Spa Market
Spa Market Analysis by Hotel/Resort Spas, Medical Spas, Destination Spas & Health Resorts, Thermal/Mineral Spring Spas, and Other Spas from 2023 to 2033
Analysis of Spa Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Spa Market Outlook (2023 to 2033)
The global spa market is valued at US$ 133.96 billion in 2023. Worldwide demand for spa treatment options is predicted to increase rapidly at a CAGR of 12% and reach a market valuation of US$ 416.05 billion by the end of 2033.
Increasing traction for personal healthcare solutions is estimated to bolster demand for spa therapies around the world. In recent years, there has been a noteworthy increase in the disposable income of people around the world, which has led to the increased spending capacity of individuals on various types of lifestyle products, including personal care products, etc.
Hectic and sedentary lifestyles of numerous people have increased their inclination to different spa treatments. Moreover, the growing outbound and inbound tourism for wellness purposes, awareness about spa treatments, and increasing demand for spa treatments from emerging markets are anticipated to have a significant impact on market growth opportunities.
- The Japanese market is forecasted to advance at a CAGR of 12.7% and reach a valuation of US$ 22.05 billion by the end of 2033.
- Revenue from hotel/resort spas is set to increase at a CAGR of 12.1% and reach US$ 100.27 billion by the end of 2033.
Rapid urbanization and the hectic schedule of working professionals have increased the preference for therapeutic spas to relieve stress and anxiety. Therefore, spas with customized super-premium capabilities, services, and treatments are becoming popular.
Growth of the market is predicted to remain strong due to the presence of international hotel chains. Different factors, including the rising female population along with bolstering demand for anti-aging spa treatments, are also expected to attract potential clients to the market.
For instance :
- Hilton Worldwide has 124 spas under construction and similarly, Starwood Hotels also has 65 under-construction spas.
Introduction of sauna facilities and massage centers along with the emergence of effective management systems based on software is becoming popular. These newly introduced systems enable consumers to schedule their appointments and provide hassle-free transaction alternatives.
| Report Attributes | Details |
|---|---|
| Spa Market Size (2023) | US$ 133.96 Billion |
| Forecasted Market Value (2033) | US$ 416.05 Billion |
| Global Market Growth Rate (2023 to 2033) | 12% CAGR |
| Asia Pacific Market Value (2033) | US$ 133.55 Billion |
| China Market Growth Rate (2023 to 2033) | 12.9% CAGR |
| United States Market Value (2033) | US$ 94.44 Billion |
| South Korea Market Growth Rate (2023 to 2033) | 12.4% CAGR |
| Key Companies Profiled | Zivaya SPA; Savor SPA; L’Oreal Professional; Lotus Spa Centre Ltd.; Amanda Spa; Natural Beauty Spa; MATRIX; Amore Fitness Pte Ltd.; Nirvana Spa; Forte Village Resort; Grand Resort Bad Ragaz; L’Occitane En Provence; COMO Shambhala Estate; Canyon Ranch; Four Seasons Resort Bora Bora |
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Why are Spa Treatment Options Gaining Popularity?
“Hectic Lifestyles Driving Demand for Spa Therapies”
Changing lifestyles are predicted to stimulate various consumers to invest in spa treatments for wellness. Moreover, the hectic schedule of various people is leading to mental exhaustion. In addition, some people are also having sleeping and eating disorders around the world due to hectic lifestyles.
Unhealthy lifestyles of people are leading to increased demand for stress management and solutions for detoxification. Increasing requirements to maintain a mentally and physically healthy lifestyle is also predicted to propel the demand for spa therapies.
“Pain Management – Important Treatment Option”
Stress and mental exhaustion owing to hectic lifestyles have resulted in increased expenditure on rejuvenating and relaxing therapies, including aromatherapy and spa. Many people prefer to spend on spa therapies and luxurious services, bolstering demand for relaxing, rejuvenating, and detoxification therapies. These factors are expected to stimulate the demand for various types of spa treatments.
In recent years, there has been a significant increase in the demand for pain management due to hectic routines that leads to physical stress. Prominent companies in the target market are capitalizing on these opportunities and offering numerous types of spa treatment solutions to contribute to market growth.
