Press release
Market Highlights: Spa Market in the US to grow at a CAGR of 5.6% during the period 2016-2020: Key Vendors are Elements, Massage Envy, Planet Beach etc.
About the Spa Market in the US
Owing to todays hectic lifestyles, the need for de-stressing is gaining utmost importance. This factor, coupled with the growing demand for exclusive beauty services and treatments, is driving the spa market in the US. To address the growing demand for spa services across the country and to increase their profit margins, vendors are focusing more on expanding their services across different states in the US. The popularity of spa services is evident from the fact that there are more than 22,000 spas in the US alone, and this number is increasing rapidly.
Technavios analysts forecast the spa market in the US to grow at a CAGR of 5.6% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the spa market in the US for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the spa services offered by day and club spas, hotel and resort spas, medical spas, destination spas, and mineral and thermal spring spas.
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Technavio's report, Spa Market in the US 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.
Key vendors
Elements
Hand and Stone
Massage Envy
Planet Beach
The Woodhouse Day Spa
Other prominent vendors
Allyu Spa
Aspira Spa
Cal-a-Vie Health Spa
Canyon Ranch
Elizabeth Arden Red Door Spa
Browse more details @ http://www.researchmoz.us/spa-market-in-the-us-2016-2020-report.html
Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: US profile
Economic indicators
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by spa type
Spa market in US
Day and club spa market in US
Hotel and resort spa market in US
Medical spa market in US
Destination spa market in US
Mineral and thermal spring spa market in US
PART 08: Market drivers
Boom in wellness industry
Globalization of companies
Innovative offerings
Unique services and growing popularity of spas
Wellness and lifestyle trend
Growing number of working women
Popularity of massage service
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