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Electric Head Scalp Massager Market size is set to grow by USD 481.5 million from 2024-2028, Increasing use of electric head scalp massagers to reduce anxiety and promote hair growth boost the market, Technavio

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NEW YORK, July 8, 2024 /PRNewswire/ — The global electric head scalp massager market size is estimated to grow by USD 481.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.26% during the forecast period. Increasing use of electric head scalp massagers to reduce anxiety and promote hair growth is driving market growth, with a trend towards leveraging internet platforms to create awareness. However, low penetration in emerging economies poses a challenge. Key market players include Breo Technology USA LLC, Caresmith, Comfier, Cotsoco, Lumi Therapy Co., Moglix, MOUNTRAX, OSIM International Pte. Ltd., Panasonic Holdings Corp., and Xiaomi Communications Co. Ltd..

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Electric Head Scalp Massager Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.26%

Market growth 2024-2028

USD 481.5 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

4.92

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 34%

Key countries

US, China, Germany, Italy, and Canada

Key companies profiled

Breo Technology USA LLC, Caresmith, Comfier, Cotsoco, Lumi Therapy Co., Moglix, MOUNTRAX, OSIM International Pte. Ltd., Panasonic Holdings Corp., and Xiaomi Communications Co. Ltd.

Market Driver

The Internet has significantly transformed the electric head scalp massager market by providing a platform for vendors to showcase their products and reach a larger audience. Websites hosted by companies or third-party providers offer features such as live chats, product comparisons, customer reviews, and e-commerce capabilities. This ease of access and interaction drives brand retention and visibility, leading to increased revenue and market share. The availability of detailed product information online enables consumers to make informed decisions and engage with fellow users. The electric head scalp massager market has experienced consistent growth due to the Internet’s ability to optimize search engines, making it easier for potential customers to discover these products. Major e-commerce platforms like Amazon and eBay offer a wide range of electric head scalp massagers, contributing to the market’s expansion. With increasing Internet penetration worldwide, the electric head scalp massager market is expected to continue growing, making the Internet an essential tool for promotion, distribution, and consumer education.

The Electric Head Scalp Massager market is experiencing significant growth due to increasing trends in self-care and stress relief. Anxiety and depression, headaches, and stress are common issues driving demand for scalp massage devices. These massagers offer sensory pleasure, mind relaxation, and relieve tension in the head, neck, and temples. They also increase blood circulation, which can promote hair growth, deep cleanse the scalp, and help with hair loss, dandruff, psoriasis, and other scalp-related issues. Advanced technology, such as smart head massagers, ergonomic designs, vibrations, oscillations, and kneading motions, target pressure points for maximum effect. The market caters to various segments including athletes, beauty salons, spas, and households. With the young population seeking at-home relaxation solutions, waterproof, handheld, and helmet-style massagers are popular choices. These devices provide advanced massage treatments for hair health, stress-related disorders, and headaches and migraines.

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Market Challenges

The electric head scalp massager market has shown significant growth in developed economies, particularly in the US. However, the penetration of these devices remains low in emerging markets, including South America, Africa, and other developing countries. Factors such as limited awareness, affordability, and preference for traditional massage methods are hindering the market’s expansion in these regions. Moreover, the low gross domestic product (GDP) in these countries further restricts the use of electric head scalp massagers. Despite their numerous benefits, the market growth in these areas may be impeded due to these challenges during the forecast period.The Electric Head Scalp Massager market is witnessing significant growth due to increasing demand from beauty salons and spas, as well as the young population seeking deep hair cleaning and addressing scalp-related issues. Headaches and tension are common concerns driving consumers to invest in advanced technology massagers with vibrations, oscillations, and kneading motions that stimulate pressure points. Self-care and stress-related disorders are key factors fueling the market’s growth. E-commerce platforms and online retailing have made at-home relaxation solutions more accessible, with smart features, improved ergonomics, and various types, including handheld, helmet, vibration, kneading, and percussion massagers. Challenges include ensuring quality control, innovation and differentiation, responsive customer service, and supply chain disruptions. Sustainable practices and well-being and self-care trends are also shaping the market. Salons, spas, healthcare facilities, and individual consumers are key buyers, with online and offline retail channels catering to their needs.

