lobal Spa Market Size, Trends, By Service Type (Massage, Beauty/Grooming, Physical Fitness, Other Service Types), By Facility Type (Hotel/Resorts Spa, Destination Spa, Day/Salon Spa, Medical Spa, Mineral Spring Spa, Other Facility Types), By End User (Male, Female) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Spa Market
Global Spa Market was valued at US$ 61 Bn in 2022, estimated to reach US$ 156 Bn by 2030, with a CAGR of 9.98 % from 2023-2030.
A spa is a location where mineral-rich spring water is used to provide therapeutic baths. Balneotherapy, a term used to describe a number of medical procedures, is frequently offered in spa towns or spa resorts. The term 'spa' refers to a wide range of services and can refer to anything from a massage and small facial business to huge leisure resorts. These relaxing and bathing areas were thought to improve well-being and health.
Market Drivers
The market's growing pace can be attributed to factors such as the rising prevalence of lifestyle-related disorders and the shifting emphasis on wellness and health activities. As a result of urbanization, hectic lifestyles, and a growth in the working population, more individuals are turning to wellness and other personal care activities such as sauna treatments, spa therapies, and other body therapies. Spa treatments provide several benefits, such as increasing sleep, making skin more luminous, lowering stress, releasing dopamine and serotonin, reducing headaches, soothing pain, enhancing blood flow and circulation, assisting with anti-aging issues, and boosting confidence, among others.
The growing demand for anti-aging therapies for acne, wrinkles, clogged pores, and hyperpigmentation is likely to drive market expansion. To improve their mental and physical health, the growing elderly population is increasingly spending on non-surgical procedures such as peels and exfoliation. Anti-stress therapies and system purification will drive up demand for spa services in the global market.
Market Restraints
The shift in customer preferences toward the risky chemical-based spa can be due to the rising demand for personal care goods. Another factor in men's grooming is the demographic of males over the age of 55. When it comes to the use of grooming products, these people are just marginally active in personal grooming. So, the challenge is to sell these products and persuade people to change their lifestyles. This demographic factor will slow market expansion.
Market Segmentation
The scope of the Global Spa Market covers segmentation based on By Service Type, By Facility Type, By End User and By Region.
By Service Type, the market is segmented into Massage, Beauty/Grooming, Physical Fitness, Other Service Types. By Facility Type, the market is segmented into Hotel/Resorts Spa, Destination Spa, Day/Salon Spa, Medical Spa, Mineral Spring Spa, Other Facility Types. By End User, the market is segmented into Male, Female.
Regional Analysis
The Global Spa Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the rising consumer interest in Ayurveda massage, lomi massage, Thai massage, and other therapies, particularly in the United Kingdom, Germany, and France, Europe now controls the majority of the global spa business. Furthermore, many spa vendors in Europe have established a wide range of services to encourage healthy living in response to the rising popularity of wellness among regular people.
Due to the expansion of the tourism industry and rising disposable income, particularly in developing countries such as China and India, Asia-Pacific is expected to be the fastest developing area throughout the projected period. Growth in the market will also be fueled by the region's burgeoning hotel sector and the rising popularity of conventional spas like Ayurveda and Thai massage.
Key Players
Planet Beach Franchising Corporation, Hot Springs Resort & Spa, Four Seasons Hotel Limited, ME SPE Franchising, LLC., Lanserhof, Jade Mountain, Rancho La Puerta Inc., Mandarin Oriental Hotel Group Limited, Crown Resorts Limited, Caesars Entertainment.
Market Taxonomy
By Service Type
• Massage
• Beauty/Grooming
• Physical Fitness
• Other Service Types
By Facility Type
• Hotel/Resorts Spa
• Destination Spa
• Day/Salon Spa
• Medical Spa
• Mineral Spring Spa
• Other Facility Types
By End User
• Male
• Female
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Spa Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Spa Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Spa Market, By Service Type
5.1 Y-o-Y Growth Comparison, By Service Type
5.2 Global Spa Market Share Analysis, By Service Type
5.3 Global Spa Market Size and Forecast, By Service Type
5.3.1 Massage
5.3.2 Beauty/Grooming
5.3.3 Physical Fitness
5.3.4 Other Service Types
6 Global Spa Market, By Facility Type
6.1 Y-o-Y Growth Comparison, By Facility Type
6.2 Global Spa Market Share Analysis, By Facility Type
6.3 Global Spa Market Size and Forecast, By Facility Type
6.3.1 Hotel/Resorts Spa
6.3.2 Destination Spa
6.3.3 Day/Salon Spa
6.3.4 Medical Spa
6.3.5 Mineral Spring Spa
6.3.6 Other Facility Types
7 Global Spa Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Spa Market Share Analysis, By End User
7.3 Global Spa Market Size and Forecast, By End User
7.3.1 Male
7.2.2 Female
8 Global Spa Market, By Region
8.1 Global Spa Market Share Analysis, By Region
8.2 Global Spa Market Size and Forecast, By Region
8.3 Global Spa Market Trends and Forecast, By Region
9 North America Spa Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Spa Market Share Analysis, By Service Type
9.3 North America Spa Market Size and Forecast, By Facility Type
9.4 North America Spa Market Size and Forecast, By End User
9.5 North America Spa Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Service Type
9.5.1.2 Market Size and Forecast, By Facility Type
9.5.1.3. Market Size and Forecast, By End User
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Service Type
9.5.2.2 Market Size and Forecast, By Facility Type
9.5.2.3. Market Size and Forecast, By End User
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Service Type
9.5.3.2 Market Size and Forecast, By Facility Type
9.5.3.3. Market Size and Forecast, By End User
10 Europe Spa Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Spa Market Share Analysis, By Service Type
10.3 Europe Spa Market Size and Forecast, By Facility Type
10.4 Europe Spa Market Size and Forecast, By End User
