About the Spa Market in the US
Owing to today’s hectic lifestyles, the ineed 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.
Technavio’s 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 operating in this market.
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 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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PART 01: Executive summary
• Highlights
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: US profile
• Economic indicators
PART 06: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 07: Market segmentation by spa type
• Spa market in US
• Day and club spa market in US
• Hotel and resort spa market in US
• Medical spa market in US
• Destination spa market in US
• Mineral and thermal spring spa market in US
PART 08: Market drivers
• Boom in wellness industry
• Globalization of companies
• Innovative offerings
• Unique services and growing popularity of spas
• Wellness and lifestyle trend
• Growing number of working women
• Popularity of massage service
PART 09: Impact of drivers
PART 10: Market challenges
• Highly fragmented market
• Quality concerns
• Lack of skilled labor
• Low point of differentiation compared to salons
PART 11: Impact of drivers and challenges
PART 12: Market trends
• Personalization of products and services
• Online platforms and e-gift cards
• Technological advances
• Growing
PARTnerships with cosmetics players
PART 13: Vendor landscape
• Competitive scenario
• Elements
• Hand and Stone
• Massage Envy
• Planet Beach
• The Woodhouse Day Spa
• Other prominent vendors
PART 14: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Population in US 2010-2015 (millions)
Exhibit 03: GDP per capita in US 2010-2014 ($)
Exhibit 04: Employment to population ratio in US 2015
Exhibit 05: Full-time and
PART-time employment in US 2015
Exhibit 06: Urban population in US 2010-2014 (%)
Exhibit 07: Inbound tourism in US 2010-2014
Exhibit 08: Spa market in US
Exhibit 09: Spa market in US 2015-2020 ($ billions)
Exhibit 10: Five forces analysis
Exhibit 11: Spa market in US: Overview
Exhibit 12: Spa market in US by spa type 2015 (% revenue)
Exhibit 13: Spa market in US by spa type 2020 (% revenue)
Exhibit 14: Day and club spa market in US 2015-2020 ($ billions)
Exhibit 15: Hotel and resort spa market in US 2015-2020 ($ billions)
Exhibit 16: Medical spa market in US 2015-2020 ($ billions)
Exhibit 17: Destination spa market in US 2015-2020 ($ millions)
Exhibit 18: Mineral and thermal spring spa market in US 2015-2020 ($ millions)
Exhibit 19: Impact of drivers
Exhibit 20: Impact of drivers and challenges
