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Spa in China

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    Report

  • 38 Pages
  • June 2024
  • Region: China
  • GlobalData
  • ID: 6025339
Spa in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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 Chinese spa market recorded revenues of $5.21 billion in 2023, representing a negative compound annual growth rate (CAGR) of 10.8% between 2018 and 2023.
  • The hotel/resort spa segment accounted for the market's largest proportion in 2023, with total revenues of $2.73 billion, equivalent to 52.4% of the market's overall value.
  • China accounted for 16.9% 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 China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in China
  • 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 China spa market with five year forecasts

Reasons to Buy

  • What was the size of the China spa market by value in 2023?
  • What will be the size of the China spa market in 2028?
  • What factors are affecting the strength of competition in the China spa market?
  • How has the market performed over the last five years?
  • Who are the top competitors in China'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 strategies do the leading players follow?
7.3. What are the new trends in the market?
7.4. What are some of the challenges faced by the leading players in the market?
8 Company Profiles
8.1. Banyan Tree Hotels & Resorts
8.2. Six Senses Hotels Resorts Spas
8.3. Anantara Hotels, Resorts & Spas
8.4. The Ritz-Carlton Shanghai, Pudong
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: China spa market value: $ million, 2018-23
Table 2: China spa market category segmentation: % share, by value, 2018-2023
Table 3: China spa market category segmentation: $ million, 2018-2023
Table 4: China spa market geography segmentation: $ million, 2023
Table 5: China spa market value forecast: $ million, 2023-28
Table 6: Banyan Tree Hotels & Resorts: key facts
Table 7: Six Senses Hotels Resorts Spas: key facts
Table 8: Six Senses Hotels Resorts Spas: key employees
Table 9: Anantara Hotels, Resorts & Spas: key facts
Table 10: Anantara Hotels, Resorts & Spas: key employees
Table 11: The Ritz-Carlton Shanghai, Pudong: key facts
Table 12: China size of population (million), 2019-23
Table 13: China real gdp (constant 2010 prices, $ billion), 2019-23
Table 14: China gdp (current prices, $ billion), 2019-23
Table 15: China inflation, 2019-23
Table 16: China consumer price index (absolute), 2019-23
Table 17: China exchange rate, 2018-23
List of Figures
Figure 1: China spa market value: $ million, 2018-23
Figure 2: China spa market category segmentation: $ million, 2018-2023
Figure 3: China spa market geography segmentation: % share, by value, 2023
Figure 4: China spa market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the spa market in China, 2023
Figure 6: Drivers of buyer power in the spa market in China, 2023
Figure 7: Drivers of supplier power in the spa market in China, 2023
Figure 8: Factors influencing the likelihood of new entrants in the spa market in China, 2023
Figure 9: Factors influencing the threat of substitutes in the spa market in China, 2023
Figure 10: Drivers of degree of rivalry in the spa market in China, 2023

Companies Mentioned (Partial List)

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

  • Banyan Tree Hotels & Resorts
  • Six Senses Hotels Resorts Spas
  • Anantara Hotels, Resorts & Spas
  • The Ritz-Carlton Shanghai, Pudong