Global Spa Services Market Overview:
A spa is a place that provides a range of services for health management as well as body relaxation. These spa services include massages, steam baths, body scrubs, facials, waxing, & nail care, among many other services. Spa is generally used to describe a resort located by mineral springs which are supposed to have health-promoting properties, but this also includes wider array of commercial facilities providing wellness treatments. Spa is devoted to well-being over a variety of professional services which encourage the renewal of the mind, body, as well as spirit. The rising trend of travelling for relaxation, wellness, & meditation is more noticeable in North America & Europe particularly in countries like The United States, United Kingdom, Germany, France, and Canada among others. This concept of spas for wellness therapy is also thriving in emerging economies with growing hospitality industry in these economies.
- Increase in Wellness Tourism
- Growing Demand from Millennial Population
- Rising Demand for Organic & Natural Procedures
- Growth in Per Capita Income Coupled With Improving Standards Of Living
- Personalization of Spa Services
- Low Penetration of Spa Services in Developing Nations
- Technological Advancements in Medical Spas Services
- Growing Hospitality Industry in Emerging Economies
In Countries such as The United States, United Kingdom, the rising health & wellness trends among the consumers has been impacting the spa services market growth. Many of spa vendors in Europe offer service selection choice of short duration to the customer. For example, many Spa service providing Hotels such as Emirates Palace (United Arab Emirates) has been offering opulent bathtub soaks treatment that includes 30 minutesí service that offer total mind and body relaxation.
Some of the key players profiled in the report are Emirates Palace (United Arab Emirates), Four Seasons Hotels Limited (Canada), Lanserhof Tegernsee Spa (Germany), BRUSH CREEK RANCH (United States), Massage Envy Franchising, LLC (United States), Jade Mountain (Saint Lucia), Six Senses Hotels Resorts Spas (Thailand), Clarins Group (France), Hot Springs REsort and SPA (United States) and Belmond Maroma Resort & Spa (Mexico). Additionally, following companies can also be profiled that are part of our coverage like Gaia Retreat & Spa (Australia), Marriott International (United States) and Reflections Medical Spa (United States). Analyst at AMA Research see Thailand, French,and United States Vendors to retain maximum share of Global Spa Services market by 2026. Considering Market by Spa Services, the sub-segment i.e. Body Massage [Swedish Massage, Thai Massage, Deep Tissue Massage, and Others] will boost the Spa Services market. Considering Market by End Users, the sub-segment i.e. Men will boost the Spa Services market. Considering Market by Spa Type, the sub-segment i.e. Hotel Spa will boost the Spa Services market.
What Can be Explored with the Spa Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Spa Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Spa Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Spa Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Spa Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Spa Service Providers, Hotel, Resort and Spas, Government and Research Organizations, Industry Associations, Hospitality Industry, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.