Latest Developments in Global Spa Market

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Latest Developments in Global Spa Market

  • FMCG
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In February 2024, Canyon Ranch announced the inaugural Enchant at Canyon Ranch beauty and wellness festival, set to take place from March 17 to 21 at its Tucson resort and spa in Arizona. This exciting event will feature over 25 renowned brands, offering attendees a unique experience with engaging panel discussions, live demonstrations, and personalized services, all aimed at enhancing beauty and wellness practices
  • In February 2024, Rocco Forte Hotels revealed plans for a luxurious five-star hotel in Naples, scheduled to open in 2027. Following an extensive renovation, the hotel will boast a stunning rooftop with a panoramic pool, 46 elegantly designed suites, an upscale bar, two gourmet restaurants, serene private gardens, and a state-of-the-art spa, creating an exceptional hospitality experience in one of Italy’s most picturesque cities
  • In December 2023, Mandarin Oriental Hotel Group unveiled its ambitious plans to renovate and rebrand the historic Gellért Hotel in Budapest. Set to reopen in 2027 as the Mandarin Oriental Gellert, Budapest, the extensive makeover will transform this iconic Art Nouveau property into a luxurious wellness destination, reflecting the group’s commitment to revitalizing historic landmarks while enhancing the overall guest experience with exceptional services
  • In April 2021, EDITION Hotels announced its strategic expansion plans, with the launch of eight new properties scheduled across three continents by the end of 2022. These exciting new locations include major cities such as Rome, Madrid, Dubai, Reykjavik, Tampa, Doha, and Mexico's Riviera Maya at Kanai, along with a second property in Tokyo, marking a significant step forward for the brand’s global presence in luxury hospitality
  • In March 2021, Zenoti, a cloud-based software provider for the spa and salon industry, forged a strategic alliance with Sutherland Global. This collaboration aims to enhance customer support through real-time service across phone and chat platforms, enabling swift resolution of the majority of customer inquiries. The initiative is designed to improve overall customer experience, ensuring satisfaction and efficiency in service delivery within the beauty and wellness sector

Frequently Asked Questions

The market is segmented based on Segmentation, By Service Type (Massage, Beauty/Grooming, Physical Fitness, and Other Service Types), Facility Type (Hotel/Resorts Spa, Destination Spa, Day/Salon Spa, Medical Spa, Mineral Spring Spa, and Other Facility Types), End User (Male and Female) – Industry Trends and Forecast to 2031 .
The Global Spa Market size was valued at USD 67.81 USD Billion in 2023.
The Global Spa Market is projected to grow at a CAGR of 12.6% during the forecast period of 2024 to 2031.
The market report covers data from the 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, South Africa, Egypt, Israel, 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.