Malaysia Massage Chair Market By Product Type (Zero Gravity v/s Inversion) By Player Type (Branded v/s Non-Branded) By Sales Channel (Direct Sales, Channel Sales, E-Commerce) By Source (Domestic v/s Import) By Purpose (For Relaxation v/s Medical) By End Use (Commercial v/s Residential) By Company, By Region, Forecast & Opportunities, 2027

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Summary

Report Description

Malaysia massage chair market is expected to grow at a significant rate during the forecast period. Busy lifestyle of adults and millennials is contributing to raise serious health concerns such as back pains or stiffness in muscles due to prolong sitting at the same place for a longer time. Massage chair aids in relaxing the muscles and provides healing to previous injuries and other pain affecting the body adversely. Work culture of offices and commercials spaces is leading customers to opt for relaxation centers such as massage and spa treatments, but due to less amount of time available for leisure activities several people for opting for robotic massage chairs which takes lower time as compared to traditional massage chairs and requires no travelling to massage treatment centers. Ease of convenience is fueling the market demand for massage chairs in Malaysia. Full massage treatment can lead to curing of several diseases if used at a regular basis thereby aiding the demand of massage chairs. Also, health condition of consumers is degrading at a rapid pace due to increase in blood pressure and the rise in cases of obesity owing to unhealthy eating habits and sedentary lifestyle. Rising affordability for ownership of massage chairs in addition for growing preference for personal massage chair to avoid the hassles of visiting massage parlors and spa treatments and privacy concerns is propelling the market for massage chairs in Malaysia. Technological innovations and upgradation of existing technology to enhance the performance of massage chairs and to add more comfort and luxury to massage chairs is attributing to accelerate the Malaysia massage chair market.

Malaysia massage chair market is segmented into product type, player type, sales channel, source, purpose, end use, region, and company. Based on sales channel, market is further categorized into direct sales, channel sales and E-commerce. E-commerce segment is expected to hold major market share for the projected period, 2023-2027. Increase in penetration of E-commerce industry and rising awareness about online transactions is bolstering the E-commerce sale of massage chairs in Malaysia.

The major players operating in the Malaysia massage chair market are Osim (M) SDN BHD, Healthy World Lifestyle SDN. BHD. (Ogawa Malaysia), SnowFit Malaysia, GINTELL (M) Sdn Bhd, Healthy Space Sdn Bhd (Zero-Beyond Wellness), ITSU World Sdn Bhd, Miuvo Massagers, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of Malaysia massage chair market from 2017 to 2020.
  • To estimate and forecast the market size of Malaysia massage chair market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Malaysia massage chair market based on product type, player type, sales channel, source, purpose, end use, region, and company.
  • To identify dominant region or segment in the Malaysia massage chair.
  • To identify drivers and challenges for Malaysia massage chair.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Malaysia massage chair.
  • To identify and analyze the profile of leading players operating in Malaysia massage chair.
  • To identify key sustainable strategies adopted by market players in Malaysia massage chair market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Malaysia massage chair market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Massage chair manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to massage chair market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         Player Type

·         Sales Channel  

·         Source

·         Purpose

·         End Use

Region Scope

East Coast Region, Southern Region, Northern Region, East Region, Central Region

Key Companies Profiled

Osim (M) SDN BHD, Healthy World Lifestyle SDN. BHD. (Ogawa Malaysia), SnowFit Malaysia, GINTELL (M) Sdn Bhd, Healthy Space Sdn Bhd (Zero-Beyond Wellness), ITSU World Sdn Bhd, Miuvo Massagers

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Malaysia massage chair market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Malaysia Massage Chair Market, By Product Type:

    • Zero Gravity
    • Inversion
  • Malaysia Massage Chair Market, By Player Type:
    • Branded
    • Non-Branded
  • Malaysia Massage Chair Market, By Sales Channel:
    • Direct Sales
    • Channel Sales
    • E-Commerce
  • Malaysia Massage Chair Market, By Source:
    • Domestic
    • Import
  • Malaysia Massage Chair Market, By Purpose:
    • For Relaxation
    • Medical
  • Malaysia Massage Chair Market, By End Use:
    • Commercial
    • Residential
  • Malaysia Massage Chair Market, By Region:
    • East Coast Region
    • Southern Region
    • Northern Region
    • East Region
    • Central Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Malaysia massage chair market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Malaysia massage chair market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Malaysia Massage Chair Market

4.    Executive Summary

5.    Voice of Customers

6.    Malaysia Massage Chair Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Zero Gravity v/s Inversion)

6.2.2.     By Player Type (Branded v/s Non-Branded)

6.2.3.     By Sales Channel (Direct Sales, Channel Sales, E-Commerce)

6.2.4.     By Source (Domestic v/s Import)

6.2.5.     By Purpose (For Relaxation v/s Medical)

6.2.6.     By End Use (Commercial v/s Residential)

6.2.7.     By Region

6.2.8.     By Company (2021)

6.3.  Product Market Map

7.    Malaysia Zero Gravity Massage Chair Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Player Type (Branded v/s Non-Branded)

7.2.2.     By Sales Channel (Direct Sales, Channel Sales, E-Commerce)

7.2.3.     By Source (Domestic v/s Import)

7.2.4.     By Purpose (For Relaxation v/s Medical)

7.2.5.     By End Use (Commercial v/s Residential)

8.    Malaysia Inversion Massage Chair Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Player Type (Branded v/s Non-Branded)

8.2.2.     By Sales Channel (Direct Sales, Channel Sales, E-Commerce)

8.2.3.     By Source (Domestic v/s Import)

8.2.4.     By Purpose (For Relaxation v/s Medical)

8.2.5.     By End Use (Commercial v/s Residential)

9.    Market Dynamics

9.1.     Drivers

9.2.     Challenges

10.  Import-Export Analysis

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  Product Benchmarking

14.  Pricing Analysis

15.  Demand-Supply Gap Overview

16.  Malaysia Economic Profile

17.  Competitive Landscape

17.1.    Competition Outlook

17.2.    Company Profiles

17.2.1.  Osim (M) SDN BHD

17.2.2.  Healthy World Lifestyle SDN. BHD. (Ogawa Malaysia)

17.2.3.  SnowFit Malaysia

17.2.4.  GINTELL (M) Sdn Bhd

17.2.5.  Healthy Space Sdn Bhd (Zero-Beyond Wellness)

17.2.6.  ITSU World Sdn Bhd

17.2.7.  Miuvo Massagers

18. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Busy lifestyle of adults and millennials along with surging trends of spas, and relaxing centers in the country are driving the growth of the Malaysia massage chairs market in the forecast period, 2023-2027.

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Osim (M) SDN BHD, Healthy World Lifestyle SDN. BHD. (Ogawa Malaysia), SnowFit Malaysia, GINTELL (M) Sdn Bhd, Healthy Space Sdn Bhd (Zero-Beyond Wellness), among others are some of the leading companies dedicated toward providing related products and services and support the future growth of the Malaysia massage chairs market in the upcoming five years.

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The Malaysia massage chairs market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Sakshi Bajaal

Principal Consultant
Press Release

Malaysia Massage Chair Market to grow at a Significant Rate through 2026

Apr, 2021

Preference for personal care and quality living standards is expected to drive the demand for Malaysia massage chair market in forecast period.

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