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The spa market is forecasted to grow by USD 48.3 billion during 2023-2028, accelerating at a CAGR of 6.79% during the forecast period. The report on the spa market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in adoption of facial, body, and hair treatments in spa, growing wellness tourism industry, and brand positioning enabling premium pricing for spa services.
The spa market is segmented as below:
By End-user
- Female
- Male
By Type
- Day/club/salon spa
- Hotel/resort spa
- Destination spa
- Others
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
The report on the spa market covers the following areas:
- Spa market sizing
- Spa market forecast
- Spa market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global spa market: Cal A Vie Health Spa, Clinique La Prairie, CR Operating LLC, Four Seasons Hotels Ltd., Gaia Retreat and Spa, Grand Resort Bad Ragaz AG, Hand and Stone Franchise Corp., Harrison Hot Springs Resort Inc., HOT SPRINGS RESORT and SPA, Hyatt Hotels Corp., InterContinental Hotels Group PLC, Jade Mountain, Kempinski Hotels SA, Lakehilll Springs Pty Ltd., Lanserhof Management GmbH, Marriott International Inc., Muse Salon and Spa, Rancho La Puerta Inc., Woodhouse Spa, and Young Medical Spa.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in availability of flotation therapy spa services."
According to the report, one of the major drivers for this market is the increase in adoption of facial, body, and hair treatments in spa.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cal A Vie Health Spa
- Clinique La Prairie
- CR Operating LLC
- Four Seasons Hotels Ltd.
- Gaia Retreat and Spa
- Grand Resort Bad Ragaz AG
- Hand and Stone Franchise Corp.
- Harrison Hot Springs Resort Inc.
- HOT SPRINGS RESORT and SPA
- Hyatt Hotels Corp.
- InterContinental Hotels Group PLC
- Jade Mountain
- Kempinski Hotels SA
- Lakehilll Springs Pty Ltd.
- Lanserhof Management GmbH
- Marriott International Inc.
- Muse Salon and Spa
- Rancho La Puerta Inc.
- Woodhouse Spa
- Young Medical Spa