”We are proud to officially open our new office in Singapore for the Asia Pacific Market and are honored that we can do this in the presence of Mr. Alvin Tan MP, Minister of State, Ministry of Trade and Industry for Singapore”, said Enrico Klauer, CEO of MECOTEC GmbH. ”It is with great pleasure that we can offer our customers in the new 1200 sq feet office space, located on Commonwealth Lane (Queenstown), a showroom with the possibility to experience our products themselves.”
Deenad Sundramurthy, Business Development Director MECOTEC ASIA: “Since incorporated in 2018 our business in Asia has been growing steadily throughout the whole Asia Pacific Region with prestigious local spa projects on the Maledives with Soneva Fushi (Maledives) and the Six Senses Hotel in Thailand. Especially in the luxury spa, hotel, fitness and wellness segment we see a growing demand for beauty applications, sports, medicine and physiotherapy treatments. We estimate that in the future Asia will account for one third of our business.”
The growing development of the cryo chamber market throughout Asia is especially influenced by rising health and wellness trends, lifestyle changes, sports and fitness industry growth as well as medical and rehabilitation applications for Asia´s aging population. Especially the sports and fitness industry has experienced substantial growth, with a rising number of gyms, fitness centers, and sports clubs.
Just a month ago, MECOTEC has celebrated the official opening of its subsidiary in Shanghai, China. With the founding of this subsidiary in China and now the investments in Singapore, the world market leader from Saxony-Anhalt (Germany) is continuing to expand its growth and expansion course globally.