The changing trends is expected to fuel significant demand for investing in spa therapies for health and wellness consciousness. Hectic schedules is resulting in mental exhaustion along with eating and sleeping disorders globally. Unhealthy lifestyle has led to growing need for stress management, peace of mind and detoxification of the system. Demand for spa therapies is expected to remain high attributed to increasing need for maintaining a physically and mentally healthy lifestyle. In addition, prevalence of chronic diseases is further expected to boost demand for spa therapies globally. Surge in demand for detoxification of system, stress management and therapies for chronic disorders is expected to propel growth of the global spa market significantly.
According to Fact.MR, the global spa market is expected to represent a value of over US$ 140,000 Mn by the end of 2026.
Destination Spas & Health Resorts
Middle East-North Africa
Thermal/Mineral Springs Spas
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Pain Management to Boost Demand for Spa Therapies
Mental exhaustion and stress due to hectic lifestyle has led to increased spending on relaxing and rejuvenating therapies such as spa and aromatherapy. With the increasing disposable, customers prefer spending on luxurious services and relaxing therapies. Increasing demand for rejuvenating and relaxing therapies to detoxify the system will continue to fuel demand for range of spa therapies. Hectic routines can further lead to physical stress leading to increasing demand for pain management. Demand for pain management will continue to contribute towards growth of the global spa market significantly. Leading players in the global market are increasingly capitalizing on such opportunity and offering range spa therapies to gain a competitive edge.
Anti-Ageing Treatment to Impact Global Market Growth
Growing need for anti-ageing treatments for clogged pores, acne, wrinkles and hyper-pigmentation is further expected to impact growth of the global spa market. Increasing old age population is increasingly spending on non-surgical treatments such as exfoliation and peel to improve their physical and mental health. Detoxification of the system and anti-stress treatment will continue to rev up demand for spa treatments in the global market. Such factors are expected to contribute towards growth of the global spa market during the forecast period.
Chronic Diseases to Underscore Lucrative Growth Opportunities
Prevalence of chronic diseases such as asthma will continue to boost demand for range of spa therapies in the global market. Patients of asthma have swollen airways that leads to breathing problems. Shortness of breath, coughing and wheezing are some of the common problems that the asthmatic patients face regularly. According to CDC, 7.6% of the adults who fall in the age bracket of 18 years and above i.e., 18.4 million people in the U.S. have asthma. Increased spending on relaxing therapies such as sauna and spa treatment provides the asthmatic patients a respiratory relief.
Spending on steam rooms and saunas help in eliminating the toxins through skin and opens airways of the asthmatic patients. Moreover, increasing spending on steam baths help in the treatment of the upper respiratory problems, coughing and bronchitis through loosening phlegm and mucus. Growing need for asthmatic relief and relaxation is expected to contribute towards growth of the global spa market.
However, the global spa market is expected to witness inhibiting growth due to various factors such as expensive spa packages and continues to remain a conventional therapy for pain management and asthmatic relief. Increasing number of new players and one-stop spa services in the global market is expected to rev up the competition levels for the established market players. In addition, patients with severe case of chronic diseases are suggested not to spend on spas. These factors are likely to inhibit growth of the global spa market during the forecast period.
Hotel/Resort Spa to Represent a Leading Segment
Preference for relaxing therapies during trips and tourism has led to surge in demand for spa therapy in hotel/resort spas globally. On the basis of product type, the hotel/resort spas segment is expected to generate significant revenues in the global spa market during the forecast period. However, the thermal/mineral springs spas product type segment is expected to register a robust CAGR through 2026.
Leading market players operating in the global spa market include Grand Resort Bad Ragaz, COMO Shambhala Estate, Canyon Ranch, Forte Village Resort, St. Regis Bahia Beach Resort, Chiva Som International Health Resort, The Connaught, Four Seasons Resort Bora Bora, Rancho La Puerta and The Chedi Andermatt.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
Growing prevalence of chronic diseases such as bronchitis and asthma is expected to rev up demand for spa therapies globally. In addition, increasing demand for pain management is expected to impact growth of the global spa market positively. This report, compiled by Fact.MR, provides in-depth analysis of the global spa market for the forecast period 2017-2026, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global spa market for the forecast period 2017-2026 and provide readers an unbiased and accurate analysis. Spa manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to spa.
The report commences with a brief information of the global spa market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global spa market.
