Electric Massagers Market – Global Industry Analysis and Forecast (2023-2029)

Electric Massagers Market was valued at USD 7.99 Billion in 2022 and is anticipated to grow at a CAGR of 7.18 % to USD 12.99 Billion by 2029.
Electric Massagers Market Overview:
The Electric Massagers Market was valued at USD 7.99 Billion in 2022 and is anticipated to grow at a CAGR of 7.18 % to USD 12.99 Billion by 2029. The Electric Massagers Market is studied by segments like Product (Vibrating Massagers, Manual Massagers, Impulse Massagers, Shiatsu Massagers), Power (Cordless Electric Neck and Shoulder Massagers, Corded Electric Neck and Shoulder Massagers), End-use (Spas & Massage Parlours, Households, Physiotherapy Clinics, and Private Hospitals), and Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa). The report consists of the Trend, forecasts, Competitive Analysis, and Growth Opportunities of the market.To know about the Research Methodology :- Request Free Sample Report

Electrical massage causes intense vibrations on the skin's surface, reducing aches and pains in the shoulder, neck, back, joints, and other body parts. Massage is a therapeutic technique that involves pressing specific areas on the body to relax the tissues and muscles, increase blood circulation, reduce tension, relieve anxiety, and release positive energy. People prefer wired or wireless electrical massagers, and they are widely available on the market.

Growth in different stress-related illnesses such as headaches, sleeplessness, and others among persons due to a stressful lifestyle cause a growth in the Electric Massagers market. People are becoming more aware of the many physical and mental health benefits of electrical massages. They are self-massaging, which are some of the aspects that will give major players in the electrical massagers market during the projection period.
Electric Massagers Market Dynamics:
The global Electric Massagers market demand is rising across various industries.

Key Electric Massagers Market Drivers:

The rising stress-related cases globally are expected to fuel the growth of the electric massagers market size.

Increased stress might limit a person's leisure and daily activities. This might result in physical deconditioning and muscle weakness, leading to back pain. Electric massagers aids in improving immune and neurological system functions, as well as nerve irritation and blood circulation.

Muscle tension and contraction difficulties might arise as a result of severe chronic stress, putting uneven pressure on the bones and resulting in subluxations. Electric massagers are used to relieving muscle tension and pain in the afflicted areas of the body. Electric massager demand is expected to rise in the coming years as these therapeutic effects are seen without medications.

The leveraging of the Internet platform to create awareness is another major factor supporting the electric massagers' market share growth.

With the introduction of the Internet, potential clients can now peruse a variety of Massagers options given by suppliers via their online portals. It improves the user's buying experience and aids in brand retention and visibility. Vendors' ability to promote their items online allows them to generate more income and capture larger market shares, thereby leading to the growth of the Electric Massagers Market.

These portals give customers a unique platform for comparing costs and product promotions by making information about a wide selection of electric massagers available. The market is expected to expand in lockstep with worldwide Internet adoption. During the projected period, the Internet is expected to continue to be an outstanding platform for product promotion, distribution, and information.

Key Electric Massagers Market Challenge:

The low penetration in emerging economies may be a major challenge for the global electric massagers market growth.

The electric massagers market has a low adoption rate in South America, Africa, and APAC countries (except Japan). Electric massagers are currently used by many families in the United States, although penetration rates in developing nations such as Brazil, India, and Nigeria remain low. This is due to a lack of understanding, affordability, and apprehension about using such items. The use of these products is limited in these nations due to their low GDP.

As a result, individuals still use traditional massage methods whenever possible. Despite their numerous advantages, the usage of these goods is hampered by a lack of qualified and educated staff, inadequate facilities, accessibility, a lack of investor-friendly regulations, bureaucratic obstacles, and a lack of international certification, all of which contribute to poor adoption. This is hampering the success of the electric massagers market.
Electric Massagers Market: Effect of COVID-19
The outbreak of COVID-19 has adversely affected most sectors around the world in recent months.

The development of a worldwide epidemic has considerably lowered the demand for the electric massagers market. The electric massagers market is being hampered by the closure of all spas due to extensive lockdowns and the lack of availability through internet channels.

