(Health-NewsWire.Net, August 31, 2016 ) About Luxury Massage Chair Market
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.
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Technavios analysts forecast the global Luxury Massage Chair Market to grow at a CAGR of 5.92% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global luxury massage chair market for 2015-2020. To calculate the market size, the report considers the revenue generated from the sale of luxury massage chairs provided by the companies worldwide.
The market is divided into the following segments based on geography: APAC Europe North America ROW
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Table of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights Overview of the global luxury goods market Global luxury furniture market PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Market segmentation by end-users Global luxury massage chair market by end-users PART 07: Market segmentation by distribution channels Global luxury massage chair market by distribution channels
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