Global Neck Massagers Market Overview:
The Neck Massagers market is expected to witness high demand in the forecasted period due to huge growth in the online distribution channel. There are various advantages of Neck Massagers including Reduce pain and aches naturally. People tend to consume pain killers for alleviating neck and shoulder pain, provides relief for hard-to-reach areas, reduces stress, easy portability, loosen stiff muscles, saves money and time and suitable for everyone. Some of the key players profiled in the study are OSIM International (Romania), Fujiiryoki (Japan), Panasonic (Japan), Inada (United States), OGAWA (Singapore), HoMedics (United States), Human Touch (United States), Infinite Creative Enterprises (I.C.E.) (United States) and Cozzia (United States).
On the basis of geography, the market of Neck Massagers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online Distribution Channel will boost the Neck Massagers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Residential Usage
- The Low Prices Associated with Neck Massagers
- Increasing Demand due to Online Distribution Channel
- Upsurging Number of People with Nack Problems
- The Increasing Concern due to Availability of the Alternative
- Technological Innovations in the Neck Massagers
- High Adoption due to Attractive Promotional and Marketing Strategies
- Stringent Government Regulation Regarding Medical Equipment
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations.
Target Audience:Neck Massagers Manufactures, Neck Massagers Suppliers, Neck Massagers Distributors, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Neck Massagers market on the basis of product [Manual Neck Massagers, Vibrating Neck Massagers and Impulse Neck Massagers] , application [Household, Hospital, Office and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Neck Massagers market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Neck Massagers industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Neck Massagers market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.