Italy Spa Market Summary, Competitive Analysis and Forecast to 2027
Summary
Spa in Italy 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 Italian spa market had total revenues of $2,996.5 million in 2022, representing a compound annual growth rate (CAGR) of -1.5% between 2017 and 2022.
- The day/club/salon spa segment accounted for market's the largest proportion in 2022, with total revenues of $1,365.5 million, equivalent to 45.6% of the market's overall value.
- The spa market experienced a rebound in 2022 as vaccination rates improved and restrictions were gradually lifted. According to in-house research, Italy’s inbound spending expenditure increased from 2021 by 83%, reaching a total of 1.7 billion in 2022. According to GlobalData, Italy is on track to fully recover from the decrease in spa expenditure from inbound visitors that COVID-19 caused and exceed its levels by 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Italy
- 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 Italy spa market with five year forecasts
- What was the size of the Italy spa market by value in 2022?
- What will be the size of the Italy spa market in 2027?
- What factors are affecting the strength of competition in the Italy spa market?
- How has the market performed over the last five years?
- What are the main segments that make up Italy'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. QC Terme Srl
- 8.2. ADLER Spa Resort THERMAE
- 8.3. Terme Di Saturnia SRL
- 8.4. Bulgari Hotel Milano
- 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: Italy spa market value: $ million, 2017–22
- Table 2: Italy spa market category segmentation: % share, by value, 2017–2022
- Table 3: Italy spa market category segmentation: $ million, 2017-2022
- Table 4: Italy spa market geography segmentation: $ million, 2022
- Table 5: Italy spa market value forecast: $ million, 2022–27
- Table 6: QC Terme Srl: key facts
- Table 7: ADLER Spa Resort THERMAE: key facts
- Table 8: Terme Di Saturnia SRL: key facts
- Table 9: Bulgari Hotel Milano: key facts
- Table 10: Italy size of population (million), 2018–22
- Table 11: Italy gdp (constant 2005 prices, $ billion), 2018–22
- Table 12: Italy gdp (current prices, $ billion), 2018–22
- Table 13: Italy inflation, 2018–22
- Table 14: Italy consumer price index (absolute), 2018–22
- Table 15: Italy exchange rate, 2018–22
- List of Figures
- Figure 1: Italy spa market value: $ million, 2017–22
- Figure 2: Italy spa market category segmentation: $ million, 2017-2022
- Figure 3: Italy spa market geography segmentation: % share, by value, 2022
- Figure 4: Italy spa market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the spa market in Italy, 2022
- Figure 6: Drivers of buyer power in the spa market in Italy, 2022
- Figure 7: Drivers of supplier power in the spa market in Italy, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the spa market in Italy, 2022
- Figure 9: Factors influencing the threat of substitutes in the spa market in Italy, 2022
- Figure 10: Drivers of degree of rivalry in the spa market in Italy, 2022
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