Global Spa Market Forecasts to 2023 - Growing Wellness Tourism Industry is Driving Market Growth

Dublin, Dec. 07, 2018 (GLOBE NEWSWIRE) -- The "Global Spa Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The spa market will register a CAGR of almost 6% by 2023.

Personalization of spa services is expected to help the market grow at an impressive rate. With the aim of delivering effective spa treatments, the spa industry focuses on providing personalized spa therapies or services. These services enable them to further enhance their treatment results.

Growing wellness tourism industry

The growing health and wellness consciousness are one of the major factors diving growth in the market. Many people opt for wellness tourism to travel to different countries for their physical, spiritual, and psychological well-being.

Homemade spa solutions at lower cost

Homemade solutions for spa treatment is a major challenge for the market. These solutions require low cost ingredients that are easily available at retail outlets. Thus, these homemade treatments have garnered momentum over the years among women, which is impacting the spa market.

Key Players

• Hot Springs Resort & Spa
• Lanserhof
• Marriott International
• Massage Envy Franchising
• Rancho La Puerta

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

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

PART 06: MARKET SEGMENTATION BY TYPE

• Market segmentation by type
• Comparison by type
• Day/club/salon spa - Market size and forecast 2018-2023
• Hotel/resort spa - Market size and forecast 2018-2023
• Destination spa - Market size and forecast 2018-2023
• Medical spa - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• EMEA - Market size and forecast 2018-2023
• Americas - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Personalization of spa services
• Increase in the availability of flotation therapy spa services
• Increase in demand for organic and natural procedures
• Other trends

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Hot Springs Resort & Spa
• Lanserhof
• Marriott International
• Massage Envy Franchising
• Rancho La Puerta

For more information about this report visit https://www.researchandmarkets.com/research/9qdvhx/global_spa_market?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Fitness Centers and Health Clubs