Spa tourism is for the purpose of relaxation, healing or beautifying of the body in spas using preventative wellness and or curative medical techniques and hence, there is a conceptual overlap between wellness and spa tourism.
Spa is a core business within wellness tourism and accounts for a major portion of the wellness tourism economy. According to Global Wellness Economy Monitor, out of US$ 3.7 trillion global wellness economy in 2015, spa industry accounted for US$ 99 billion. Out of wellness sectors such as spa facilities, thermal/mineral springs, wellness tourism, work place wellness, and wellness life style real estate; wellness tourism is estimated to project 7.5% annual growth rate from 2015-2020.
Market Dynamics
- Government of various economies are including spa therapy as a branch of education to train and improve skills. For instance, Government of India added Spa Therapy in Craftsman Training Scheme and designed a curriculum and syllabus in 2014, for one year including practical and theory classes. Some of the universities providing spa management related degree program include Australian Academy of Beauty & Spa Therapy (Australia), Mahidol University International College (Thailand), Elégance Ecole Gontard (France), Asheville-Buncombe Technical Community College (US), Algonquin College (Canada), Alpine College (Greece), Plymouth University(UK), and Natura School of Advanced Beauty Therapy (India).
Key features of the study:
- This report provides in-depth analysis of spa market and provides market size (US$ Billion) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2025), considering 2017, as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new Spa resort launches, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global Spa market based on the following parameters – company overview, financial performance, Spa portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
- Key companies covered as a part of this study include, Four Seasons Hotel limited, Massage Envy Franchising LLC, Emirates Palace, Six Senses Hotels Resorts Spas, Jade Mountain Resort, Gaia Retreat & Spa, and Ananda, Lanserhof Tegernsee.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future Spa launch, technology up-gradation, market expansion and marketing tactics
- The global spa market report caters to various stakeholders in this industry including investors, suppliers, spa manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Spa market
Detailed Segmentation:
- Global Spa Market, By Spa Type:
- Salon/Day/Club Spa
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Global Spa Market, By Geography:
- North America
- U.S.
- By Spa Type:
- Salon/Day/Club Spa
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Canada
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)Europe
- U.K.
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Germany
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Italy
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- France
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Russia
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Rest of Europe
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Asia Pacific
- China
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- India
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Japan
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- ASEAN
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Australia
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- South Korea
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Rest of Asia Pacific
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Latin America
- Brazil
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Mexico
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Rest of Latin America
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Middle East
- GCC
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Israel
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Rest of Middle East
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Northern Africa
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Central Africa
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- South Africa
- By Spa Type:
- Medical Spa (Prenatal, Fitness and Therapy)
- Hotel Spa
- Destination Spa
- Mineral Spa
- Others(Pet, Baby, Mobile and Cruise Ship)
- Company Profiles
- Four Seasons Hotel limited.*
- Company Overview
- Spa Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Massage Envy Franchising LLC
- Emirates Palace
- Six Senses Hotels Resorts Spas
- Gaia Retreat & Spa
- Ananda
- Lanserhof Tegernsee
“*” marked represents similar segmentation in other categories in the respective section.
