Brazil Spa Market Summary, Competitive Analysis and Forecast to 2027
Summary
Spa in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A spa is a facility that promotes well-being by providing therapeutic and other professional services aimed at renewing the body, mind, and spirit. Increased investment in technological advancements to provide personalized solutions and enhance the consumer experience is one of the major factor driving the market growth. Growing awareness of self-care and demand for stress relief and relaxation aids is another factor driving the growth.
- The Brazilian spa market had total revenues of $907.6 million in 2022, representing a compound annual growth rate (CAGR) of 2.2% between 2017 and 2022.
- The day/club/salon spa segment accounted for market's the largest proportion in 2022, with total revenues of $389.8 million, equivalent to 42.9% of the market's overall value.
- The spa market started to rebound in 2021 and 2022 as vaccination rates improved and restrictions were gradually lifted. For instance, according to in-house research, The Brazilian travel & tourism industry grew by 34.6% in 2022 to reach a value of $172.4 billion.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Brazil
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Brazil
- Leading company profiles reveal details of key spa market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Brazil spa market with five year forecasts
- What was the size of the Brazil spa market by value in 2022?
- What will be the size of the Brazil spa market in 2027?
- What factors are affecting the strength of competition in the Brazil spa market?
- How has the market performed over the last five years?
- What are the main segments that make up Brazil's spa market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the notable developments?
- 8 Company Profiles
- 8.1. Lar Lapeano de Saude Ltda
- 8.2. SPA Venus Ltda
- 8.3. Botanique Hotel Gourmand SA
- 8.4. Luiza Sato Vila Mariana
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Brazil spa market value: $ million, 2017–22
- Table 2: Brazil spa market category segmentation: % share, by value, 2017–2022
- Table 3: Brazil spa market category segmentation: $ million, 2017-2022
- Table 4: Brazil spa market geography segmentation: $ million, 2022
- Table 5: Brazil spa market value forecast: $ million, 2022–27
- Table 6: Lar Lapeano de Saude Ltda: key facts
- Table 7: SPA Venus Ltda: key facts
- Table 8: Botanique Hotel Gourmand SA: key facts
- Table 9: Luiza Sato Vila Mariana: key facts
- Table 10: Brazil size of population (million), 2018–22
- Table 11: Brazil gdp (constant 2005 prices, $ billion), 2018–22
- Table 12: Brazil gdp (current prices, $ billion), 2018–22
- Table 13: Brazil inflation, 2018–22
- Table 14: Brazil consumer price index (absolute), 2018–22
- Table 15: Brazil exchange rate, 2018–22
- List of Figures
- Figure 1: Brazil spa market value: $ million, 2017–22
- Figure 2: Brazil spa market category segmentation: $ million, 2017-2022
- Figure 3: Brazil spa market geography segmentation: % share, by value, 2022
- Figure 4: Brazil spa market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the spa market in Brazil, 2022
- Figure 6: Drivers of buyer power in the spa market in Brazil, 2022
- Figure 7: Drivers of supplier power in the spa market in Brazil, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the spa market in Brazil, 2022
- Figure 9: Factors influencing the threat of substitutes in the spa market in Brazil, 2022
- Figure 10: Drivers of degree of rivalry in the spa market in Brazil, 2022
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook