The Asia Pacific Massage Equipment Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
The majority of health problems associated with becoming older can be cured with massage, claims a study from the American Massage Therapy Association. It aids in the treatment of problems with blood pressure, osteoarthritis, dementia, and bodily aches and stiffness. 8.5 percent of the world's population is over 65, according to the Institutes Of health in the U.S. Additionally, the pace of aging is unparalleled and will reach approximately 17 percent by 2050.
As the world's population ages, more people are developing illnesses like dementia, high blood pressure, physical aches, stiffness, and osteoarthritis. To reduce the prevalence of the aforementioned disorders, using massage equipment will serve as a medium. By releasing tight muscles, enhancing flexibility, and relaxing the problematic muscles as well as the body as a whole, massage therapy aims to treat the source of the body's pain. Additionally, massage encourages blood flow to harmed or injured muscles, increasing nutrients and oxygen to the tissues' damaged areas. As a result, the muscles and joints become less rigid and swollen and are more flexible, all of which assist to lessen pain.
The regional market can capture a sizeable portion of the massage equipment market due to some of the well-liked massage modalities, including golf ball, hot stone, lymphatic, and sports massage. The presence of significant market participants in this area has created profitable growth potential for the local market. Consumers' discretionary income is currently increasing in countries like Singapore, Malaysia, Indonesia, India, and Indonesia. Due to rising work demands and busy lifestyles, consumers are continually increasing their spending on massage therapy.
The China market dominated the Asia Pacific Massage Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,058 million by 2028.The Japan market is experiencing a CAGR of 8.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 10.2% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Specialty Store, Online Sales Channel and Others. Based on Type the market is segmented into Electric and Non-Electric. Based on End User, the market is segmented into Commercial and Residential. Based on Product, the market is segmented into Leg & Foot Massagers, Back & Body Massagers, Neck & Shoulder Massagers, Head Massagers and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Massage Equipment Market is Projected to reach USD 11.4 Billion by 2028, at a CAGR of 8.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, OSIM International Pte. Ltd., JSB Healthcare, Bossman Brands, Inc., Prospera, Beurer GmbH, Xiamen Comfort Science & Technology Group Co., Ltd., Casada International GmbH, and RoboTouch.
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