The massage therapy service market is estimated to be valued at USD 65.23 billion in 2024. The massage therapy services are predicted to rise at a promising CAGR of 8.4% from 2024 to 2034. The global market is anticipated to reach USD 146.13 billion by 2034.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2024 | USD 65.23 billion |
Projected Market Value in 2034 | USD 146.13 billion |
Value-based CAGR from 2024 to 2034 | 8.4% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Between 2019 and 2023, the massage therapy service market demonstrated a CAGR of 7.8%. This period reflects the historical analysis, indicating steady growth in the demand for massage therapy services during those years.
Looking ahead to the forecasted period from 2024 to 2034, experts project a slightly higher CAGR of 8.4%. This suggests that the market is expected to continue its growth trajectory, albeit at a slightly accelerated pace compared to the previous five years.
The historical CAGR reflects the performance of the market in the past, indicating a significant and consistent increase in demand for massage therapy services. The forecasted CAGR suggests optimism for continued growth in the market, driven by factors such as increasing awareness of health benefits, technological advancements, and rising disposable income levels.
Historical CAGR from 2019 to 2023 | 7.8% |
---|---|
Forecast CAGR from 2024 to 2034 | 8.4% |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The provided table illustrates the top five countries in terms of revenue, with China leading the list.
China leads the market due to its rapidly growing urban population and increasing adoption of holistic wellness practices. As urbanization accelerates and lifestyles become more stressful, a heightened demand for services alleviating stress, promoting relaxation, and addressing musculoskeletal issues.
The rich tradition of massage therapy, rooted in ancient healing practices such as Tui Na, positions it as a leader in the industry. Combining traditional knowledge with modern techniques and technologies allows China to offer a wide range of massage therapy services, catering to diverse consumer needs and preferences.
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 6.4% |
Canada | 7.2% |
France | 8.2% |
China | 13.4% |
Australia | 9.1% |
In the United States, massage therapy services are widely used due to the prevalent culture of high-stress work environments and hectic lifestyles.
The demand for massage therapy stems from the need to alleviate stress, reduce muscle tension, and enhance overall well-being in a society where individuals often face pressure and tight schedules.
The diverse population experiences a range of health concerns, including chronic pain, stress-related issues, and sports injuries. Massage therapy services are widely utilized in Canada to address these health challenges, offering effective solutions for pain management, injury rehabilitation, and stress relief and aligning with the focus on promoting holistic health and wellness.
France places a strong emphasis on leisure, relaxation, and self-care practices. Massage therapy services are extensively utilized in France to unwind, rejuvenate, and maintain overall well-being.
The French population values the therapeutic benefits of massage for stress reduction, improving circulation, and enhancing quality of life, making it an integral part of their lifestyle.
The rapid urbanization and modernization have increased stress levels and lifestyle-related health issues among its population. Massage therapy services are widely adopted in China to address these challenges by providing stress relief, relaxation, and pain management device solutions.
Traditional Chinese medicine principles, including massage techniques like Tui Na, contribute to the popularity and efficacy of massage therapy services in the country.
The active lifestyle culture and focus on sports and outdoor activities result in a high demand for massage therapy services. Australians utilize massage therapy for sports injury rehabilitation, muscle recovery, and enhancing athletic performance.
The aging population seeks massage therapy for pain management, mobility improvement, and overall wellness maintenance, driving the widespread use of massage services across Australia.
The below section shows the leading segment. The deep tissue massage service type is accounted to hold a market share of 43.2% in 2024. Based on service providers, the hotels and resorts segment is anticipated to hold a market share of 48.9% in 2024.
The rising demand for therapeutic solutions to address chronic muscle tension, sports injuries, and stress-related issues drive deep tissue massage services. Hotels/resorts are motivated to offer massage therapy services to enhance the guest experience and distinguish themselves from competitors.
Category | Market Share in 2024 |
---|---|
Deep Tissue Massage | 43.2% |
Hotels/Resorts | 48.9% |
In 2024, deep tissue massage services are projected to dominate the market, holding a substantial share of 43.2%. This indicates a strong preference among consumers for deep-tissue massages, known for their ability to target chronic muscle tension and promote relaxation.
The popularity of deep tissue massages can be attributed to their effectiveness in addressing various musculoskeletal issues and providing therapeutic benefits, appealing to individuals seeking relief from stress and physical discomfort.
The hotels/resorts segment is expected to capture a significant market share of 48.9% in 2024. This suggests that hotels and resorts play a pivotal role in offering massage therapy services to their guests as part of their wellness and relaxation amenities.
The prevalence of massage services in hotels and resorts reflects the recognition of the hospitality industry and the importance of providing holistic experiences to enhance guest satisfaction and differentiate their offerings. The convenience of accessing massage services within the comfort of a hotel or resort environment appeals to travellers seeking relaxation and rejuvenation during their stay.
Providers can carve out a niche and attract a loyal client base by tailoring services to specific customer needs and preferences. Embracing technological innovations for online booking systems and personalized treatment plans enhances convenience and customer satisfaction.
Expanding partnerships with healthcare professionals and corporate wellness programs broadens market reach and establishes credibility. Emphasizing these aspects allows providers to stay competitive and capitalize on the growing demand for holistic health solutions.
Some of the key developments are:
Attributes | Details |
---|---|
Estimated Market Size in 2024 | USD 65.23 billion |
Projected Market Valuation in 2034 | USD 146.13 billion |
Value-based CAGR 2024 to 2034 | 8.4% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD billion |
Key Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa |
Key Market Segments Covered | Service Type, Service Providers, Purpose, End User, Booking Channel, Region |
Key Countries Profiled |
The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
Key Companies Profiled |
Massage Envy; Hand and Stone Massage and Facial Spa; Elements Massage; Massage Heights; The Woodhouse Day Spa; MassageLuXe; Spavia; LaVida Massage; Massage Green Spa; InterContinental Hotels Group plc |
As of 2024, the market for massage therapy service is expected to be valued at USD 65.23 billion.
By 2034, the market value of the massage therapy service is expected to reach USD 146.13 billion.
From 2024 to 2034, the massage therapy service market is expected to flourish at a CAGR of 8.4%
The deep tissue massage segment is accounted to hold a share of 43.2% in 2024.
China is likely the top-performing market, with a CAGR of 13.4%.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Service Type 5.1. Deep Tissue Massage 5.2. Lymphatic Massage 5.3. Sports Massage 5.4. Oncology Massage 5.5. Swedish Massage 5.6. Others 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Service Provider 6.1. Massage Parlour 6.2. Hospital/Clinics 6.3. Resorts/Hotels 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Purpose 7.1. Beauty/Grooming 7.2. Relaxation 7.3. Physical Fitness 7.4. Treatment 7.5. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User 8.1. Men 8.2. Women 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Booking Channel 9.1. Online Booking 9.2. Phone Booking 9.3. In-Person Booking 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. South Asia and Pacific 10.6. East Asia 10.7. Middle East and Africa 11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 17. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 18. Key Countries Market Analysis 19. Market Structure Analysis 20. Competition Analysis 20.1. Massage Envy 20.2. Hand and Stone Massage and Facial Spa 20.3. Elements Massage 20.4. Massage Heights 20.5. The Woodhouse Day Spa 20.6. MassageLuXe 20.7. Spavia 20.8. LaVida Massage 20.9. Massage Green Spa 20.10. InterContinental Hotels Group plc 21. Assumptions & Acronyms Used 22. Research Methodology
Explore Consumer Product Insights
View Reports