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Spa in Vietnam

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    Report

  • 45 Pages
  • June 2024
  • Region: Vietnam
  • GlobalData
  • ID: 6025327
Spa in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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. The market value includes revenue generated by the market players in a specific year.
  • The Vietnamese spa market recorded revenues of $660.9 million in 2023, representing a compound annual growth rate (CAGR) of 0.2% between 2018 and 2023.
  • The day/club/salon spa segment accounted for the market's largest proportion in 2023, with total revenues of $344.5 million, equivalent to 52.1% of the market's overall value.
  • Vietnam accounted for 2.1% of the market share in the Asia-Pacific spa market.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Vietnam
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Vietnam
  • 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 Vietnam spa market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Vietnam spa market by value in 2023?
  • What will be the size of the Vietnam spa market in 2028?
  • What factors are affecting the strength of competition in the Vietnam spa market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Vietnam's spa market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the most recent notable developments in the market?
7.5. What are the new trends in the market?
7.6. What are some of the challenges faced by the leading players in the market?
8 Company Profiles
8.1. Four Seasons Hotels and Resorts
8.2. Six Senses Hotels Resorts Spas
8.3. Marriott International Inc
8.4. Anantara Hotels, Resorts & Spas
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: Vietnam spa market value: $ million, 2018-23
Table 2: Vietnam spa market category segmentation: % share, by value, 2018-2023
Table 3: Vietnam spa market category segmentation: $ million, 2018-2023
Table 4: Vietnam spa market geography segmentation: $ million, 2023
Table 5: Vietnam spa market value forecast: $ million, 2023-28
Table 6: Four Seasons Hotels and Resorts: key facts
Table 7: Four Seasons Hotels and Resorts: key employees
Table 8: Four Seasons Hotels and Resorts: key employees Continued
Table 9: Six Senses Hotels Resorts Spas: key facts
Table 10: Six Senses Hotels Resorts Spas: key employees
Table 11: Marriott International Inc: key facts
Table 12: Marriott International Inc: annual financial ratios
Table 13: Marriott International Inc: key employees
Table 14: Marriott International Inc: key employees Continued
Table 15: Marriott International Inc: key employees Continued
Table 16: Anantara Hotels, Resorts & Spas: key facts
Table 17: Anantara Hotels, Resorts & Spas: key employees
Table 18: Vietnam size of population (million), 2019-23
Table 19: Vietnam real gdp (constant 2010 prices, $ billion), 2019-23
Table 20: Vietnam gdp (current prices, $ billion), 2019-23
Table 21: Vietnam inflation, 2019-23
Table 22: Vietnam consumer price index (absolute), 2019-23
Table 23: Vietnam exchange rate, 2018-23
List of Figures
Figure 1: Vietnam spa market value: $ million, 2018-23
Figure 2: Vietnam spa market category segmentation: $ million, 2018-2023
Figure 3: Vietnam spa market geography segmentation: % share, by value, 2023
Figure 4: Vietnam spa market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the spa market in Vietnam, 2023
Figure 6: Drivers of buyer power in the spa market in Vietnam, 2023
Figure 7: Drivers of supplier power in the spa market in Vietnam, 2023
Figure 8: Factors influencing the likelihood of new entrants in the spa market in Vietnam, 2023
Figure 9: Factors influencing the threat of substitutes in the spa market in Vietnam, 2023
Figure 10: Drivers of degree of rivalry in the spa market in Vietnam, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Four Seasons Hotels and Resorts
  • Six Senses Hotels Resorts Spas
  • Marriott International Inc
  • Anantara Hotels, Resorts & Spas