Global Spa Services Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24812565

Publishing Date : 01-Sep-2023

No. of pages : 115

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  • According to the latest research, the global Spa Services market size was valued at USD 147482.0 million in 2022 and is expected to expand at a CAGR of 8.7% during the forecast period, reaching USD 243230.0 million by 2028.

    Increasing the focus on health and beauty and rising expenditure on luxuries is the major drivers of the market.
    With the growing demand for health and wellness conscious among consumers which tends to drive the global spa service market. It has become an alternative trend for bachelorettes for relaxation and keep away from the hectic lifestyle. The rapid growth of the economy and rising urbanization have spawned modern class consumers with more money to spend which indulged in growing wellness services. The most targeted customers for this sector were females than male but with the changing trends and increasing wellness and health consciousness among customers is expected to drive the spa service market globally.

    Lack of trained personnel.
    The global spa services market is restrained by the lack of presence of skilled labor. Presently, in majority of the developing countries the massage therapists employed in the spas lack the professional training required to deliver effective and satisfactory spa facilities. Moreover, spas have to incur huge cost in order to employ well-trained therapists. Owing to rising competition in the market, spa owners have started to invest in spa education such as on-the-job training programs of international standards for better service. Thus, in order to deliver better services & customer satisfaction the spas would continue to invest more in education and training of the employees.

    Increased Demand in Emerging Markets
    Rising demand from emerging markets is expected to propel the demand for spa services in future owed to the rising personal disposable income of the people. Moreover, developing economies are also witnessing a rise in a number of working populations which is exhibiting high-stress levels and unhealthy lifestyles. Thus, need for stress management is contributing to the demand for spa in these countries. In order to meet the rising demand for spa services, the trend for budget spas services is getting prevalent in emerging markets.

    Region Overview:
    In global comparison, a significant portion of the revenue was generated in Europe (33.88% in 2022).

    Company Overview:
    Massage Envy is one of the major players operating in the Spa Services market, holding a share of 1.32% in 2023.

    Massage Envy
    Massage Envy, LLC provides therapeutic massage services. The Company offers a range of services for men and women including full-body and partial-body massage therapies and facial skin treatments.

    Marriott Hotels International Inc
    Marriott Hotels International Inc owns and operates hotels and motels. The Company provides hotel accommodations, luxury suites, car rental, fitness and recreation, pool, internet, and other amenities. Marriott Hotels International serves customers worldwide.

    Segmentation Overview:
    Among different product types, Salon segment is anticipated to contribute the largest market share in 2028.

    Application Overview:
    By application, the Relax and Beauty Care segment occupied the biggest share from 2018 to 2022.

    This report elaborates on the market size, market characteristics, and market growth of the Spa Services industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Spa Services. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

    Key Points this Global Spa Services Market Report Include:
    Market Size Estimates: Spa Services market size estimation in terms of revenue and sales from 2018-2028
    Market Dynamic and Trends: Spa Services market drivers, restraints, opportunities, and challenges
    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Spa Services market
    Segment Market Analysis: Spa Services market revenue and sales by type and by application from 2018-2028
    Regional Market Analysis: Spa Services market situations and prospects in major and top regions and countries
    Spa Services Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
    Spa Services Industry Chain: Spa Services market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
    Spa Services Industry News, Policies by regions
    Spa Services Industry Porters Five Forces Analysis

    Key players in the global Spa Services market are covered in Chapter 2:
    Four Seasons Hotel Limited
    Clarins Group
    Hot Springs Resort and Spa
    Belmond Maroma Resort & Spa
    Marriott International
    SIYANLI
    Jade Mountain
    Massage Envy
    Six Senses Hotels Resorts Spas
    Rubis SPA
    Emirates Palace
    Rancho La Puerta
    St. Regis Aspen Resort
    Lanserhof Tegernsee
    Trailhead Spa
    Beauty Farm

    In Chapter 6 and Chapter 9, on the basis of types, the Spa Services market from 2018 to 2028 is primarily split into:
    Salon
    Hotel
    Medical
    Destination
    Mineral
    Others

    In Chapter 7 and Chapter 10, on the basis of applications, the Spa Services market from 2018 to 2028 covers:
    Wellness Treatments
    Relax and Beauty Care

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
    United States
    Europe
    China
    Japan
    India
    Southeast Asia
    Latin America
    Middle East and Africa
    Others

    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

    Chapter Outline
    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Spa Services market size in terms of revenue, sales volume, and average price.

    Chapter 2 analyzes the main companies in the Spa Services industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

    Chapter 3 is an analysis of the competitive environment of Spa Services market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

    Chapter 4 is an analysis of the Spa Services industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

    Chapter 5 focuses on Spa Services market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

    Chapters 6-8 have segmented the Spa Services market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

    Chapters 9-11 provide detailed Spa Services market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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