and neck massage, and other massage types could be explored in Massage Chair in the forecast period. The market may be categorized based on applications like commercial, household, and others that could be explored in the forecast period.
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Online retailing, supermarkets & hypermarkets, specialty stores, and other distribution channels may be explored in Massage Chair in the forecast period. Online retailing sector accounted for the substantial market share of Massage Chair and is estimated to lead the overall market in the coming years.
Massage Chair Market is segmented geographically into Americas (North America, South America, and Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Latin America (Mexico, Argentina, and Brazil), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).
Globally, North America accounted for the significant market share of Massage Chair and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be high affordability rate by populace and presence of key manufacturers in the region. The United States is a major consumer of Massage Chair in this region.
Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The developing countries like India and China are the major consumers of Massage Chair in this region.
The key players of Massage Chair Market are Xiamen Comfort, OSIM, Shanghai Rongtai, Bodyfriend, Panasonic, Daito, Fujiyorki, and Family Inada. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
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Table of Contents
Part 1. Exclusive Summary
Part 2. Methodology
2.1 Research Methodology
2.2 Geographic Scope
2.3 Years Considered
Part 3. Introduction
3.1 General Information
3.2 Fields of Application
Part 4. Competitive Landscape
4.1 Global Massage Chair Market, by Volume 2012-2017
4.1.2 Global Massage Chair Market, by Volume, by Company
4.1.3 Top 3 Companies by Volume Share
4.2 Global Massage Chair Market, by Revenue 2012-2017
4.2.2 Global Massage Chair Market, by Revenue, by Company
4.2.3 Top 3 Companies by Revenue Share
Part 5. Market Dynamics
5.1 Market Drivers
5.3 Market Trends
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