Spa Services Market 2022-2028

Description

List of Tables

Title:Global Spa Services Market Size, Share &Trends Analysis Report by Facility Type (Day, Hotel/Resort, Medical, and Others), by Service (Massage, Beauty & Grooming, Physical Fitness, and Others), and by End-user (Women and Men) Forecast Period (2022-2028).

The global spa services market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. The rising number of appointments for couples' spa sessions is driving the demand for the spa services market across the globe. Many hotels and resorts provide attractive offers and discounts for couples on spa services due to which there is an increased number of vacation trips including spa services. According to the United Nations World Tourism Organization (UNWTO), more than 1.4 billion international arrivals have been reported in 2021, out of which the majority of the arrivals were couples.

The global spa services market is segmented based on facility type, service, and end-user. Based on the facility type, the market is segmented into a day, hotel/resort, medical, and others. Based on the service, the market is segmented into massage, beauty & grooming, physical fitness, and others. Based on the end-user, the market is sub-segmented into women and men. Among the service, the beauty & grooming sub-segment is expected to hold a prominent share in the global spa services market. Men and women are taking extra care of their skin and hair due to which there was increased demand for hair spas and facials among the people. As a result of this, the companies operating in the personal care and cosmetics industry are focusing on extending their product portfolio by offering natural spa services. For instance, in February 2022, Lakme Salon expands its portfolio with its new luxe line of facial, manicure, pedicure, and hair spa services with Indian ingredients named Beauty Sutra. The Beauty Sutra hair spas use Aloe Vera juice and Hibiscus extracts, which penetrate deeper into the hair shaft, while Liquorice and Balloon Vine, with their antifungal and antibacterial properties, clean the scalp and combat the formation of dandruff.

Geographically, the global spa services market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North American region is expected to be the fastest-growing region in the global spa services market during the forecast period. The growing demand for full body massage and beauty treatment is driving the growth of the global spa services market. Due to the increasing demand for beauty treatment, many brands are launching innovative products in the skincare treatment range which are widely used by salons and spas. For instance, in December 2021, BlueSkys Beauty, a luxury clean, science-based, and plant-powered wellness line that is a brand extension of BlueSkys Life, has launched in the US. The BlueSky Beauty skincare collection features a Facial Serum, Facial Oil Elixir, and a Deep Tissue Moisturizer (Queen of Creams).

The major companies serving the global spa services market include Four Seasons Hotels and Resorts, Hilton Worldwide Holdings Inc., Marriott International, Inc., InterContinental Hotels Group, Mandarin Oriental Hotel Group Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2022, Aveda partnered with Nykaa to launch Aveda X Nykaa. An elevated offering, the first Aveda X Nykaa salon opens doors in the garden city of India.

Research Methodology

The market study of the global spa services market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size, and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Spa Services Market Research and Analysis by Facility Type.
Global Spa Services Market Research and Analysis by Service.
Global Spa Services Market Research and Analysis by End-User.

The Report Covers:

Comprehensive research methodology of the global spa services market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global spa services market.
Insights about market determinants that are stimulating the global spa services market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026744

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of Global Spa Services Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Spa Services Market by Facility Type
- 4.1.1. Day
- 4.1.2. Hotel/Resort
- 4.1.3. Medical
- 4.1.4. Others
4.2. Global Spa Services Market by Service
- 4.2.1. Massage
- 4.2.2. Beauty & Grooming
- 4.2.3. Physical Fitness
- 4.2.4. Others
4.3. Global Spa Services Market by End-User
- 4.3.1. Men
- 4.3.2. Women

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Brenners Park-Hotel & Spa
6.2. Four Seasons Hotels and Resorts
6.3. Hilton Worldwide Holdings Inc.
6.4. HOT SPRINGS RESORT & SPA.
6.5. Hyatt Hotels Corp.
6.6. InterContinental Hotels Group
6.7. Jade Mountain
6.8. Kempinski Hotels S.A.
6.9. Lanserhof Management GmbH
6.10. Mandarin Oriental Hotel Group Ltd.
6.11. Marriott International, Inc.
6.12. ME SPE Franchising LLC
6.13. Omni Hotels & Resorts
6.14. OneSpaWorld (Bahamas) Ltd.
6.15. Planet Beach Franchising Corp.
6.16. Rancho La Puerta
6.17. Siam Wellness Group Public Co Ltd.