The Europe Massage Equipment Market would witness market growth of 8.6% CAGR during the forecast period (2022-2028).
73 percent of people report having psychological symptoms of stress, such as irritation, hostility, and anxiousness. Shortly, the frequencies of the aforementioned symptoms are anticipated to play a significant role in expanding the market for massage equipment. Lower back discomfort has been noted as one of the most prevalent illnesses in the contemporary generation. Traditional back discomfort is caused by long work hours, extraordinarily soft beddings, and a sedentary lifestyle.
80 percent of Americans would suffer from back discomfort at some point in their lives, according to a study by The Good Body. Furthermore, it has been estimated that 10% of people experience lower back discomfort, and this percentage has been steadily rising. Furthermore, according to the American Chiropractic Association, 31 million Americans deal with low back discomfort regularly. Following skin conditions and osteoarthritis as the third most frequent reason for doctor visits, it has been observed. Instant alleviation has been experienced while using massage devices, and regular usage of these tools along with appropriate exercise aids in the full recovery of the condition.
Millennial customers' disposable money is currently increasing in the European region, giving massage therapists the chance to attract them to these massage therapies. The quick rise of spa salons in countries like France, the UK, Germany, and Italy would also contribute to the regional market's expansion. The last couple of years has seen tremendous growth in the local tourism industry. The tourists would open up growth opportunities for the local massage equipment market as they would seek massage and wellness services for restorative and therapeutic purposes. Therefore, these elements combined are to blame for the rise in demand for massage equipment in the local market.
The Germany market dominated the Europe Massage Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $712.4 million by 2028.The UK market is anticipated to grow a CAGR of 7.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.4% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Specialty Store, Online Sales Channel and Others. Based on Type the market is segmented into Electric and Non-Electric. Based on End User, the market is segmented into Commercial and Residential. Based on Product, the market is segmented into Leg & Foot Massagers, Back & Body Massagers, Neck & Shoulder Massagers, Head Massagers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Massage Equipment Market will Hit $11.4 Billion by 2028, at a CAGR of 8.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Corporation, OSIM International Pte. Ltd., JSB Healthcare, Bossman Brands, Inc., Prospera, Beurer GmbH, Xiamen Comfort Science & Technology Group Co., Ltd., Casada International GmbH, and RoboTouch.
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