Global spa market to 2030

Dublin, March 09, 2022 (GLOBE NEWSWIRE) — The “Global Spa Market, By Type, By Application, By Market Type, Estimate & Forecast, 2017 – 2030” report has been added to from offer.

The global spa market in 2021 was valued at USD 95 Billion and is projected to reach USD 185.5 Billion by 2030. The market is expected to register a CAGR of 7.6% over the projected period.

The increasing shift towards health and wellness activities, coupled with the increase in lifestyle-related ailments, is expected to drive the growth of the market. Additionally, increasing disposable income of middle-class families is also expected to fuel the growth of the market. Despite the driving factors, the spread of diseases and other health risks associated with spa treatments are believed to be restraining the growth of the market.

Growth Influencers:

Growing shift towards health and wellness activities

Growing awareness of health and wellness activities is increasing spa adoption across the globe. The spa provides various benefits such as helps de-stress, makes skin more radiant, improves sleep, releases dopamine and serotonin, helps fight aging, reduces headaches, helps relieve pain , smooth skin, improve blood flow and circulation, and boost confidence, among others. Hence, all these benefits are accelerating the transition to health and wellness activities, which is driving the growth of the market.

Competitive landscape

Key players operating in the global spa market are Planet Beach, Hot Springs Resort & Spa, Bannatyne Spa, Marriott International, Massage Envy, Rancho La Puerta, Banyan Tree Holdings, Marilyn Monroe Spas, Miraval Resorts, Massage Green Spa, Siam Wellness Group, Four Fountains, The Ritz – Carlton Spa, Windsor Hotel, Lspas SPA, Hyatt Hotels Corporation and other important players.

The combined market share of the top 10 players is over 25%. Banyan Tree Holdings offers products such as Spa & WellBeing, Banyan Tree Spa Sanya, Banyan Tree Spa Mayakoba, Banyan Tree Spa Tamouda Bay, Banyan Tree Spa Samui and Banyan Tree Spa Krabi.

These market players are engaged in mergers and acquisitions, collaborations, and new product launches to boost their presence in the market. For example, in February 2022, Miraval Resorts & Spas added Wyndhurst Manor’s Wyndhurst Mansion, 3 charming carriage houses and a gourmet restaurant to its portfolio. The new accommodations are expected to launch by April 2022.

The Global Hot Tubs Market report provides information about the pointers below:

  • Market Penetration: Provides comprehensive market insights offered by major players
  • Market Development: The report offers detailed information on lucrative emerging markets and analyzes penetration in mature segments of the markets.
  • Market Diversification: Provides detailed information on untapped geographies, recent developments and investments
  • Competitive Landscape Assessment: Mergers and acquisitions, certifications, product launches in the global hot tubs market have been provided in this research report. In addition, the report also emphasizes on the SWOT analysis of key players.
  • Product Development and Innovation: The report provides smart insights into future technologies, R&D activities and breakthrough product developments
  • Industry Outlook: Sector Wise Share in the Global Wellness Economy, 2020; Wellbeing expenditure, by region, 2020, in USD trillion
  • Competitive Dashboard: Global, Japan, China

The global hot tubs market report answers questions such as:

  • What is the market size and forecast of the global Spa market?
  • What are the inhibiting factors and impact of COVID-19 on the Global Spa Market during the assessment period?
  • What are the products/segments/applications/areas to invest in during the assessment period in the Global Spa Market?
  • What is the competitive strategic window for opportunities in the Global Spa Market?
  • What are the technology trends and regulatory frameworks in the global Spa market?
  • What is the market share of the major players in the global spa market?
  • What modes and strategic moves are considered favorable for entering the global Spa market?