“Growing Demand for Anti-ageing Treatment Procedures”
Rising requirements for anti-aging treatments for acne, hyperpigmentation, wrinkles, and clogged pores are predicted to impact market growth opportunities. Many people are also spending on numerous non-surgical treatment options such as peel and exfoliation for their mental and physical well-being.
“Rising Cases of Chronic Diseases Generating Opportunities for Industry Players”
The prevalence of various chronic diseases such as asthma is estimated to fuel demand for various types of spa treatment options. Asthma patients can have swollen airways, which generally leads to breathing issues. Wheezing, coughing, and shortness of breath are some popular issues, which asthma patients feel regularly.
Expenditure on saunas and steam rooms helps to eliminate toxins through open airways and skin of asthmatic patients. The rising investment in steam baths to treat upper respiratory problems, bronchitis, and coughing through losing mucus and phlegm and ensuring relaxation are estimated to boost the market growth.
How is Demand Growth for Spa Therapies Adversely Impacted to Some Extent?
“Health Risks Associated with Spa Procedures”
The spread of diseases along with health risks related to spa treatments is predicted to create challenges against market growth. Facial treatments and oil massages provide relief from stress and pain and revitalize body muscles. However, improper care and supervision are predicted to pose some risks, which are further projected to adversely impact market expansion opportunities.
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What Initiatives are Start-ups Taking for Market Growth?
“Ensuring High-quality and Unique Services”
New players trying to enter the target market need to concentrate on providing high-quality and unique services to their respective customers, ensuring their health and safety. Moreover, they must prioritize prevention efforts along with raising awareness related to health risks and diseases that are associated with some spa treatments.
Country-wise Insights
What are the Opportunities Available for Providers of Spa Therapies in the United States?
“Increasing Traction for Spa Therapies among Women”
Demand for spa treatments is expected to progress at a CAGR of 12% over the forecast period and reach a value of US$ 94.44 billion by the end of 2033 in the United States.
Increasing disposable incomes of various people are predicted to increase their spending capacity, which is also estimated to positively impact market growth. The increased inclination of women toward spa therapies is also driving lucrative opportunities for industry players in the United States.
How is the Spa Market Anticipated to Perform in the United Kingdom?
“Opening of New Spas Bolstering Growth Opportunities”
The market for spa therapies is predicted to progress at a CAGR of 12.3% from 2023 to 2033 and reach a valuation of US$ 59.49 billion by 2033 in the United Kingdom. The trend to open new spas in the United Kingdom owing to the inclination of several people toward these therapies is contributing to market growth.
What is Propelling Demand for Spa Therapies in Japan?
“Rising Popularity of Nature-based Spa Therapies”
Demand for spa treatment is anticipated to advance at a CAGR of 12.7% over the forecast period and reach a market value of US$ 22.05 billion by the end of 2033 in Japan. A blend of conventional relaxation techniques with modern facilities is attracting consumers to spa therapies. Japanese spas revolve around hot springs and healing baths while concentrating on nature-based spa therapies.
How is South Korea Performing in the Spa Industry?
“Increased Inclination for Spa Therapies”
Demand for spa therapies is forecasted to progress at a CAGR of 12.4% through 2033 and reach a valuation of US$ 53.25 billion by the end of the forecast period in South Korea. Families from South Korea are spending a significant time relaxing on weekends.
Spa and aromatherapy are very popular in the country. The majority of people tend to visit spas as a significant part of social outings. Moreover, tourists are also inclined toward spa therapies in South Korea, which is predicted to drive lucrative growth opportunities in the spa market.
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Category-wise Insights
Which Factors are Contributing to Rising Popularity of Hotel/Resort Spas?
“Increased Preference for Relaxing Therapies on Trips”
Several people give preference to relaxing therapies while on a trip. Tourism is predicted to propel the demand for spa therapies in resorts/hotels globally. The demand for hotel/resort spas is forecasted to advance at a CAGR of 12.1% over the projected period and reach a market value of US$ 100.27 billion by the end of 2033. The segment is predicted to account for a share of more than 40% of the global market revenue by the end of the forecast period.
Why is Asia Pacific Emerging as a Significant Region for Spa Services Globally?
“Thriving Travel and Tourism Industry Leading to Availability of Attractive Packages”
The Asia Pacific market held a 30% share of the global market revenue in 2022. Demand for spa services is expected to expand at a CAGR of 12.3% from 2023 to 2033 and reach a market value of US$ 133.55 billion by the end of 2033 in Asia Pacific. Increasing disposable incomes of numerous people result in their increased spending capacities, which is estimated to boost the demand for spa therapies.
