The global spa market is a core of the wellness industry as it promotes healthy living and good-quality lifestyle. With the spa market being the major contributor to its growth, the global wellness industry is growing by the day. Several drivers and trends lead to the growth of the global spa market. The consciousness of a healthy lifestyle is growing among people. This is because increasing number of people are facing mental stress, body pain, and other health issues due to their hectic schedules. Spa treatments help detox and relax. The growing wellness market also helps the demand for spa furniture. With increase in the number of spa service centers globally, the demand for spa furniture also increases.
Technavio’s analysts forecast the global Spa Mass and Mid-range Furnituremarket to grow at a CAGR of 4.62% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global spa mass and mid-range furniture market for 2017-2021. To calculate the market size, the report considers the manufacturer sales by value and volume of new spa furniture units to spa facilities through the distribution channels studied in the report.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Spa Mass and Mid-range Furniture 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 • Earthlite • Gharieni Group • Lemi • Nilo The Spa Industry • OAKWORKS SOLUTIONS
Other prominent vendors • AP INTERNATIONAL BEAUTY • Collins Manufacturing Company • Continuum • Custom Craftworks • Design X Manufacturing • Leli Group Furniture Manufacturing • Pibbs Industries • TouchAmerica
Market driver • Growing demand for mid-range spa services • For a full, detailed list, view our report
Market challenge • Increase in average life of furniture • For a full, detailed list, view our report
Market trend • Customized spa furniture • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 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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