Global Massage Guns Market Overview:
Demand for highly qualified massage and spa therapy has increased over the years, as many clubs and hotels want to add massage and spa treatments for maximum client pleasure. Spending more time at home during the epidemic prompted many people to prioritise personal fitness, including purchasing home exercise equipment, online classes, and fitness subscriptions. Massage guns impact body's soft tissue by using the power of percussive treatment. They are fundamentally supported by the same substantial scientific evidence that backs massage treatment as the best tool for aching muscles after an exercise. Everyone from casual gym goers to elite athletes to people suffering from chronic pain can benefit from utilising a massage gun to relieve muscular tension.
- Rising Fitness Awareness
- Increasing Demand for Home Use Massage Devices
- Growing Geriatric Population
- Increasing Demand across Emerging Regions
- Growing Number of Spa Businesses
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Theragun, LLC (United States), Lif Pro (M) Sdn Bhd (Malaysia), TIMTAM (United States), Hyper Ice, Inc. (United States), Renpho (United States), SKG (China), Every Fun (United States), DMS (United States), WellnEx (India) and PLENO Massager (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Massage Guns market by 2026. Considering Market by Category, the sub-segment i.e. Wired will boost the Massage Guns market. Considering Market by Distribution Channel, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Massage Guns market. Considering Market by End User, the sub-segment i.e. Individuals will boost the Massage Guns market.
Latest Market Insights:
On 6th May, 2021 - Hand & Stone Completed its Acquisition of Massage Experts (Leading Canada Based Massage Franchise). The Acquisition Strengthens Hand & Stone’s Position Across Canadian Market through Additional Units Hand & Stone’s Existing 32-Location Footprint In The Country.
On 5th May, 2020 - Theragun Launched A New Collection of “& It’s Better Than Ever” Massage Guns. These Theragun's New 4th Generation Devices Have A Similar Style to Earlier Versions And Have A Number of Advanced Features Such as Lower Noise and Unique Brushless Motors to Provide A Full Circle of Muscle Relief. and On 2nd February, 2020 - SKG Introduced its New F5 Massage Gun with Hot Compress. The F5 Percussion Massager Is the Newest Addition to SKG's Increasing Array of Massage Devices for Consumers of Varied Lifestyles and Activity Levels.
What Can be Explored with the Massage Guns Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Massage Guns Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Massage Guns
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Massage Guns market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Massage Guns market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Massage Guns Manufactures, New Entrants and Investors, Massage Guns Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Massage Guns Market?
The Massage Guns market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Massage Guns Market?
Top performing companies in the Global Massage Guns market are Theragun, LLC (United States), Lif Pro (M) Sdn Bhd (Malaysia), TIMTAM (United States), Hyper Ice, Inc. (United States), Renpho (United States), SKG (China), Every Fun (United States), DMS (United States), WellnEx (India) and PLENO Massager (United States), to name a few.
3. What trending factors would impact Massage Guns Market growth most?
"Emergence of Massage Guns with Advance Senor Technology" is seen as one of major influencing trends for Massage Guns Market during projected period 2020-2026.