Japan Spa Market Summary, Competitive Analysis and Forecast to 2027
Summary
Spa in Japan industry profile provides top-line qualitative and quantitative summary information including: market share, 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 Japanese spa market had total revenues of $6,291.3 million in 2022, representing a compound annual growth rate (CAGR) of 1.9% between 2017 and 2022.
- The day/club/salon spa segment accounted for market's the largest proportion in 2022, with total revenues of $3,240.9 million, equivalent to 51.5% 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. According to in-house research, the Japanese travel and tourism industry grew by 27.7% in 2022 to reach a value of $430.4 billion.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Japan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Japan
- 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 Japan spa market with five year forecasts
- What was the size of the Japan spa market by value in 2022?
- What will be the size of the Japan spa market in 2027?
- What factors are affecting the strength of competition in the Japan spa market?
- How has the market performed over the last five years?
- Who are the top competitors in Japan'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 follow?
- 7.3. What are the recent notable developments?
- 8 Company Profiles
- 8.1. Amanemu
- 8.2. Setouchi Retreat Aonagi
- 8.3. Sankara Hotel & Spa Yakushima
- 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: Japan spa market value: $ million, 2017–22
- Table 2: Japan spa market category segmentation: % share, by value, 2017–2022
- Table 3: Japan spa market category segmentation: $ million, 2017-2022
- Table 4: Japan spa market geography segmentation: $ million, 2022
- Table 5: Japan spa market value forecast: $ million, 2022–27
- Table 6: Amanemu: key facts
- Table 7: Setouchi Retreat Aonagi: key facts
- Table 8: Sankara Hotel & Spa Yakushima: key facts
- Table 9: Japan size of population (million), 2018–22
- Table 10: Japan gdp (constant 2005 prices, $ billion), 2018–22
- Table 11: Japan gdp (current prices, $ billion), 2018–22
- Table 12: Japan inflation, 2018–22
- Table 13: Japan consumer price index (absolute), 2018–22
- Table 14: Japan exchange rate, 2018–22
- List of Figures
- Figure 1: Japan spa market value: $ million, 2017–22
- Figure 2: Japan spa market category segmentation: $ million, 2017-2022
- Figure 3: Japan spa market geography segmentation: % share, by value, 2022
- Figure 4: Japan spa market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the spa market in Japan, 2022
- Figure 6: Drivers of buyer power in the spa market in Japan, 2022
- Figure 7: Drivers of supplier power in the spa market in Japan, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the spa market in Japan, 2022
- Figure 9: Factors influencing the threat of substitutes in the spa market in Japan, 2022
- Figure 10: Drivers of degree of rivalry in the spa market in Japan, 2022
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