RnRMarketResearch.com adds Global Luxury Massage Chair Market 2016-2020 a new research reports in its store. The analysts forecast global luxury massage chair market to grow at a CAGR of 5.92% during the period 2016-2020.
Complete luxury massage chair market report is available at http://www.rnrmarketresearch.com/global-luxury-massage-chair-market-2016-2020-market-report.html .
Luxury massage chair market analyst said the latest trend of online furniture stores is driving the growth of the global luxury massage chair market during the forecast period. Retailers and mass brands have adopted omnichannels or channel agnostic distribution strategies to keep pace with consumer expectations. Retailers are developing compelling online services to enhance the value proposition for customers. Online platforms are not just digital catalogs anymore; they have evolved over time to provide detailed description and reviews of the products. Vendors such as Herman Miller sell furniture online as well as physically.
According to the report, a large number of individuals are opting for massage chairs for its health benefits such as the release of good hormones, like endorphins and serotonin, which promote deep relaxation and de-stresses the mind. Massage chairs help to eliminate fatigue, relieve nerve and muscle pain, and loosen tense muscles. It also boosts energy, alertness, and productivity; increases circulation; helps prevent repetitive-stress injuries; relaxes and rejuvenates; and relieves emotional stress.
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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 landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
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 report covers the present scenario and the growth prospects of the global luxury massage chair market for 2015-2020. To calculate the market size, the report considers the revenue generated from the sale of luxury massage chairs provided by the companies worldwide
Key players are Family Inada, Fujiiryoki, Osaki Massage Chair, and Panasonic, Cozzia USA, Fujita Massage Chair, Infinite Creative Enterprises, Johnson Health Tech, LURACO Technologies, and Osim International.
Further, the report states that issues related to space and weight restricts the market growth.
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