HTF Market Intelligence released a new research report of 102 pages on title ‘Global Spa Market Insights by Application, Product Type, Competitive Landscape Regional Forecast 2025’ with detailed analysis, forecast and strategies. The study covers key regions that includes South America, Asia Pacific , Europe, MEA , North America and important players such as Massage Envy Franchising (United States), Massage Envy (United States), St. Regis Aspen Resort (United States), Reflections Medical Spa (United States) etc.
Scope of the Study
With increasingly hectic lifestyles and a rise in healthcare costs, many people are looking for ways to get and stay healthy. Spas offer a way for people to jump start a good and healthy lifestyle and there are multiple options for consumers to choose.
HTF, a global market research and consulting organization, have released a new study titled “Global Spa Market market – Global outlook to 2023”.
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Spa Market market to grow at a CAGR of 5.73% to aggregate USD160.34 Billion by 2023.
Consistent with the World Health Organization’s definition of “health,” the 2013 Global Wellness Tourism Economy report defines wellness as a state of complete physical, mental, and social well-being.
According to International Spa Association in the U.S., 179 million spa visits were reported in 2015, and the number of resort/hotel spas at the end of 2015, was estimated to be 1,800 representing a rise of 1.3% 2014 level.
Global Spa Product Types In-Depth: Day/club/salon spa, Hotels and resorts spa, Medical spa, Destination spa and Thermal/mineral spring spa
Geographical Analysis: South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico)
Competitive Analysis: HOT SPRINGS RESORT SPA (United States) , Marriott International (United States) , Massage Envy Franchising (United States) , Massage Envy (United States) , St. Regis Aspen Resort (United States) , Reflections Medical Spa (United States) , Young Medical Spa (United States) , Aspira Spa (United States) , Cal-a-Vie Health Spa (United States) , Canyon Ranch Lenox (United States) , Hand and Stone (United States) , Rancho La Puerta (Mexico) , Clinique La Prairie (Switzerlad) , Lanserhof (Austria) , Agua Spa (Italy) , The Spa at The Oberoi (India) , Emirates Palace Spa (United Arab Emirates) , Four Seasons Spa (Canada) , The Mineral Spa (Australia) , Terme di Saturnia Spa Golf Resort (Italy) and Fernland Spa (NewZealand) are some of the key players profiled in the study.
Growth in tourism industry
Homemade spa solution at lower cost
Increasing availability of flotation therapy spa services
Rising demand for organic and natural process
Not affordable by mass population
Lack of financing by investors
Personalization of product and services
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Table of Contents
1 Market Overview
1.1 Spa Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
3 Global Spa Market Competition, by Manufacturer
4 Global Spa Market Analysis by Regions
5 North America Spa by Countries, Type, Application and Manufacturers
6 Europe Spa by Countries, Type, Application and Manufacturers
7 Asia-Pacific Spa by Countries, Type, Application and Manufacturers
8 South America Spa by Countries, Type, Application and Manufacturers
9 Middle East and Africa Spa by Countries, Type, Application and Manufacturers
10 Global Spa Market Segment by Type
11 Global Spa Market Segment by Application
12 Spa Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion