Global Luxury Massage Chair Market 2016 Key Trends, Growth, Share, Size, Analysis and Forecast to 2020

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Date Submitted: 05/13/2016 05:07 AM

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Global Luxury Massage Chair Market 2016-2020 is market research report is the research report available with RnRMarketResearch.com. 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.

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The analysts forecast global luxury massage chair market to grow at a CAGR of 5.92% during the period 2016-2020. 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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The market is divided into the following segments based on geography:

APAC

Europe

North America

ROW

The report, Global Luxury Massage Chair Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market...