Overview of Global Spa Market 2017: Trends, Price, Revenue, Share, Growth and Forecast Until 2026

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Dublin 2, Ireland, 2018-May-10 — /EPR Network/ — A freshly compiled business intelligent report, titled “Spa Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about spa market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Chronic Diseases to Underscore Lucrative Growth Opportunities

Prevalence of chronic diseases such as asthma will continue to boost demand for range of spa therapies in the global market. Patients of asthma have swollen airways that leads to breathing problems. Shortness of breath, coughing and wheezing are some of the common problems that the asthmatic patients face regularly. According to CDC, 7.6% of the adults who fall in the age bracket of 18 years and above i.e., 18.4 million people in the U.S. have asthma. Increased spending on relaxing therapies such as sauna and spa treatment provides the asthmatic patients a respiratory relief.

Spending on steam rooms and saunas help in eliminating the toxins through skin and opens airways of the asthmatic patients. Moreover, increasing spending on steam baths help in the treatment of the upper respiratory problems, coughing and bronchitis through loosening phlegm and mucus. Growing need for asthmatic relief and relaxation is expected to contribute towards growth of the global spa market.

However, the global spa market is expected to witness inhibiting growth due to various factors such as expensive spa packages and continues to remain a conventional therapy for pain management and asthmatic relief. Increasing number of new players and one-stop spa services in the global market is expected to rev up the competition levels for the established market players. In addition, patients with severe case of chronic diseases are suggested not to spend on spas. These factors are likely to inhibit growth of the global spa market during the forecast period.

Pain Management to Boost Demand for Spa Therapies

Mental exhaustion and stress due to hectic lifestyle has led to increased spending on relaxing and rejuvenating therapies such as spa and aromatherapy. With the increasing disposable, customers prefer spending on luxurious services and relaxing therapies. Increasing demand for rejuvenating and relaxing therapies to detoxify the system will continue to fuel demand for range of spa therapies. Hectic routines can further lead to physical stress leading to increasing demand for pain management. Demand for pain management will continue to contribute towards growth of the global spa market significantly. Leading players in the global market are increasingly capitalizing on such opportunity and offering range spa therapies to gain a competitive edge.

Anti-Ageing Treatment to Impact Global Market Growth

Growing need for anti-ageing treatments for clogged pores, acne, wrinkles and hyper-pigmentation is further expected to impact growth of the global spa market. Increasing old age population is increasingly spending on non-surgical treatments such as exfoliation and peel to improve their physical and mental health. Detoxification of the system and anti-stress treatment will continue to rev up demand for spa treatments in the global market. Such factors are expected to contribute towards growth of the global spa market during the forecast period.

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Table of Content:

1. Global Outlook

2. Global Spa Market – Executive Summary

3. Global Spa Market Overview
3.1. Introduction
3.1.1. Global Spa Market Taxonomy
3.1.2. Global Spa Market Definition
3.2. Global Spa Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Spa Market Y-o-Y Growth
3.3. Global Spa Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Value Chain Analysis
3.8. Product Life Cycle
3.9. PESTLE Analysis
4. Global Spa Market Analysis and Forecast 2012-2026 
4.1. Global Spa Market Size and Forecast By Product Type, 2012-2026
4.1.1. Day/Club/Salon Spas Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Hotel/Resort Spas Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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