Global Spa Mass and Mid-Range Furniture Market Is Expected to Grow at A CAGR of 5.1% From 2019-2025
Global spa mass and
mid-range furniture market was valued at USD 1,878.4 million in 2018 and
is expected to reach USD 2,529.1 million by 2025 at a CAGR of 5.1%.
Consciousness towards
healthier lifestyle is growing among the population across the globe. This is
mainly because of the increasing number of people facing body pain, mental stress
and other health issues due to the hectic schedules. Further, increasing number
of spa services centre across the globe is also a major factor boosting the
overall market growth. The spa industry is currently focussing upon offering
personalized experiences in order to enhance the treatment results by
remodelling the existing spa centres.
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The latest trend that
will gain traction in the global spa mass and mid-range furniture is the
availability of customized spa furniture. Spa furniture are customized
according to the requirements of the customers. The preference towards
customized spa furniture is gaining popularity since it allows the users to
alter size design and shape. Portable beds, massage beds, multi-purpose beds,
outdoor multi-purpose chairs and relaxation beds, are some of the customized
spa furniture that are offered by the major players.
The massage chairs
dominated the market in 2018Based on different type, massage chairs dominated
the market in 2018. There are two types of massage which includes traditional
chairs and robotic chairs. Traditional massage chairs allow easy access to body
parts such as shoulder, head or back of the person.
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However, robotic chairs
use electric vibrators and motors in order to serve the same process. Most robotic
chairs consist of a controller to vary the type, location and the level of
massage intensity. Massage chairs are popular among the countries such as Japan
where 20% of the homeowners’ own massage chair.
Online retail channel
is expected to witness the fastest growth during the forecast period Based on
different distribution channel, online channel is expected to witness the
fastest growth during the forecast period owing to the increasing number of
tech savvy. Recent years witnessed online spa mass and mid-range furniture
product sales are growing faster as it can be purchased anytime, and also
offers convenience for doorstep delivery and has easy access to multiple
brands.
However, offline
channel dominated the market in 2018 as it remains the preferred destination
for the customers of spa mass and mid-range furniture. This segment is
primarily dominated by consultants, architects, and spa designers for the major
sales of the furniture in offline distribution segment.
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Asia Pacific region
dominated the market in 2018In terms of different region, Asia Pacific region
dominated the market in 2018. The region is also expected to witness the
fastest growth during the forecast period. The Asian spa industry has grown
steadily, driven by developments of hotel and resort, rising number of
middle-class population among others. China and India are the major markets in
the Asia Pacific region owing to increasing demand for cosmetic alteration with
body procedures such as nonsurgical skin tightening, body contouring and scar
revision.
Company Profiles and Competitive Intelligence:
The major players operating in the global spa
mass and mid-range furniture market are
·
Gharieni Group GmbH,
Lemi Group,
·
Nilo The Spa Industry,
·
Oakworks, Inc.,
·
Earthlite LLC,
·
TouchAmerica,
·
Collins Manufacturing
Company,
·
Guangzhou AP
International,
·
Custom Craftworks,
·
Pibbs Industries,
·
Design X Manufacturing
·
Among
others.
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