The demand for electric massagers is expected to reach US$ 8 billion in 2022 and is projected to increase at a CAGR of 7.18 percent to US$ 16 billion from 2022 to 2032.
Due to an increase in the number of hectic schedules and changing lifestyles around the world, health activities are becoming more and more popular, with a focus on self-help and alternative health practices. One such strategy that is quickly spreading is massage treatment.
Hands-on techniques are used in this type of treatment to increase blood flow, lessen tension and anxiety, encourage muscular relaxation, and provide several other health advantages. One such gadget that uses vibration to treat the skin’s surface to relieve aches and pains and promote relaxation is the electric massager.
Electric massagers can lessen pain in the back, neck, shoulders, joints, and other areas of the body. To enhance the overall efficacy of the product, the majority of electric massagers on the market are either battery-operated or connected.
Electric massagers are now being used daily by customers as relaxation therapy or after sports and workouts.
Reasons for Covering Electric Massagers Market Title
Shortly, the market for electric massagers will likely grow as more spas open up, leisure, beauty, and health activities become more popular, and electronic device downsizing will accelerate.
Other factors driving the growth of the electric massagers market during the forecast period include expanding advanced technology, the regular introduction of novel products, and growing consumer awareness of the advantages of electric massagers. These factors are combined with the rapidly expanding use of handheld electronic devices.
However, the availability of non-electric massagers and the negative side effects of electric massagers, such as shock, the potential for stroke, and worsening effects, could stifle the market’s expansion shortly.
The fact that some consumers view electric massagers as a luxury item rather than a tool for treating an ailment or promoting relaxation is another reason that could limit the market’s expansion for these devices.
Global Electric Massagers Market: Key Players
Panasonic Corporation, MedMassager, Joicom Corporation, Shenzhen Relcare Electronics, LURACO Technologies Corporation, Dr. Physio, Omron Corporation, Medisana GmbH, and others are some of the major companies competing in the worldwide electric massagers market.
One of the main factors propelling the growth of the global electric massagers market is the rising demand for electronic products that combine aromatherapy and heat to promote relaxation, along with an increase in the potential applications of electric massagers for treating nervous irritability and other stress-related problems like insomnia and headaches.
The expansion of the electric massagers market during the forecast period is also due to consumers in developing nations getting more familiar with the idea of leisure therapy and using it to cure their pain and strain symptoms instead of using medications.
Opportunities for Global Electric Massagers Market Participants
People today are increasingly worried about their health and use a variety of items to stop health problems before they start. They employ a variety of massagers and other natural therapies while focused on maintaining their health without going to the doctor.
Some of the factors creating opportunities for leading players operating in the electric massagers market over the forecast period include people now becoming aware of the various health benefits associated with electric massagers, both physically and mentally, and are giving themselves their massage treatments.
Additionally, businesses in the electric massagers market are leveraging digital platforms to reach untapped markets throughout the world. The quickly expanding e-commerce sector as well as the rise in demand for customized items are the main factors driving the electric massagers market’s expansion.