Market revenue in 2023 | USD 12.7 million |
Market revenue in 2030 | USD 15.9 million |
Growth rate | 3.3% (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 |
Key market players worldwide | Ice Barrel, Coldtub, Icoolsport, Plunge, Brass Monkey, Jacuzzi Brands |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 79.53% in 2023. Horizon Databook has segmented the Middle East & Africa cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa region has been witnessing a rising demand for cold plunge tubs, fueled by the expanding wellness tourism sector. According to Wellness Strategy and Development at Red Sea Global (RSG) in May 2024, the Middle East stands out for its responsiveness to evolving consumer preferences.
For instance, Saudi Arabia, exemplified by luxury destination AMAALA, showcases a strategy of utilizing natural landscapes to attract wellness industry leaders. Moreover, wellness tourism not only offers travelers an opportunity to engage deeply with destinations but also serves as a key factor influencing tourists' location choices.
In countries like the UAE and South Africa, luxury resorts and wellness centers are incorporating cold plunge tubs into their spa services. The harsh climate in many parts of this region makes cold therapy an attractive option for cooling down and promoting health.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa cold plunge tub market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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