Because of the labor shortage and lack of raw materials in many countries, the manufacturing of electric massagers has decreased dramatically. Consumers worldwide were affected in terms of financial conditions, and therefore, the spending power was turned to only essential products for the first few months of the pandemic. Due to trade constraints, the supply chain for electric massagers has been interrupted. These were some of the critical factors of the effect of COVID-19 on the market.
Electric Massagers Market Segment Analysis:
On the basis of product, the Electric Massagers market is segmented into Vibrating Massagers, Manual Massagers, Impulse Massagers, and Shiatsu Massagers.

The majority of these devices are lightweight and ergonomically constructed. Many of these devices are rechargeable and take 2 to 3 hours to charge, making them convenient. The intensity of the massage can be adjusted and hence managed depending on the muscle sensitivity.

The vibrating massager may be dangerous if the intensity of the vibrations is too high. This may cause lumbar injuries and severe back pain, and hence the market for this product in the electric massagers market segment is not high.

Rising knowledge of shiatsu massagers' efficiency, the high prevalence of chronic and acute pain, and increased visibility of these items through e-Commerce channels will likely boost the market for shiatsu massagers in the coming years. Shiatsu massager consumption is expected to grow at a 12.7 % compound annual growth rate (CAGR).

On the basis of power, the market is segmented into Cordless Electric Neck and Shoulder Massagers, Corded Electric Neck and Shoulder Massagers.

Corded Electric Massagers were more in demand in the last few years; however with advancements in technology and improved consumer spending, convenience and satisfaction are given primary importance when purchasing products. Hence, the market for corded electric massagers has reduced substantially.

Cordless electric massagers are expected to grow at a substantial CAGR of 11% over the forecast period in terms of power. Because cordless devices do not require a power source to operate, they can be used in almost any place and are more convenient. The demand for cordless massager equipment is rising, and companies are now focusing on Introducing product innovations and expansions, and this is expected to lead to the growth of the market in the forecast period.

On the basis of End-user, the Market is segmented into Spas & Massage Parlours, Households Physiotherapy Clinics, and Private Hospitals. Spas and massage parlours are expected to account for a significant share of 30 % of end-users. This is due to a growing preference for professional massage therapists and an increase in the number of high-end spas and massage parlours that provide therapeutic approaches to pain management, particularly in developing nations.

The household category, on the other hand, is expected to grow at the quickest rate. Massage equipment for capillaries, cervical, cellulite, legs, back, facials, and shiatsu is highly demanded. Massagers for the neck and shoulders are becoming increasingly popular since they assist in relaxing muscles, improve skin texture, and reduce chronic pain. Especially with the advent of COVID-19, and extensive lockdowns, which led to many people staying at home for longer hours, the demand for these equipment has risen in the household category.

Massage is the place where physiotherapy started. Massage therapy helps relieve tension in specific muscles that have built up due to injury or stress. This segment is expected to have the largest segment and end-user for the market segment in the forecast years.


Regional Insights:
The major countries which are covered in the Electric Massagers market report are the U.S., Canada, and Mexico in North America, Germany, France, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific (APAC) in the Asia Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The market in the United States is expected to grow at a CAGR of 6% during the forecast period. Massage is a cure for most health problems associated with aging. It aids in treating high blood pressure, dementia, osteoarthritis, stiffness, and bodily aches. Furthermore, the world is aging at an unprecedented rate, with the percentage of people over the age of 65 expected to reach roughly 17% by 2050. The number of persons suffering from ailments such as dementia, blood pressure, body soreness, stiffness, and osteoarthritis has increased in the United States as the population has aged.

Followed by North America, Asia-Pacific is the 2nd largest shareholder of the electric massagers market.

The growth of the electric massagers market is being fueled by rising disposable income, an increase in the number of spas, and a boom in leisure popularity in developing economies such as the Asia Pacific. Additionally, increased awareness of massagers with many benefits, such as head massagers, neck & shoulder massagers, and back & body massagers, is likely to boost market expansion. Electrical massage technology developments, as well as manufacturers' frequent release of novel electrical massages, are projected to increase global market growth in the future years.

In 2022, East Asia had a 42.6 % revenue share of the worldwide market, with China being the top revenue provider in the region. Early adoption of modern technology, a strong presence of key players, and rising fitness and wellness concerns are some of the key drivers driving the market's revenue growth in the country.

