Foot Massage Machine Market Global Opportunity Analysis and Industry Forecast, 2020-2027

[sonali sharma]

Foot massager is a machine that is used for relaxing feet, that ultimately relaxes the foot nerves, improves blood flow, alleviates pain, releases toxins, replenishes overall energy, and improves the mood. Chronic pain has been troubling a large number of population and a medicine-free cure for this comes from massage, nowadays the foot massagers. Growing demand from elder population, increase in disposable income, and product affordability drive the foot massaging machines market growth.

Market scope and structure analysis:

Report Metric

Details

Market size available for years

2020–2027

Base year considered

2019

Forecast period

2021–2027

Forecast units

Value ($US)

Segments covered

Type, Application, Distribution Channel, Industry Vertical, and Region

Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

Companies covered

Yifang, Qianjin, Terumo, Suzuken, Qiaoxin, Taich, Beurer, Panasonic, Povos, HoMedics, Citizen, OSIM, Human Touch, Elk, Dingxiang, Pangao, Kenz, Wego, Huangwei, Sunpentown, FUJIIRYOKI, Emson.

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COVID-19 Scenario Analysis:
Shut down in manufacturing processes
The manufacturing process of foot massagers take place in industries and this processing has not been taking place for some time owing to the implications of COVID-19. This has led to a decline in the stock produce subsequently impacting the revenue.

Upsurge in demand from online platforms
Since visits by customers to the physical stores have not been continuing for many reasons, this has led to consumers switching from physical stores to online platforms. This increased demand arising from the e-commerce distribution channels.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Surge in application of foot massaging machines and their portability with advanced technology is anticipated to boost the market demand for the same. Massages have always been prominent for blood circulation and improving the nervous system and so the foot massagers attract a high demand from the consumers’ end as it avoids the expenses of visiting a masseuse. This product serves consumer needs at their convenience of being at home or carrying the product along with. Hence, the market is expected to experience growth with enhancements in technology and improvements in the types of product utility.

The global foot massage machine market trends are as follows:

New product launches to flourish the market
Massage has been a conventional exercise to relax the muscles and improve blood circulation in the body. The emergence of foot massagers that yield the utility of receiving a foot massage that does not require human intervention. This involves the use of electric foot massagers to massage the feet or legs of the applicant. The speed and intensity of the massage can be changed as per consumer requirements.

Availability of the product online
The consumer base can visit the hypermarkets and get an access to the foot massagers or they can visit the specialty stores of massing machines where the dealers trade in a single brand or in multiple brands. The latest ease is aided by the online channel of distribution where the customers can visit the web stores, surf for their desired products with compatible attributes, quality, brand, and price, compared with numerous products available in the range and get it conveniently delivered at home by saving time, efforts, and money. This one click accessibility allowed the customers to avail this facility from distant places as well.

Key Segments Covered:

Segments

Sub-segments

Type

Overall Foot Massager
Foot Massager with Roller
High-end Foot Massager
Foot Calf and Leg Massager
Portable Foot Massager
Application

Nerve Relaxation
Pain Relieving
Others
Distribution Channel

Hypermarkets
Specialty Stores
Online Platforms
Others
Industry Vertical

Consumer Goods
Electronics
Healthcare
Others

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Key Benefits of the Report:

This study presents the analytical depiction of the global foot massage machine industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global foot massage machine market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global foot massage machine market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global foot massage machine market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Foot massage machine Market Research Report:

What are the leading market players active in the foot massage machine market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?

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