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Luxury Spa Services Market : Global Industry Size, Share, Statistics and Forecast 2015 – 2027

Summary
Table Of Content

Market Insights

Spa services have become quite the lucrative market, to be honest. After a hard-working day or week at work, people visit luxury salons more often than ever to pamper themselves. With people becoming more competent professionally, they have been excelling in their careers, which eventually also requires them to have some downtime by relaxing at a luxury spa salon. Luxury spa services have also been booming due to people visiting for medical reasons. Those with back problems, such as a spinal injury, also get spa treatments for better healing.

The global Luxury Spa Services Industry has generated over USD 32 billion in revenue during the pandemic year. However, making a strong comeback, the demand will likely pick a pace to reach over USD 82 billion by the end of 2027. The global Luxury Spa Services market is a multibillion-dollar industry with tremendous growth potential.

The word “spa” originates from the Latin term “Solus Per Aqua,” which loosely translates to “healing through water.” In early times, thermal therapy was considered a helpful healing technique. Spa services cash in on that, which helps them as people obtain such services for numerous reasons. More techniques have been added to thermal therapies, including aromatherapy (use of aromas), cryotherapy (use of cold temperature), and many essential oils.

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Interesting Facts about Luxury Spa Services Industry

There are around 150 thousand spas around the world
The Luxury Spa Services industry offers direct employment to over 1,000,000 people
The number of people vising resorts in the U.S. reached its peak in 2019 with 192 million visits
Around 28% of all people vising hotels come with the intention of relaxation and stress management
Luxury Spa Services cost per day can cost up to USD 6,500

The rise in Disposable Income

One of the primary reasons more people turn to luxury spa services is the increase in their disposable incomes. Earning more money enables them to obtain more luxuries for themselves, including visiting a luxury spa salon. People who work so often have their knots tied that they want to be loosened; enter: a luxury spa salon. The stability of an economy has a huge role to play in the boom of any luxury market. The more an economy functions well, the more it’ll pay its citizens and the more they’ll spend on luxury products and services.

Increasing Stress and Growing Medical Complexities

Another reason people visit luxury spa services is for medical purposes as a de-stress therapy. People experiencing severe problems with their backs or lower legs tend to get such services, not for leisure but to heal. Sometimes, extensive medical treatment may not work and even be unnecessary. However, getting spa therapy of sorts often helps people feel better. Spa specialists slowly rub their backs with oils, hitting the right spot and eventually fixing the medical issue. Stress management is also one of the major reasons fuelling the growth of luxury spa services.

COVID 19 Pandemic and High Cost

The Pandemic had slowed the luxury spa market. With Corona Virus hitting in full swing, every market had to shut down and stop providing its useful services to clients. The entire spa business surely suffered a loss. However, with the Pandemic slowing down, things are looking up again for spa businesses. The high cost of luxury spa services is another hurdle to the growth of the luxury spa services industry.

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Relaxation & Stress Management to Dominate the Luxury Spa Services

Relaxation & Stress Management, Skin Care, Maintenance Treatment, Pain Management/Medical, and Others are some major applications of luxury spa services. Among all, relaxation & stress management held over 28% share in the total revenue generation in 2020. While Day Spa, Health Spa, Destination Spa, Resort or Hotel Spa, Holistic or Alternative Healing Spa, and Other are major types of luxury spa services. Day spa held over 20% share in total revenue generation in 2020. Critical spa services dominating the global market certainly come from Turkey. Their invention of the “Turkish Hammam” has been pretty successful. So much, so that other countries are also adopting this spa service at their salons. The Turkish Hammam takes you to a huge chamber where you bathe for 45 minutes—followed by a traditional body scrub that helps you get all the tension away from your muscles. They also provide a hand-woven Turkish cloth called a “kese” that you can use to wipe yourself.

1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Luxury Spa Services Market

3.Market Dynamics & Factors Analysis
3.1.Introduction
3.1.1. Global Luxury Spa Services Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Type
3.3.2.Application
3.3.3.End-user
3.3.4.Geography
3.4.Porter’s Five Forces Analysis
3.4.1.Threat of New Entrants
3.4.2.Bargaining Power of Buyers/Consumers
3.4.3.Bargaining Power of Suppliers
3.4.4.Threat of Substitute Types
3.4.5.Intensity of Competitive Rivalry
3.5.Value Chain Analysis

