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1 TechNavio Infiniti Research Research Limited v2680/ Publisher Sample Phone: (US) or or (Int'l) Hours: Monday - Thursday: 5:30am - 6:30pm EST Fridays: 5:30am - 5:30pm EST customerservice@marketresearch.com MarketResearch.com
2 technavio insights
3 01. Market Research Methodology Market Research Process TechNavio identifies the key opportunities in leading markets and develops various methodologies for data collection and analysis. The micro, meso, and macroeconomic indicators of the market are studied to ascertain the dynamics of the market. Research Design TechNavio s reports are based on in-depth qualitative and quantitative analyses of various markets. Qualitative analysis involves the application of various projection and sampling techniques, whereas quantitative analysis involves primary interviews, surveys, and vendor briefings. The data thus gathered is validated through experts' opinions. Based on research results and technical insights, TechNavio analysts refine the existing methodologies to analyze the various aspects of the market. Exhibit 1: Market Research Methodology Luxury Massage Chair Market in the US Source: TechNavio Analysis
4 TechNavio analysts gather inputs from various vendors and industry experts and verify the information collected with databases, financial reports, industry papers, and various other secondary sources. The impact of global economic conditions and other macroeconomic indicators are also considered while assessing the market. Research Methodology TechNavio analysts have adopted primary as well as secondary research techniques to ascertain the size and vendor landscape of the Luxury Massage Chair Market in the US. The information is obtained using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. The data is then corroborated with data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
5 02. Executive Summary Revenue Unit Shipment Market Size 2013: US$ XXX 2018: US$ XXX 2013: XXX 2018: XXX Revenue Unit Shipment Market Growth Rate 2014: XXX percent 2018: XXX percent 2014: XXX percent 2018: XXX percent CAGR Revenue: XXX percent Unit Shipment: XXX percent Key Customer Segments Non-commercial Customers Sector Key Market Drivers Key Market Challenges Key Market Trends Increased Health Benefits Driver 2 Driver 3 Increased Demand for Privacy Lack of Customization Challenge 2 Challenge 3 Increased Innovations in R&D Trend 2 Trend 3 Increased Luxury Massage Chairs with Sensor Control Key Buying Criteria Key Vendors Cost Ease of Use and Functions Portability Warranty Family Inada Co. Fujiiryoki Osaki Massage Chair Panasonic Corp.
6 03. Scope of the Report 03.1 Market Overview This report covers the present scenario and the growth prospects of the Luxury Massage Chair market in the US for the period To calculate the market size, the report considers the unit shipments and revenue generated from the sales of luxury massage chairs in the US. The report also presents the vendor landscape and a corresponding detailed analysis of the four key market vendors. In addition, it discusses the major drivers that influence the growth of the market and the challenges faced by vendors and the market at large. The report also outlines the key trends emerging in the market, which will contribute to the growth of the market during the forecast period Product Offerings Some of the products offered by the major vendors in the Luxury Massage Chair market in the US are listed below: Company Products Offered Family Inada Duet HCP-WG1000 Cube Plus HCP-WF30 3S HCP-S333 Embrace Deluxe HCP-N333 Zero-HCP G900 YUMERPBO HCP-R100 Sogno HCP STRATUS HCP-709 CIRRUS HCP-708 Fujiiryoki EC-3600 SKY LOUNGE FJ-4900 CYBER-RELAX EC-3700 CYBER-RELAX EC-3800 CYBER-RELAX FJ-4600 CYBER-RELAX FJ-4800 CYBER-RELAX Osaki Massage Chair Osaki OS-Pro Intelligent Osaki OS-2000 Combo Zero Gravity Massage Chair
7 OS-PRO MARQUIS - Zero Gravity Massage Chair OS-7200CR - Zero Gravity Massage Chair OS 3000 CHIRO, OS-3D Pro Dreamer - Zero Gravity Massage Chair Osaki OS 7200H Osaki OS 7075R Osaki OS 4000 Osaki OS 1500 Panasonic EP-MA70 Thermal EP30007Kx EP30005 EP-MA10 EP1285
8 04. Introduction A luxury massage chair is designed for easily getting a massage at home, in the office, or hotel and at the suitability of the user. A massage chair saves time and cost in visiting massage centers every day. There are two types of massage chairs available in the market: traditional massage chairs and robotic massage chairs. Exhibit 2: Massage Chairs by Type Source: TechNavio Analysis Massaging chairs available in the market vary tremendously in price, style, and intensity, from cheap "vibrate only" chairs to full intensity shiatsu models. The Luxury Massage Chair market in the US is expected to grow at a CAGR of 7.54 percent during the forecast period. Massage chairs have widely attracted the market because of their numerous benefits. They help to relax users at home after a long day of hard work. People working from home also prefer massage chairs because they not only increase the comfort level
9 but also help in preventing conditions such as weight gain, high blood pressure, and asthma. Therefore, luxury massage chairs are becoming very popular among consumers. The Luxury Massage Chair market in the US is driven by many growth factors, one of which is the increased health benefits that massage chairs provide. A massage chair not only relaxes and rejuvenates the body but also helps to prevent conditions such as high blood pressure, depression, poor circulation, and anxiety. Its cost-effectiveness in the long term is another major driver of the Luxury Massage Chair market in the US. Note: Information included in this sample are extracts of the full report Key Questions Answered in this Report What will the market size be in 2018 and what will be the growth rate? What are key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by key vendors? What are the strengths and weaknesses of each of these key vendors?
