Electric Massager Market Size was valued at $4.2 billion in 2021, and is projected to reach $7.9 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2030.
Because the spas and saloons were closed during the lockdown, there was a significant decline in demand for massages and other therapies, which had a negative impact on the market. Additionally, the major players are incorporating new technological developments into their product lines, such as massagers with voice commands. Additionally, since clients are unable to visit spas and saloons for relaxation and purification, the makers have created a new product that is particularly effective at recreating the spa and saloon experience at home. As a result, the pandemic has opened up new possibilities for innovation in the sector.
Due to increased internet usage, there is an increase in the number of social media users. In light of this, the majority of the industry’s major participants plan to sell their goods and services via these social media channels.
But in recent years, the beauty sector has experienced explosive growth, which many attribute to a broader generational trend of focusing on physical well-being. People frequently cite centuries as the primary causes of the exponential rise of the beauty market. Numerous articles on this topic have been written, citing everything from the aging of the millennial generation to a concentration on “self-care” as a coping mechanism for a challenging political and economic environment.
The main element anticipated to significantly influence the growth of the electric massagers market in the near future is channel expansion. One of the market’s fastest-growing segments is the online retail space. Many retail players currently run their own online shops where clients can learn more about the company and its goods. Online platforms’ capacity to compare product prices and offer a variety of product selections contributes to the rise in online purchasing. Key participants in the industry will benefit from this since it reduces the need for physical outlets or stores and makes it easier for buyers to read reviews left by other customers, compare different stores, products, and prices from different vendors for specific electric massagers.
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Major Players in Electric Massager market are:
Prospera
HoMedics
ROBOTOUCH
HealthmateForever
OMRON Corporation
Panasonic
Beurer
OSIM International
Medisana
JSB Healthcare
LURACO Technologies
Deemark healthcare
Shenzhen Relcare Electronics
Most important types of Electric Massager products covered in this report are:
Shiatsu Massagers
Vibration Massagers
Others
Most widely used downstream fields of Electric Massager market covered in this report are:
Physical Store
Online Store
Major Regions or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
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