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players
5.COVID 19 Impact Analysis
5.1.Global Luxury Spa Services Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Luxury Spa Services Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Luxury Spa Services Market, by Type, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Day Spa
6.2.3.Health Spa
6.2.4.Destination Spa
6.2.5.Resort or Hotel Spa
6.2.6.Holistic or Alternative Healing Spa
6.2.7.Other
6.3.North America Luxury Spa Services Market, by Application, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Relaxation & Stress Management
6.3.3.Skin Care
6.3.4.Maintenance Treatment
6.3.5.Pain Management/Medical
6.3.6.Others
6.4.North America Luxury Spa Services Market, by End-user, 2015-2027(US$ Bn)
6.4.1.Overview
6.4.2.Male
6.4.3.Female

7.Europe
7.1.Europe Luxury Spa Services Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Luxury Spa Services Market, by Type, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Day Spa
7.2.3.Health Spa
7.2.4.Destination Spa
7.2.5.Resort or Hotel Spa
7.2.6.Holistic or Alternative Healing Spa
7.2.7.Other
7.3.Europe Luxury Spa Services Market, by Application, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Relaxation & Stress Management
7.3.3.Skin Care
7.3.4.Maintenance Treatment
7.3.5.Pain Management/Medical
7.3.6.Others
7.4.Europe Luxury Spa Services Market, by End-user, 2015-2027(US$ Bn)
7.4.1.Overview
7.4.2.Male
7.4.3.Female

8.Asia Pacific
8.1.Asia Pacific Luxury Spa Services Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Luxury Spa Services Market, by Type, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Day Spa
8.2.3.Health Spa
8.2.4.Destination Spa
8.2.5.Resort or Hotel Spa
8.2.6.Holistic or Alternative Healing Spa
8.2.7.Other
8.3.Asia Pacific Luxury Spa Services Market, by Application, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Relaxation & Stress Management
8.3.3.Skin Care
8.3.4.Maintenance Treatment
8.3.5.Pain Management/Medical
8.3.6.Others
8.4.Asia Pacific Luxury Spa Services Market, by End-user, 2015-2027(US$ Bn)
8.4.1.Overview
8.4.2.Male
8.4.3.Female

9.Latin America
9.1.Latin America Luxury Spa Services Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Luxury Spa Services Market, by Type, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Day Spa
9.2.3.Health Spa
9.2.4.Destination Spa
9.2.5.Resort or Hotel Spa
9.2.6.Holistic or Alternative Healing Spa
9.2.7.Other
9.3.Latin America Luxury Spa Services Market, by Application, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Relaxation & Stress Management
9.3.3.Skin Care
9.3.4.Maintenance Treatment
9.3.5.Pain Management/Medical
9.3.6.Others
9.4.Latin America Luxury Spa Services Market, by End-user, 2015-2027(US$ Bn)
9.4.1.Overview
9.4.2.Male
9.4.3.Female

10.Middle East
10.1.Middle East Luxury Spa Services Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Luxury Spa Services Market, by Type, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Day Spa
10.2.3.Health Spa
10.2.4.Destination Spa
10.2.5.Resort or Hotel Spa
10.2.6.Holistic or Alternative Healing Spa
10.2.7.Other
10.3.Middle East Luxury Spa Services Market, by Application, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Relaxation & Stress Management
10.3.3.Skin Care
10.3.4.Maintenance Treatment
10.3.5.Pain Management/Medical
10.3.6.Others
10.4.Middle East Luxury Spa Services Market, by End-user, 2015-2027(US$ Bn)
10.4.1.Overview
10.4.2.Male
10.4.3.Female

11.Africa
11.1.Africa Luxury Spa Services Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Luxury Spa Services Market, by Type, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Day Spa
11.2.3.Health Spa
11.2.4.Destination Spa
11.2.5.Resort or Hotel Spa
11.2.6.Holistic or Alternative Healing Spa
11.2.7.Other
11.3.Africa Luxury Spa Services Market, by Application, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Relaxation & Stress Management
11.3.3.Skin Care
11.3.4.Maintenance Treatment
11.3.5.Pain Management/Medical
11.3.6.Others
11.4.Africa Luxury Spa Services Market, by End-user, 2015-2027(US$ Bn)
11.4.1.Overview
11.4.2.Male
11.4.3.Female

12.Global
12.1.Global Luxury Spa Services Market, by Type, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Day Spa
12.1.3.Health Spa
12.1.4.Destination Spa
12.1.5.Resort or Hotel Spa
12.1.6.Holistic or Alternative Healing Spa
12.1.7.Other
12.2.Global Luxury Spa Services Market, by Application, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Relaxation & Stress Management
12.2.3.Skin Care
12.2.4.Maintenance Treatment
12.2.5.Pain Management/Medical
12.2.6.Others
12.3.Global Luxury Spa Services Market, by End-user, 2015-2027(US$ Bn)
12.3.1.Overview
12.3.2.Male
12.3.3.Female

