Malaysia Massage Chair Market By Product Type (Zero Gravity v/s Inversion) By Player Type (Branded v/s Non-Branded) By Sales Channel (Direct Sales, Channel Sales, E-Commerce) By Source (Domestic v/s Import) By Purpose (For Relaxation v/s Medical) By End Use (Commercial v/s Residential) By Company, By Region, Forecast & Opportunities, 2027

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Malaysia Massage Chair Market By Product Type (Zero Gravity v/s Inversion) By Player Type (Branded v/s Non-Branded) By Sales Channel (Direct Sales, Channel Sales, E-Commerce) By Source (Domestic v/s Import) By Purpose (For Relaxation v/s Medical) By End Use (Commercial v/s Residential) By Company, By Region, Forecast & Opportunities, 2027

Malaysia massage chair market is expected to grow at a significant rate during the forecast period. Busy lifestyle of adults and millennials is contributing to raise serious health concerns such as back pains or stiffness in muscles due to prolong sitting at the same place for a longer time. Massage chair aids in relaxing the muscles and provides healing to previous injuries and other pain affecting the body adversely. Work culture of offices and commercials spaces is leading customers to opt for relaxation centers such as massage and spa treatments, but due to less amount of time found at for leisure activities several people for opting for robotic massage chairs which takes lower time as compared to traditional massage chairs and requires no travelling to massage treatment centers. Ease of convenience is fueling the market demand for massage chairs in Malaysia. Full massage treatment can lead to curing of several diseases if used at a regular basis thereby aiding the demand of massage chairs. Also, health condition of consumers is degrading at a rapid pace due to increase in blood pressure and the rise in cases of obesity owing to unhealthy eating habits and sedentary lifestyle. Rising affordability for ownership of massage chairs in addition for growing preference for personal massage chair to avoid the hassles of visiting massage parlors and spa treatments and privacy concerns is propelling the market for massage chairs in Malaysia. Technological innovations and upgradation of existing technology to enhance the performance of massage chairs and to add more comfort and luxury to massage chairs is attributing to accelerate the Malaysia massage chair market.

Malaysia massage chair market is segmented into

The major players operating in the Malaysia massage chair market are Osim (M) SDN BHD, Healthy World Lifestyle SDN. BHD. (Ogawa Malaysia), SnowFit Malaysia, GINTELL (M) Sdn Bhd, Healthy Space Sdn Bhd (Zero-Beyond Wellness), ITSU World Sdn Bhd, Miuvo Massagers, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study

  • To analyze the historical growth of the market size of Malaysia massage chair market from 2017 to 2020.
  • To estimate and forecast the market size of Malaysia massage chair market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Malaysia massage chair market based on product type, player type, sales channel, source, purpose, end use, region, and company.
  • To identify dominant region or segment in the Malaysia massage chair.
  • To identify drivers and challenges for Malaysia massage chair.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Malaysia massage chair.
  • To identify and analyze the profile of leading players operating in Malaysia massage chair.
  • To identify key sustainable strategies adopted by market players in Malaysia massage chair market.

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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers who could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

Market insights research calculated the market size of

Key Target Audience

  • Massage chair manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to massage chair market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 â€“ 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         Player Type

·         Sales Channel  

·         Source

·         Purpose

·         End Use

Region Scope

East Coast Region, Southern Region, Northern Region, East Region, Central Region

Key Companies Profiled

Osim (M) SDN BHD, Healthy World Lifestyle SDN. BHD. (Ogawa Malaysia), SnowFit Malaysia, GINTELL (M) Sdn Bhd, Healthy Space Sdn Bhd (Zero-Beyond Wellness), ITSU World Sdn Bhd, Miuvo Massagers

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