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Spa in Mexico

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    Report

  • 42 Pages
  • June 2024
  • Region: Mexico
  • GlobalData
  • ID: 6025349
Spa in Mexico industry profile provides top-line qualitative and quantitative summary information including: 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 Mexican spa market recorded revenues of $2.20 billion in 2023, representing a compound annual growth rate (CAGR) of 2.3% between 2018 and 2023.
  • The hotel/resort spa segment accounted for the market's largest proportion in 2023, with total revenues of $1.03 billion, equivalent to 46.9% of the market's overall value.
  • Mexico accounted for 5.9% of the market share in the American 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 Mexico
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Mexico
  • 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 Mexico spa market with five year forecasts

Reasons to Buy

  • What was the size of the Mexico spa market by value in 2023?
  • What will be the size of the Mexico spa market in 2028?
  • What factors are affecting the strength of competition in the Mexico spa market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Mexico'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. The Ritz-Carlton Hotel Co LLC
8.3. Hyatt Hotels Corp
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: Mexico spa market value: $ million, 2018-23
Table 2: Mexico spa market category segmentation: % share, by value, 2018-2023
Table 3: Mexico spa market category segmentation: $ million, 2018-2023
Table 4: Mexico spa market geography segmentation: $ million, 2023
Table 5: Mexico 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: The Ritz-Carlton Hotel Co LLC: key facts
Table 10: The Ritz-Carlton Hotel Co LLC: key employees
Table 11: Hyatt Hotels Corp: key facts
Table 12: Hyatt Hotels Corp: annual financial ratios
Table 13: Hyatt Hotels Corp: key employees
Table 14: Hyatt Hotels Corp: key employees Continued
Table 15: Mexico size of population (million), 2019-23
Table 16: Mexico real gdp (constant 2010 prices, $ billion), 2019-23
Table 17: Mexico gdp (current prices, $ billion), 2019-23
Table 18: Mexico inflation, 2019-23
Table 19: Mexico consumer price index (absolute), 2019-23
Table 20: Mexico exchange rate, 2018-23
List of Figures
Figure 1: Mexico spa market value: $ million, 2018-23
Figure 2: Mexico spa market category segmentation: $ million, 2018-2023
Figure 3: Mexico spa market geography segmentation: % share, by value, 2023
Figure 4: Mexico spa market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the spa market in Mexico, 2023
Figure 6: Drivers of buyer power in the spa market in Mexico, 2023
Figure 7: Drivers of supplier power in the spa market in Mexico, 2023
Figure 8: Factors influencing the likelihood of new entrants in the spa market in Mexico, 2023
Figure 9: Factors influencing the threat of substitutes in the spa market in Mexico, 2023
Figure 10: Drivers of degree of rivalry in the spa market in Mexico, 2023

Companies Mentioned (Partial List)

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

  • Four Seasons Hotels and Resorts
  • The Ritz-Carlton Hotel Co LLC
  • Hyatt Hotels Corp