“Global Luxury Massage Chair Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global luxury massage chair market. Luxury massage chair is an armchair with a reclining back and a combination of heating pads, motors, gears, airbags, etc. The advanced chairs have additional benefits, such as adjustable foot and armrests, Bluetooth connectivity, remote control, massage pillow pad, etc. Some of the common massage chair variants include inversion massage chairs, zero gravity massage chairs, targeted massage parts, etc. These chairs help in relieving joint aches, reducing back pain, minimizing pressure on the heart and lungs, improving blood circulation, and providing relaxation. The rising hectic work schedules and stressful lifestyles, along with the improving living standards of the consumers, are propelling the demand for luxury massage chairs.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the luxury massage chair market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the luxury massage chair market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the luxury massage chair market in detail for the latest trends, outlook and opportunities.
The report analyses the competitive structure of the luxury massage chair Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the luxury massage chair Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the luxury massage chair Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the luxury massage chair Industry. Furthermore, the value chain analysis of the luxury massage chair Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
Key Segments and Highlights of the Global Luxury Massage Chair Market
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the luxury massage chair industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.
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