Spa market Size and Share Analysis - Growth Trends & Forecasts (2024 - 2030)

Spa Market: size was valued at USD 12.70 Bn. In 2023 the total Global Spa Market revenue is growing by 5.81% from 2024 to 2030, reaching nearly USD 18.86 Bn.

Spa Market Overview:

The current condition of terminologies, segments, functions, and industry value chain structure was examined in the Spa Market Research Report. The report offers unbiased expert commentary on the current market situation, previous financial position, consumption patterns rates, demand and supply ratios, and revenue generation estimates for the forecasted time. The Spa Market report also includes information on the strategic aspirations and company growth plans of the major organizations in the Spa Market sector. Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Spa Market on both the global and regional levels.

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Market Scope:

Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the Spa Market on both the global and regional levels.

Segmentation:

by Type

Salon Spa
Hotel Spa
Medical Spa
Destination Spa
Mineral Spa
Others

by Services

Massage Therapies
Facial Treatments
Body Scrubs & Wraps
Medical & Cosmetic Procedures
Others

by End User

Male
Female

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Key Players:

The major players covered in the Spa Market report are

1. AccorHotels(Paris, France)
2. InterContinental Hotels Group (Denham, Buckinghamshire, UK)
3. Wyndham Hotels & Resorts (Parsippany, New Jersey, USA)
4. Shangri-La Hotels and Resorts (Hong Kong, China)
5. Hilton Worldwide(McLean, Virginia, USA)
6. Canyon Ranch (Tucson, Arizona, USA)
7. Sofitel (Paris, France)
8. Aman Resorts (Singapore)
9. Rosewood Hotels & Resorts(Hong Kong, China)
10. Kempinski Hotels (Geneva, Switzerland)
11. Oberoi Hotels & Resorts (New Delhi, India)
12. COMO Shambhala (Singapore)
13. Viceroy Hotels and Resorts (Los Angeles, California, USA)
14. L’Occitane en Provence (Manosque, France)
15. Elemis(London, UK)
16. Banyan Tree Holdings Limited (Singapore)
17. Mandarin Oriental Hotel Group (Hong Kong, China)
18. Anantara Hotels, Resorts & Spas(Bangkok, Thailand)
19. Shangri-La Hotels and Resorts (Hong Kong, China)
20. The Peninsula Hotels(Hong Kong, China)

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Regional Analysis:

The region portion of the research also provides key market-impacting components and changes in market regulatory oversight that have an impact on the market’s current and future trends. New deals, substitute sales, national demography, regulatory actions, and import-export taxes are some of the major variables used to forecast the market situation for different areas.

COVID-19 Impact Analysis on Spa Market:

The COVID-19 outbreak has had a significant impact on the global Spa Market industry. Due to the worldwide slump and a lack of employees, Spa Market manufacturing plants have been halted. The COVID-19 epidemic has caused a significant and long-term drop in production utilization, while travel prohibitions and facility closures have kept personnel away from their workplaces, causing the Spa Market to slow down.

Key Questions Answered in the Spa Market Report are:

Which segment had the largest share in the Spa Market?
What was the competitive scenario of the Spa Market?
Which are the key factors responsible for the Spa Market growth?
Which region held the maximum share in the Spa Market?

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