A spa is a place where different treatments and facilities are provided for health and wellness. It is a popular destination for health management and body relaxation. Services such as massages, facials, salon services, hair spa, and other treatments are provided at a spa. It also offers fitness activities like yoga, Ayurveda medicines, and other medical treatments.
Scope of the Report:This report studies the Spa market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Spa market by product type and applications/end industries.
Day spas provide a wide range of services, treatments, and facilities and relaxation treatments during the day. These spas provide meals and spa treatments in addition to facilities such as well-equipped gyms, relaxation lounges or bars, and beauty salons where treatments like nail services or other beauty services are provided. According to this industry research report, the day or club salon segment will account for the major shares of the spa market throughout the forecast period.
The rise in working population and the increase in expenditure contributed to the growth of the wellness tourism market in Europe. The region has thousands of spas offering different types of treatments including massages, facials, thermal baths, and anti-aging treatments. The women workforce in this region is very high and women are the major customers of spas, availing different types of spa treatments and salon services like massages, waxing, facials, and hair treatments. According to this industry research and analysis, Europe will be the major revenue contributor to the spa market throughout the forecast period.
The global Spa market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Spa.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Hot Springs Resort & Spa
Lanserhof
Marriott International
Massage Envy Franchising
Rancho La Puerta
Aspira Spa
Canyon Ranch
Cal-a-Vie Health Spa
Clinique La Prairie
Kempinski Hotels
The Mineral Spa
The Clarins group
Reflections Medical Spa
Woodhouse Day Spa
Young Medical Spa
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Day/Club/Salon Spa
Hotels and Resorts Spa
Medical Spa
Destination Spa
Thermal/Mineral Spring Spa
Market Segment by Applications, can be divided into Male
Female
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
