Germany Spa Market Summary, Competitive Analysis and Forecast to 2027
Summary
Spa in Germany 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 German spa market had total revenues of $7,120.9 million in 2022, representing a compound annual growth rate (CAGR) of 1.3% between 2017 and 2022.
- The day/club/salon Spa segment accounted for market's the largest proportion in 2022, with total revenues of $3,126.9 million, equivalent to 43.9% of the market's overall value.
- The increase in disposable income has led to growing spending on services such as spa treatments. For instance, according to the Federal Statistical Office, disposable personal income in Germany increased to EUR576.5 billion ($606.1 billion) in the first quarter of 2023 from EUR571.61 billion ($600.9 billion) in the fourth quarter of 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Germany
- 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 Germany spa market with five year forecasts
- What was the size of the Germany spa market by value in 2022?
- What will be the size of the Germany spa market in 2027?
- What factors are affecting the strength of competition in the Germany spa market?
- How has the market performed over the last five years?
- What are the main segments that make up Germany'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. Brenners Park-Hotel & Spa
- 8.2. Badewelt Sinsheim GmbH
- 8.3. Friedrichsbad Spa
- 8.4. Therme Erding Service GmbH
- 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: Germany spa market value: $ million, 2017–22
- Table 2: Germany spa market category segmentation: % share, by value, 2017–2022
- Table 3: Germany spa market category segmentation: $ million, 2017-2022
- Table 4: Germany spa market geography segmentation: $ million, 2022
- Table 5: Germany spa market value forecast: $ million, 2022–27
- Table 6: Brenners Park-Hotel & Spa: key facts
- Table 7: Badewelt Sinsheim GmbH: key facts
- Table 8: Friedrichsbad Spa: key facts
- Table 9: Therme Erding Service GmbH: key facts
- Table 10: Germany size of population (million), 2018–22
- Table 11: Germany gdp (constant 2005 prices, $ billion), 2018–22
- Table 12: Germany gdp (current prices, $ billion), 2018–22
- Table 13: Germany inflation, 2018–22
- Table 14: Germany consumer price index (absolute), 2018–22
- Table 15: Germany exchange rate, 2018–22
- List of Figures
- Figure 1: Germany spa market value: $ million, 2017–22
- Figure 2: Germany spa market category segmentation: $ million, 2017-2022
- Figure 3: Germany spa market geography segmentation: % share, by value, 2022
- Figure 4: Germany spa market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the spa market in Germany, 2022
- Figure 6: Drivers of buyer power in the spa market in Germany, 2022
- Figure 7: Drivers of supplier power in the spa market in Germany, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the spa market in Germany, 2022
- Figure 9: Factors influencing the threat of substitutes in the spa market in Germany, 2022
- Figure 10: Drivers of degree of rivalry in the spa market in Germany, 2022
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