At a CAGR of 5.9%, Spa Market Growth 2027 | Emirates Palace, Six Senses Hotels Resorts Spas

The global spa market was valued at US$ 88.53 Billion in 2017, according to Spa Report, by Spa Type (Salon/Day/Club Spa, Medical Spa, Hotel Spa, Destination Spa, Mineral Spa and Others) and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The Spa market is projected to reach US$ 145.75 Billion by 2025, exhibiting a CAGR of 5.9% during the forecast period.

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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

The latest report relating to the Spa market delivers a detailed analysis of the business sphere along with an in-depth overview of the industry segments. The report also elucidates the current industry scenario in terms of the chief influencing factors along with the assessment of Spa market size in terms of anticipated returns Value and volume. Overall, the research report is a generic assortment of significant data with reference to the competitive landscape of this business and the elucidation of regional portfolio where the market has successfully penetrated and established its stance.

The readers will find this report very helpful in understanding the Spa market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Promising Regions & Countries Mentioned In The Spa Market Report:

For comprehensive understanding of market dynamics, market conditions of the global Spa market is analyzed across key geographies namely: (North America, Europe and Asia etc) and main countries (United States, Germany, United Kingdom, Japan, India, Korea and China etc). Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
The execution and normal for the Spa market are assessed reliant on the quantitative and subjective technique to give a reasonable image of the present and future conjecture pattern. The worldwide Spa market report is well-created with charts, graphs, and practical figures which show the status of the particular business on the worldwide and territorial stage.

Additionally, the global Spa market is segmented on the basis of the region as well. It employs some practical tools to assess the expansion of the global Spa market in the upcoming time. The global Spa market report also offers a synopsis of the market on a global level that helps users in the decision-making processes, which in turn helps to boost their businesses. This synopsis incorporates the index growth as well as the competitive framework of the global Spa market over the projected period.

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Key Takeaways of the Market:

The Americas spa market was valued at US$ 21.76 Billion in 2012, and is projected to increase to US$ 42.02 Billion by 2025, witnessing a CAGR of 5.3% during the forecast period.

Rising spending on spas owing to factors such as increasing consumer inclination towards wellness and presence of prominent spa franchises such as Massage Envy, Elements Massage, and Hand & Stone in the region.

According to International Spa Association, U.S. Spa Industry Study 2016, in 2015, there were 16,700 day spas with 1.8% increase over 2014, followed by resort / hotel spas and medical spas.

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