The global spa services market is anticipated to grow at a significant CAGR of 4.2% during the forecast period. The spa is a procedure opted to improve the health of the body. Spa services include massages, body therapies, facials, waxing, hair spa, and others. The rising tourism industry is the major factor driving the growth of the global spa services market. Due to longer travel hours, tourists prefer to go to hotels offering spa services that relax the body. Many resorts & spas are establishing branches along with expanding spa services in different places which led to the growth of the spa services market across the globe. For instance, in March 2022, Indian Hotels Company (IHCL) announced the opening of Taj Exotica Resort & Spa, The Palm in Dubai. The spa-inspired by traditional Indian healing techniques, features treatments including Ayurveda, Indian therapies, yoga, meditation, and others.
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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 the 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 segment, the massage sub-segment is expected to hold a prominent share in the growth of the global spa services market. Further, the beauty & grooming sub-segment is expected to be the fastest-growing segment in the global spa services market during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Spa Services Market by Facility Type
- Day
- Hotel/Resort
- Medical
- Others
Global Spa Services Market by Service
- Massage
- Beauty & Grooming
- Physical Fitness
- Others
Global Spa Services Market by End-User
- Men
- Women
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Brenners Park-Hotel & Spa
- Four Seasons Hotels and Resorts
- Hilton Worldwide Holdings Inc.
- HOT SPRINGS RESORT & SPA.
- Hyatt Hotels Corp.
- InterContinental Hotels Group
- Jade Mountain
- Kempinski Hotels S.A.
- Lanserhof Management GmbH
- Mandarin Oriental Hotel Group Ltd.
- Marriott International, Inc.
- ME SPE Franchising LLC
- Omni Hotels & Resorts
- OneSpaWorld (Bahamas) Ltd.
- Planet Beach Franchising Corp.
- Rancho La Puerta
- Siam Wellness Group Public Co Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global spa services market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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