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Report Eastern Asia - Mechano-Therapy Appliances and Massage Apparatus - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Mechano-Therapy Appliances and Massage Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Mechano-Therapy Appliances Market 2024

Mechano-Therapy Appliances Market Size in Eastern Asia

In 2022, the East Asian mechano-therapy appliances market decreased by -89.3% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, recorded a resilient expansion. The level of consumption peaked at $X in 2021, and then contracted markedly in the following year.

Mechano-Therapy Appliances Production in Eastern Asia

In value terms, mechano-therapy appliances production soared to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 50%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mechano-Therapy Appliances Exports

Exports by Country

China (X units) represented roughly 100% of total exports in 2022.

China was also the fastest-growing in terms of the mechano-therapy appliances and massage apparatus exports, with a CAGR of +57.2% from 2020 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest mechano-therapy appliances supplier in Eastern Asia.

In China, mechano-therapy appliances exports expanded at an average annual rate of +7.5% over the period from 2020-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, shrinking by -60.7% against the previous year. In general, the export price recorded a sharp reduction. The growth pace was the most rapid in 2021 when the export price increased by 17% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2020 to 2022, the rate of growth in terms of prices for China amounted to -31.6% per year.

Mechano-Therapy Appliances Imports

Imports in Eastern Asia

In 2022, the amount of mechano-therapy appliances and massage apparatus imported in Eastern Asia reached X units, increasing by 2.1% compared with 2021. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 266%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, mechano-therapy appliances imports shrank to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 23%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Taiwan (Chinese) was the major importer of mechano-therapy appliances and massage apparatus in Eastern Asia, with the volume of imports amounting to X units, which was approx. 74% of total imports in 2022. It was distantly followed by China (X units), creating a 26% share of total imports.

Taiwan (Chinese) was also the fastest-growing in terms of the mechano-therapy appliances and massage apparatus imports, with a CAGR of +10.4% from 2012 to 2022. China (-27.9%) illustrated a downward trend over the same period. While the share of China (+26 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Taiwan (Chinese) (-25.7 p.p.) displayed negative dynamics.

In value terms, Taiwan (Chinese) ($X) and China ($X) constituted the countries with the highest levels of imports in 2022.

Taiwan (Chinese), with a CAGR of +5.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, falling by -15.6% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by 1,025%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while Taiwan (Chinese) totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest mechano-therapy appliances consuming country in Eastern Asia, comprising approx. 61% of total volume. Moreover, mechano-therapy appliances consumption in China exceeded the figures recorded by the second-largest consumer, South Korea, threefold. Japan ranked third in terms of total consumption with a 13% share.
China constituted the country with the largest volume of mechano-therapy appliances production, comprising approx. 98% of total volume.
In value terms, China remains the largest mechano-therapy appliances supplier in Eastern Asia.
In value terms, South Korea, Japan and Hong Kong SAR were the countries with the highest levels of imports in 2021, together accounting for 83% of total imports.
In 2021, the export price in Eastern Asia amounted to $9,115 per ton, declining by -26.6% against the previous year.
The import price in Eastern Asia stood at $13,885 per ton in 2021, picking up by 7.9% against the previous year.

This report provides an in-depth analysis of the mechano-therapy appliances market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32502130 - Mechano-therapy appliances, massage apparatus, p sychological aptitude-testing apparatus (excluding wholly stationary mechano-therapy apparatus)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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