LAMEA Cold Plunge Tub Market

LAMEA Cold Plunge Tub Market Size, Share & Industry Trends Analysis Report By Type (Above-ground, and In-ground), By End-use (Commercial, and Residential), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-16864 Publication Date: August-2023 Number of Pages: 106
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Market Report Description

The Latin America, Middle East and Africa Cold Plunge Tub Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030).In the year 2026, the LAMEA market's volume is expected to surge to 6,942.0 units, showcasing a growth of 8.6% (2023-2030).

To gain a larger portion of the market, manufacturers are providing premium materials and utilizing cutting-edge designs to facilitate the installation of cold plunge pools effortlessly. An instance is the increased production of PVC pools that are durable and puncture-resistant, as well as convertible pools that are appropriate for use at home.

The self-reported tension, fatigue, memory problems, and bad mood of those who practiced cold-water immersion may have decreased as they swam more. And after four months, people can notice that they are more energetic and active. Some research also indicates that immersing oneself in cold water may cause the release of stress hormones.

Immersion in cold water has also been found to lower the body's levels of pro-inflammatory cytokines. The immune system reaction includes cytokines, which are proteins. They serve as the initial line of defense, alerting the immune system to send troops to fight the invading viruses or bacteria. The immune system gains from cold plunges in several ways. Taking a cold plunge encourages the formation of white blood cells, which are crucial for preventing viruses and illnesses. According to research, the immune system is activated when the body's temperature drops during a cold shower or plunge, and more white blood cells are released.

The establishment of the Emirates Tourism Council received approval by the UAE Cabinet in January 2021, intending to boost the tourism industry. This would be accomplished by developing a tourist plan that considers the goals of the country and the UAE Centennial 2071, as well as incorporating every relevant local agency and department. Luxury hotels, spas, and other establishments would eventually rise in number as a result of the booming tourism sector. The need for these tubs is anticipated to increase from such businesses as they often provide their clients with luxurious facilities, fuelling the market's expansion.

The Brazil market dominated the LAMEA Cold Plunge Tub Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6.9 million by 2030. The Argentina market is estimated to grow at a CAGR of 8.4% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 7.5% during (2023 - 2030).

Based on Type, the market is segmented into Above-ground, and In-ground. Based on End-use, the market is segmented into Commercial, and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Cold Plunge Tub Market is Projected to reach USD 424.5 Million by 2030, at a CAGR of 4.6%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Ice Bath Co., Ice Barrel, Inc., Cold Tub, iCoolsport, Renu Therapy, Plunge, Brass Monkey Health Ltd., Jacuzzi Brands, LLC (Investindustrial), Build HQ, and Diamond Spas, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Units, USD Million, 2019-2030)

  • Above-ground
  • In-ground

By End-use (Volume, Units, USD Million, 2019-2030)

  • Commercial
  • Residential

By Country (Volume, Units, USD Million, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • The Ice Bath Co.
  • Ice Barrel, Inc.
  • Cold Tub
  • iCoolsport
  • Renu Therapy
  • Plunge
  • Brass Monkey Health Ltd.
  • Jacuzzi Brands, LLC (Investindustrial)
  • Build HQ
  • Diamond Spas, Inc.
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