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Market Analysis & Insight - Spa market
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The market's expanding momentum is due to some factors such as increasing prevalence of lifestyle-related illnesses and the shifting importance toward wellness and health activities. Many people are turning to wellness and other personal care activities such as sauna treatments, spa therapies and other body therapies as a result of urbanization, hectic lifestyles and an increase in the working population. Spa treatments have numerous advantages, including improving sleep, making skin more luminous, reducing stress, releasing dopamine and serotonin, reducing headaches, relieving pain, improving blood flow and circulation, helping with anti-aging problems, and boosting confidence others.
Key players operating in the spa market are:
Planet Beach Franchising Corporation (U.S.)
Hot Springs Resort & Spa (U.S.)
Four Seasons Hotel Limited (Canada)
ME SPE Franchising, LLC. (U.S.)
Lanserhof (Austria), Jade Mountain (U.S.)
Rancho La Puerta Inc. (U.S.)
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