Spa in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A spa is a facility that promotes well-being by providing therapeutic and other professional services aimed at renewing the body, mind, and spirit. Increased investment in technological advancements to provide personalized solutions and enhance the consumer experience is one of the major factor driving the market growth. Growing awareness of self-care and demand for stress relief and relaxation aids is another factor driving the growth.
- The German spa market had total revenues of $7,120.9 million in 2022, representing a compound annual growth rate (CAGR) of 1.3% between 2017 and 2022.
- The day/club/salon Spa segment accounted for market's the largest proportion in 2022, with total revenues of $3,126.9 million, equivalent to 43.9% of the market's overall value.
- The increase in disposable income has led to growing spending on services such as spa treatments. For instance, according to the Federal Statistical Office, disposable personal income in Germany increased to EUR576.5 billion ($606.1 billion) in the first quarter of 2023 from EUR571.61 billion ($600.9 billion) in the fourth quarter of 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Germany
- Leading company profiles reveal details of key spa market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Germany spa market with five year forecasts
Reasons to Buy
- What was the size of the Germany spa market by value in 2022?
- What will be the size of the Germany spa market in 2027?
- What factors are affecting the strength of competition in the Germany spa market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany's spa market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Brenners Park-Hotel & Spa
- Badewelt Sinsheim GmbH
- Friedrichsbad Spa
- Therme Erding Service GmbH
