Market revenue in 2023 | USD 318.7 million |
Market revenue in 2030 | USD 427.0 million |
Growth rate | 4.3% (CAGR from 2023 to 2030) |
Largest segment | Commercial |
Fastest growing segment | Commercial |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Commercial, Residential |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold plunge tub market will help companies and investors design strategic landscapes.
commercial was the largest segment with a revenue share of 81.17% in 2023. Horizon Databook has segmented the Global cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in wellness tourism and the resurgent global hospitality industry have contributed to the demand for cold plunge tubs over the last few years. Cold plunge tubs are widely used in spas and health-centric resorts. Cold-water therapy is an ancient practice and a growing trend in health and wellness today.
It has numerous benefits, such as promoting deeper sleep, increasing energy levels, improving blood circulation, and reducing inflammation. Therefore, a rise in the number of spas and health resorts across the globe has driven the growth of the cold plunge tub market.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cold plunge tub market , including forecasts for subscribers. This global databook contains high-level insights into Global cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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