Market revenue in 2023 | USD 74.6 million |
Market revenue in 2030 | USD 105.6 million |
Growth rate | 5.1% (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 |
Key market players worldwide | Ice Barrel, Coldtub, Icoolsport, Plunge, Brass Monkey, Jacuzzi Brands |
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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 82.84% in 2023. Horizon Databook has segmented the Asia Pacific cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The market for cold plunge tubs in the Asia Pacific is expected to grow progressively during the forecasted period due to the rapidly expanding health, fitness, and wellness centers and populations’ increasing preferences towards health and mental wellness activities.
Furthermore, wellness centers collaborate with hotels and resorts to extend their offerings in wellness tourism activities for guests. These partnerships will create lucrative opportunities for the wellness tourism sectors in the Asia Pacific region.
For instance, in Oct 2022, Thailand-based BDMS Wellness Clinic collaborated with Minor Hotels to launch the BDMS Wellness Clinic Retreat at Anantara Riverside Bangkok Resort to add value to Thailand’s tourism industry.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cold plunge tub market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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