Report forecast the global spa market to grow at a
CAGR of 8.7% during the period 2016-2020.
With increasingly hectic lifestyles and a rise in
healthcare costs, many people are looking for ways to get and stay
healthy. Spas offer a way for people to
jump start a good and healthy lifestyle and there are multiple options for
consumers to choose. The decision to go to a specific spa could stem from
reasons like needing to get away or even due to doctor’s orders. Spas are a great place to get help with a new
diet and also an exercise regimen, which suits a specific lifestyle.
The report covers the present scenario and the
growth prospects of the global spa market for 2016-2020. To calculate the
market size, the report takes into account the revenue generated from spa
services offered by:
- Day, club, and salon spas
- Hotel and resort spas
- Medical spas
- Destination spas and health resorts
- Other spas (includes thermal and mineral spas)
The market is divided into the following
segments based on geography:
- Europe
- APAC
- North America
- ROW
According to the report, rapid globalization has
resulted in the expansion and growth of the spa industry globally. Large
players have established global networks to reduce their costs in the highly
competitive market environment. Efficient integration of technology by stakeholders
and the global reduction of trade and investment barriers have aided the
globalization of the spa market. Developing countries are especially interested
in attracting global players operating in the spa industry.
Further, the report states that the shortage of
skilled labor is currently one of the prime concerns in the spa industry. One
of the main reasons for this shortage, which is particularly significant at the
management level, is the lack of competitive training.
Global Spa Market 2016-2020, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors
operating in this market.
key players in the Global Spa Market: Hot Springs
Resort and Spa, Massage Envy, Lanserhof, Rancho La Puerta, and St. Regis Aspen
Resort.
Other Prominent Vendors in the market are:
Reflections Medical Spa, Young Medical Spa, Clinique La Prairie, Aspira Spa,
Cal-a-Vie Health Spa, Canyon Ranch Lenox, Hand and Stone, Woodhouse Day Spa,
Agua Spa, The Spa at The Oberoi, Emirates Palace Spa, Four Seasons Spa, The
Mineral Spa, Terme di Saturnia Spa & Golf Resort, and Fernland Spa Thermal
Mineral Springs.
Market driver
- Globalization of companies
- For a full, detailed list, view our report
Market challenge
- Highly fragmented market
- For a full, detailed list, view our report
Market trend
- Personalization of products and services
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 55 pages and 34 Exhibit “Global
Spa Market 2016 - 2020” report covers Executive summary, Scope of the report,
Market research methodology, Introduction, Market landscape, Global profile,
Market segmentation by spa type, Geographical segmentation, Key leading
countries, Market drivers, Impact of drivers, Market challenges, Impact of
drivers and challenges, Market trends, Vendor landscape, Other prominent
vendors.
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