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Bullboard - Stock Discussion Forum Panasonic Holdings Ord Shs PCRFF

Panasonic Holdings Corp, formerly Panasonic Corp, is a comprehensive manufacturer of electronic products. The Company operates through five main segments. The Home Appliances segments is engaged in the development, manufacture, and sale of room air conditioners, large air conditioners, televisions, digital cameras, video equipment, audio equipment, and fixed-line telephones. Living Solutions... see more

PINL:PCRFF - Post Discussion

Panasonic Holdings Ord Shs > Massage Equipment Market to reach US$ 15.7 Billion by 2032
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Post by ivosmith on Dec 14, 2023 3:03am

Massage Equipment Market to reach US$ 15.7 Billion by 2032

According to the latest research report, the global massage equipment market size reached US$ 7.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.7 Billion by 2032, exhibiting a growth rate (CAGR) of 8.5% during 2024-2032.

Massage Equipment Market Trends and Drivers:

The massage equipment market is currently undergoing robust growth, driven by the increasing awareness of the physical and mental health benefits associated with massage therapy. As individuals continue to prioritize stress reduction, muscle relaxation, and overall well-being, there is a surge in demand for a variety of massage equipment, including massage chairs, handheld massagers, and massage cushions. Another significant factor contributing to this growth is the continuous increase in disposable income levels across various demographics and regions, expanding the accessibility of these products to a larger customer base. Additionally, ongoing technological advancements in massage equipment play a crucial role as a major market driver. The integration of innovative features such as Bluetooth connectivity, customizable massage programs, and advanced control systems is significantly enhancing the overall user experience.

Request a free sample copy of the report: https://www.imarcgroup.com/massage-equipment-market/requestsample
 
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