Press release
Spa Market In Europe to grow at a CAGR of 8.60% during 2016-2020
About SpaThe spa market in Europe contributed about 40% of the global spa market by retail value in 2015. Countries in Western Europe experienced healthy growth despite unfavorable economic environment. Specialized urban spas and boutique hotels in the region offer differentiated services to customers at different pricing options. Rising investments in the hospitality and spa sector have significantly helped the growth of the market in this region.
Technavios analysts forecast the spa market in Europe to grow at a CAGR of 8.60% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the spa market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from the spa services.
Technavio's report, Spa Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Lanserhof
Ritz Carlton
Clarins
Fonteverde
Other prominent vendors
VILA VITA VITAL SPA
Clinique La Prairie
Lefay Resort & Spa Lago di Garda
Chelsea Day Spa
Nirvana Spa
Four Seasons Spa
The Bulgari Spa
Thermae Bath Spa
Terme di Saturnia
Market driver
Innovative service offerings by spa players
For a full, detailed list, view our report
Market challenge
Low point of differentiation compared to salons
For a full, detailed list, view our report
Market trend
Personalization of products and services
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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