The next section offers an overview of the global spa market. This comprises an introduction to the market, along with a standard definition of the product – spa. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global spa market, the report provides updates about market opportunities, which can benefit leading manufacturers of spa. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for spa manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering the wide scope of the global spa market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The spa market has been categorized on the basis of product type, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global spa market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global spa market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
1. Global Outlook
2. Global Spa Market - Executive Summary
3. Global Spa Market Overview
3.1.1. Global Spa Market Taxonomy
3.1.2. Global Spa Market Definition
3.2. Global Spa Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Spa Market Y-o-Y Growth
3.3. Global Spa Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Value Chain Analysis
3.8. Product Life Cycle
3.9. PESTLE Analysis
3.10. Porter's Five Forces Analysis
3.11. Regulatory Framework
3.12. Opportunities For Spa in Wellness Industry
3.13. Importance of Spa over Wellness
3.14. Consumers Interest in Spa offerings for wellness
3.15. Global Spa Economy Share
3.16. Thermal/Mineral Spring Industry (with/without spa)
3.17. Wellness Sector Growth Projections
3.18. Spa Facilities & Revenue by Region
3.19. Top 20 Spa Markets
3.20. Spa Facilities & Revenue By Type
3.21. Spa Facility Employment
3.22. Global Spa Economy
3.23. Key Participants Market Presence (Intensity Map) By Region
4. Global Spa Market Analysis and Forecast 2012-2026
4.1. Global Spa Market Size and Forecast By Product Type, 2012-2026
4.1.1. Day/Club/Salon Spas Market Size and Forecast, 2012-2026
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
4.1.2. Hotel/Resort Spas Market Size and Forecast, 2012-2026
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
4.1.3. Destination Spas & Health Resorts Market Size and Forecast, 2012-2026
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
4.1.4. Medical Spas Market Size and Forecast, 2012-2026
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
4.1.5. Thermal/Mineral Springs Spas Market Size and Forecast, 2012-2026
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
4.1.6. Other Spas Market Size and Forecast, 2012-2026
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
5. North America Spa Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
5.5. Revenue (US$ Mn) Comparison, By Product Type
6. Latin America Spa Market Size and Forecast, 2012-2026
6.1. Latin America Outlook
6.2. Latin America Parent Market Outlook
6.3. Latin America Target Market Outlook
6.4. Revenue (US$ Mn) Comparison, By Country
6.5. Revenue (US$ Mn) Comparison, By Product Type
7. Europe Spa Market Size and Forecast, 2012-2026
7.1. Europe Outlook
7.2. Europe Parent Market Outlook
7.3. Europe Target Market Outlook
7.4. Revenue (US$ Mn) Comparison, By Country
7.5. Revenue (US$ Mn) Comparison, By Product Type
8. APAC Spa Market Size and Forecast, 2012-2026
8.1. APAC Outlook
8.2. APAC Parent Market Outlook
8.3. APAC Target Market Outlook
8.4. Revenue (US$ Mn) Comparison, By Country
8.5. Revenue (US$ Mn) Comparison, By Product Type
9. Middle East-North Africa Spa Market Size and Forecast, 2012-2026
9.1. Middle East-North Africa Outlook
9.2. Middle East-North Africa Parent Market Outlook
9.3. Middle East-North Africa Target Market Outlook
9.4. Revenue (US$ Mn) Comparison, By Country
9.5. Revenue (US$ Mn) Comparison, By Product Type
10. Sub-Saharan Africa Spa Market Size and Forecast, 2012-2026
10.1. Sub-Saharan Africa Outlook
10.2. Sub-Saharan Africa Parent Market Outlook
10.3. Sub-Saharan Africa Target Market Outlook
10.4. Revenue (US$ Mn) Comparison, By Country
10.5. Revenue (US$ Mn) Comparison, By Product Type
11. Global Spa Market Company Share, Competition Landscape and Company Profiles
11.1. Company Share Analysis
11.2. Competition Landscape
11.3. Company Profiles
11.3.1. Zivaya Spa
11.3.2. Savor Beauty
11.3.3. L'Oreal Professional
11.3.4. Natural Beauty Spa
11.3.5. Amore Fitness Pte Ltd
11.3.7. Amanda Spa
11.3.8. Lotus Spa Centre Ltd
11.3.9. L'Occitane En Provence
11.3.10. Nirvana SPA.
12. Research Methodology
13. Secondary and Primary Sources
14. Assumptions and Acronyms
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