China Cold Plunge Tub Market Size & Outlook, 2023-2030
China cold plunge tub market, 2018-2030 (US$M)
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China cold plunge tub market highlights
- The China cold plunge tub market generated a revenue of USD 17.8 million in 2023 and is expected to reach USD 23.6 million by 2030.
- The China market is expected to grow at a CAGR of 4.1% 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 17.8 million |
| Market revenue in 2030 | USD 23.6 million |
| Growth rate | 4.1% (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, China accounted for 5.6% 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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China 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 84.27% in 2023. Horizon Databook has segmented the China cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Chinese medicine has a long tradition of promoting health by taking cold baths. The long-term, scientific evidence of the Chinese culture has encouraged people to adopt cold-water showers and cold-water therapies for mental toughness and blood circulation.
Traditionally, the Chinese used lakes, rivers, and pools with temperatures of 20 degrees Celsius and below, which led to the popularity of cold water immersion tubs at residential and commercial places. An increasing number of hospitals, physical therapy offices, and fitness centers in China are offering specialized hydrotherapy treatments to address various medical issues.
Cold plunge therapy has become increasingly popular in China's fitness centers, reflecting a broader trend toward incorporating wellness and recovery practices into mainstream fitness routines. For instance, CryoZone in Shanghai offers cryotherapy using advanced technology. This method, involving exposure to liquid nitrogen, is used for muscle recovery and overall physical rejuvenation.
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Horizon Databook provides a detailed overview of country-level data and insights on the China cold plunge tub market , including forecasts for subscribers. This country databook contains high-level insights into China cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China cold plunge tub market size, by application, 2018-2030 (US$M)
China Cold Plunge Tub Market Outlook Share, 2023 & 2030 (US$M)
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