The global cold plunge tub market size is estimated to reach USD 426.8 million by 2030. The market is expected to expand at a CAGR of 4.1% from 2022 to 2030. The primary driver of the growth of the industry is the requirement to address the rising incidence of cases of inflammation, pain, and muscular soreness among athletes and in sports persons. Hydrotherapy is growing more popular among sportspeople and athletes, and patients are becoming more aware of its long term benefits. As an outcome, it is anticipated that the global market for cold plunge tubs would expand strongly over the forecast period.
Rising investments in private hospitals, healthcare facilities, spas, and the fitness industry will further fuel the growth of the industry. Both significant commercial and public healthcare facilities are emphasizing hydrotherapy as a kind of treatment, which will considerably support market share growth over the forecast period. Key companies witnessed their revenue and sales fall as a result of COVID-19's emergence, which had a huge impact on the industry. The market for cold plunge tubs has been severely damaged as a result. The COVID-19 pandemic has changed consumer habits and hampered the expansion of several businesses, particularly parts of the health and wellness sector, affecting almost every consumer category.
However, the pandemic has increased public awareness of health issues and mental wellbeing, necessitating the need for leisure time activities and underlining the need of leading a healthy lifestyle. The demand and interest of consumers for individual parts of health and wellness equipment, such as cold water plunge baths, is thus anticipated to rise. The commercial application category accounted for the largest market share and is expected to maintain the steady growth over the forecast period. The usage of cold water tubs is adopted in the numerous commercial environments, including spas, gyms, sports training facilities, and other activity areas.
Due to increased demand for cold water baths among sportsmen, North America led the worldwide market and held the largest revenue share in 2021. Rising investments in the spa, fitness, and private health and wellness sectors are also anticipated to present significant potential for industry participants. During the projection period, Asia Pacific is anticipated to witness the fastest CAGR. The rapidly growing health and wellness industry as well as the growing populations of nations like India, China, Australia, and Japan will create new opportunities for the regional market.
Rising investments in private hospitals, healthcare facilities, spas, and the fitness industry will further fuel the growth of the industry. Both significant commercial and public healthcare facilities are emphasizing hydrotherapy as a kind of treatment, which will considerably support market share growth over the forecast period. Key companies witnessed their revenue and sales fall as a result of COVID-19's emergence, which had a huge impact on the industry. The market for cold plunge tubs has been severely damaged as a result. The COVID-19 pandemic has changed consumer habits and hampered the expansion of several businesses, particularly parts of the health and wellness sector, affecting almost every consumer category.
However, the pandemic has increased public awareness of health issues and mental wellbeing, necessitating the need for leisure time activities and underlining the need of leading a healthy lifestyle. The demand and interest of consumers for individual parts of health and wellness equipment, such as cold water plunge baths, is thus anticipated to rise. The commercial application category accounted for the largest market share and is expected to maintain the steady growth over the forecast period. The usage of cold water tubs is adopted in the numerous commercial environments, including spas, gyms, sports training facilities, and other activity areas.
Due to increased demand for cold water baths among sportsmen, North America led the worldwide market and held the largest revenue share in 2021. Rising investments in the spa, fitness, and private health and wellness sectors are also anticipated to present significant potential for industry participants. During the projection period, Asia Pacific is anticipated to witness the fastest CAGR. The rapidly growing health and wellness industry as well as the growing populations of nations like India, China, Australia, and Japan will create new opportunities for the regional market.
Cold Plunge Tub Market Report Highlights
- North America accounted for the largest revenue share of around 40.0% in 2021, on account of rising sports and recreational activities, rising focus on health and wellness, and disposable income
- In Asia Pacific, the market is expected to witness the highest CAGR over the forecast period owing to developing wellness and healthcare sectors in the region
- By application, the commercial segment dominated the market and accounted for around 80.0% in 2021. The growth is mainly driven by adoption of cold water bath tubs at spas, sports training centers, gyms, and other activity areas
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Products & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Application Outlook
2.3. Regional Outlook
Chapter 3. Cold Plunge Tub Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
3.4 Technology Overview
3.5 Regulatory Framework
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.2 Market restraint Analysis
3.6.3 Industry challenges
3.7 Business Environment Analysis
3.7.1 Porter’s Analysis
3.7.1.1 Threat of new entrants
3.7.1.2 Bargaining power of suppliers
3.7.1.3 Bargaining power of buyers
3.7.1.4 Threat of substitutes
3.7.1.5 Competitive rivalry
3.7.2 PESTLE Analysis
3.7.2.1 Political Landscape
3.7.2.2 Environmental Landscape
3.7.2.3 Social Landscape
3.7.2.4 Technology Landscape
3.7.2.5 Economic Landscape
3.7.2.6 Legal Landscape
3.7.3 Major Deals & Strategic Alliances Analysis
3.8 Market Entry Strategy
3.9 COVID-19 Impact Analysis
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Cold Plunge Tub Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2021 & 2030
5.2. Commercial
5.2.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
5.3. Residential
5.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
Chapter 6. Cold Plunge Tub Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2021 & 2030
6.2. North America
6.2.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.2.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.2.3. U.S.