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Segment Overview

This electric head scalp massager market report extensively covers market segmentation by

Product1.1 Handheld1.2 HelmetGeography2.1 North America2.2 Europe2.3 APAC2.4 Middle East and Africa2.5 South America

1.1 Handheld- The handheld segment dominates the global electric head scalp massager market, driven by rising disposable income, increasing customer awareness, and advanced technological offerings. Handheld massagers provide numerous benefits, including stress relief, heat therapy for headaches, and improved sleep. Their portability, affordability, and compact size make them an appealing choice for consumers. Market players are investing in product innovations, expanding their product portfolios, and targeting developing economies to capitalize on growing demand. These factors will fuel the market’s growth during the forecast period. Handheld electric head scalp massagers offer a convenient and effective solution for relieving stress, promoting relaxation, and improving overall head and scalp health. Their popularity is on the rise due to their numerous advantages, making them a must-have personal care accessory for many consumers.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Electric Head Scalp Massager market is witnessing significant growth due to the increasing awareness of self-care and the need for at-home relaxation solutions. This innovative device offers various benefits, including relieving anxiety and depression, reducing headaches and stress, promoting hair growth, and providing sensory pleasure. The massager uses advanced technology, such as vibrations, oscillations, and kneading motions, to stimulate pressure points on the scalp and neck, improving blood circulation and tension relief. The warm oil feature adds an extra level of relaxation, especially for those suffering from scalp-related issues, headaches and migraines, and stress-related disorders. With an ergonomic design, these massagers are easy to use and can be purchased through e-commerce platforms, making them accessible to a wide audience.

Market Research Overview

The Electric Head Scalp Massager market is witnessing significant growth due to the increasing prevalence of anxiety and depression, headaches, and stress. These devices offer scalp massage for mind relaxation, relieving tension in the head and neck, and improving blood circulation. They stimulate hair growth by increasing blood flow to hair follicles and providing deep hair cleaning. Sensory pleasure and self-care are also driving factors, as these massagers offer advanced technology, ergonomic designs, and various massage techniques such as vibrations, oscillations, and kneading motions. They can be used with warm oil, shampoo, or even be waterproof for use in the shower. The market caters to individual consumers, salons and spas, healthcare facilities, and even athletes for post-workout relaxation. E-commerce platforms and online retailing have made these massagers accessible to a young population seeking at-home relaxation solutions for scalp-related issues and stress-related disorders. The market is innovating with smart features, improved ergonomics, and sustainable practices, while addressing quality control and responsive customer service to differentiate from competitors. However, supply chain disruptions and competition from manual massage treatments may pose challenges.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductHandheldHelmetGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Madison Liquidators Launches Office Essentials to Highlight Necessities Nationwide

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MADISON, Wis., Jan. 7, 2025 /PRNewswire/ — Madison Liquidators, a trusted name in online office furniture solutions, is excited to announce the launch of its Office Essentials campaign, a targeted initiative to help businesses and individuals create productive, ergonomic, and stylish work environments. The Office Essentials campaign focuses on providing high-quality, affordable office furniture basics tailored to the needs of modern workplaces. Madison Liquidators aims to simplify the shopping experience for office must-haves while delivering exceptional value to customers.

Some of the major highlights of the Office Essentials Campaign will include curated product lines, special promotions, as well as expert guidance. Curated product lines feature handpicked selections of office desks, chairs, storage solutions, and accessories from top brand partners. Expert guidance will be the crowning force in the essentials campaign as Madison Liquidators has always prioritized customer service. With this in mind, the expert guidance focus of the campaign offers personalized support from the company’s customer support team to help shoppers find the perfect solutions for their space and budget.

The Office Essentials campaign is an excellent time for businesses large and small to optimize their office space with everything they need to create a productive office space. This means the campaign will feature common items such as l-shape desks, ergonomic office chairs, storage cabinets, and conference tables. This will provide offices not only an incentive to update their spaces with quality office furniture but also to help new businesses understand other items necessary to office productivity like monitor arms, laptop stands, desk accessories, and keyboard trays.

The Office Essentials campaign is live now, with new products and deals updated on the Madison Liquidators website. The homepage has a tab dedicated to Office Essentials for shoppers to quickly navigate the essentials.  Since 2015, Madison Liquidators has been a leading provider of office furniture and solutions, offering a vast inventory of high-quality products to businesses and individuals nationwide. Known for its dedicated customer service, Madison Liquidators is dedicated to enhancing workspaces with furniture that marries efficiency with employee comfort and well-being.

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SOURCE Madison Liquidators

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BSI Financial Services SVP Allen Price Joins IMN Home Equity Investment Advisory Board

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IRVING, Texas, Jan. 7, 2025 /PRNewswire/ — BSI Financial Services, a national mortgage fintech platform, today announced that Allen Price has been selected to join the IMN Home Equity Investment Advisory Board. Price, who serves as senior vice president of sales, client and transaction management at BSI Financial Services, is the first mortgage servicing executive appointed to the Board.

