The global hand massager market size is projected to experience speedy growth owing to the increasing physical activities for different purposes, finds Fortune Business Insights in its report, titled “Hand Massager Market, 2023-2030”.
The massaging equipments are gaining importance around the world due to the increasing number of physical activities such as gym work-out, playing badminton or tennis, and others. All such activities require the movement of hands for different purposes. Hence, there has been an increasing demand for hand massager across several regions which can help to reduce the muscle pain and restore blood flow in hands and palms. These are the major factors contributing the growth of this market. Further, the hand massager can be used as per the user’s convenience at any point of time in the places such as gym, at home or in office. This is also an important factor responsible for this market’s growth.
The COVID-19 pandemic and the social distancing norms imposed by the governments across the world have forced a majority of the world population to work from their respective homes. Hence, due to this sedentary lifestyle and long working hours, there has been a rising demand for hand massager in several regions of this market. Thus, the COVID-19 pandemic has had a positive impact on the growth of this market.
However, the increasing number of massage parlors across several regions is projected to hinder the growth of this market.
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List of Key Players Covered in Hand Massager Market Report:
- S. Jaclean Inc.
- HoMedics Group Canada Co. LLC
- Wahl Clipper Corporation
- ProSqueeze
- Cotsoco
- PalmPower
- Purologyhand
Highlights/Summary:
The report attempts to put forth a comprehensive understanding of the overall industry trends and outlook. It also provides a microscopic assessment of the market drivers, segments, and restraints, along with a holistic analysis of the regional developments in the market. Topping these factors is an exhaustive examination of the competitive landscape of the market, powered by industry-leading market research.
Drivers/Restraints:
Rising Demand for Hand Massager among the Working Population to Fuel the Market
There is an increasing demand for hand massager among the people who are constantly working on computers or laptops for longer time duration. Hence, the use of hand massager by the working population can prove to be effective which helps to reduce the pain and gives a relaxing effect. This is a vital factor contributing to the growth of this market. For instance, Jaclean Inc. offers a palm massager which possesses heating feature which provides heated compression massage to the user from the area of fingers to the wrist.
Market Segmentation:
On the basis of product type, this market is classified into electric and manual. By application, the market is divided into personal and commercial. In terms of geography, the market is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Regional Insights:
Increasing Awareness about Self-Care and Wellness to Boost the North America Market Growth
North America region is projected to witness substantial growth in the hand massager market share on account of the rising awareness among consumers about the self-care and wellness. Further, the wide availability of high quality massage products in this region is projected to fuel this market’s growth.
Asia Pacific region is anticipated to grow rapidly in this market due to the rising disposable income and improved standard of living of the people in this region. Further, the growing e-commerce industry in this region is expected to propel this market’s growth.
Competitive Landscape:
Strong Focus on Development of User-Friendly Hand Massagers by Key Players to Feed Competition
The leading companies in the hand massager market are focusing on manufacturing of user-friendly and portable hand massaging products with advanced features that help in relaxation of the body. This has resulted in the increasing competition among key companies which will help them to expand their business operations and widen their market foothold.
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