The global luxury massage chair market is expected to grow at a CAGR of 5.92% during the period 2016-2020.
Luxury massage chair market, one of the segments in the luxury furniture market, has been growing steadily over the years. It has high penetration in developed economies in North America and Europe. There has been increasing demand from countries such as China, Japan, South Korea, Singapore, and Australia due to its increased affordability.
The majority of the world population has become increasingly stressed both physically and mentally due to several reasons. The massage therapy along with other complimentary therapies such as acupressure, acupuncture, aromatherapy, and physiotherapy are becoming an integrated part of the solution in reducing the physical and mental stress.
The World Health Organization (WHO) predicts that by 2020 mental health issues, including stress, will become the second leading cause of disabilities. This will not only lead to a severe strain on healthcare services but also on economies across the globe due to less productivity, lost work days, and workplace accidents. As a result, individuals are opting for massage therapy to remain stress-free and fit.
- Family Inada
- Osaki Massage Chair
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-users
PART 07: Market segmentation by distribution channels
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/kkptnz/global_luxury