6.2.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.2.3.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.2.4. Canada
6.2.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.2.4.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.2.5. Mexico
6.2.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.2.5.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.3. Europe
6.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.3.3. U.K.
6.3.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3.3.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.3.4. Germany
6.3.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3.4.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.3.5. France
6.3.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3.5.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.3.6. Italy
6.3.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3.6.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.3.7. Spain
6.3.7.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.3.7.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.4.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.4.3. China
6.4.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.4.3.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.4.4. India
6.4.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.4.4.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.4.5. Japan
6.4.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.4.5.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.4.6. South Korea
6.4.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.4.6.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.4.7. Australia
6.4.7.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.4.7.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.5. Central & South America
6.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.5.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.5.3. Brazil
6.5.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.5.3.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.6. Middle East & Africa
6.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.6.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
6.6.3. South Africa
6.6.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
6.6.3.2. Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
Chapter 7. Competitive Analysis
7.1 Key Players’ Recent Developments & Their Impact
7.2 Strategies Adopted By Major Players During COVID-19 Pandemic
7.3 Vendor Landscape
7.4 Public Companies
7.4.1 Company Market Position Analysis
7.5 Private Companies
7.5.1 List of Key Emerging Companies/Technology Disruptors/Innovators
Chapter 8. Company Profiles
8.1. Hotbarrel
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. The Ice Bath Co.
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Ice Barrel
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Cold Tub
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. iCool
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Renu Therapy
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Plunge
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Brass Monkey Health Ltd.
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives
8.9. Jacuzzi Inc.
8.9.1. Company Overview
8.9.2. Financial Performance
8.9.3. Product Benchmarking
8.9.4. Strategic Initiatives
8.10. BuiltHQ
8.10.1. Company Overview
8.10.2. Financial Performance
8.10.3. Product Benchmarking
8.10.4. Strategic Initiatives
List of Tables
1. Cold Plunge Tub Market - Key Market Driver Analysis
2. Cold Plunge Tub Market - Key Market Restraint Analysis
3. Global Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
4. Global Cold Plunge Tub Market Estimates And Forecast By Commercial, from 2017 - 2030 (USD Million)
5. Global Cold Plunge Tub Market Estimates And Forecast By Residential, from 2017 - 2030 (USD Million)
6. Global Cold Plunge Tub Market Estimates And Forecast, By Region 2017 - 2030 (USD Million)
7. Global Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
8. North America Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
9. North America Cold Plunge Tub Market Estimates And Forecast, By Application, 2017 - 2030 (USD Million)
10. U.S. Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
11. U.S. Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
12. Canada Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
13. Canada Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
14. Mexico Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
15. Mexico Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
16. Europe Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
17. Europe Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
18. U.K. Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
19. U.K. Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
20. Germany Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
21. Germany Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
22. France Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
23. France Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
24. Italy Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
25. Italy Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
26. Spain Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
27. Spain Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
28. Asia Pacific Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
29. Asia Pacific Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
30. China Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
31. China Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
32. India Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
33. India Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
34. Japan Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
35. Japan Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
36. Australia Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
37. Australia Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
38. South Korea Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
39. South Korea Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
40. Central & South America Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
41. Central & South America Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
42. Brazil Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
43. Brazil Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
44. Middle East & Africa Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
45. Middle East & Africa Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
46. South Africa Cold Plunge Tub Market Estimates And Forecast, 2017 - 2030 (USD Million)
47. South Africa Cold Plunge Tub Market Estimates And Forecast By Application, 2017 - 2030 (USD Million)
48. Vendor landscape
List of Figures
1. Cold Plunge Tub Market Snapshot
2. Cold Plunge Tub Market Segmentation & Scope
3. Cold Plunge Tub Market Penetration & Growth Prospect Mapping
4. Cold Plunge Tub Market Value Chain Analysis
5. Cold Plunge Tub Market Dynamics
6. Cold Plunge Tub Market Porter's Analysis
7. Cold Plunge Tub Market: Application Movement Analysis
8. Cold Plunge Tub Market: Regional Movement Analysis
Companies Mentioned
- Hotbarrel
- The Ice Bath Co.
- Ice Barrel
- Cold Tub
- iCool
- Renu Therapy
- Plunge
- Brass Monkey Health Ltd.
- Jacuzzi Inc.
- BuiltHQ
Methodology
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