The Indian neck and shoulder massagers market is expected to grow at a staggering 10.6% CAGR. This increase can be ascribed to millennials' growing awareness of bodily fitness.

Due to the increasing penetration of electric massagers on e-commerce portals and rising consumer expenditures, the Asia Pacific market is expected to rise significantly in the worldwide industry, followed by Europe.

Germany accounted for 26.9% of the European neck and shoulder massagers market in 2022, and it is expected to continue to grow rapidly. The high concentration of sports enthusiasts in Germany is likely to remain a positive factor for the growth of the electric massagers market. It is one of the most prominent factors that has revolutionized market offerings.

Due to the growing acceptance of neck and shoulder massagers, leg and foot massagers, and body massagers in these regions, the Middle East, Africa, and South America market is expected to rise moderately.

The objective of the report is to present a comprehensive analysis of the Electric Massagers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complex data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors on the Electric Massagers market have been presented in the report. External and internal factors that are supposed to positively or negatively affect the business have been analyzed, which is anticipated to give the decision-makers a transparent, futuristic view of the industry.

The report also helps understand the Electric Massagers market dynamics and structure by analyzing the market segments and projecting the Electric Massagers market size. Explicit representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Electric Massagers market make the report investor’s guide.

The Electric Massagers Market has become competitive. Various players in the industry have adopted product launches and business expansion as their developmental strategies to their market share, increase profitability and remain stable in the market.

To grow their product range and acquire a competitive edge in the industry, key players in the Electric Massagers market employ various business tactics such as business expansion and product innovation. To strengthen their market position, significant organizations are pursuing multiple business strategies such as mergers and acquisitions.
Electric Massagers Market Scope: Inquire before buying



Electric Massagers Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
7.18%
US$ 7.99 Bn
US$ 12.99 Bn


Segments Covered


by Product
Vibrating Massagers
Manual Massagers
Impulse Massagers
Shiatsu Massagers
by Power
Cordless Electric Neck and Shoulder Massagers
Corded Electric Neck and Shoulder Massagers
by End Use
Spas & Massage Parlours
Households
Physiotherapy Clinics
Private Hospital


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South Americaca



Key Players:
1. Panasonic Corporation (Japan)
2. MedMassager (United States)
3. Joicom Corporation (United States)
4. Human Touch (United States)
5. Shenzhen Relcare Electronics (China)
6. LURACO Technologies Corporation (United States)
7. Dr. Physio (India)
8. Omron Corporation (Japan)
9. Medisana GmbH (Germany)
10. JSB Health & Fitness Pvt. Ltd. (India)
11. HoMedics (United States)
12. Family Inada Co. Ltd. (Japan)
13. Wenzhou Huifan Technology Co. Ltd. (China)
14. Propera Corp. (Israel)
15. OSIM International (Singapore)
16. Nekteck (United States)
17. LURACO Technologies Corporation (United States)

Frequently Asked Questions:

1. What forecast period is considered for the Electric Massagers market report?
Ans. The forecast period for the Electric Massagers market is 2023-2029.

2. What factors cause a hindrance to the growth of the Electric Massagers market?
Ans. The usage of these goods is hampered by a lack of qualified and educated staff, inadequate facilities, accessibility, a lack of investor-friendly regulations, bureaucratic obstacles, and a lack of international certification, all of which contribute to poor adoption. This is hampering the success of the electric massagers market.

3. What is the Electric Massagers market's compound annual growth rate (CAGR) for the forecast period?
Ans. The CAGR of the Electric Massagers market for the forecast period 2023-2029 is 7.18 %.

4. What are the key factors driving the growth of the Electric Massagers market?
Ans. The expansion of the electric massagers market is fueled by rising disposable income, an increase in the number of spas, and a boom in leisure popularity worldwide. Additionally, increased awareness of massagers with many benefits, such as head massagers, neck & shoulder massagers, and back & body massagers, is likely to boost the growth of the Electric Massagers market.

5. What major key players are covered in the Electric Massagers market report?
Ans. The major worldwide critical players in the Electric Massagers market are HoMedics, Dr. Physio, Panasonic Corporation and MedMassager.