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Product Code IM0911023468CI
Published Date 2023/11/2
English140 PagesGlobal

Spa Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028ConsumerGoods_Retail Market


Report Thumbnail
Product Code IM0911023468CI◆The Nov 2025 edition is also likely available. We will check with the publisher immediately.
Published Date 2023/11/2
English 140 PagesGlobal

Spa Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028ConsumerGoods_Retail Market



Abstract


Summary

The global spa market size reached US$ 50.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 97.0 Billion by 2028, exhibiting a growth rate (CAGR) of 11.6% during 2022-2028. Spa refers to a commercial establishment that provides health management and body relaxation services. The services offered include a wide range of therapeutic treatments, such as massages, body scrubs, steam baths, facials, sauna baths, manicures and pedicures. They are most commonly provided by day spas, hotel and resorts spas, destination spas, medical spas and mineral or thermal spas. These establishments also offer customizable treatments that have anti-aging and de-stressing effects and are also beneficial for managing stress, medical ailments, detoxifying the body, weight management and boosting the immune system. Significant growth in the wellness tourism industry is one of the key factors creating a positive outlook for the market. Furthermore, increasing health consciousness among the masses is also driving to the market growth. Due to rapid urbanization, sedentary lifestyles and hectic schedules of working professionals, there is a growing preference for therapeutic spas to reduce anxiety and stress. In line with this, spas offering personalized premium and super-premium experiences through various wellness programs and treatments are also gaining immense traction as they are expanding their customer base to individuals that prefer to relax in a comfortable ambiance. Additionally, the availability of natural and organic procedures and floatation therapies and the increasing utilization of innovative marketing strategies on social media to strengthen brand positioning are acting as other growth-inducing factors. Contemporary spas that provide facial and detoxifying treatments by using organic ingredients, peels and water-based elements that promote natural healing of the skin, along-with the rising expenditure capacities of the consumers, have also augmented the industry growth. Key Market Segmentation: IMARC Group provides an analysis of the key trends in each sub-segment of the global spa market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and end user. Breakup by Type: Salon Spa Hotel and Resort Spa Medical Spa Destination Spa Thermal Spring Spa Others Breakup by End User: Male Female Breakup by Region: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being Canyon Ranch Inc., Emirates Palace, Four Seasons Hotels Limited, Grand Resort Bad Ragaz AG, Harrison Hot Springs Resort & Spa Corp., Lanserhof GmbH, Marriott International Inc., Massage Envy Franchising LLC, Planet Beach Franchising Corporation, Rancho La Puerta Inc. and Six Senses Hotels Resorts Spas (InterContinental Hotels Group). Key Questions Answered in This Report: How has the global spa market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global spa market? What are the key regional markets? What is the breakup of the market based on the type? What is the breakup of the market based on the end user? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global spa market and who are the key players? What is the degree of competition in the industry?

Table of Contents

  • 1 Preface

  • 2 Scope and Methodology

    • 2.1 Objectives of the Study
    • 2.2 Stakeholders
    • 2.3 Data Sources
      • 2.3.1 Primary Sources
      • 2.3.2 Secondary Sources
    • 2.4 Market Estimation
      • 2.4.1 Bottom-Up Approach
      • 2.4.2 Top-Down Approach
    • 2.5 Forecasting Methodology
  • 3 Executive Summary

  • 4 Introduction

    • 4.1 Overview
    • 4.2 Key Industry Trends
  • 5 Global Spa Market

    • 5.1 Market Overview
    • 5.2 Market Performance
    • 5.3 Impact of COVID-19
    • 5.4 Market Forecast
  • 6 Market Breakup by Type

    • 6.1 Salon Spa
      • 6.1.1 Market Trends
      • 6.1.2 Market Forecast
    • 6.2 Hotel and Resort Spa
      • 6.2.1 Market Trends
      • 6.2.2 Market Forecast
    • 6.3 Medical Spa
      • 6.3.1 Market Trends
      • 6.3.2 Market Forecast
    • 6.4 Destination Spa
      • 6.4.1 Market Trends
      • 6.4.2 Market Forecast
    • 6.5 Thermal Spring Spa
      • 6.5.1 Market Trends
      • 6.5.2 Market Forecast
    • 6.6 Others
      • 6.6.1 Market Trends
      • 6.6.2 Market Forecast
  • 7 Market Breakup by End User

    • 7.1 Male
      • 7.1.1 Market Trends
      • 7.1.2 Market Forecast
    • 7.2 Female
      • 7.2.1 Market Trends
      • 7.2.2 Market Forecast
  • 8 Market Breakup by Region