10 05. Market Landscape 05.1 Market Size and Forecast The Massage Service market in the US was valued at US$ XXX in 2013, and is expected to reach US$ XXX by 2018, growing at a CAGR of XXX percent. Exhibit 3: Massage Service Market in US: (US$ billion) Actual exhibits are available in full report only Source: TechNavio Analysis The Massage Service market in the US is one of the largest parts of the Healthcare market in the US. It offers many employment opportunities for massage therapists in a variety of ways. According to the BLS, there was a XXX percent growth in the category of outpatient care centers, which includes massage therapists. About XXX percent of massage therapists worked in a healthcare setting in Note: Information included in this sample are extracts of the full report.
11 06. Market Growth Drivers Some of the major drivers of the Luxury Massage Chair market in the US are discussed below: Increased Health Benefits Driver 2 Driver 3 Driver 4 Increased Health Benefits The increased work pressure has resulted in increased cases of stress. Most of the conditions are stress related, which can lead to weight gain, high blood pressure, depression, poor circulation, and anxiety. The change in lifestyle and rise in the standard of living of people have increased their health consciousness making them opt for stress-buster activities. Consumers are highly attracted toward luxury massage chairs because of the increased health benefits they provide. Massage releases good hormones such as endorphins, and serotonin, which promote deep relaxation and de-stressing of the mind. Note: Information included in this sample are extracts of the full report.
12 07. Market Challenges Some of the major challenges confronting the Luxury Massage Chair market in the US are discussed below: Lack of Customization Challenge 2 Challenge 3 Lack of Customization Massage chairs do not cover the entire body. These chairs follow a particular encoding to provide massage, and therefore are unable to reach some locations that are not specified in their program. In a table massage, the therapist can address the tensions and soreness effectively as required. Thus, issues related to customization are expected to affect the revenue in the Luxury Massage Chair market in the US during the forecast period. Note: Information included in this sample are extracts of the full report.
13 08. Market Trends Some of the major trends emerging in the Luxury Massage Chair market in the US are discussed below: Increased Innovations in R&D Trend 2 Trend 3 Trend 4 Increased Innovations in R&D The Luxury Massage Chair market in the US is witnessing an increased expenditure by vendors on their R&D activities. The market is witnessing many innovative applications and solutions. Vendors are working to increase the features of the massage chair and its effectiveness. In addition, vendors are working to reduce the cost of upgrades and maintenance. Also, the rapidly changing technologies and the changes in consumer preferences are forcing the vendors to deliver innovative chairs. Note: Information included in this sample are extracts of the full report.
14 09. Vendor Landscape 09.1 Competitive Scenario The Luxury Massage Chair market in the US is driven by growing concerns toward hygiene and rise in living standards. Depending upon the area to be massaged, there are different types of massage chairs available in the market. Developments in massage chair technology and improvements in the efficiency of massage chairs are expected to increase the demand for luxury massage chairs in the US during the forecast year. Therefore, to survive and succeed in the intensely competitive environment, it becomes imperative for the vendors in the market to distinguish their products and service offerings through a clear and unique value proposition Key News July 16, 2014: Osaki announces new Osaki OS-3D Pro Intelligent for luxurious massage chairs February 2014: Panasonic receives four awards in the 2013 Energy Conservation Grand Prize, two in the Product and Business Model category, and two in the Energy-saving Activities category February 2014: Panasonic develops the first loudspeaker using a diaphragm that is made with plant opals in bamboo leaves Note: Information included in this sample are extracts of the full report.
