Spa Market 2019 With Top Players Four Seasons Hotel limited, Massage Envy Franchising LLC, Emirates Palace, Six Senses Hotels Resorts Spas, Jade Mountain Resort, Gaia Retreat & Spa, Ananda

Spa is a core business within wellness tourism and accounts for a major portion of the wellness tourism economy. According to Global Wellness Economy Monitor, out of US$ 3.7 trillion global wellness economy in 2015, spa industry accounted for US$ 99 billion. Out of wellness sectors such as spa facilities, thermal/mineral springs, wellness tourism, work place wellness, and wellness life style real estate; wellness tourism is estimated to project 7.5% annual growth rate from 2015-2020.

Key players operating in the global spa market include Four Seasons Hotel limited, Massage Envy Franchising LLC, Emirates Palace, Six Senses Hotels Resorts Spas, Jade Mountain Resort, Gaia Retreat & Spa, Ananda, and Lanserhof Tegernsee

Get PDF Brochure of Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/913

Market Dynamics

Government of various economies are including spa therapy as a branch of education to train and improve skills. For instance, Government of India added Spa Therapy in Craftsman Training Scheme and designed a curriculum and syllabus in 2014, for one year including practical and theory classes. Some of the universities providing spa management related degree program include Australian Academy of Beauty & Spa Therapy (Australia), Mahidol University International College (Thailand), Elégance Ecole Gontard (France), Asheville-Buncombe Technical Community College (US), Algonquin College (Canada), Alpine College (Greece), Plymouth University(UK), and Natura School of Advanced Beauty Therapy (India).

Detailed Segmentation:

Global Spa Market, By Spa Type:
Salon/Day/Club Spa
Medical Spa (Prenatal, Fitness and Therapy)
Hotel Spa
Destination Spa
Mineral Spa
Others(Pet, Baby, Mobile and Cruise Ship)

Global Spa Market, By Geography:
North America
U.S.
By Spa Type:
Salon/Day/Club Spa
Medical Spa (Prenatal, Fitness and Therapy)
Hotel Spa
Destination Spa
Mineral Spa
Others(Pet, Baby, Mobile and Cruise Ship)

Asian hospitality market is gaining significant traction. Market players are recruiting top executive talent to lead their spa divisions in Asia and integrating their traditional spa modalities with modern wellness culture. Fusion of western contemporary with eastern traditions are giving an authentic feel to spa rituals such as massages, spa therapies, and spa cuisine.

Buy This Complete A Business Report: https://www.coherentmarketinsights.com/insight/buy-now/913

North America’s spa industry is growing at a faster pace with major share held by U.S., followed by Canada. According to Global Wellness Economy Monitor, in 2015, North America had total 28,306 spa facilities with 24,421 concentrated in the U.S. alone. According to International Spa Association in the U.S., 179 million spa visits were reported in 2015, and the number of resort/hotel spas at the end of 2015, was estimated to be 1,800 representing a rise of 1.3% 2014 level. According to this study, total employment in the US spa industry was 359,300 and day spa accounted for largest share, followed by hotel and medical spa.

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.