Product Code: PM1997
The global spa market size is expected to reach USD 185.56 billion by 2032 according to a new study by Polaris Market Research. The report "Spa Market Share, Size, Trends, Industry Analysis Report, By Type (Hotel/Resorts Spa, Destination Spa, Day/Salon Spa, Medical Spa, Mineral Spring Spa, Others), By Service, By End Use, By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global market is spurring due to some prominent factors such as rapid urbanization and development of the economies coupled with the considerable demand for opting these facilities for maintaining health and wellness drives the industry growth. Moreover, increasing sedentary lifestyles as well as working professional's chaotic schedules to pick these wellness centers for relaxing and relieving stress will further propel the industry growth. As a result, spas that embrace modified premium proficiencies through numerous facilities and treatments are gaining huge traction, which boosts the market.
Based on service type, the hotels/resorts segment has conquered the market with a leading revenue. Owing to the increasing numbers of hotel chains in the international market as well as the rising number of traveling and tourism activities lifts the segment growth. While the destination segment is expected to account for spotting the fastest growth rate due to availability of the varied type of these massages.
The growth is hastening by the growing awareness among people regarding healthy and well routines tied with the rising affordability for these facilities in emerging markets. Emerging economies are also perceiving a significant upsurge in the number of the working population, which is unveiling unhealthy lifestyles and high-stress levels. The requirement for appropriate stress management is essential, which can intensify people's interest in these services.
Augmenting consumer inclination towards healthy and standard lifestyles, many people are frequently searching for amenities that can release strain generated due to a busy lifestyle. Accordingly, these services are gaining significant traction, which, in turn, is growing the demand for spa and massage centers.
Major participants such as Clarins Group, Belmond Maroma Resort & SPA, Emirates Palace Spa, Four Seasons Hotel Limited, Gaia Retreat & SPA,Grand Resort Bad Ragaz AG, Hot Springs Resort & Spa, Jade Mountain, Mandarin Oriental Hotel Group, Lanserhof, Massage Envy, Omni Hotels & Resorts, Marriott International Inc., Planet Beach, Rancho La Puerta Inc, Six Senses Hotels Resorts SPAs, Trailhead SPA. are some of the key players operating in the global spa industry.
Polaris Market Research has segmented the spa market report on the basis of type, service, end-use and region:
Spa, Type Outlook (Revenue - USD Billion, 2019-2032)
- Hotel/Resorts
- Destination
- Day/Salon
- Medical
- Mineral Spring
- Others
Spa, Service Outlook (Revenue - USD Billion, 2019-2032)
- Massage
- Beauty/Grooming
- Physical Fitness
- Others
Spa, End-Use Outlook (Revenue - USD Billion, 2019-2032)
Spa, Regional Outlook (Revenue - USD Billion, 2019-2032)
- North America
- U.S.
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
- Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
- Latin America
- Mexico
- Brazil
- Argentina
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Spa Market Insights
- 4.1. Spa Market - Industry snapshot
- 4.2. Spa Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Hectic lifestyle in urban areas
- 4.2.1.2. Growing demand in emerging areas
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of service
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Spa Market Industry trends
- 4.6. COVID-19 Impact Analysis
5. Global Spa Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Spa Market, by Type, 2019-2032 (USD Billion)
- 5.3. Hotel/Resorts Spa
- 5.3.1. Global Spa Market, by Hotel/Resorts Spa , By Region, 2019-2032 (USD Billion)
- 5.4. Destination Spa
- 5.4.1. Global Spa Market, by Destination Spa , by Region, 2019-2032 (USD Billion)
- 5.5. Day/Salon Spa
- 5.5.1. Global Spa Market, by Day/Salon Spa, by Region, 2019-2032 (USD Billion)
6. Global Spa Market, by Service
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Spa Market, by Service, 2019-2032 (USD Billion)
- 6.3. Massage
- 6.3.1. Global Spa Market, by Massage, by Region, 2019-2032 (USD Billion)
- 6.4. Beauty/Grooming
- 6.4.1. Global Spa Market, by Beauty/Grooming, by Region, 2019-2032 (USD Billion)
- 6.5. Physical Fitness
- 6.5.1. Global Spa Market, by Physical Fitness, by Region, 2019-2032 (USD Billion)
- 6.6. Others
- 6.6.1. Global Spa Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Spa Market, by End-Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Spa Market, by End-Use, 2019-2032 (USD Billion)
- 7.3. Male
- 7.3.1. Global Spa Market, by Male, by Region, 2019-2032 (USD Billion)
- 7.4. Female
- 7.4.1. Global Spa Market, by Female, by Region, 2019-2032 (USD Billion)
8. Spa Market Assessment by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Spa Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Spa Market - North America
- 8.3.1. North America: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.3.2. North America: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.3.3. North America: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.4. Spa Market - U.S.