15 TABLE OF CONTENT 01. Executive Summary List of Abbreviations Scope of the Report Market Overview Product Offerings Market Research Methodology Market Research Process Research Methodology Introduction Massage Service Market in US: Overview Market Size and Forecast Demographics of US Population Facts about Consumers of Massage Therapy Massage Service Users (Generation, Gender, Education, and Income) Clients for Massage Services Luxury Massage Chair Market in US: Market Landscape Market Overview Market Size and Forecast By Revenue By Unit Shipment Working of a Massage Chair Five Forces Analysis Buying Criteria Market Growth Drivers Drivers and their Impact Market Challenges... 28
16 13. Impact of Drivers and Challenges Market Trends Trends and their Impact Vendor Landscape Competitive Scenario Key News Market Analysis Other Prominent Vendors Key Vendor Analysis Family Inada Key Facts Business Overview Recent Developments SWOT Analysis Fujiiryoki Key Facts Business Overview SWOT Analysis Osaki Massage Chair Key Facts Business Overview Product Segmentation Recent Developments SWOT Analysis Panasonic Key Facts Business Description Business Segmentation... 45
17 Revenue Segmentation by Business Sales by Geographical Segmentation Business Strategy Key Developments SWOT Analysis Other Prominent Vendors Cozzia USA Human Touch Infinite Creative Enterprises Johnson Health Tech Other Reports in this Series... 54
18 EXHIBITS Exhibit 1: Market Research Methodology... 5 Exhibit 2: Massage Chairs by Type... 7 Exhibit 3: Massage Service Market in US: (US$ billion)... 9 Exhibit 4: US Population: (million) Exhibit 5: Average Age of US Population: (units in years) Exhibit 6: Consumer Use of Massage Services in US: Exhibit 7: Massage Services Availed by Men and Women in US: Exhibit 8: Types of Clients for Massage Services Exhibit 9: Reasons for Receiving Massage in US in Exhibit 10: Luxury Massage Chair Market in US: (US$ million) Exhibit 11: Luxury Massage Chair Market in US: (thousand units) Exhibit 12: ASP of Luxury Massage Chair: (US$) Exhibit 13: Table Massage versus Chair Massage Exhibit 14: Comparison of Popular Luxury Massage Chairs in US Exhibit 15: Osaki Massage Chair: Product Segmentation Exhibit 16: Business Segmentation of Panasonic Exhibit 17: Revenue Segmentation of Panasonic
19 Sample - Luxury Massage Chair Market in the US Exhibit 18: Revenue Segmentation of Panasonic by Geography
20 Sample - Luxury Massage Chair Market in the US 10. Other Reports in this Series Global Aseptic Packaging Market Global Hygiene Adhesives Market Global Scuba Diving Equipment Market Scuba Diving Equipment Market in South Korea Global Vending Machine Market Global Folding Carton Market Global Returnable Transport Packaging Market Global Rubber Market Global Luggage Market Global ZigBee Enabled Devices Market Office Furniture Market in Russia Global Electronic Packaging Market Folding Carton Market in Latin America Global Retail Ready Packaging Market Global Household Appliance Market Global Built-in Dishwashers Market Global Consumer Electronics Market Global Gardening and Outdoor Living Market Global Toys and Games Market
21 Sample - Luxury Massage Chair Market in the US DISCLAIMER This report has been prepared from sources and data that we believe to be reliable, but we make no representation as to its accuracy or completeness. Any decision or action taken by the recipient based on this report shall be solely and entirely at the risk of the recipient. Opinions and information provided are made as at the date of the report issue and are subject to change without notice. All trademarks and copyrights remain the sole ownership of their rightful owners/licensees. In no event shall Infiniti Research have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with this report, even if Infiniti Research has been advised of the possibility of such damages. Copyright 2013 Infiniti Research Limited. All Rights Reserved. Reproduction without written permission is completely forbidden. ABOUT TECHNAVIO INSIGHTS TechNavio Insights is a customized set of reports based on the TechNavio platform. It builds on the intelligence available within TechNavio and leverages the custom research experience of our researchers. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and medium-sized companies in the technology space. For more information about TechNavio, please visit
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