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Market dynamics
Factors such as iincreased adoption of facial, body and hair treatments in spas, a growing wellness tourism industry and brand positioning allowing premium pricing for spa services will drive the growth of the spa market. However, fragmented market could hamper market growth. This Hot Tub market analysis report also provides in-depth information about other upcoming trends which will have a considerable effect on the market growth.
Company Profiles
The spa market is fragmented and suppliers are deploying growth strategies such as strategic alliances with small regional suppliers to compete in the market. Some of the companies covered in this report are Aspira Spa, Cal-a-Vie Health Spa, Gaia Retreat & Spa, Hand & Stone Franchise Corp., HOT SPRINGS RESORT & SPA, Kempinski Hotels SA, Lanserhof GmbH, Marriott International Inc., ME SPE Franchising LLC and Rancho La Puerta Inc., etc.
Some companies with key offers
- Spa Aspira – The company offers a range of services such as massages, facials, dynamic body wraps, healing arts, specialist treatments, salon and manicure services and spa courses, among others. .
- Cal-a-Vie health spa – The company offers a wide range of services in the spa and beauty category, including Cal-A-Vie wine therapy massage, Cal-A-Vie wine therapy grape skin wrap, Vichy Cal-A-Vie wine therapy scrub, aromatic awakening massage, bamboo massage, poolside massage, and many others.
- Retreat & Spa Gaia – The company offers a range of products such as Gaia Deluxe, Bayron Bay Dream, Inner Serenity and Dreamtime Travel, among others.
- Hand & Stone Franchise Corp – The company offers a range of products such as therapeutic massage, facial and hair removal services, among others.
- THERMAL STATION AND SPA – The company offers a wide range of massage modalities ranging from relaxation to deeper and therapeutic massages, including mineral baths.
Competitive analysis
The report includes Competitive Analysis, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors considered for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.
Market segmentation
- Through Type, the market is categorized into day spa / club / salon, hotel / resort spa, destination spa, medical spa and others
- Through Geography, the market is classified as Europe, APAC, North America, South America, and MEA.
Related reports –
Wellness Tourism Market –The size of the wellness tourism market is expected to grow by $ 315.47 billion and registers a CAGR of 7% in 2020-2024. Download a free sample now!
Gyms and health clubs market –The gym and fitness club market has the potential to grow by USD 101.18 billion during the period 2021-2025, and the market growth momentum will slow to a CAGR of 15.39%. Download a free sample now!
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Scope of the spa market |
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Cover of the report |
Details |
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Page number |
120 |
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Year of reference |
2020 |
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Forecast period |
2021-2025 |
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Growth dynamics and CAGR |
Accelerate to a 6% CAGR |
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Market growth 2021-2025 |
$ 22.08 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
4.30 |
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Regional analysis |
Europe, APAC, North America, South America and MEA |
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Efficient contribution to the market |
Europe at 33% |
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Main consumer countries |
United States, China, Germany, France and Japan |
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Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
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Profiled companies |
Aspira Spa, Cal-a-Vie Health Spa, Gaia Retreat & Spa, Hand & Stone Franchise Corp., HOT SPRINGS RESORT & SPA, Kempinski Hotels SA, Lanserhof GmbH, Marriott International Inc., ME SPE Franchising LLC and Rancho La Puerta Inc . |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period, |
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Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
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