The Worldwide Cold Plunge Tub Market is Projected to reach USD 424.5 Million by 2030, at a CAGR of 4.6%
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Cold Plunge Tub Market Growth, Trends and Report Highlights
According to a new report, published by KBV research, The Global Cold Plunge Tub Market size is expected to reach $424.5 million by 2030, rising at a market growth of 4.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 85,150.1 units, experiencing a growth of 2.1% (2019-2022).
The Above-ground segment is leading the Global Cold Plunge Tub Market by Type in 2022; thereby, achieving a market value of $261.9 million by 2030. Above-ground cold plunge tubs are easy to install and set up, making them accessible to a wider range of individuals. They can be placed in outdoor spaces, on decks, or in other locations without the need for extensive construction. Above-ground cold plunge tubs are portable and can be relocated if needed. This flexibility is useful for individuals who may move or want to change the location of their tub.
The Residential segment is exhibiting a CAGR of 7.3% during (2023 - 2030). This is due to increasing public awareness of the health benefits of cold-water baths. In addition, consumers have modernized their homes by installing cold water bathtubs in response to growing awareness of the advantages of regular exercise. The segment has recently been driven by consumer demand for luxurious residences and vacation rentals with bathtubs and swimming pools.
The North America region dominated the Global Cold Plunge Tub Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $155.4 million by 2030. The Europe region is poised to grow at a CAGR of 4.2% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 5.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/cold-plunge-tub-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Ice Bath Co., Ice Barrel, Inc., Cold Tub, iCoolsport, Renu Therapy, Plunge, Brass Monkey Health Ltd., Jacuzzi Brands, LLC (Investindustrial), Build HQ, and Diamond Spas, Inc.
Global Cold Plunge Tub Market Segmentation
By Type (Volume, Units, USD Million, 2019-2030)
- Above-ground
- In-ground
By End-use (Volume, Units, USD Million, 2019-2030)
- Commercial
- Residential
By Geography (Volume, Units, USD Million, 2019-2030)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- The Ice Bath Co.
- Ice Barrel, Inc.
- Cold Tub
- iCoolsport
- Renu Therapy
- Plunge
- Brass Monkey Health Ltd.
- Jacuzzi Brands, LLC (Investindustrial)
- Build HQ
- Diamond Spas, Inc.
Related Reports:
North America Cold Plunge Tub Market Size, Share by 2030
- August-2023
- 93 Pages
LAMEA Cold Plunge Tub Market Size, Share & Forecast, 2030
- August-2023
- 106 Pages
Europe Cold Plunge Tub Market Size & Growth to 2023-2030
- August-2023
- 107 Pages
Asia Pacific Cold Plunge Tub Market Size & Analysis, 2030
- August-2023
- 107 Pages