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Market Size

South Korea Massage Chair Market Share, Size, Analysis: By Nature: Conventional, Robotic; By Product: Inversion Massage Chairs, Zero Gravity Massage Chairs, Targeted Massage Products, Others; By End-Use: Commercial, Residential; By Distribution Channel: Speciality Stores, Others; Competitive Landscape; 2024-2032

South Korea Massage Chair Market Size

The South Korea massage chair market reached a value of approximately USD 202.5 million in 2023. The market is projected to grow at a CAGR of 12.50% between 2024 and 2032, reaching a value of around USD 575.05 million by 2032.

 

South Korea Massage Chair Market Outlook

  • In South Korea, approximately 61.2% of respondents participated in regular sports activities at least once a week as of 2022.
  • In 2023, Jeonnam, Gyeongbuk, Jeonbuk, Gangwon, Busan, and Chungnam are projected to become super-aged regions with aged populations surpassing 20%.
  • As per Statistics Korea, in 2022, the employment rate among individuals aged 65 and older has been 36.2%.

 

South Korea Massage Chair Market Report Snapshots

South Korea Massage Chair Market Size

South Korea Massage Chair Market Growth

South Korea Massage Chair Market Trends

South Korea Massage Chair Market Share

South Korea Massage Chair Manufacturers

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface      
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    South Korea Massage Chair Market Overview

    8.1    Key Industry Highlights
    8.2    South Korea Massage Chair Historical Market (2018-2023) 
    8.3    South Korea Massage Chair Market Forecast (2024-2032)
9    South Korea Massage Chair Market by Nature
    9.1    Conventional
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Robotic
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    South Korea Massage Chair Market by Product
    10.1    Inversion Massage Chairs
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Zero Gravity Massage Chairs
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Targeted Massage Products
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Others
11    South Korea Massage Chair Market by End-Use
    11.1    Commercial
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Residential
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    South Korea Massage Chair Market by Distribution Channel
    12.1    Speciality Stores
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Supermarkets and Hypermarkets
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Online
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyer’s Power
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Bodyfriend Co., Ltd
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    LG Electronics, Inc. 
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    HUTECH Industry Co., Ltd.
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Bokjeong Formulation Co., Ltd 
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Fuji Medical Instruments Mfg. Co., Ltd
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Coway Co,Ltd
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    SK Magic Co.,Ltd
            14.2.7.1    Company Overview
            14.2.7.2    Product Portfolio
            14.2.7.3    Demographic Reach and Achievements
            14.2.7.4    Certifications
        14.2.8    H Solution
            14.2.8.1    Company Overview
            14.2.8.2    Product Portfolio
            14.2.8.3    Demographic Reach and Achievements
            14.2.8.4    Certifications
        14.2.9    Others
15    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    South Korea Massage Chair Market: Key Industry Highlights, 2018 and 2032
2.    South Korea Massage Chair Historical Market: Breakup by Nature (USD Million), 2018-2023
3.    South Korea Massage Chair Market Forecast: Breakup by Nature (USD Million), 2024-2032
4.    South Korea Massage Chair Historical Market: Breakup by Product (USD Million), 2018-2023
5.    South Korea Massage Chair Market Forecast: Breakup by Product (USD Million), 2024-2032
6.    South Korea Massage Chair Historical Market: Breakup by End-Use (USD Million), 2018-2023
7.    South Korea Massage Chair Market Forecast: Breakup by End-Use (USD Million), 2024-2032
8.    South Korea Massage Chair Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9.    South Korea Massage Chair Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10.    South Korea Massage Chair Market Structure

Key Questions Answered in the Report

The market was valued at USD 202.5 million in 2023.

The market is projected to grow at a CAGR of 12.50% between 2024 and 2032.

The revenue generated from the South Korea massage chair market is expected to reach USD 575.05 million in 2032.

The market is categorised according to nature, which includes conventional and robotic.

The market is categorised according to the product, which includes inversion massage chairs, zero gravity massage chairs, targeted massage products, and others.

The market key players are Bodyfriend Co., Ltd, LG Electronics, Inc., HUTECH Industry Co., Ltd., Bokjeong Formulation Co., Ltd, Fuji Medical Instruments Mfg. Co., Ltd, Coway Co., Ltd, SK Magic Co., Ltd, and H Solution among others.

Based on the end use, the market is divided into commercial and residential.

Based on the distribution channel, the market is divided into speciality stores, supermarkets, and hypermarkets, online, and others.

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