Global Spa Market 2020-2024

Global Spa Market 2020-2024

Technavio has been monitoring the spa market and it is poised to grow by $ 25.48 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on spa market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing wellness tourism industry and increase in adoption of facial, body, and hair treatments in spas. In addition, growing wellness tourism industry is anticipated to boost the growth of the market as well.

Technavio's spa market is segmented as below:

By Type

  • Day/club/salon spa
  • Hotel/resort spa
  • Destination spa
  • Medical spa
  • Others
By Geographic Landscapes
  • Europe
  • APAC
  • North America
  • South America
  • MEA
This study identifies the increase in availability of flotation therapy spa services as one of the prime reasons driving the spa market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our spa market covers the following areas:
  • Spa market sizing
  • Spa market forecast
  • Spa market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spa market vendors that include Aspira Spa, Clinique La Prairie, Gaia Retreat & Spa, Hand & Stone Franchise Corp., HOT SPRINGS RESORT & SPA, Kempinski Hotels SA, Lanserhof GmbH, Marriott International Inc., ME SPE Franchising LLC, and Rancho La Puerta Inc.. Also, the spa market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Leisure Facilities Market
      • Inputs
      • Inbound logistics
      • Operations
      • Marketing and sales
      • Services
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Fiver forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Day/club/salon spa - Market size and forecast 2019-2024
      • Table Day/club/salon spa - Market size and forecast 2019-2024 ($ billion)
      • Table Day/club/salon spa - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Day/club/salon spa - Year-over-year growth 2019-2024 (%)
    • Hotel/resort spa - Market size and forecast 2019- 2024
      • Table Hotel/resort spa - Market size and forecast 2019-2024 ($ billion)
      • Table Hotel/resort spa - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Hotel/resort spa - Year-over-year growth 2019-2024 (%)
    • Destination spa - Market size and forecast 2019- 2024
      • Table Destination spa - Market size and forecast 2019-2024 ($ billion)
      • Table Destination spa - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Destination spa - Year-over-year growth 2019-2024 (%)
    • Medical spa - Market size and forecast 2019-2024
      • Table Medical spa - Market size and forecast 2019-2024 ($ billion)
      • Table Medical spa - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Medical spa - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ billion)
      • Table Others - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Europe- Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table APAC- Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table North America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table South America - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table MEA - Market size and forecast 2019-2024 ($ billion) exclusive of COVID-19 effect
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increase in adoption of facial, body, and hair treatments in spas
      • Growing wellness tourism industry
      • Brand positioning enabling premium pricing for spa services
    • Market challenges
      • Fragmented market
      • Competition from beauty salons and lack of skilled labor
      • Homemade spa solutions at lower cost
        • Table Impact of drivers and challenges
    • Market trends
      • Increase in availability of flotation therapy spa services
      • Personalization of spa services
      • Increase in demand for organic and natural procedures
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive scenario
      • Key competitive strategies
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Aspira Spa
      • Table Aspira Spa - Overview
      • Table Aspira Spa - Product and service
      • Table Aspira Spa - Key offerings
    • Clinique La Prairie
      • Table Clinique La Prairie - Overview
      • Table Clinique La Prairie - Product and service
      • Table Clinique La Prairie - Key news
      • Table Clinique La Prairie - Key offerings
    • Gaia Retreat & Spa
      • Table Gaia Retreat & Spa - Overview
      • Table Gaia Retreat & Spa - Product and service
      • Table Gaia Retreat & Spa - Key news
      • Table Gaia Retreat & Spa - Key offerings
    • Hand & Stone Franchise Corp.
      • Table Hand & Stone Franchise Corp. - Overview
      • Table Hand & Stone Franchise Corp. - Product and service
      • Table Hand & Stone Franchise Corp. - Key news
      • Table Hand & Stone Franchise Corp. - Key offerings
    • HOT SPRINGS RESORT & SPA
      • Table HOT SPRINGS RESORT & SPA - Overview
      • Table HOT SPRINGS RESORT & SPA - Product and service
      • Table HOT SPRINGS RESORT & SPA - Key offerings
    • Kempinski Hotels SA
      • Table Kempinski Hotels SA - Overview
      • Table Kempinski Hotels SA - Product and service
      • Table Kempinski Hotels SA - Key news
      • Table Kempinski Hotels SA - Key offerings
    • Lanserhof GmbH
      • Table Lanserhof GmbH - Overview
      • Table Lanserhof GmbH - Product and service
      • Table Lanserhof GmbH - Key offerings
    • Marriott International Inc.
      • Table Marriott International Inc. - Overview
      • Table Marriott International Inc. - Business segments
      • Table Marriott International Inc. - Key news
      • Table Marriott International Inc. - Key offerings
      • Table Marriott International Inc. - Segment focus
    • ME SPE Franchising LLC
      • Table ME SPE Franchising LLC - Overview
      • Table ME SPE Franchising LLC - Product and service
      • Table ME SPE Franchising LLC - Key news
      • Table ME SPE Franchising LLC - Key offerings
    • Rancho La Puerta Inc.
      • Table Rancho La Puerta Inc. - Overview
      • Table Rancho La Puerta Inc. - Product and service
      • Table Rancho La Puerta Inc. - Key news
      • Table Rancho La Puerta Inc. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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