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The massage chair industry is fueled by advancements in technology, affordability, the ageing demographic, and convenience. Enhanced algorithms and sensors improve massage experiences, while lower costs broaden accessibility.
As the elderly population grows, there is an increasing demand for convenient home-based muscle relief and relaxation solutions. Massage chairs provide this convenience, saving users time and money compared to traditional therapy sessions.
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
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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