Albany, NY -- (SBWIRE) -- 10/10/2017 -- A spa is a place where different treatments and facilities are provided for health and wellness. It is a popular destination for health management and body relaxation. Services such as massages, facials, salon services, hair spa, and other treatments are provided at a spa. It also offers fitness activities like yoga, Ayurveda medicines, and other medical treatments.
The global spa market to grow at a CAGR of 5.66% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global spa market for 2017-2021. To calculate the market size, the report considers the spa service revenue generated from each ticket purchase on spa visits.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
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Technavio's report, Global Spa Market 2017-2021, 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.
Key vendors
- HOT SPRINGS RESORT & SPA
- Lanserhof
- Marriott International
- Massage Envy Franchising
- Rancho La Puerta
Other prominent vendors
- Aspira Spa
- Canyon Ranch
- Cal-a-Vie Health Spa
- Clinique La Prairie
- KEMPINSKI HOTELS
- The Mineral Spa
- The Clarins group
- Reflections Medical Spa
- THE WOODHOUSE Day Spa
- Young Medical Spa
Market driver
- Brand positioning enabling premium pricing
- For a full, detailed list, view our report
Market challenge
- Competition from beauty salons
- For a full, detailed list, view our report
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