Below are a few facts about hand held massagers found in Technavio’s market research report
High cost of a traditional massage is a key factor driving the growth of electronic handheld massager companies
Technavio’s analysts have identified the rising costs of a massage from a qualified massage therapist as a major factor that will drive this market during the forecast period. Various massage equipment manufacturers are focusing on making the best handheld massager to consolidate their shares in the market. Handheld massagers help relax the muscles of the body, promote the release of serotonin and endorphins, and improve the state of mind. An electronic handheld massager is easy to use and more affordable than visiting a massage therapist, which is likely to boost the growth of the market during the period of forecast. These driving factors are part of the reason why the market is expected to grow at a CAGR of almost 6%.
Want to know what goes into a Technavio report? Get a FREE sample to see selected illustrations and analysis straight from this report.
HoMedics, JSB Healthcare, and Panasonic are among the leading electronic handheld massager companies in the world
The global electronic handheld massager market is moderately fragmented with the presence of many international and regional vendors that offer the best handheld massager for the back, handheld massagers with heat, and more. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this electronic handheld massager industry analysis report will aid clients to identify new growth opportunities and design innovative strategies for business expansion.
The report offers a complete analysis of several companies, including:
- HoMedics
- JSB Healthcare
- Panasonic
- Thumper Massager
The Americas will be the primary driver of growth during the forecast period
Technavio’s market research report covers the following regions:
More than 40% of the market’s incremental growth is expected to come from the Americas over the next five years. In 2017, the Americas held the largest market share in the global electronic handheld massager market owing to increasing preference for self-massaging equipment and growing availability of products in the market, followed by EMEA and APAC. While APAC is predicted to witness a growth in their market share at the end of the forecast period, the Americas and EMEA are anticipated to face a nominal decline in their share over the next five years.
Key highlights of the global electronic handheld massager market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the electronic handheld massager market during the next five years
- Precise estimation of the electronic handheld massager market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the electronic handheld massager industry across various geographies such as the Americas, EMEA, and APAC
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of electronic handheld massager companies
Get more value with Technavio’s subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Start your 14-day FREE trial
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global electronic handheld massager market and its stakeholders over the forecast years.
Technavio’s analysts for the electronic handheld massager market have also considered how the performance of other related markets in the vertical will impact the size of this market until 2022. Some of the markets most likely to influence the growth of the electronic handheld massager market over the coming years are the luxury massage chair market and the health and wellness market.
Technavio also provides customized reports based on the specific requirement of our clients.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Segmentation by distribution channel
- Comparison by distribution channel
- Online stores
- Retail outlets
- Market opportunity by distribution channel
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Regional segmentation
- Regional comparison
- Americas
- EMEA
- APAC
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Ease of availability of products
- Massages at home
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- HoMedics
- JSB Healthcare
- Panasonic
- Thumper Massager
PART 15: APPENDIX