Quick Summary:
Navigating today's commercial landscape requires a firm grasp of the industry at hand; the global Spas and Beauty Salons sector is no exception. Poised for significant growth with a projection to reach a robust US$226 Billion by 2030, the industry presents considerable opportunities for those equipped with keen market knowledge -- an advantage that can be yours by leveraging our comprehensive market research report.
Our report offers an extensive view of the prevailing trends within the Spas and Beauty Salons market, from broad assessments to detailed segment analysis. A special focus on key geographic markets, including the U.S., China, Japan, Canada, and Germany, offers invaluable insights into growth forecasts and potential opportunities. Exclusive coverage on industry movers and shakers--such as Bradley & Diegel Salon and Robert James Salon and Spa-- allows you to assess competition and devise fitting strategies. Ample perks such as complimentary updates for one year and access to digital archives make this purchase a compelling investment in your business future.
Global Spas and Beauty Salons Market to Reach $226 Billion by 2030
The global market for Spas and Beauty Salons estimated at US$156.4 Billion in the year 2022, is projected to reach a revised size of US$226 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Spas, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$131.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Beauty Salons segment is readjusted to a revised 4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $41.9 Billion, While China is Forecast to Grow at 7.2% CAGR
The Spas and Beauty Salons market in the U.S. is estimated at US$41.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$49.3 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.Select Competitors (Total 203 Featured) -
- Bradley & Diegel Salon
- Butterfly Studio Salon
- Chris Chase
- John Barrett Salon
- Metropolis Salon & Dry Bar
- Muse Salon and Spa
- Robert James Salon and Spa
- Rossano Ferretti
- Salon U
- The Roose Parlour and Spa
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Spas and Beauty Salons?
What is the growth rate of the Global Market for Spas and Beauty Salons?
What is the forecasted size of the Global Market for Spas and Beauty Salons?
Who are the key companies in the Global Market for Spas and Beauty Salons?
| Report Attribute | Details |
|---|---|
| No. of Pages | 323 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 156.4 Billion |
| Forecasted Market Value ( USD | $ 226 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bradley & Diegel Salon
- Butterfly Studio Salon
- Chris Chase
- John Barrett Salon
- Metropolis Salon & Dry Bar
- Muse Salon and Spa
- Robert James Salon and Spa
- Rossano Ferretti
- Salon U
- The Roose Parlour and Spa
