Global Home Saunas Market Overview:
A sauna is a small, usually wooden, room that produces dry heat. Various ways to heat a sauna including a stove, electricity or hot rocks. One can get steam sauna by heating stones, adding water to the rocks, furthermore increases the humidity of the space. Saunas have been around for thousands of years and are still popular today. Saunas can help people relax and unwind and may have other health benefits. Increasing disposable income, increasing spending ability, and consumption patterns of millennials are the factors driving the home sauna market
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Technological Advancements of Saunas and Growing Adoption of Virtual Reality.
Market Growth Drivers:
Increasing Health Consciousness among the Population, Growing Disposable Income, Growing Spending Power, And Spending Patterns Of Millennials and Increasing Consumer Propensity for Premium Wellness Services
Challenges:
High Treatment Cost and Dearth of Skilled Professionals
Restraints:
High Installation and Maintenance Cost of Saunas
Opportunities:
Growing Investment and Development of Smart Homes across the Globe
Competitive Landscape:
Home Saunas is a fragmented market due to the presence of a large number of established competitors. Key players focus on innovating and developing new strategies to maintain their market position and customer base. The company is also planning strategic activities such as partnerships, collaborations, mergers, and acquisitions that help it maintain its position in the market and maintain its competitive edge.
Some of the key players profiled in the report are Sauna Works (United States), Amerec (United States), Radiant HealthSaunas (Canada), Clearlight (California), Dynamic Sauna (United States), Rocky Mountain Saunas (United States), SunStream Saunas (Canada), Sunlighten (United States), CEMI (South America), Leking Wellness (England) and Physiotherm (Europe). Additionally, following companies can also be profiled that are part of our coverage like Health Mate (United States), Rocky Mountain Saunas (United States), AVEW Holdings Inc. (Texas) and KLAFS (Europe). Considering Market by Materials Used, the sub-segment i.e. Benches will boost the Home Saunas market. Considering Market by Temperature Range, the sub-segment i.e. 100-125 Degrees will boost the Home Saunas market.
Latest Market Insights:
In January 2019, Almost Heaven Saunas was acquired by Harvia, a leading manufacturer of sauna heaters and components. Harvia Oyj has acquired Almost Heaven Saunas, an American sauna manufacturer. The acquisition enabled Harvia to provide Almost Heaven Saunas with additional products and resources to better serve its North American customers and continue to grow in its consumer sauna business.
In September 2021, Infrared industry leaders teamed up to innovate new sauna technology. Infrared helps the human body naturally. Infrared isn't just a trend, with myriad health benefits including heart health, circulation, detoxification, anti-aging, longevity, immunity, and muscle recovery. Sunlighten, a global leader in infrared saunas and portable light therapy, has partnered with Hologenix, creators of the CELLIANT infrared responsive fabric found in numerous performance, recovery, and sleepwear brands, to enhance the sauna experience further.
What Can be Explored with the Home Saunas Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Home Saunas Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Home Saunas
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Home Saunas market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Home Saunas market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sauna and Spa Manufacturers, End Users, Raw Material Suppliers and Government Bodies & Regulating Authorities.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.