The global massage equipment market size was valued at USD 23.86 billion in 2023. The market is anticipated to expand from USD 25.26 billion in 2024 to USD 41.18 billion by 2032, exhibiting a CAGR of 6.30% during the forecast period.
The increasing significance of massage therapy in relieving stress and muscle tension is driving a surge in demand for commonly used equipment such as massage chairs, back massagers, massage machine guns, and foot massagers. Osim introduced smart massage chairs with precise body targeting, adjustable recline angles, and customizable intensity levels, which underscores the industry's dedication to innovation.
The severe economic downturn triggered by the COVID-19 pandemic led to the closure of wholesale stores, spas, massage centers, and massage supplies warehouses, hindering the market's growth.
Fortune Business Insights™ provides this information in its research report, titled “Massage Equipment Market, 2024-2032”.
Top Leading Companies Covered in the Massage Equipment Market:
Information Source: https://www.fortunebusinessinsights.com/massage-equipment-market-109491
Segmentation:
Massage Chair Segment’s Highest Market Share Owed to Rising Awareness of the Therapeutic Benefits
By type, the market is divided into back & shoulder massagers, foot & leg massagers, massage chairs, and others. Increased awareness among consumers regarding the therapeutic benefits of full-body massages for stress and pain relief contributed to the segment securing the highest market share in 2023.
Commercial Segment Leads Due to Strategic Deployment of Massage Products in Public Spaces