    • 8.1 North America
      • 8.1.1 United States
        • 8.1.1.1 Market Trends
        • 8.1.1.2 Market Forecast
      • 8.1.2 Canada
        • 8.1.2.1 Market Trends
        • 8.1.2.2 Market Forecast
    • 8.2 Asia Pacific
      • 8.2.1 China
        • 8.2.1.1 Market Trends
        • 8.2.1.2 Market Forecast
      • 8.2.2 Japan
        • 8.2.2.1 Market Trends
        • 8.2.2.2 Market Forecast
      • 8.2.3 India
        • 8.2.3.1 Market Trends
        • 8.2.3.2 Market Forecast
      • 8.2.4 South Korea
        • 8.2.4.1 Market Trends
        • 8.2.4.2 Market Forecast
      • 8.2.5 Australia
        • 8.2.5.1 Market Trends
        • 8.2.5.2 Market Forecast
      • 8.2.6 Indonesia
        • 8.2.6.1 Market Trends
        • 8.2.6.2 Market Forecast
      • 8.2.7 Others
        • 8.2.7.1 Market Trends
        • 8.2.7.2 Market Forecast
    • 8.3 Europe
      • 8.3.1 Germany
        • 8.3.1.1 Market Trends
        • 8.3.1.2 Market Forecast
      • 8.3.2 France
        • 8.3.2.1 Market Trends
        • 8.3.2.2 Market Forecast
      • 8.3.3 United Kingdom
        • 8.3.3.1 Market Trends
        • 8.3.3.2 Market Forecast
      • 8.3.4 Italy
        • 8.3.4.1 Market Trends
        • 8.3.4.2 Market Forecast
      • 8.3.5 Spain
        • 8.3.5.1 Market Trends
        • 8.3.5.2 Market Forecast
      • 8.3.6 Russia
        • 8.3.6.1 Market Trends
        • 8.3.6.2 Market Forecast
      • 8.3.7 Others
        • 8.3.7.1 Market Trends
        • 8.3.7.2 Market Forecast
    • 8.4 Latin America
      • 8.4.1 Brazil
        • 8.4.1.1 Market Trends
        • 8.4.1.2 Market Forecast
      • 8.4.2 Mexico
        • 8.4.2.1 Market Trends
        • 8.4.2.2 Market Forecast
      • 8.4.3 Others
        • 8.4.3.1 Market Trends
        • 8.4.3.2 Market Forecast
    • 8.5 Middle East and Africa
      • 8.5.1 Market Trends
      • 8.5.2 Market Breakup by Country
      • 8.5.3 Market Forecast
  • 9 SWOT Analysis

    • 9.1 Overview
    • 9.2 Strengths
    • 9.3 Weaknesses
    • 9.4 Opportunities
    • 9.5 Threats
  • 10 Value Chain Analysis

  • 11 Porters Five Forces Analysis

    • 11.1 Overview
    • 11.2 Bargaining Power of Buyers
    • 11.3 Bargaining Power of Suppliers
    • 11.4 Degree of Competition
    • 11.5 Threat of New Entrants
    • 11.6 Threat of Substitutes
  • 12 Price Analysis

  • 13 Competitive Landscape

    • 13.1 Market Structure
    • 13.2 Key Players
    • 13.3 Profiles of Key Players
      • 13.3.1 Canyon Ranch Inc
        • 13.3.1.1 Company Overview
        • 13.3.1.2 Product Portfolio
      • 13.3.2 Emirates Palace
        • 13.3.2.1 Company Overview
        • 13.3.2.2 Product Portfolio
      • 13.3.3 Four Seasons Hotels Limited
        • 13.3.3.1 Company Overview
        • 13.3.3.2 Product Portfolio
        • 13.3.3.3 SWOT Analysis
      • 13.3.4 Grand Resort Bad Ragaz AG
        • 13.3.4.1 Company Overview
        • 13.3.4.2 Product Portfolio
      • 13.3.5 Harrison Hot Springs Resort & Spa Corp
        • 13.3.5.1 Company Overview
        • 13.3.5.2 Product Portfolio
      • 13.3.6 Lanserhof GmbH
        • 13.3.6.1 Company Overview
        • 13.3.6.2 Product Portfolio
        • 13.3.6.3 Financials
      • 13.3.7 Marriott International Inc
        • 13.3.7.1 Company Overview
        • 13.3.7.2 Product Portfolio
        • 13.3.7.3 Financials
        • 13.3.7.4 SWOT Analysis
      • 13.3.8 Massage Envy Franchising LLC
        • 13.3.8.1 Company Overview
        • 13.3.8.2 Product Portfolio
      • 13.3.9 Planet Beach Franchising Corporation
        • 13.3.9.1 Company Overview
        • 13.3.9.2 Product Portfolio
      • 13.3.10 Rancho La Puerta Inc
        • 13.3.10.1 Company Overview
        • 13.3.10.2 Product Portfolio
      • 13.3.11 Six Senses Hotels Resorts Spas (InterContinental Hotels Group)
        • 13.3.11.1 Company Overview
        • 13.3.11.2 Product Portfolio
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