- 8.3.4.1. U.S.: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.5. Spa Market - Canada
- 8.3.5.1. Canada: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4. Spa Market - Europe
- 8.4.1. Europe: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.3. Europe: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.4. Spa Market - UK
- 8.4.4.1. UK: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.5. Spa Market - France
- 8.4.5.1. France: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.3. France: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.6. Spa Market - Germany
- 8.4.6.1. Germany: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.7. Spa Market - Italy
- 8.4.7.1. Italy: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.8. Spa Market - Spain
- 8.4.8.1. Spain: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.9. Spa Market - Netherlands
- 8.4.9.1. Netherlands: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.10. Spa Market - Austria
- 8.4.10.1. Austria: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.4.10.2. Austria.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.3. Austria: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.5. Spa Market - Asia-Pacific
- 8.5.1. Asia Pacific: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.4. Spa Market - China
- 8.5.4.1. China: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.3. China: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.5. Spa Market - India
- 8.5.5.1. India: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.3. India: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.6. Spa Market - Malaysia
- 8.5.6.1. Malaysia: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.7. Spa Market - Japan
- 8.5.7.1. Japan: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.8. Spa Market - Indonesia
- 8.5.8.1. Indonesia: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.9. Spa Market - Australia
- 8.5.9.1. Australia: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.5.9.2. Australia.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.3. Australia: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.6. Spa Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.4. Spa Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.5. Spa Market - UAE
- 8.6.5.1. UAE: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.6. Spa Market - Israel
- 8.6.6.1. Israel: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.7. Spa Market - South Africa
- 8.6.7.1. South Africa: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.7. Spa Market - Latin America
- 8.7.1. Latin America: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.4. Spa Market - Mexico
- 8.7.4.1. Mexico: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.5. Spa Market - Brazil
- 8.7.5.1. Brazil: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Spa Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.6. Spa Market - Argentina
- 8.7.6.1. Argentina: Spa Market, by Service, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Spa Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Spa Market, by End-Use, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Emirates Palace Spa
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Service Benchmarking
- 10.1.4. Recent Development
- 10.2. Clarins Group
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Service Benchmarking
- 10.2.4. Recent Development
- 10.3. Belmond Maroma Resort & SPA
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Service Benchmarking
- 10.3.4. Recent Development
- 10.4. Four Seasons Hotel Limited
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Service Benchmarking
- 10.4.4. Recent Development
- 10.5. Gaia Retreat & SPA
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Service Benchmarking
- 10.5.4. Recent Development
- 10.6. Grand Resort Bad Ragaz AG
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Service Benchmarking
- 10.6.4. Recent Development
- 10.7. Hot Springs Resort & Spa
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Service Benchmarking
- 10.7.4. Recent Development
- 10.8. Jade Mountain
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Service Benchmarking
- 10.8.4. Recent Development
- 10.9. Lanserhof
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Service Benchmarking
- 10.9.4. Recent Development
- 10.10. Mandarin Oriental Hotel Group
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Service Benchmarking
- 10.10.4. Recent Development
- 10.11. Marriott International Inc.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Service Benchmarking
- 10.11.4. Recent Development
- 10.12. Massage Envy
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Service Benchmarking
- 10.12.4. Recent Development
- 10.13. Omni Hotels & Resorts
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Service Benchmarking
- 10.13.4. Recent Development
- 10.14. Planet Beach
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Service Benchmarking
- 10.14.4. Recent Development
- 10.15. Rancho La Puerta Inc
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Service Benchmarking
- 10.15.4. Recent Development
- 10.16. Six Senses Hotels Resorts SPAs
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Service Benchmarking
- 10.16.4. Recent Development
- 10.17. Trailhead SPA
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Service Benchmarking
- 10.17.4. Recent Development