Countries, including China and India, are operating at the forefront of the regional market. The rising population of working people with hectic schedules is stimulating people to adopt spa treatments. Moreover, the travel and tourism industry is also expanding rapidly in Asia, which leads to the availability of attractive spa packages for customers. Conventional ayurvedic treatments are also expected to create lucrative opportunities for market players.
Key Market Players
Key providers of spa therapies are emphasizing the introduction of numerous spa packages, which are oriented toward various consumer segments. Industry players are spending to gain lucrative opportunities in the luxury and premium sectors. The growing digitalization of services is also predicted to intensify the competition among market players.
For instance :
- Zenoti Foundation is a provider of beauty, wellness, and spa services. In March 2021, it entered into a partnership with Sutherland Global to improve customer experiences while providing support via phone-based chat and addressing customer queries.
Key companies in the spa market are Zivaya SPA, Savor SPA, L’Oreal Professional, Lotus Spa Centre Ltd., Amanda Spa, Natural Beauty Spa, MATRIX, Amore Fitness Pvt Ltd., Nirvana Spa, Forte Village Resort, Grand Resort Bad Ragaz, L’Occitane En Provence, COMO Shambhala Estate, Canyon Ranch, and Four Seasons Resort Bora Bora.
Fact.MR, a market research and competitive intelligence provider, offers a detailed analysis of the spa market. Key companies are studied in detail to provide a thorough analysis of product quality and supply chain management. These players are also developing innovative procedures and therapies.
Segmentation of Spa Industry Research
-
By Type :
- Hotel/Resort Spas
- Medical Spas
- Destination Spa & Health Resorts
- Thermal/Mineral Spring Spas
- Other Spas
-
By Market Type :
- New Spas
- Renovation or Replacement Spas
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1. Hotel/Resort Spas
- 9.2. Medical Spas
- 9.3. Destination & Health Resorts
- 9.4. Thermal/Mineral Spring Spas
- 9.5. Other Spas
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Market Type
- 10.1. New Spas
- 10.2. Renovation or Replacement Spas
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Zivaya SPA
- 21.2. Savor SPA
- 21.3. L’Oreal Professional
- 21.4. Lotus Centre Ltd.
- 21.5. Amanda Spa
- 21.6. Natural Beauty Spa
- 21.7. MATRIX
- 21.8. Amore Fitness Pte Ltd.
- 21.9. Nirvana Spa
- 21.10. Forte Village Resort
- 21.11. Grand Resort Bad Ragaz
- 21.12. L’Occitane En Provence
- 21.13. COMO Shambhala Estate
- 21.14. Canyon Ranch
- 21.15. Four Seasons Resort Bora Bora
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Market Type
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Market Type, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Market Type, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By Market Type, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By Market Type, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By Market Type, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By Market Type, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By Market Type, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By Market Type, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Market Type, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Market Type, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By Market Type, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By Market Type, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By Market Type, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By Market Type, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Market Type, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By Market Type, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By Market Type, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By Market Type, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By Market Type, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By Market Type, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By Market Type, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By Market Type, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By Market Type, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By Market Type, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By Market Type, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By Market Type, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By Market Type, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Market Type, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By Market Type, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By Market Type, 2023 (E)
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the present size of the spa market?
The global spa market is valued at US$ 133.96 billion in 2023.
What is the forecasted growth rate for the market through 2033?
The global market is predicted to expand at a CAGR of 12% from 2023 to 2033.
What is the predicted valuation of the Asia Pacific market for 2033?
The Asia Pacific spa market is projected to reach US$ 133.55 billion by the end of 2033.
What is the estimated value of the United States market for 2033?
The United States market is predicted to reach a valuation of US$ 94.44 billion by 2033.
Which segment is set to expand at a noteworthy rate?
Revenue from hotel/resort spas is projected to rise at 12.1% CAGR through 2033.
What is the projected valuation of the South Korean market for 2033?
Demand for spa therapies is predicted to expand at a high CAGR of 12.4% through 2033 in South Korea.
What is the projected global market size for spa therapies for 2033?
The global spa market is anticipated to reach US$ 416.05 billion by the end of 2033.
Spa Market