“Global Foot Massage Machine Market to reach a market value of USD 3.3 Billion by 2031 growing at a CAGR of 5.5%”
The Global Foot Massage Machine Market size is expected to reach $3.3 billion by 2031, rising at a market growth of 5.5% CAGR during the forecast period. In the year 2023, the market attained a volume of 60,402.2 thousand units, experiencing a growth of 18.9% (2020-2023).
Several factors, such as a strong emphasis on wellness and self-care, sophisticated healthcare infrastructure, and high disposable income levels, can be attributed to this dominance. The region's well-established e-commerce platforms and retail networks further facilitate the accessibility and availability of foot massage machines. The demand for these devices has increased as a result of the increasing recognition of the health benefits of regular foot reflexology. Therefore, the North America region acquired 42% revenue share in the market. In terms of volume, the North America region is expected to utilize 38,992.2 thousand units of foot massage machine by 2031.
There has been a noticeable shift in consumer behavior towards greater health consciousness in recent years. This trend is the result of a combination of factors, such as the increasing awareness of the significance of preventive healthcare, the increased availability of information about health and wellness, and the increasing emphasis on maintaining a balanced lifestyle.
Additionally, conditions such as neuropathy, arthritis, and plantar fasciitis are becoming increasingly prevalent. Among the most common reasons for discomfort in the heel, plantar fasciitis is one potential culprit, which causes inflammation in the plantar fascia.
However, foot massage machines, particularly those that offer advanced features such as heat therapy, multiple massage settings, and customizable programs, can be quite expensive. The price range for high-quality machines can vary considerably, with some models costing several hundred dollars.
On the basis of end use, the market is classified into commercial and households. The households segment recorded 38% revenue share in the market in 2023. In terms of volume, 40,178.2 thousand units of foot massage are expected to be utilized by 2031. In the market, the residences segment has achieved a substantial revenue share as a result of the increasing recognition of the health benefits of regular foot massages.
By price point, the market is divided into luxury, medium, and economic. The medium segment witnessed 44% revenue share in the foot massage machine market in 2023. In terms of volume 43,603.1 thousand units of medium-priced foot massage machine by 2031.Foot massage machines in this category typically include a variety of massage settings, heat options, and user-friendly controls, making them attractive to a wide range of consumers.
Based on distribution channel, the market is segmented into hypermarkets & supermarkets, specialty stores, online retail, and others. The specialty stores segment acquired 22% revenue share in the market in 2023. In terms of volume, 20,408.7 thousand units of are expected to be sold by specialty stores by 2031. Specific product categories are the primary focus of specialty stores, which offer a more curated and expert purchasing experience.
Based on type, the market is divided into foot massager roller, air compression massager, foot spa massager, warming foot massager, and others. The foot massager roller segment garnered 36% revenue share in the market in 2023. In terms of volume 66,558.5 thousand units of foot massage roller are expected to be utilized by 2031. Foot massager rollers are generally low-cost, making them accessible to many consumers, including those on a tight budget.
Free Valuable Insights: Global Foot Massage Machine Market size to reach USD 3.3 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment witnessed 27% revenue share in the market in 2023. In terms of volume the Asia Pacific region is expected to utilize 31,055.1 thousand units of foot massage machines by 2031. There are a number of key elements that are driving the rise of this region, the most important of which are growth in the middle-class population, rising disposable incomes, and fast urbanization.
Report Attribute | Details |
---|---|
Market size value in 2023 | USD 2.2 Billion |
Market size forecast in 2031 | USD 3.3 Billion |
Base Year | 2023 |
Historical Period | 2020 to 2022 |
Forecast Period | 2024 to 2031 |
Revenue Growth Rate | CAGR of 5.5% from 2024 to 2031 |
Quantitative Data | Volume in Thousand Units, Revenue in USD Billion, and CAGR from 2020 to 2031 |
Number of Pages | 399 |
Number of Tables | 910 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
Segments covered | Type, Price Point, Distribution Channel, End Use, Region |
Country scope |
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Companies Included | Casada International GmbH, Joicom Corporation d/b/a Renpho, Beurer GmBH, NexGen Health & Wellness, ARG Health Care, Human Touch, LLC, Conair LLC (American Securities LLC), Zarifa Corporation, iRobo Wellness Private Limited, and OSIM International Pte. Ltd. |
By End Use (Volume, Thousand Units, USD Billion, 2020-2031)
By Price Point (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
This Market size is expected to reach $3.3 billion by 2031.
Increasing health awareness among consumers are driving the Market in coming years, however, High initial cost associated with purchasing these devices restraints the growth of the Market.
Casada International GmbH, Joicom Corporation d/b/a Renpho, Beurer GmBH, NexGen Health & Wellness, ARG Health Care, Human Touch, LLC, Conair LLC (American Securities LLC), Zarifa Corporation, iRobo Wellness Private Limited, and OSIM International Pte. Ltd.
In the year 2023, the market attained a volume of 60,402.2 thousand units, experiencing a growth of 18.9% (2020-2023).
The Commercial segment is leading the Market by End Use in 2023; thereby, achieving a market value of $1.9 billion by 2031.
The North America region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,367 million by 2031.
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