The North America Massage Equipment Market would witness market growth of 8.3% CAGR during the forecast period (2022-2028).
Massage equipment has been invented so that people can benefit from massages at their convenience. The equipment used for massages includes massage couches and chairs, handheld massagers, back, neck, and shoulder massagers, and leg, foot, and eye massagers. These massagers alleviate inflammation, calm stress and anxiety, promote sleep, and relieve muscle tension and pain. Customers use a variety of massage equipment and make sure to schedule at least one to two massage appointments each week, which is helping to broaden the market's potential.
In addition, the expansion of shopping centers, supermarkets, and hypermarkets in developing nations like China and India has prepared the way for the sale of commercial massage chairs, which will increase the market's potential customer base. A 2018 study by the Mental Health Foundation in the U.K. found that 74% of people had gone through periods of intense stress that left them feeling helpless and overwhelmed. Similarly, 77 percent of Americans regularly experience bodily symptoms brought on by stress, according to research from the American Psychological Association.
Due to massage therapy's rising popularity, there are more therapists and spas in the various nations of this region. It is anticipated that there are more than 300,000 massage therapists in the US alone with valid licenses, making up a sizeable portion of the nation's total number of healthcare professionals. Additionally, there were 21,000 spas in the nation in 2017. Additionally, people's propensity for busy, hectic lifestyles is fueling an increase in stress-related worries, which is driving them to seek out massage therapy and so boosting the growth and demand for massage equipment in the local market.
The US market dominated the North America Massage Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,924.8 million by 2028.The Canada market is poised to grow at a CAGR of 10.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Massage Equipment Market is Estimated to reach $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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