According to recently published data from Future Market Insights (FMI), the market for electric massagers is expected to be worth USD ~18,922.5 million in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of ~8.1% from 2023 to 2033, reaching USD ~41,445.1 million.
These days, massage therapy is becoming popular quickly. There are many practical ways to make blood flow better, cut stress down, help muscles relax more easily and reduce worry. These also give health advantages in different ways.
Electric massagers help to get rid of pain and soreness in parts like neck, joints, shoulder, back and other body areas. The electric massagers can be wired or battery powered. Sports players use electric massagers more than anyone else.
Besides looking good and having fun, small electronics devices are helping to grow the electric massagers market. Millennials make up most of the people who use things. Nowadays, many blogs and vlogs are being created because of this reason.
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The people who make content are working hard to use these platforms for the best results. Social media has caused a big change in the market for electric massagers. This is the realm of people who influence others. The selling of electric massagers has proven strong after smartphones became popular.
At the same time, the fact that non-electric massagers are being looked upon as a safer option can’t be ignored. People still fear using electric massagers due to possibility of stroke, shock, and likewise. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Electric Massagers Market’. It has delved deep into the market to table the outcomes of primary, secondary, and tertiary research. The analysts and consultants are engaged with all their expertise for execution.
Key Takeaways from Electric Massagers Market
- Europe holds a sizable market share due to rising stress-related issues like insomnia, headaches, and various others as an outcome of hectic lifestyles.
- North America also holds a significant market share due to increasing awareness on the part of end-consumers regarding mental and physical health benefits linked with electrical massagers.
- The Asia-Pacific is expected to grow at the fastest rate in the electric massagers market with the population turning out to be more vigilant regarding health and wellness.
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Competitive Landscape
- HoMedics USA LLC makes way for a broad spectrum of products inclusive of humidifiers, air filters, fitness monitors, sleep aids, and home massage products.
- OSIM International Ltd. has been promoting ‘OSIM’ brand all across India. The company leads in health-related and lifestyle products. As of now, it is operational in 24 countries in 111 cities with over 800 outlets.
- Beurer, makes way for medical products like therapy massagers and devices, heart rate monitors, and activity sensors.
- HealthmateForever could be referred to as nerve simulators using self-adhesive electrode pads for targeting specific muscle areas and nerves. It’s ascertained that the medical devices have obtained Class II, OTC clearance.
- Breo’s product portfolio is inclusive of eye massager, neck massager, and head massager.
- Human Touch provides massage chairs that have been rejuvenating body and mind since the last 4 decades. At present, the company produces robotic massage chairs recognized by the WFC (World Federation Chiropractic) as a vital supplement to the therapies pertaining to back care.
“With the fact that electric massagers are used in the form of relaxation therapy by the consumers on regular basis, the global electric massagers market is bound to grow impertinently in the forecast period”, says an analyst from Future Market Insights.
Key Segments Profiled in the Electric Massagers Industry Survey
Product Type:
- Back & Body Massagers
- Leg & Foot Massagers
- Neck & Shoulder Massagers
- Head Massagers
- Others
End-User:
- Residential
- Commercial
Sales Channel:
- Store-Based Retailing
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Independent Stores
- Online Retailer
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Middle East & Africa
What does the Report shape up?
- The research study is based on product type (back & body massagers, leg & foot massagers, neck & shoulder massagers, head massagers, and likewise), by end-user (commercial and residential), and by sales channel (store-based retailing, supermarkets/hypermarkets, convenience stores, specialty stores, independent stores, and online retailers).
- With emphasis on self-help coupled with alternative health practices, the global electric massagers market is bound to take an exponential leap in the forecast period.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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