Main topics covered:

Chapter 1. Research framework

Chapter 2. Research Methodology

Chapter 3. Executive Summary: Global Spa Market

Chapter 4. Global Spa Market Overview
4.1. Industry Value Chain Analysis
4.1.1. hardware supplier
4.1.2. Maker
4.1.3. Service provider
4.1.4. Final user
4.2. Spa Industry Outlook
4.2.1. Share of spa tourism in global wellness tourism expenditure
4.3. PESTLE analysis
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining power of suppliers
4.4.2. The bargaining power of buyers
4.4.3. The threat of substitutes
4.4.4. The threat of new entrants
4.4.5. degree of competition
4.5. Market dynamics and trends
4.5.1. Growth engines
4.5.2. Constraints
4.5.3. Challenges
4.5.4. Key trends
4.6. Assessment of the impact of Covid-19 on the growth trend of the market
4.7. Market Growth and Prospects
4.7.1. Market Revenue Estimates & Forecasts (USD Billion), 2017 – 2030
4.7.2. Price analysis
4.8. Contest Dashboard
4.8.1. Market concentration rate
4.8.2. Company Market Share Analysis (Value%), 2020
4.8.3. Competitor mapping

Chapter 5. Spa Market Analysis, By Type
5.1. key ideas
5.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
5.2.1. Ayurvedic spa
5.2.2. Spa Bootcamp
5.2.3. A spa day
5.2.4. destination spa
5.2.5. medical spa
5.2.6. Mineral spring spa
5.2.7. mobile hot tub
5.2.8. Thalassotherapy spa
5.2.9. Others

Chapter 6. Spa Market Analysis, By Application
6.1. key ideas
6.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
6.2.1. Hotel/Hospitality
6.2.2. Gym/Fitness and Spas
6.2.3. Housework
6.2.4. Other

Chapter 7. Spa Market Analysis, By Market Type
7.1. key ideas
7.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
7.2.1. New
7.2.2. Renovation/Replacement

Chapter 8. Spa Market Analysis, By Region/Country
8.1. key ideas
8.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
8.2.1. North America United States Canada Mexico
8.2.2. Europe Great Britain Germany France Italy Spain Poland Russia The rest of Europe
8.2.3. Asia Pacific China India Japan Australia and New Zealand ASEAN Rest of Asia-Pacific
8.2.4. Middle East and Africa (MEA) United Arab Emirates Saudi Arabia South Africa Rest of MEA
8.2.5. South America Brazil Argentina Rest of South America

Chapter 9. North America Spa Market Analysis
9.1. key ideas
9.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
9.2.1. By type
9.2.2. By request
9.2.3. By type of market
9.2.4. By country

Chapter 10. Europe Spa Market Analysis
10.1. key ideas
10.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
10.2.1. By type
10.2.2. By request
10.2.3. By type of market
10.2.4. By country

Chapter 11. Asia-Pacific Spa Market Analysis
11.1. key ideas
11.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
11.2.1. By type
11.2.2. By request
11.2.3. By type of market
11.2.4. By country

Chapter 12. Middle East & Africa Spa Market Analysis
12.1. key ideas
12.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
12.2.1. By type
12.2.2. By request
12.2.3. By type of market
12.2.4. By country

Chapter 13. South America Spa Market Analysis
13.1. key ideas
13.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
13.2.1. By type
13.2.2. By request
13.2.3. By type of market
13.2.4. By country

Chapter 14. Japan Spa Market Analysis
14.1. key ideas
14.2. Market Size and Forecast, 2017 – 2030 (USD Billion)
14.2.1. By type
14.2.2. By request
14.2.3. By type of market

Chapter 15. China Spa Market Analysis
15.1. key ideas
15.2. Hot Springs Resort and Spa
15.2.1. By type
15.2.2. By request
15.2.3. By type of market

Chapter 16. Company Profile (Company Overview, Financial Matrix, Key Product Landscape, Key Personnel, Key Competitors, Contact Address and Business Strategy Outlook)
16.1. Planet Beach
16.2. Hot Springs Resort and Spa
16.3. Bannatyne Spa
16.4. Marriott International
16.5. Want a massage
16.6. Rancho La Puerta
16.7. banyan
16.8. Marilyn Monroe Spas
16.9. Miraval Resorts
16.10. Green Spa Massage
16.11. Siam Wellness Group
16.12. four fountains
16.13. The Ritz-Carlton Spa
16.14. Windsor Hotel
16.15. Spas SPA
16.16. Hyatt Hotels Corporation
16.17. Other top players

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