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NEW YORK, Sept. 9, 2022 /PRNewswire/ — One of the key trends in the massage guns market include the growing prominence of online shopping. Online platforms enable customers to choose from a wide range of products under different price ranges, categories, and brands. E-commerce platforms allow customers to compare and collect information about massage guns of various brands and provide valuable feedback through reviews and ratings. Reviews from existing customers help new ones make informed buying decisions in terms of selecting the right product. Such factors will contribute to the market growth during the forecast period.
The global massage guns market size is expected to grow by USD 230.07mn between 2021 and 2026. However, the growth momentum of the market will decelerate at a CAGR of 7.2% during the forecast period, according to Technavio’s latest report.
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The massage guns market is fragmented due to the presence of many global, regional, and local vendors. Vendors are deploying growth strategies such as brand, labor, quality, and innovation to compete in the market. They are also placing a strong emphasis on creating novel products as well as establishing their brands and brand equity.
- Balkowitsch Enterprises Inc. – The company offers a massage gun named DMS professional deep muscle stimulator massager for muscle pain.
- Hydragun – The company offers massage gun products named M3 Pro Red, M3 Pro Blue, M3 Pro Black, M3 Pro Silver and M7 Pro.
- Hyperice Inc – The company offers a massage gun named Hydragun Massage Gun, which has a speed of 3200RPM.
- Legiral – The company offers massage guns for different parts of the body. Some of the products include Hypervolt, Hyperice X, Normatec, Venom, Vyper, and Hypersphere.
- Massage Guns Ireland – The company offers massage guns product such as Sonic Plus Percussion Massage Gun, Sonic Handheld Percussion Massage Gun, Sonic Pro Percussion Massage Gun, DynaMini Massage Gun, Sonic X Personal Percussion Massage Gun, Sonic LX Professional Percussion Massage Gun, Dynaflex Massage Gun, and Sonic M1 Massage Gun.
The massage guns market has been segmented by end-user (individuals, athletes, trainers, and chiropractors) and geography (North America, EuropeAPAC, South Americaand Middle East and Africa). By end-user, the individuals segment will witness maximum growth during the forecast period owing to steady rise in the aging population. By geography, North America will account for 39% of the market’s growth during the forecast period. The growth of the market in North America can be attributed to factors such as cumulative rise in per-capita incomes, coupled with the steady rise in the millennial population.
The use of massage guns to alleviate pain and stress is driving the growth of the market. The demand for massage guns to control muscle pain and various other health issues has increased in recent years. Moreover, vendors are investing in innovative massage guns for multiple purposes. The use of massage guns can prevent the formation of toxins such as lactic acid and increase blood circulation. It also helps control severe body pain, which eliminates the need for painkillers. These advantages will drive market growth during the forecast period.
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- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist massage guns market growth during the next five years
- Estimation of the massage guns market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the massage guns market across North America, EuropeAPAC, South Americaand Middle East and Africa
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of massage guns market vendors
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Luxury Massage Chair Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025
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Massage Guns Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
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Full story available on Benzinga.com
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