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Spa Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global spa market size reached US$ 44.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 91.2 Billion by 2027, exhibiting a growth rate (CAGR) of 12.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. 

Spa refers to a commercial establishment that provides health management and body relaxation services. The services offered include a wide range of therapeutic treatments, such as massages, body scrubs, steam baths, facials, sauna baths, manicures and pedicures. They are most commonly provided by day spas, hotel and resorts spas, destination spas, medical spas and mineral or thermal spas. These establishments also offer customizable treatments that have anti-aging and de-stressing effects and are also beneficial for managing stress, medical ailments, detoxifying the body, weight management and boosting the immune system.

 

 
 

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Significant growth in the wellness tourism industry is one of the key factors creating a positive outlook for the market. Furthermore, increasing health consciousness among the masses is also driving to the market growth. Due to rapid urbanization, sedentary lifestyles and hectic schedules of working professionals, there is a growing preference for therapeutic spas to reduce anxiety and stress. In line with this, spas offering personalized premium and super-premium experiences through various wellness programs and treatments are also gaining immense traction as they are expanding their customer base to individuals that prefer to relax in a comfortable ambiance. Additionally, the availability of natural and organic procedures and floatation therapies and the increasing utilization of innovative marketing strategies on social media to strengthen brand positioning are acting as other growth-inducing factors. Contemporary spas that provide facial and detoxifying treatments by using organic ingredients, peels and water-based elements that promote natural healing of the skin, along-with the rising expenditure capacities of the consumers, have also augmented the industry growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global spa market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and end user.

Breakup by Type:

 

 
 

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  • Salon Spa
  • Hotel and Resort Spa
  • Medical Spa
  • Destination Spa
  • Thermal Spring Spa
  • Others
     

Breakup by End User:

  • Male
  • Female
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Canyon Ranch Inc., Emirates Palace, Four Seasons Hotels Limited, Grand Resort Bad Ragaz AG, Harrison Hot Springs Resort & Spa Corp., Lanserhof GmbH, Marriott International Inc., Massage Envy Franchising LLC, Planet Beach Franchising Corporation, Rancho La Puerta Inc. and Six Senses Hotels Resorts Spas (InterContinental Hotels Group).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Canyon Ranch Inc., Emirates Palace, Four Seasons Hotels Limited, Grand Resort Bad Ragaz AG, Harrison Hot Springs Resort & Spa Corp., Lanserhof GmbH, Marriott International Inc., Massage Envy Franchising LLC, Planet Beach Franchising Corporation, Rancho La Puerta Inc. and Six Senses Hotels Resorts Spas (InterContinental Hotels Group)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global spa market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global spa market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global spa market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Spa Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Salon Spa
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Hotel and Resort Spa
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Medical Spa
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Destination Spa
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Thermal Spring Spa
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Breakup by End User
    7.1    Male
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Female
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
13  Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Canyon Ranch Inc.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio 
        13.3.2    Emirates Palace
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Four Seasons Hotels Limited
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio 
           13.3.3.3 SWOT Analysis
        13.3.4    Grand Resort Bad Ragaz AG
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio 
        13.3.5    Harrison Hot Springs Resort & Spa Corp.
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio 
        13.3.6    Lanserhof GmbH
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio 
           13.3.6.3 Financials
        13.3.7    Marriott International Inc.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 Financials 
           13.3.7.4 SWOT Analysis
        13.3.8    Massage Envy Franchising LLC
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio 
        13.3.9    Planet Beach Franchising Corporation
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Rancho La Puerta Inc.
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio 
        13.3.11    Six Senses Hotels Resorts Spas (InterContinental Hotels Group)
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio 

List of Figures

Figure 1: Global: Spa Market: Major Drivers and Challenges
Figure 2: Global: Spa Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Spa Market: Breakup by Type (in %), 2021
Figure 4: Global: Spa Market: Breakup by End User (in %), 2021
Figure 5: Global: Spa Market: Breakup by Region (in %), 2021
Figure 6: Global: Spa Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 7: Global: Spa (Salon) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Spa (Salon) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Spa (Hotel and Resort) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Spa (Hotel and Resort) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Spa (Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Spa (Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Spa (Destination) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Spa (Destination) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Spa (Thermal Spring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Spa (Thermal Spring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Spa (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Spa (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Spa (Male) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Spa (Male) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Spa (Female) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Spa (Female) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: North America: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: North America: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: United States: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: United States: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Canada: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Canada: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Asia Pacific: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Asia Pacific: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: China: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: China: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Japan: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Japan: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: India: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: India: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: South Korea: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: South Korea: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Australia: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Australia: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Indonesia: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Indonesia: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Others: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Others: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Europe: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Europe: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Germany: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Germany: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: France: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: France: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: United Kingdom: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: United Kingdom: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Italy: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Italy: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Spain: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Spain: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Russia: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Russia: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Others: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Others: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Latin America: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Latin America: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Brazil: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Brazil: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Mexico: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Mexico: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Middle East and Africa: Spa Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Middle East and Africa: Spa Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Global: Spa Industry: SWOT Analysis
Figure 72: Global: Spa Industry: Value Chain Analysis
Figure 73: Global: Spa Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Spa Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Spa Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Spa Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 4: Global: Spa Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Spa Market Structure
Table 6: Global: Spa Market: Key Players


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