Brazil Cold Plunge Tub Market Size & Outlook, 2023-2030
Brazil cold plunge tub market, 2018-2030 (US$M)
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Brazil cold plunge tub market highlights
- The Brazil cold plunge tub market generated a revenue of USD 3.0 million in 2023 and is expected to reach USD 3.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 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 3.0 million |
| Market revenue in 2030 | USD 3.7 million |
| Growth rate | 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, Brazil accounted for 0.9% 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 Latin America, Brazil cold plunge tub market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 3.7 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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Brazil 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% in 2023. Horizon Databook has segmented the Brazil cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Rising investments in the fitness and wellness sectors are anticipated to present lucrative opportunities for industry participants. The fast-developing health and wellness sector will open up new potential for the industry in the region, due to the expanding population in Brazil.
Also, the growing number of participants in outdoor sports including football, beach volleyball, surfing, and cycling activities is increasing the necessity of pain treatment treatments boosting the demand for cold plunge tubs for cold water therapies.
Increasing investments in health and wellness centers and rising demand for cold water baths among sports persons to relieve muscle pain are among the important factors responsible for market growth. For instance, Italian-based spa and tub manufacturer Myrtha Wellness creates wellness facilities and cold plunge pools for customers from a wide range of industries, including spas, hotels & resorts, fitness centers, home spas, yachts, cruise ships, and pro-sports clubhouses in Brazil.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cold plunge tub market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cold plunge tub market size, by application, 2018-2030 (US$M)
Brazil Cold Plunge Tub Market Outlook Share, 2023 & 2030 (US$M)
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