Europe Spa Market Summary, Competitive Analysis and Forecast to 2027
Summary
Spa in Europe 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 European spa market had total revenues of $32,232.8 million in 2022, representing a compound annual growth rate (CAGR) of 2% between 2017 and 2022.
- The day/club/salon spa segment accounted for the market's largest proportion in 2022, with total revenues of $14,084.3 million, equivalent to 43.7% of the market's overall value.
- In 2021 and 2022, the demand for the spa market bounced back owing to increasing awareness related to personal health and physical fitness, self-care treatments, and remote work holidays. For instance, according to the Q3 2022 global consumer survey by GlobalData, 81% of European consumers were concerned about their physical fitness and health.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Europe
- 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 Europe spa market with five year forecasts
- What was the size of the Europe spa market by value in 2022?
- What will be the size of the Europe spa market in 2027?
- What factors are affecting the strength of competition in the Europe spa market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe'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 have been the recent developments in the market?
- 8 Company Profiles
- 8.1. Anantara Hotels, Resorts & Spas
- 8.2. Mandara Spa LLC
- 8.3. Six Senses Hotels Resorts Spas
- 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: Europe spa market value: $ million, 2017–22
- Table 2: Europe spa market category segmentation: % share, by value, 2017–2022
- Table 3: Europe spa market category segmentation: $ million, 2017-2022
- Table 4: Europe spa market geography segmentation: $ million, 2022
- Table 5: Europe spa market value forecast: $ million, 2022–27
- Table 6: Anantara Hotels, Resorts & Spas: key facts
- Table 7: Anantara Hotels, Resorts & Spas: key employees
- Table 8: Mandara Spa LLC: key facts
- Table 9: Six Senses Hotels Resorts Spas: key facts
- Table 10: Six Senses Hotels Resorts Spas: key employees
- Table 11: Europe size of population (million), 2018–22
- Table 12: Europe gdp (constant 2005 prices, $ billion), 2018–22
- Table 13: Europe gdp (current prices, $ billion), 2018–22
- Table 14: Europe inflation, 2018–22
- Table 15: Europe consumer price index (absolute), 2018–22
- Table 16: Europe exchange rate, 2018–22
- List of Figures
- Figure 1: Europe spa market value: $ million, 2017–22
- Figure 2: Europe spa market category segmentation: $ million, 2017-2022
- Figure 3: Europe spa market geography segmentation: % share, by value, 2022
- Figure 4: Europe spa market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the spa market in Europe, 2022
- Figure 6: Drivers of buyer power in the spa market in Europe, 2022
- Figure 7: Drivers of supplier power in the spa market in Europe, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the spa market in Europe, 2022
- Figure 9: Factors influencing the threat of substitutes in the spa market in Europe, 2022
- Figure 10: Drivers of degree of rivalry in the spa market in Europe, 2022
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