Spa Market Forecast 2028: Research, Analysis, and Value


Posted September 11, 2023 by DelvensUSA

The global spa market size was valued at USD 47.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.1% from 2021 to 2028.

 
The research report with top-level information is a key benefit that provides qualitative and quantitative factors of the Spa Market. In this research survey, the features that have powered and reserved the market’s growth are also included in this market report. The research outline also contains the primary industry’s pattern and the international market’s projected volume based on the provincial estimation. Moreover, it also, gives details of a portion of the complete industry, new turns of events, and the effect of domestic and constrained market players, examines openings as far as arising income pockets, changes in market strategies, product confirmations, key choices, landscape extensions, and mechanical developments and possessions in the market.
Spa Market Size, Share & Trends Analysis Report by Service Type (Hotel/Resorts Spa, Destination Spa, Day/Salon Spa, Medical Spa, Mineral Spring Spa), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)
Market Overview
The global spa market size was valued at USD 47.5 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.1% from 2021 to 2028.
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Growth in tourism for the purpose of wellness, rising demand from emerging markets, and the rise in hectic lifestyles in urban areas are some of the factors that have supported the long-term expansion of the Spa Market.
Key Findings
• Spa Market is segmented into type and geography.
• The type segment is segmented into hotel/resort spa, destination spa, day/saloon spa, medical spa, and mineral and spring spa.
• Geographically, Spa Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions

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Competitive Landscape
Key players in the Spa Market are
• Planet Beach
• Hot Springs Resort and Spa
• Four Seasons Hotel Limited
• Massage Envy
• Lanserhof, Jade Mountain
• Rancho La Puerta
• Mandarin Oriental Hotel Group
• Omni Hotels & Resorts
• Emirates Palace Spa.

Reasons to Acquire
• Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
• Gain authentic and granular data access for the Spa market so as to understand the trends and the factors involved in changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Issued By delvens
Country United States
Categories Business , Reports , Research
Last Updated September 11, 2023