Spa in Vietnam
Summary
Spa in Vietnam 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 Vietnamese spa market recorded revenues of $660.9 million in 2023, representing a compound annual growth rate (CAGR) of 0.2% between 2018 and 2023.
- The day/club/salon spa segment accounted for the market's largest proportion in 2023, with total revenues of $344.5 million, equivalent to 52.1% of the market's overall value.
- Vietnam accounted for 2.1% of the market share in the Asia-Pacific spa market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the spa market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the spa market in Vietnam
- 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 Vietnam spa market with five year forecasts by both value and volume
- What was the size of the Vietnam spa market by value in 2023?
- What will be the size of the Vietnam spa market in 2028?
- What factors are affecting the strength of competition in the Vietnam spa market?
- How has the market performed over the last five years?
- Who are the top competitors in Vietnam'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 strategies do the leading players follow?
- 7.4. What are the most recent notable developments in the market?
- 7.5. What are the new trends in the market?
- 7.6. What are some of the challenges faced by the leading players in the market?
- 8 Company Profiles
- 8.1. Four Seasons Hotels and Resorts
- 8.2. Six Senses Hotels Resorts Spas
- 8.3. Marriott International Inc
- 8.4. Anantara Hotels, Resorts & Spas
- 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: Vietnam spa market value: $ million, 2018-23
- Table 2: Vietnam spa market category segmentation: % share, by value, 2018-2023
- Table 3: Vietnam spa market category segmentation: $ million, 2018-2023
- Table 4: Vietnam spa market geography segmentation: $ million, 2023
- Table 5: Vietnam spa market value forecast: $ million, 2023-28
- Table 6: Four Seasons Hotels and Resorts: key facts
- Table 7: Four Seasons Hotels and Resorts: key employees
- Table 8: Four Seasons Hotels and Resorts: key employees Continued
- Table 9: Six Senses Hotels Resorts Spas: key facts
- Table 10: Six Senses Hotels Resorts Spas: key employees
- Table 11: Marriott International Inc: key facts
- Table 12: Marriott International Inc: annual financial ratios
- Table 13: Marriott International Inc: key employees
- Table 14: Marriott International Inc: key employees Continued
- Table 15: Marriott International Inc: key employees Continued
- Table 16: Anantara Hotels, Resorts & Spas: key facts
- Table 17: Anantara Hotels, Resorts & Spas: key employees
- Table 18: Vietnam size of population (million), 2019-23
- Table 19: Vietnam real gdp (constant 2010 prices, $ billion), 2019-23
- Table 20: Vietnam gdp (current prices, $ billion), 2019-23
- Table 21: Vietnam inflation, 2019-23
- Table 22: Vietnam consumer price index (absolute), 2019-23
- Table 23: Vietnam exchange rate, 2018-23
- List of Figures
- Figure 1: Vietnam spa market value: $ million, 2018-23
- Figure 2: Vietnam spa market category segmentation: $ million, 2018-2023
- Figure 3: Vietnam spa market geography segmentation: % share, by value, 2023
- Figure 4: Vietnam spa market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the spa market in Vietnam, 2023
- Figure 6: Drivers of buyer power in the spa market in Vietnam, 2023
- Figure 7: Drivers of supplier power in the spa market in Vietnam, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the spa market in Vietnam, 2023
- Figure 9: Factors influencing the threat of substitutes in the spa market in Vietnam, 2023
- Figure 10: Drivers of degree of rivalry in the spa market in Vietnam, 2023
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