Albany, NY -- (SBWIRE) -- 07/05/2016 -- About the Spa Market in the US

Owing to todays hectic lifestyles, the need for de-stressing is gaining utmost importance. This factor, coupled with the growing demand for exclusive beauty services and treatments, is driving the spa market in the US. To address the growing demand for spa services across the country and to increase their profit margins, vendors are focusing more on expanding their services across different states in the US. The popularity of spa services is evident from the fact that there are more than 22,000 spas in the US alone, and this number is increasing rapidly.

Technavios analysts forecast the Spa Market in the US to grow at a CAGR of 5.6% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the spa market in the US for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the spa services offered by day and club spas, hotel and resort spas, medical spas, destination spas, and mineral and thermal spring spas.

Technavio's report, Spa Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Elements
Hand and Stone
Massage Envy
Planet Beach
The Woodhouse Day Spa

Other prominent vendors

Allyu Spa
Aspira Spa
Cal-a-Vie Health Spa
Canyon Ranch
Elizabeth Arden Red Door Spa
Great Jones Spa
Lime Spa
Mandara Spa
Mii amo
Movara Fitness Resort
Spa Solage
SenSpa
Spa Montage
Spa at Eden Roc
The Spa at Travaasa Austin
Ten Thousand Waves
The Spa at Terranea
The Dragontree
Wellhouse

Market driver
Boom in wellness industry
For a full, detailed list, view our report

Market challenge
Highly fragmented market
For a full, detailed list, view our report

Market trend
Personalization of products and services
For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

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