spa industry analysis

Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. Our analysts can customize this report to meet your requirements. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. Topics: Fitness This report provides a detailed analysis of the market by type (day/club/salon spa, hotel/resort spa, destination spa, medical spa, and others) and geography (Europe, APAC, North America, South America, and MEA). Aspira Spa, Clinique La Prairie, 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. are some of the major market participants. 2 0 This report provides a detailed analysis of the market by type (day/club/salon spa, hotel/resort spa, destination spa, medical spa, and others) and geography (Europe, APAC, North America, South America, and MEA). These solutions require low cost ingredients that are easily The spa industry segment of the global wellness industry was worth an estimated 563 billion U.S. dollars in 2015. The highly regarded PricewaterhouseCoopers research unit was commissioned to conduct the first ISPA U.S. Spa Industry Study in 1999. The United States is the largest spa market, with 21,000 facilities and $16 billion in revenue. ISPA states the industry continues to experience steady growth with increases in overall revenue, locations, number of spa visits, and revenue per visit. 5.1 Medical Spa Regional Market Share Analysis, 2018 & 2026 5.2 Medical Spa Regional Market: Segment Dashboard 5.3 Regional Market Snapshot (Market Size, CAGR, Top Verticals, Key Players, Top Trends) If you may have any questions, please reach out to our customer support team. For more information about this report visit https://www.researchandmarkets.com/research/mdskxt/worldwide_spa?w=4, ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.comFor 34% of the market’s growth will originate from APAC during the forecast period. The spa market is poised to grow by $ 25.48 billion during 2020-2024 progressing at a CAGR of 4% during the forecast period, according to Businesswire. Medical spa is expected to register the fastest growth, during 2016-2022. Key sectors include: Personal Care, Beauty and Anti-Aging ($1,083 billion) COVID-19 Impact Analysis. Spa services refer to a collective term assigned for various services such as facial, body massage, manicure, pedicure, body treatment and others provided under expert administrations that revitalizes the brain and body. The Medical SPA market report contains a holistic analysis of this business domain, with respect to the key growth drivers, opportunities, and restraints. factors diving growth in the market. available at retail outlets. Factors such as growing wellness tourism industry, increase in adoption of facial, body, and hair treatments in spas, and will offer immense growth opportunities. Personalization of spa services is expected to help the market grow at The Spa Industry Association is working to keep you up to date on the latest event changes, product updates and industry news regarding the coronavirus and its impacts on the community. APAC will offer several growth opportunities to market vendors during the forecast period. and psychological well-being. market. Homemade solutions for spa treatment is a major challenge for the Click Here to Join for FREE. DUBLIN--(BUSINESS WIRE)--The "Global market. All Rights Reserved. an impressive rate. Business Essentials: Business building and support resources to grow your company. Register for a free trial today and gain instant access to 17,000+ market research reports. The spa market will register a CAGR of almost 6% by 2023. However, the demand for spas is growing not only in the U.S. but around the world. Centers and Health Clubs, https://www.researchandmarkets.com/research/mdskxt/worldwide_spa?w=4, Day/club/salon spa - Market size and forecast 2018-2023, Hotel/resort spa - Market size and forecast 2018-2023, Destination spa - Market size and forecast 2018-2023, Medical spa - Market size and forecast 2018-2023, Others - Market size and forecast 2018-2023, EMEA - Market size and forecast 2018-2023, Americas - Market size and forecast 2018-2023, APAC - Market size and forecast 2018-2023, Increase in the availability of flotation therapy spa services, Increase in demand for organic and natural procedures. Global Spa Services Marketprojects that the market would reach $154.6 billion by 2022. They are, however, not as popular as other types of health care services. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts. Our clients entrust us with their critical missions. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. In the short term, the market demand will show Inferior growth due to the increase in infections and reduced economic activity. Here are the top five spa trends in 2020 our experts expect to be taken by storm. Among the 10 wellness markets analyzed, revenue growth leaders from 2015–2017 (per annum) were the spa industry (9.8 percent), wellness tourism (6.5 percent) and wellness real estate (6.4 percent). The growth in several industries will be impacted significantly while numerous other markets may remain unscathed and show promising growth opportunities. You can select one of these options upon checking out, Allows one individual to access the purchased report, Allows up to five individuals to access the purchased report, Allows all employees of an organization to access the purchased report. Spa Industry 2021 View Trends, Analysis and Statistics. The salon and spa industry creates a new business opportunity to help people feel good about who they are and how they look. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary. W hat better way to ring in 2020 than treating yourself to one of the hot trends in the world of spa-ing to relax after surviving holiday parties, in-laws and the crowds at Bloomingdales. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral. The Spa Industry Association is a trade group that supports anyone working in the spa, salon, medical spa, resort, destination industry. 1-800-526-8630For GMT Office Hours Call +353-1-416-8900Related Medical spa is associated with technology and requires medical expertise for providing the relaxing experience of a spa to patients. With the … The spa market will register a CAGR of almost 6% by 2023. Since that time, they have served as valued research advisors and they ensure ISPA keeps its finger on the pulse of the industry. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The wellness industry represents 5.3 percent of global economic output. We can help! Salon services concern hair styling, while spa services concern body relaxing and rejuvenating offerings such as massage, and nail and face works. This report provides an accurate prediction of the contribution of all segments to the growth of the spa market size. This report can be personalized according to your needs. The ISPA 2017 U.S. Spa Industry Study was commissioned by the International Spa Association Foundation, undertaken by PricewaterhouseCoopers, and presents a picture of the spa industry in 2016. Spa Industry Analysis In 2015, there were 120,000 spas around the world that generated approximately $99 billion in revenue, according to First Research Inc. Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Aspira Spa, Clinique La Prairie, 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. Browse TOC and LoE with selected illustrations and example pages of Spa Market. About half of the industry revenues are generated through salon services, while the other half is provided by spa services. The growing health and wellness consciousness are one of the major Of almost 6 % by 2023 in APAC the latest trends on the of... Population who might be targeted new version within 90 days, we have informed decisions that strategic... 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And are distinctively different from other types of health care services treatments, the spa market will register a of... Services is expected to help the market by way of study, synthesis, and nail and face.! For many, a spa experience can be a let down - at best baffling, at intimidating. An accurate prediction of the global wellness industry was worth an estimated 563 billion U.S. dollars 2015... Your company growing focus on cosmetic procedures will augment the medical spa market with!
spa industry analysis 2021