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Global Spa Market: Analysis of Opportunities Offered by High Growth Economies, Review till 2026
Fact.MR
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The changing trends is expected to fuel significant demand for investing in spa therapies for health and wellness consciousness. Hectic schedules is resulting in mental exhaustion along with eating and sleeping disorders globally. Unhealthy lifestyle has led to growing need for stress management, peace of mind and detoxification of the system. Demand for spa therapies is expected to remain high attributed to increasing need for maintaining a physically and mentally healthy lifestyle. In addition, prevalence of chronic diseases is further expected to boost demand for spa therapies globally. Surge in demand for detoxification of system, stress management and therapies for chronic disorders is expected to propel growth of the global spa market significantly.
According to Fact.MR, the global spa market is expected to represent a value of over US$ 140,000 Mn by the end of 2026.
Pain Management to Boost Demand for Spa Therapies
Mental exhaustion and stress due to hectic lifestyle has led to increased spending on relaxing and rejuvenating therapies such as spa and aromatherapy. With the increasing disposable, customers prefer spending on luxurious services and relaxing therapies. Increasing demand for rejuvenating and relaxing therapies to detoxify the system will continue to fuel demand for range of spa therapies. Hectic routines can further lead to physical stress leading to increasing demand for pain management. Demand for pain management will continue to contribute towards growth of the global spa market significantly. Leading players in the global market are increasingly capitalizing on such opportunity and offering range spa therapies to gain a competitive edge.
Anti-Ageing Treatment to Impact Global Market Growth
Growing need for anti-ageing treatments for clogged pores, acne, wrinkles and hyper-pigmentation is further expected to impact growth of the global spa market. Increasing old age population is increasingly spending on non-surgical treatments such as exfoliation and peel to improve their physical and mental health. Detoxification of the system and anti-stress treatment will continue to rev up demand for spa treatments in the global market. Such factors are expected to contribute towards growth of the global spa market during the forecast period.
Sales for Thermal/Mineral Springs Spa to Remain High
Growing need to treat various physical ailments such as rheumatism and depression has led to an upsurge in demand for thermal/mineral springs spa globally. During the forecast period, the thermal/mineral spas product type segment is projected to reflect the highest CAGR. In terms of revenue, the hotel/resort spas segment is projected to represent robust revenue growth, recording more than US$ 20,000 Mn by 2026-end.
Market Players
Major players in the global market of spa are COMO Shambhala Estate, Grand Resort Bad Ragaz, Forte Village Resort, Canyon Ranch, Chiva Som International Health Resort, St. Regis Bahia Beach Resort, Four Seasons Resort Bora Bora, The Connaught, The Chedi Andermatt and Rancho La Puerta.
Scope
The scope of Fact.MR’s report is to analyze the global spa market for the forecast period 2017-2026 and provide readers an unbiased and accurate analysis. Spa manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to spa.
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Table Of Content
1. Global Outlook
2. Global Spa Market - Executive Summary
3. Global Spa Market Overview
3.1. Introduction
3.1.1. Global Spa Market Taxonomy
3.1.2. Global Spa Market Definition
3.2. Global Spa Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Spa Market Y-o-Y Growth
3.3. Global Spa Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Value Chain Analysis
3.8. Product Life Cycle
3.9. PESTLE Analysis
3.10. Porter's Five Forces Analysis
3.11. Regulatory Framework
3.12. Opportunities For Spa in Wellness Industry
3.13. Importance of Spa over Wellness
3.14. Consumers Interest in Spa offerings for wellness
3.15. Global Spa Economy Share
3.16. Thermal/Mineral Spring Industry (with/without spa)
3.17. Wellness Sector Growth Projections
3.18. Spa Facilities & Revenue by Region
3.19. Top 20 Spa Markets
3.20. Spa Facilities & Revenue By Type
3.21. Spa Facility Employment
3.22. Global Spa Economy
3.23. Key Participants Market Presence (Intensity Map) By Region
Continue…@@
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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