Australia Cold Plunge Tub Market Size & Outlook, 2023-2030
Australia cold plunge tub market, 2018-2030 (US$M)
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Australia cold plunge tub market highlights
- The Australia cold plunge tub market generated a revenue of USD 8.7 million in 2023 and is expected to reach USD 12.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, commercial was the largest revenue generating application in 2023.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
Cold plunge tub market data book summary
| Market revenue in 2023 | USD 8.7 million |
| Market revenue in 2030 | USD 12.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Australia accounted for 2.7% of the global cold plunge tub market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cold plunge tub market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11.9 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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Australia 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 80.46% in 2023. Horizon Databook has segmented the Australia cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is expected to a substantial growth in the upcoming years due to manufacturers’ focus on employing less expensive raw material substitutes to overcome cost limitations. Thus, the increased emphasis on launching cold water tubs in the region will boost the product installation rate among commercial and residential properties.
In addition, companies are focusing on introducing new products and expanding their distribution networks to increase the sales of cold plunge tubs in Australia. BLUE CUBE, PlusLife Health, and Ice Tubs Australia offer some of the most advanced ice baths on the market, perfectly crafted for easy ice and cold immersion therapy and recovery experience.
Ice Baths are becoming more common in major cities around Australia, including Sydney, Melbourne, Adelaide, Brisbane, Gold Coast, Perth, and Hobart. Companies are placing more emphasis on new product releases and widening their distribution networks to stand out among customers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia cold plunge tub market , including forecasts for subscribers. This country databook contains high-level insights into Australia cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia cold plunge tub market size, by application, 2018-2030 (US$M)
Australia Cold Plunge Tub Market Outlook Share, 2023 & 2030 (US$M)
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