According to a new report published by UnivDatos Markets Insights, the Back Massager Market was valued at more than USD XX billion in 2020 and is expected to grow at a CAGR of around 7.4% from 2022-2028.
According to a new report published by UnivDatos Markets Insights, the Back Massager Market was valued at more than USD XX billion in 2020 and is expected to grow at a CAGR of around 7.4% from 2022-2028. The analysis has been segmented into Type (Electromagnetic Massager, Vibration Massager, Infrared Massager and Others); Application Health Care, Eliminate Fatigue and Others); Region/Country.
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The Back Massager Market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Back Massager Market. The Back Massager Market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Back Massager Market at the global and regional levels.
Market Overview
One of the most frequent issues that the majority of people today experience is back discomfort. Back massagers are devices that help to relieve daily knots and aches and save a lot of money and time that consumers have to spend going to a chiropractor or neurologist. The demand for back massagers is expanding in the market as a result of increased back pain issues caused by increasing work pressure and a desk job. Recent technological developments and advancements have made it quite simple to treat back pain and support our bodies in maintaining their optimal functioning without generating any issues. Also, the back massagers have various health benefits such as it helps in improving blood circulation and can also assist as an over-the-counter therapeutic medication, specifically those back massagers with built-in heat setting.
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COVID-19 Impact
The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the consumer goods and healthcare industry and has transformed the way back massager is delivered. The back massager market has been significantly affected during these times owing to the shutdown of manufacturing plants and also the consumer goods and healthcare supply chain was severely affected during the pandemic.
The global back massager market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
· Based on type, the market is segmented into electromagnetic massager, infrared massager, vibration massager, and others. Electromagnetic Massager help relieve stress & pain from different muscles in the body. This massager emits low frequency pulse (EPS/EMS) technology to promote blood circulation and relax different muscle in the body.
· Based on application, the market is divided into health care, eliminate fatigue, and others. Health Care segment is accounting for a considerable market share of the back massager market in 2020. Fatigue refers to feeling overtired, with low energy and a strong desire to sleep that interferes with normal daily activities. Further, back massagers help to overcome fatigue and provide relaxation to the body.
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Back Massager Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)
· Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)
· Rest of the World
North America led the market with the highest revenue/market share in 2020. This is due to the presence of a large number of market players in the region, such as Liba USA, NAIPO, HoMedics Canada etc. Adding to this, increased spending on health and fitness is also anticipated to propel the market growth in this region. Furthermore, Asia-Pacific and European regions are most likely to show a hike in the growth in demand for back massagers owing to the rising working population which are more likely to suffer from back pain and give a boost to the global back massager market. Adding to this, increased spending on health and fitness is also anticipated to propel the market growth in this region. For instance, in October 2021, JSB Healthcare launched powerful 3D back full body massage chair with 3D back features in India. From height adjustment feature to spot massage, the chair has multiple features bringing enough relaxation to the body. Similarly, in May 2021, Therabody launched new massage roller, Wave Duo. This device is a wireless vibrating roller that helps to reduce neck and lower back pain.
The major players targeting the market include:
· Wahl Clipper Corporation
· Liba USA
· NAIPO
· Body Back Company
· HoMedics Canada
· Conair LLC
· Brookstone
· JSB Wellness
· HEALTHMATEFOREVER
· Human Touch
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the back massager market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the back massager market?
• Which factors are influencing the back massager market over the forecast period?
• What are the global challenges, threats, and risks in the back massager market?
• Which factors are propelling and restraining the back massager market?
• What are the demanding global regions of the back massager market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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