Spa Market – 33% of Growth to Originate from Europe | Evolving Opportunites with Aspira Spa & Cal-a-Vie Health Spa

Spa Market – Key Market Dynamics

• Market Driver
• Market Challenges

The increase in the adoption of facial, body, and hair treatments in spas and the growing wellness tourism industry are some of the key market drivers. However, factors such as fragmented markets will challenge market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.

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Spa Market – Segmentation Analysis
The spa market report is segmented by Type (day/club/salon spa, hotel/resort spa, destination spa, medical spa, and others) and Geography (Europe, APAC, North America, South America, and MEA).  

The spa market share growth by the day/club/salon spa segment will be significant for revenue generation. Services offered by The Mineral Spa include body treatments such as royal renewal ultimate full-body ritual, mineral purifying ritual, herbal hydration ritual, and other services. It also offers Girls’ Day Out packages that include a 60-minute pass to The Retreat, its mineral water therapy zone. During the forecast period, many vendors are expected to offer innovative day/club/salon spa services.

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Some Companies Mentioned with their Offerings
The spa market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market vendors, including:       

• Aspira Spa – The company offers a line of services such as massages, facials, dynamic envelopments for the body, the healing arts, specialty treatments, salon and nail services, and spa classes among others.
• Cal-a-Vie Health Spa – The company offers a wide range of services under the spa and beauty category, including Cal-A-Vie vinotherapy massage, Cal-A-Vie vinotherapy grape skin wrap, Cal-A-Vie vinotherapy Vichy scrub, aromatic awakening massage, bamboo massage, poolside massage, and many others.
• Gaia Retreat & Spa –  The company offers a line of retreat packages such as spa services, accommodation, dining, and fitness programs to achieve total relaxation and/or specific needs such as detox, weight loss, health, fitness, and general well-being among others.
• Hand & Stone Franchise Corp. – The company offers a line of products such as therapeutic massage, facial, and hair removal services among others.
• HOT SPRINGS RESORT & SPA – The company offers a wide range of massage modalities from relaxation to deeper more therapeutic massages along with mineral baths.
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Related Reports:

• The health and wellness market share is expected to increase by USD 1.39 trillion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.29%. Download a free sample now!
• The gym and health clubs market has the potential to grow by USD 101.18 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 15.39%. Download a free sample now!

Key Topics Covered:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

• Five Forces Analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• Day/club/salon spa – Market size and forecast 2020-2025
• Hotel/resort spa – Market size and forecast 2020-2025
• Destination spa – Market size and forecast 2020-2025
• Medical spa – Market size and forecast 2020-2025
• Others – Market size and forecast 2020-2025
• Market opportunity by Type

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe – Market size and forecast 2020-2025
• APAC – Market size and forecast 2020-2025
• North America – Market size and forecast 2020-2025
• South America – Market size and forecast 2020-2025
• MEA – Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Aspira Spa
• Cal-a-Vie Health Spa
• Gaia Retreat & Spa
• Hand & Stone Franchise Corp.
• HOT SPRINGS RESORT & SPA
• Kempinski Hotels SA
• Lanserhof GmbH
• Marriott International Inc.
• ME SPE Franchising LLC
• Rancho La Puerta Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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