10.5 Europe Spa Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Service Type
10.5.1.2 Market Size and Forecast, By Facility Type
10.5.1.3. Market Size and Forecast, By End User
10.5.2 France
10.5.2.1. Market Size and Forecast, By Service Type
10.5.2.2 Market Size and Forecast, By Facility Type
10.5.2.3. Market Size and Forecast, By End User
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Service Type
10.5.3.2 Market Size and Forecast, By Facility Type
10.5.3.3. Market Size and Forecast, By End User
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Service Type
10.5.4.2 Market Size and Forecast, By Facility Type
10.5.4.3. Market Size and Forecast, By End User
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Service Type
10.5.5.2 Market Size and Forecast, By Facility Type
10.5.5.3. Market Size and Forecast, By End User
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Service Type
10.5.6.2 Market Size and Forecast, By Facility Type
10.5.6.3. Market Size and Forecast, By End User
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Service Type
10.5.7.2 Market Size and Forecast, By Facility Type
10.5.7.3. Market Size and Forecast, By End User
11 Asia Pacific Spa Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Spa Market Share Analysis, By Service Type
11.3 Asia Pacific Spa Market Size and Forecast, By Facility Type
11.4 Asia Pacific Spa Market Size and Forecast, By End User
11.5 Asia Pacific Spa Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Service Type
11.5.1.2 Market Size and Forecast, By Facility Type
11.5.1.3. Market Size and Forecast, By End User
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Service Type
11.5.2.2 Market Size and Forecast, By Facility Type
11.5.2.3. Market Size and Forecast, By End User
11.5.3 India
11.5.3.1. Market Size and Forecast, By Service Type
11.5.3.2 Market Size and Forecast, By Facility Type
11.5.3.3. Market Size and Forecast, By End User
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Service Type
11.5.4.2 Market Size and Forecast, By Facility Type
11.5.4.3. Market Size and Forecast, By End User
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Service Type
11.5.5.2 Market Size and Forecast, By Facility Type
11.5.5.3. Market Size and Forecast, By End User
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Service Type
11.5.6.2 Market Size and Forecast, By Facility Type
11.5.6.3. Market Size and Forecast, By End User
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Service Type
11.5.7.2 Market Size and Forecast, By Facility Type
11.5.7.3. Market Size and Forecast, By End User
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Service Type
11.5.8.2 Market Size and Forecast, By Facility Type
11.5.8.3. Market Size and Forecast, By End User
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Service Type
11.5.9.2 Market Size and Forecast, By Facility Type
11.5.9.3. Market Size and Forecast, By End User
12 Latin America Spa Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Spa Market Share Analysis, By Service Type
12.3 Latin America Spa Market Size and Forecast, By Facility Type
12.4 Latin America Spa Market Size and Forecast, By End User
12.5 Latin America Spa Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Service Type
12.5.1.2 Market Size and Forecast, By Facility Type
12.5.1.3. Market Size and Forecast, By End User
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Service Type
12.5.2.2 Market Size and Forecast, By Facility Type
12.5.2.3. Market Size and Forecast, By End User
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Service Type
12.5.3.2 Market Size and Forecast, By Facility Type
12.5.3.3. Market Size and Forecast, By End User
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Service Type
12.5.4.2 Market Size and Forecast, By Facility Type
12.5.4.3. Market Size and Forecast, By End User
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Service Type
12.5.5.2 Market Size and Forecast, By Facility Type
12.5.5.3. Market Size and Forecast, By End User
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Service Type
12.5.6.2 Market Size and Forecast, By Facility Type
12.5.6.3. Market Size and Forecast, By End User
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Service Type
12.5.7.2 Market Size and Forecast, By Facility Type
12.5.7.3. Market Size and Forecast, By End User
13 Middle East Spa Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Spa Market Share Analysis, By Service Type
13.3 Middle East Spa Market Size and Forecast, By Facility Type
13.4 Middle East Spa Market Size and Forecast, By End User
13.5 Middle East Spa Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Service Type
13.5.1.2 Market Size and Forecast, By Facility Type
13.5.1.3. Market Size and Forecast, By End User
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Service Type
13.5.2.2 Market Size and Forecast, By Facility Type
13.5.2.3. Market Size and Forecast, By End User
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Service Type
13.5.3.2 Market Size and Forecast, By Facility Type
13.5.3.3. Market Size and Forecast, By End User
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Service Type
13.5.4.2 Market Size and Forecast, By Facility Type
13.5.4.3. Market Size and Forecast, By End User
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Service Type
13.5.5.2 Market Size and Forecast, By Facility Type
13.5.5.3 Market Size and Forecast, By End User
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Service Type
13.5.6.2 Market Size and Forecast, By Facility Type
13.5.6.3 Market Size and Forecast, By End User
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Planet Beach Franchising Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Hot Springs Resort & Spa
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Four Seasons Hotel Limited.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 ME SPE Franchising, LLC.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Lanserhof
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Jade Mountain
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Rancho La Puerta Inc.
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Mandarin Oriental Hotel Group Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Crown Resorts Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Caesars Entertainment
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
