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Global Spa Industry 2016 Analysis and Opportunities Market Report 2020

Thursday, November 10, 2016 10:58
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WiseGuyReports.Com Publish a New Market Research Report On –“Global Spa Industry 2016 Analysis and Opportunities Market Report 2020”.


This market research report presents a detailed segmentation of the global spa market by spa type (hotels and resorts, medical, destination, and mineral springs) and by geography (APAC, Europe, North America, and ROW). Leading vendors in this market are Hot Springs Resort and Spa, Lanserhof, Massage Envy, Rancho La Puerta, and St. Regis Aspen Resort.

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Overview of the global spa market 
The market research analyst predicts the global spa market to grow at a steady CAGR of close to 9% by the end of the forecast period. With increasingly hectic lifestyles and a rise in healthcare costs, many people are looking for ways to get and stay healthy. Spas offer a way for people to jump start a good and healthy lifestyle and there are multiple options for consumers to choose. The decision to go to a specific spa could stem from reasons like needing to get away or even due to doctor’s orders. Spas are a great place to get help with a new diet and also an exercise regimen, which suits a specific lifestyle.

Consumers don’t have to look very hard to find a spa to suit their needs. Globalization has made spa care very accessible to most people. For instance, Thai massage techniques are famous around the world for helping with relaxation and a feeling of wellbeing. The Miraval Spa in Arizona offers specialized massages for their guests. When these are done in conjunction with other activities like meditation and eating well, visitors leave looking and feeling good.

Segmentation by spa type and analysis of the spa market 
- Day/club/salon 
- Hotels and resorts 
- Medical 
- Destination 
- Mineral springs

Day spas are the biggest contributors to the market, accounting for a market share of 78%. These spas offer a wide variety of services that include massages and facials, conducted by trained professionals on a day-use basis.

Geographical segmentation and analysis of the spa market 
- Europe 
- North America 

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Europe has the largest number and types of spas in the world, and the industry is expected to garner revenues of over USD 51 billion by the end of the forecast period. Despite the slow economic environment, countries in Western Europe are envisaged to exhibit a healthy market growth rate over the next few years. In this region, specialized urban spas and boutique hotels offer differentiated services to customers at different pricing options, which in turn help to bolster the prospects for market growth until 2020.

Competitive landscape and key vendors 
Globally, the market is quite fragmented and is characterized by the presence of both local and international players that offer innovate products and great service to meet customer requirements. The vendors in this market are adopting strategies like branding and are also differentiating their services from others to gain a competitive edge over their peers. Competition is expected to intensify during the forecast period.

Key vendors in this market are -

- Hot Springs Resort and Spa 
- Lanserhof 
- Massage Envy 
- Rancho La Puerta 
- St. Regis Aspen Resort 
Other prominent vendors in the market include Reflections Medical Spa, Young Medical Spa, Clinique La Prairie, Aspira Spa, Cal-a-Vie Health Spa, Canyon Ranch Lenox, Hand and Stone, Woodhouse Day Spa, Agua Spa, The Spa at the Oberoi, Emirates Palace Spa, Four Seasons Spa, The Mineral Spa, Terme di Saturnia Spa & Golf Resort, and Fernland Spa Thermal Mineral Springs.

Key questions answered in the report include 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the spa market? 
- What are the key market trends impacting the growth of the global spa market? 
- What are the challenges to market growth for spas? 
- Who are the key vendors in the global spa market? 
- What are the market opportunities and threats faced by the vendors in the spa market? 
- Trending factors influencing the market shares of APAC, Europe, North America, and ROW. 
- What are the key outcomes of the five forces analysis of the global spa market?


Table Of Contents – Major Key Points

PART 01: Executive summary


PART 02: Scope of the report

Market overview 
Top-vendor offerings 

PART 03: Market research methodology

Research methodology 
Economic indicators 

PART 04: Introduction

Key market highlights 

PART 05: Global profile

Economic indicators 

PART 06: Market landscape

Market overview 
Five forces analysis 

PART 07: Market segmentation by spa type

Global day/club spa market 
Global hotel/resort spa market 
Global destination spa market 
Global medical spa market 
Global other spas market 

PART 08: Geographical segmentation

Market segmentation by geography 

PART 09: Key leading countries


PART 10: Market drivers

Boom in wellness industry 
Globalization of companies 
Innovative product and service offerings 
Growth in hospitality sector 
Demand from emerging economies 


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Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

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