Spa in South America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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. The market value includes revenue generated by the market players in a specific year.
The South American spa market recorded revenues of $3,795.1 million in 2023, representing a compound annual growth rate (CAGR) of 4% between 2018 and 2023.
The hotel/resort spa segment accounted for the market's largest proportion in 2023, with total revenues of $1,722.3 million, equivalent to 45.4% of the market's overall value.
Brazil accounted for the largest share with 26.7% in the South American spa market followed by Argentina (21.6%).
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in South America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in South America
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 South America spa market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the South America spa market by value in 2023?
What will be the size of the South America spa market in 2028?
What factors are affecting the strength of competition in the South America spa market?
How has the market performed over the last five years?
Who are the top competitors in South America'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 strengths do leading players follow?
7.3. What are the most recent notable developments in the market?
7.4. What are the new trends in the market?
7.5. What are some of the challenges faced by the leading players in the market?
8 Company Profiles
8.1. Llao Llao Resorts SA
8.2. Faena Hotel Buenos Aires
8.3. Tierra Viva Hotels
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
10.4. About GlobalData
List of Tables
Table 1: South America spa market value: $ million, 2018-23
Table 2: South America spa market category segmentation: % share, by value, 2018-2023
Table 3: South America spa market category segmentation: $ million, 2018-2023
Table 4: South America spa market geography segmentation: $ million, 2023
Table 5: South America spa market value forecast: $ million, 2023-28
Table 6: Llao Llao Resorts SA: key facts
Table 7: Faena Hotel Buenos Aires: key facts
Table 8: Tierra Viva Hotels: key facts
Table 9: Tierra Viva Hotels: key employees
Table 10: Luiza Sato Vila Mariana: key facts
Table 11: South America exchange rate, 2018-23
List of Figures
Figure 1: South America spa market value: $ million, 2018-23
Figure 2: South America spa market category segmentation: $ million, 2018-2023
Figure 3: South America spa market geography segmentation: % share, by value, 2023
Figure 4: South America spa market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the spa market in South America, 2023
Figure 6: Drivers of buyer power in the spa market in South America, 2023
Figure 7: Drivers of supplier power in the spa market in South America, 2023
Figure 8: Factors influencing the likelihood of new entrants in the spa market in South America, 2023
Figure 9: Factors influencing the threat of substitutes in the spa market in South America, 2023
Figure 10: Drivers of degree of rivalry in the spa market in South America, 2023