South Africa Cold Plunge Tub Market Size & Outlook
South Africa cold plunge tub market, 2018-2030 (US$M)
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South Africa cold plunge tub market highlights
- The South Africa cold plunge tub market generated a revenue of USD 2.9 million in 2023 and is expected to reach USD 3.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 2.7% 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 2.9 million |
| Market revenue in 2030 | USD 3.5 million |
| Growth rate | 2.7% (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, South Africa 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 Middle East & Africa, South Africa cold plunge tub market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 3.5 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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South Africa 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 75.86% in 2023. Horizon Databook has segmented the South Africa cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Global companies that operate in spas, resorts, and sports sectors have been consistently focusing on significant renovation activities to transform existing accommodations with customer-centric amenities for comfort and convenience. This is expected to present new opportunities to the cold plunge tub market.
However, there is also a rising demand for cold plunge tubs in the residential segment. There is growing awareness about the benefits of these tubs, and consumers are keen on taking better care of their health, and/or rising income is allowing them to spend on such products that not only serve a medical purpose but also show faster and better results on their skin and overall health.
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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 South Africa cold plunge tub market , including forecasts for subscribers. This country databook contains high-level insights into South Africa cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa cold plunge tub market size, by application, 2018-2030 (US$M)
South Africa Cold Plunge Tub Market Outlook Share, 2023 & 2030 (US$M)
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