Spa Market in the US 2016-2020

  • ID: 3769273
  • Report
  • Region: United States
  • 50 pages
  • TechNavio
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FEATURED COMPANIES

  • Allyu Spa
  • Canyon Ranch
  • Hand and Stone
  • Massage Envy
  • Planet Beach
  • Spa Montage
  • MORE
About the Spa Market in the US

Owing to today’s hectic lifestyles, the need for de-stressing is gaining utmost importance. This factor, coupled with the growing demand for exclusive beauty services and treatments, is driving the spa market in the US. To address the growing demand for spa services across the country and to increase their profit margins, vendors are focusing more on expanding their services across different states in the US. The popularity of spa services is evident from the fact that there are more than 22,000 spas in the US alone, and this number is increasing rapidly.

The analysts forecast the spa market in the US to grow at a CAGR of 5.6% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the spa market in the US for 2016-2020. To calculate the market size, the analyst considers the revenue generated from the spa services offered by day and club spas, hotel and resort spas, medical spas, destination spas, and mineral and thermal spring spas.

The report, Spa Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Elements
- Hand and Stone
- Massage Envy
- Planet Beach
- The Woodhouse Day Spa

Other prominent vendors
- Allyu Spa
- Aspira Spa
- Cal-a-Vie Health Spa
- Canyon Ranch
- Elizabeth Arden Red Door Spa
- Great Jones Spa
- Lime Spa
- Mandara Spa
- Mii amo
- Movara Fitness Resort
- Spa Solage
- SenSpa
- Spa Montage
- Spa at Eden Roc
- The Spa at Travaasa Austin
- Ten Thousand Waves
- The Spa at Terranea
- The Dragontree
- Wellhouse

Market drivers
- Boom in wellness industry

Market challenges
- Highly fragmented market

Market trends
- Personalization of products and services

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Allyu Spa
  • Canyon Ranch
  • Hand and Stone
  • Massage Envy
  • Planet Beach
  • Spa Montage
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: US profile
  • Economic indicators
PART 06: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 07: Market segmentation by spa type
  • Spa market in US
  • Day and club spa market in US
  • Hotel and resort spa market in US
  • Medical spa market in US
  • Destination spa market in US
  • Mineral and thermal spring spa market in US
PART 08: Market drivers
  • Boom in wellness industry
  • Globalization of companies
  • Innovative offerings
  • Unique services and growing popularity of spas
  • Wellness and lifestyle trend
  • Growing number of working women
  • Popularity of massage service
PART 09: Impact of drivers

PART 10: Market challenges
  • Highly fragmented market
  • Quality concerns
  • Lack of skilled labor
  • Low point of differentiation compared to salons
PART 11: Impact of drivers and challenges

PART 12: Market trends
  • Personalization of products and services
  • Online platforms and e-gift cards
  • Technological advances
  • Growing partnerships with cosmetics players
PART 13: Vendor landscape
  • Competitive scenario
  • Elements
  • Hand and Stone
  • Massage Envy
  • Planet Beach
  • The Woodhouse Day Spa
  • Other prominent vendors
PART 14: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Population in US 2010-2015 (millions)
Exhibit 03: GDP per capita in US 2010-2014 ($)
Exhibit 04: Employment to population ratio in US 2015
Exhibit 05: Full-time and part-time employment in US 2015
Exhibit 06: Urban population in US 2010-2014 (%)
Exhibit 07: Inbound tourism in US 2010-2014
Exhibit 08: Spa market in US
Exhibit 09: Spa market in US 2015-2020 ($ billions)
Exhibit 10: Five forces analysis
Exhibit 11: Spa market in US: Overview
Exhibit 12: Spa market in US by spa type 2015 (% revenue)
Exhibit 13: Spa market in US by spa type 2020 (% revenue)
Exhibit 14: Day and club spa market in US 2015-2020 ($ billions)
Exhibit 15: Hotel and resort spa market in US 2015-2020 ($ billions)
Exhibit 16: Medical spa market in US 2015-2020 ($ billions)
Exhibit 17: Destination spa market in US 2015-2020 ($ millions)
Exhibit 18: Mineral and thermal spring spa market in US 2015-2020 ($ millions)
Exhibit 19: Impact of drivers
Exhibit 20: Impact of drivers and challenges
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FEATURED COMPANIES

  • Allyu Spa
  • Canyon Ranch
  • Hand and Stone
  • Massage Envy
  • Planet Beach
  • Spa Montage
  • MORE
New Report Released: - Spa Market in the US 2016-2020

The author of the report recognizes the following companies as the key players in the spa market in the US: Elements, Hand and Stone, Massage Envy, Planet Beach, and The Woodhouse Day Spa.

Other Prominent Vendors in the market are: Allyu Spa, Aspira Spa, Cal-a-Vie Health Spa, Canyon Ranch, Elizabeth Arden Red Door Spa, Great Jones Spa, Lime Spa, Mandara Spa, Mii amo, Movara Fitness Resort, Spa Solage, SenSpa, Spa Montage, Spa at Eden Roc, The Spa at Travaasa Austin, Ten Thousand Waves, The Spa at Terranea, The Dragrontree, and Wellhouse.

Commenting on the report, an analyst from the research team said: “A trend which is boosting the market is personalization of products and services. The spa industry is focusing on providing personalized therapies for further enhancing treatment results. Clients have the option to identify specific skincare concerns or parts of the body that they want to focus on in the therapy. Some spas also offer variations of set treatments, as per client request. Spas also allow clients to mix and match services.”

According to the report, a key growth driver is the boom in the wellness industry. The rapid boom in the wellness industry is one of the major growth drivers of the market. The global wellness economy was valued at $3.5 trillion in 2013. Lifestyles and health trends are drawing attention to how wellness may be able to improve life, enhance businesses’ bottom lines, and reduce healthcare costs. As a result, wellness tourism is positioned at a profitable intersection between the rising wellness industry and the world’s massive tourism economy.

Further, the report states that one challenge that could restrict market growth is the lack of skilled labor.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Elements
- Hand and Stone
- Massage Envy
- Planet Beach
- The Woodhouse Day Spa
- Allyu Spa
- Aspira Spa
- Cal-a-Vie Health Spa
- Canyon Ranch
- Elizabeth Arden Red Door Spa
- Great Jones Spa
- Lime Spa
- Mandara Spa
- Mii amo
- Movara Fitness Resort
- Spa Solage
- SenSpa
- Spa Montage
- Spa at Eden Roc
- The Spa at Travaasa Austin
- Ten Thousand Waves
- The Spa at Terranea
- The Dragrontree
- Wellhouse.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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