South Korea Cold Plunge Tub Market Size & Outlook
South Korea cold plunge tub market, 2018-2030 (US$M)
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South Korea cold plunge tub market highlights
- The South Korea cold plunge tub market generated a revenue of USD 9.6 million in 2023 and is expected to reach USD 13.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.7% 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 9.6 million |
| Market revenue in 2030 | USD 13.2 million |
| Growth rate | 4.7% (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 Korea accounted for 3.0% 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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South Korea 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 85.42% in 2023. Horizon Databook has segmented the South Korea cold plunge tub market based on commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
In South Korea, cold plunge tubs are part of a broader cultural trend towards wellness and beauty. Korean spas, known as jjimjilbangs, have traditionally included cold baths, and modern adaptations have seen the inclusion of advanced cold plunge tubs.
These facilities are popular among young professionals and fitness enthusiasts who seek the benefits of cold therapy for skin tightening, reducing inflammation, and enhancing overall health.
This tradition has shaped the growth of the cold plunge tub market, reflecting the rising demand for holistic wellness experiences that blend traditional practices with modern amenities. The trend is bolstered by South Korea's innovative approach to health and beauty, integrating advanced technology into traditional wellness practices.
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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 Korea cold plunge tub market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cold plunge tub market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cold plunge tub market size, by application, 2018-2030 (US$M)
South Korea Cold Plunge Tub Market Outlook Share, 2023 & 2030 (US$M)
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