Global Luxury Massage Chair Market 2018-2022 - Key Players Covered are Family Inada, Fujiiryoki, Osaki Massage Chairs, OSIM International and Panasonic - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 13, 2018--The “Global Luxury Massage Chair Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The Global Luxury Massage Chair Market is forecast to grow at a CAGR of 6.24% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend affecting this market is the rising popularity of electric massage chairs. Electric massage chairs are growing in popularity and adoption worldwide. The increased awareness and health consciousness among consumers, especially working professionals and baby boomers, has boosted the use of electronic massage chair to remain stress-free and fit.
According to the report, one driver influencing this market is the rise in the number of massage parlors and physiotherapy clinics. With the fast-growing urban middle class, several massage parlors are trying to keep pace with the needs of the population. Although the concept of massage parlors and physiotherapy is quite popular in developed regions, like the US and Europe, it is still a modern phenomenon in developing countries.
Further, the report states that one challenge affecting this market is the high average life of luxury massage chairs. The lifecycle of most luxury massage chairs is high due to which they do not require frequent replacement. Consumers purchase luxury massage chairs only when required or to replace old luxury massage chairs. The replacement cycle of these products is low as they are good-quality products that can endure long-term use.
Key VendorsFamily Inada Fujiiryoki Osaki Massage Chairs OSIM International Panasonic
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Distribution Channel
8. Customer Landscape
9. Market Segmentation by End-User
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/7t8lkh/global_luxury?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180613005948/en/
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Related Topics:Chairs and Seats
INDUSTRY KEYWORD: LUXURY RETAIL
SOURCE: Research and Markets
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PUB: 06/13/2018 12:34 PM/DISC: 06/13/2018 12:34 PM