LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their latest report on the global luxury massage chair market. This new report will provide expert market insights for the forecast period 2018-2022.
The report will follow up on Technavio’s previous luxury massage chair market research report, offering an up-to-date analysis of the market with respect to the innovations, current competitive landscape, and latest trends and drivers, providing new predictions for the forecast period.
The upgraded research report on the global luxury massage chair market is an integral part of Technavio’s health and wellness portfolio. Technavio covers an extensive range of market research reports on the health and wellness market, offering manufacturers the scope to devise effective growth strategies. Some of the topics include natural and organic tampons, condom, adult vibrator, and adult diapers.
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Global opportunities for growth
Technavio’s previous report on the global luxury massage chair market projected that the Europe region accounted for around 43% of the market share in 2015. This region is expected to grow significantly through 2020. The increase in travel and tourism are the key drivers for the market growth in this region, as massage chairs are increasingly being deployed in airports and other places such as hotel lounges and lobbies where tourists can relax.
In the previous report, a senior research analyst at Technavio stated, “The increase in working population is one of the primary drivers propelling the growth of the market. Due to the increase in the working population, a decrease in spare time, the prevalence of on-the-go lifestyle, increase in the frequency of massages, and massage by the therapist is increasingly being replaced by massage chairs, thereby leading to the overall market growth.”
Technavio’s new report on the global luxury massage chair market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Major factors driving the market growth
- Competitive vendor landscape and market share analysis of the key players
- Market opportunities and factors hampering growth
Technavio’s report on the global luxury massage chair market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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