Global Cold Plunge Tub Market Size & Outlook, 2023-2030
Global cold plunge tub market, 2018-2030 (US$M)
Related Markets
Global cold plunge tub market highlights
- The global cold plunge tub market generated a revenue of USD 318.7 million in 2023 and is expected to reach USD 427.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.3% by 2030.
- In terms of segment, commercial accounted for a revenue of USD 258.7 million in 2023.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 38.8% of the global cold plunge tub market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 3.5 million by 2030.
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Cold Plunge Tub Market Scope
Cold Plunge Tub Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global cold plunge tub market outlook
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.
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Target buyers of Global cold plunge tub market databook
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Our clientele includes a mix of cold plunge tub market companies, investment firms, advisory firms & academic institutions.
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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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Global cold plunge tub market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cold plunge tub market size, 2023 (US$M)
Global cold plunge tub market share, by application, 2023 & 2030 (%, US$M)
Cold plunge tub market: Opportunity assessment by country
Global cold plunge tub market, by region, 2023 (US$M)
Related regional statistics
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