Mexico Cold Plunge Tub Market Size & Outlook, 2023-2030
Mexico cold plunge tub market, 2018-2030 (US$M)
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Mexico cold plunge tub market highlights
- The Mexico cold plunge tub market generated a revenue of USD 9.4 million in 2023 and is expected to reach USD 13.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.9% 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 9.4 million |
| Market revenue in 2030 | USD 13.1 million |
| Growth rate | 4.9% (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, Mexico accounted for 2.9% 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 North America, U.S. cold plunge tub market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 20.2 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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Mexico 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 84.04% in 2023. Horizon Databook has segmented the Mexico cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The expanding hospitality sector in Mexico, including hotels, resorts, and hospitals, has become a foreground for cold plunge tub market opportunities. A significant driver is the entry of new products and technologies that are especially suited for commercial premises.
Additionally, spas and wellness centers are also witnessing an increase in the penetration and installation of these cold plunge tubs due to consumers' high purchasing power and growing emphasis on providing therapeutic and exotic spa-like experiences.
Villa del Palmar's Sabila Spa in Loreto, Mexico, enhances the appeal of the cold plunge tub market by integrating advanced hydrotherapy offerings. The spa's comprehensive hydrotherapy circuit, along with specialized treatments like enzyme hydrotherapy soaks, uses ingredients such as rosemary, cinnamon, and cloves.
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Our clientele includes a mix of cold plunge tub market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico cold plunge tub market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico cold plunge tub market size, by application, 2018-2030 (US$M)
Mexico Cold Plunge Tub Market Outlook Share, 2023 & 2030 (US$M)
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