The IMN Home Equity Investment Advisory Board is comprised of thought leaders and key stakeholders from servicing, capital markets, HEI originations and rating agency organizations who are dedicated to advancing the primary and secondary markets through innovation and strategic collaboration. Price’s position on the Advisory Board reflects BSI Financial’s growing prominence in the HEI space. BSI is a rated servicer that provides both full and backup servicing and asset management for rated and non-rated HEI backed securitizations, as well as non-securitized HEI assets. BSI Financial also services traditional home equity lines of credit (HELOC) and closed-end second lien loan products.

“I am deeply honored to join the IMN Home Equity Investment Advisory Board and to collaborate with such an accomplished group of mortgage and capital markets professionals,” Price said. “This opportunity allows me to continue to provide thought leadership and innovation to this very important and growing sector while bringing to the table BSI Financial’s unique perspective and expertise in servicing HEI assets.”

BSI Financial’s proprietary technology stack, including Libretto and BSI ASSET360, differentiates the company from other servicers. Libretto automates daily quality control, reducing processing errors and identifying potential issues before they impact customers. BSI ASSET360 provides lenders and investors with real-time visibility into asset status and performance. These systems help build consumer, originator, regulatory and investor confidence in the growing HEI sector.

BSI Financial has experienced substantial growth in its servicing portfolio of HEI assets. The company now services approximately $2.1 billion in unpaid principle balances across 22,000 units, establishing itself as a servicing industry leader in the home equity investment asset class.  

“Building world-class servicing operational processes to support the unique and bespoke nature of HEI assets that will provide homeowners with greater financial flexibility is exactly what BSI is all about,” said Harold Lewis, President and COO of BSI Financial Services.

For more information about BSI Financial Services and its contributions to the HEI market, visit https://bsifinancial.com/lender_landing_hei.html.

About BSI Financial Services 
BSI Financial Services is leading the evolution of mortgage servicing for originators, investors, and homeowners using a mortgage fintech platform. The company brings together a talented team with long mortgage industry expertise, scalable digital capabilities, and deep regulatory understanding. BSI Financial is one of the fastest-growing mortgage servicers across the industry and currently services nearly $50 billion in mortgages. The company is approved as a servicer by Fannie Mae, Freddie Mac, FHA, VA, and USDA, approved as an issuer by Ginnie Mae, and rated by S&P, Fitch and DBRS as a servicer. For more information, visit www.bsifinancial.com

PRESS CONTACT FOR BSI:
Mary McGarity
Strategic Vantage Marketing & Public Relations
203-260-5476
MaryMcGarity@StrategicVantage.com

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SOURCE BSI Financial Services

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BLAZE® POS Integrates with Sage to Streamline Accounting for Enterprise Cannabis Retailers

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Streamlining Cannabis Retail Accounting with Automation and Real-Time Financial Insights

LOS ANGELES, Jan. 7, 2025 /PRNewswire/ — BLAZE®, a leading cannabis software platform, announces its integration with Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. This integration enables efficient accounting workflows and enhanced financial visibility across several retail locations.

With this integration, cannabis retailers can complete daily accounting tasks with just a few clicks. The integration, facilitated by Alembic Computer Services, Inc.’s software connector, also provides detailed, store-level financial data across multiple states, empowering enterprise retailers to make informed decisions and scale effectively.

Completed purchase orders are seamlessly converted into vendor bills, with new vendors automatically added to the system. Daily sales and COGS data are mapped by product type and synced directly to Sage Intacct, ensuring accurate financial records while saving time and reducing errors.

Key Benefits of the Integration:

Simplify Daily Accounting: Automate transaction postings and reconciliations to streamline workflows.Location-Based Insights: Offers detailed views of financial performance across individual stores.Compliance-Ready Reporting: Ensures accuracy and meets regulatory requirements.

“Cannabis retail enterprises face unique accounting challenges as they scale,” said Chris Violas, CEO of BLAZE. “Our integration with Sage Intacct is a key part of our vision to empower enterprise cannabis retailers with seamless tools for managing their bookkeeping. By implementing automation, we’re providing businesses with a faster, more efficient way to close their books, enabling them to focus on growth and delivering exceptional customer experiences.”

This collaboration highlights BLAZE’s commitment to providing innovative tools that meet the evolving needs of the cannabis industry.

For more information, visit the BLAZE + Sage Integration Page

About BLAZE®
Founded in 2015 by technology and cannabis entrepreneurs, BLAZE powers cannabis retail operations with intuitive technology solutions. The award-winning BLAZE software suite provides point-of-sale, delivery, e-commerce, mobile apps, and integrated payments to cannabis retailers across North America. Built for enterprise-level retailers, BLAZE continues to set the gold standard for customer service and innovation. BLAZE has ranked in the Inc. 5000 Fastest Growing Private Companies in 2023 and 2024 and recently received the Kind Award for Best POS in Canada and a Cannatech Innovation Award for Scan to Shop.

Contact: Press@blaze.me

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SOURCE BLAZE

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