13.Company Profiles
13.1.Four Seasons Hotels and Resorts
13.2.Mii Amo Spa
13.3.Lodge at Woodloch
13.4.Lake Austin Spa Resort
13.5.Sundara Inn & Spa
13.6.Canyon Ranch
13.7.Miraval Resort & Spa
13.8.Ten Thousand Waves
13.9.St. Regis Aspen Resort
13.10.The Peninsula
13.11.Rosewood Mayakoba
13.12.Rancho La Puerta
13.13.Dhara Dhevi Chiang Mai
13.14.Cape Grace
13.15.We Care Detox Spa
13.16.Others

List of Figures

FIG. 1 Global Luxury Spa Services Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Luxury Spa Services Market Segmentation

FIG. 4 Global Luxury Spa Services Market, by Type, 2019 (US$ Bn)

FIG. 5 Global Luxury Spa Services Market, by Distribution Channel, 2019 (US$ Bn)

FIG. 6 Global Luxury Spa Services Market, by Geography, 2019 (US$ Bn)

FIG. 7 Attractive Investment Proposition, by Geography, 2019

FIG. 8 Global Market Positioning of Key Luxury Spa Services Market Manufacturers, 2019

FIG. 9 Global Luxury Spa Services Market Value Contribution, By Type, 2020 & 2027 (Value %)

FIG. 10 Global Luxury Spa Services Market, by Day Spa, Value, 2015-2027 (US$ Bn)

FIG. 11 Global Luxury Spa Services Market, by Health Spa, Value, 2015-2027 (US$ Bn)

FIG. 12 Global Luxury Spa Services Market, by Destination Spa, Value, 2015-2027 (US$ Bn)

FIG. 13 Global Luxury Spa Services Market, by Resort or Hotel Spa, Value, 2015-2027 (US$ Bn)

FIG. 14 Global Luxury Spa Services Market Value Contribution, By End-user, 2020 & 2027 (Value %)

FIG. 15 Global Luxury Spa Services Market, by Male, Value, 2015-2027 (US$ Bn)

FIG. 16 Global Luxury Spa Services Market, by Female, Value, 2015-2027 (US$ Bn)

FIG. 17 Global Luxury Spa Services Market Value Contribution, By Application, 2020 & 2027 (Value %)

FIG. 18 Global Luxury Spa Services Market, by Relaxation & Stress Management, Value, 2015-2027 (US$ Bn)

FIG. 19 Global Luxury Spa Services Market, by Skin Care, Value, 2015-2027 (US$ Bn)

FIG. 20 Global Luxury Spa Services Market, by Maintenance Treatment, Value, 2015-2027 (US$ Bn)

FIG. 21 Global Luxury Spa Services Market, by Pain Management/Medical, Value, 2015-2027 (US$ Bn)

FIG. 22 U.S. Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 23 Rest of North America Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 24 U.K. Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 25 Germany Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 26 France Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 27 Italy Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 28 Spain Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 29 Russia Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 30 BENELUX Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 31 Poland Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 32 Austria Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 33 Rest of Europe Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 34 Japan Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 35 China Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 36 India Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 37 South Korea Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 38 Australia Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 39 Southeast Asia Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 40 Rest of Asia Pacific Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 41 Middle East & Africa Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 42 South Africa Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 43 Nigeria Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 44 Egypt Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 45 GCC Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 46 Israel Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 47 Latin America Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 48 Mechanicalzil Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 49 Argentina Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 50 Colombia Luxury Spa Services Market, 2015-2027 (US$ Bn)

FIG. 51 Peru Luxury Spa Services Market, 2015-2027 (US$ Bn)

Chile Luxury Spa Services Market, 2015-2027 (US$ Bn)

Frequently asked questions:

How COVID 19 Impacted Luxury Spa Services Market?

Likewise other industries, COVID 19 also taken a toll on Luxury Spa Services market with around 27.21% decline in 2020 in its revenue as compare to 2019

Which is the leading regional market for Luxury Spa Services?

Europe is the largest regional market with highest share in the total volume of Luxury Spa Services consumed in 2020

What is the major growth driving factors for global Luxury Spa Services market?

Increasing popularity of relaxation & stress management is driving demand for Luxury Spa Services

Which is major segment in Luxury Spa Services market by type?

Day spa Luxury Spa Services segment dominated the Luxury Spa Services market in 2020

Which is major segment in Luxury Spa Services market by end-user?

End-user segment of Luxury Spa Services market is dominated by Men

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