Global Massage Equipment Market Size & Outlook, 2018-2025
Global massage equipment market, 2015-2025 (US$M)
Related Markets
Global massage equipment market highlights
- The global massage equipment market generated a revenue of USD 6,923.3 million in 2018 and is expected to reach USD 12,374.3 million by 2025.
- The market is expected to grow at a CAGR (2019 - 2025) of 8.6% by 2025.
- In terms of segment, chairs & sofas accounted for a revenue of USD 3,553.5 million in 2018.
- Handheld is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2018.
- Country-wise, Germany is expected to register the highest CAGR from 2019 to 2025.
Global data book summary
| Market revenue in 2018 | USD 6,923.3 million |
| Market revenue in 2025 | USD 12,374.3 million |
| Growth rate | 8.6% (CAGR from 2018 to 2025) |
| Largest segment | Chairs & sofas |
| Fastest growing segment | Handheld |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chairs & Sofas, Back Massagers, Handheld, Neck & Shoulder |
Other key industry trends
- In terms of revenue, the North America accounted for 40.4% of the global massage equipment market in 2018.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2025.
- By country, Germany is the fastest growing regional market and is projected to reach USD 757.0 million by 2025.
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Massage Equipment Market Scope
Massage Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global massage equipment 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 massage equipment market will help companies and investors design strategic landscapes.
Chairs & sofas was the largest segment with a revenue share of 51.33% in 2018. Horizon Databook has segmented the Global massage equipment market based on chairs & sofas, back massagers, handheld, neck & shoulder covering the revenue growth of each sub-segment from 2015 to 2025.
- Global Massage Equipment Product Outlook (Revenue, USD Million, 2015-2025)
- Chairs & Sofas
- Back Massagers
- Handheld
- Neck & Shoulder
- Others
- Global Massage Equipment Application Outlook (Revenue, USD Million, 2015-2025)
- Commercial
- Home
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Target buyers of Global massage equipment market databook
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Our clientele includes a mix of massage equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global massage equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global massage equipment market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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Global massage equipment market size, by regions, 2015-2025 (US$M)
Top 10 countries: Massage equipment market size, 2018 (US$M)
Global massage equipment market share, by product, 2018 & 2025 (%, US$M)
Massage equipment market: Opportunity assessment by country
Global massage equipment market, by region, 2018 (US$M)
| Product | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,166.6 | 2,356.9 | 2,565.3 | 2,793.6 | 3,023.5 | 3,273.9 | 3,546.6 | 3,843.7 | 4,167.7 | 4,521.0 | 4,906.4 | 8.4% |
| Europe | 1,662.9 | 1,801.8 | 1,953.3 | 2,118.5 | 2,283.6 | 2,462.5 | 2,656.6 | 2,867.2 | 3,095.7 | 3,343.8 | 3,613.3 | 7.9% |
| Asia Pacific | 836.8 | 927.1 | 1,027.4 | 1,138.9 | 1,254.5 | 1,382.1 | 1,523.1 | 1,678.9 | 1,851.1 | 2,041.5 | 2,252.1 | 10.2% |
| Latin America | 375.8 | 412.1 | 452.2 | 496.4 | 541.6 | 591.2 | 645.6 | 705.2 | 770.8 | 842.8 | 921.9 | 9.3% |
| MEA | 287.8 | 314.5 | 343.7 | 375.9 | 408.7 | 444.4 | 483.5 | 526.3 | 573.1 | 624.4 | 680.6 | 8.9% |
| Overall | 5,329.8 | 5,812.2 | 6,341.8 | 6,923.3 | 7,511.8 | 8,154.1 | 8,855.3 | 9,621.3 | 10,458.4 | 11,373.5 | 12,374.3 | 8.7% |
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