Health & Wellness Spas in the US - Industry Market Research Report

Health & Wellness Spas in the US - Industry Market Research Report

  • February 2020 •
  • 29 pages •
  • Report ID: 5103964 •
  • Format: PDF
Just relax: Expansion of services and high disposable income will likely benefit the industry

Abstract

Health & Wellness Spas
The Health and Wellness Spas industry is anticipated to post strong growth over the five years to 2018. The majority of services that industry operators offer, such as massages and other bodywork services, are discretionary. As a result, industry performance is tied to fluctuations in consumer disposable income and confidence. Demand for industry services has grown amid favorable economic conditions. To generate growth, spas have expanded their array of service offerings, particularly their range of antiaging treatments and medical treatments. These services, such as Botox, laser hair removal and teeth whitening, have represented strong sources of industry growth over the past five years. Over the next five years, improving economic conditions will continue to sustain industry growth.

Companies in this industry offer spa services, such as massages, facials and body treatments. The industry includes day spas, spa resorts, hotel spas and medical spas.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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