글로벌 데스티네이션 스파 시장 – 2029년까지의 산업 동향 및 예측

시장 분석 및 규모

세계보건기구는 전 세계 인구의 3.8%가 우울증을 앓고 있으며, 성인의 5%와 60세 이상의 사람의 5.7%가 영향을 받고 있다고 추정합니다. 따라서 전 세계적으로 스파 서비스에 대한 수요는 불안, 우울증, 스트레스가 많은 변화하는 삶으로 인한 스트레스와 같은 건강 문제가 증가함에 따라 주도되고 있습니다. 결과적으로 시장은 예상 기간 동안 빠르게 성장할 것으로 추산됩니다.

글로벌 데스티네이션 스파 시장은 2021년에 225억 5,400만 달러로 평가되었으며, 2029년까지 399억 2,619만 달러에 도달할 것으로 예상되며, 2022-2029년 예측 기간 동안 7.40%의 CAGR을 기록할 것으로 예상됩니다. Data Bridge Market Research 팀이 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 시장 세그먼트, 지리적 범위, 시장 참여자, 시장 시나리오와 같은 시장 통찰력 외에도 심층적인 전문가 분석, 수입/수출 분석, 가격 분석, 생산 소비 분석, 소비자 행동이 포함됩니다.

보고 범위 및 시장 세분화

시장 정의

Spa facilities are a collective term used to describe a variety of establishments that revitalise the mind and body through facial, body massage, manicure, pedicure, body care, and other services provided by professional staff. Destination spa or a health resort is basically a resort built around a spa, like a mineral spa. The spas frequently have a favourable impact on health in some way through stress relief and health education.

Destination Spa Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Increased Health and Wellness Activities

The market's expanding momentum is attributed to elements like the rising prevalence of lifestyle-related illnesses and the shifting emphasis on health and wellness activities. More and more people are turning to wellness and other personal care activities like spa therapies, sauna treatments, and other body therapies as a result of urbanization, an increase in the working population, and hectic lifestyles. Spa treatments have several advantages, including reducing stress, improving sleep, making skin more luminous, releasing dopamine and serotonin, helping with anti-aging problems, reducing headaches, relieving pain, improving blood flow and circulation, and boosting confidence others.

Additionally, increasing disposable income and an increase in tourism-related activities are speeding up market expansion. As people become more conscious of their health, there are increasing mental and physical health difficulties, such as depression, dementia, and cardiovascular diseases. Moreover, the increasing popularity of various types of services such as hotel spa, medical spa, and others coupled with the availability of natural and organic procedures and floatation therapies boosts the market growth.

Opportunities

• Innovations and Marketing Strategies

Furthermore, the growing number of innovations such as hybrid spa technology further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing utilization of innovative promoting strategies on social media to strengthen brand positioning will further expand the future growth of the destination spa market.

Restraints/Challenges

• High Costs of Services

However, the high cost associated with the services along with low penetration in developing economies will create hindrances for the growth of the destination spa market.

• Adverse Effect of Pandemic

The government has impose various restriction to curb the pandemic which largely impacted the destination spa industry services. The halt of various activities and disruption of services will prove to be a demerit for the destination spa market. Therefore, this factor is anticipated to challenge the destination spa market growth rate.

This destination spa market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the destination spa market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Destination Spa Market

The recent outbreak of coronavirus had a huge impact on the destination spa market. The businesses were compelled to close or impose strict hygiene requirements and rules for their employees and visitors as a result of the coronavirus (COVID-19) pandemic, which had a huge impact on the industry. The number of spa visits would drop by more than 70% during the pandemic compared to the same time last year, according to 31% of spa sector executives surveyed globally in March 2020. Demand for spa treatments is anticipated to rise as more people maintain physically and mentally healthy lifestyles.

However, a recovery in the spa business is anticipated. Demand is rising as customers emphasize the value of their wellbeing, mental health, and stress alleviation. The current difficulty is finding and keeping enough employees, such as massage therapists and spa managers.

Recent Development

• In March 2021, Zenoti, a cloud-based software provider for spas and salons, recently established a strategic alliance with Sutherland Global. Through the expansion of real-time service across chat and phone-based platforms, the company will be able to quickly resolve the majority of customer support concerns, thus enhancing the customer experience.

Global Destination Spa Market Scope

The destination spa market is segmented on the basis of service type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Service Type

• Balneotherapy
• Body Treatments
• Aromatherapy
• Electrolysis
• Facials
• Fitness Consultation
• Hair Care
• Ionithermie
• Massage
• Medical Treatment
• Nail Care
• Nutrition Counseling
• Skin Exfoliation
• Waxing
• Weight Loss

End User

• Male
• Female

Destination Spa Market Regional Analysis/Insights

The destination spa market is analyzed and market size insights and trends are provided by country, service type and end user as referenced above.

The countries covered in the destination spa market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the growth in the popularity of Thai massage, Ayurveda massage, Lomi massage and others within the region.

Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the expansion of tourism industry and rising popularity of destination spa in the emerging economies in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Destination Spa Market Share Analysis

The destination spa market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to destination spa market.

Some of the major players operating in the destination spa market are

• Kindred Group PLC (Malta)
• Flutter Entertainment plc (Ireland)
• NetEnt AB (publ). (Sweden)
• Betsson AB (publ)(Sweden)
• Ladbrokes Betting & Gaming Ltd. (U.K.)
• 888 Holdings (U.K.)
• Lottery.hk (China)
• The Hong Kong Jockey Club (China)
• MGM Resorts International (U.S.)
• Crown Resorts Limited (Australia)
• Caesars Entertainment (U.S.)
• Las Vegas Sands Corporation (U.S.)
• Melco International Development Limited (China)
• Genting Berhad (Malaysia)
• Wynn Resorts Holdings, LLC (U.S.)
• Galaxy Entertainment Group Limited (China)

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