Global Spa Market 2021-2025

The publisher has been monitoring the spa market and it is poised to grow by $ 22.08 bn during 2021-2025, progressing at a CAGR of over 6% during the forecast period. The report on spa market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in adoption of facial, body, and hair treatments in spas, growing wellness tourism industry, and brand positioning enabling premium pricing for spa services. In addition, an increase in the adoption of facial, body, and hair treatments in spas is anticipated to boost the growth of the market as well.

The spa market analysis includes type segment and geographic landscape.

The spa market is segmented as below:

By Type

• Day/club/salon spa
• Hotel/resort spa
• Destination spa
• Medical spa
• Others

By Geography

• Europe
• APAC
• North America
• South America
• MEA

This study identifies the increase in the availability of flotation therapy spa services as one of the prime reasons driving the spa market growth during the next few years.

The report on spa market covers the following areas:

• Spa market sizing
• Spa market forecast
• Spa market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spa market vendors that include Aspira Spa, Cal-a-Vie Health Spa, Gaia Retreat & Spa, Hand & Stone Franchise Corp., HOT SPRINGS RESORT & SPA, Kempinski Hotels SA, Lanserhof GmbH, Marriott International Inc., ME SPE Franchising LLC, and Rancho La Puerta Inc. Also, the spa market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.