Global Sauna and Spa Market 2024-2028

Global Sauna And Spa Market 2024-2028

The sauna and spa market is forecasted to grow by USD 1.44 bn during 2023-2028, accelerating at a CAGR of 6.22% during the forecast period. The report on the sauna and spa market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in tourism and hospitality industry, increasing demand for wellness and relaxation activities, and rising awareness about health benefits of saunas and spas.

Technavio's sauna and spa market is segmented as below:

By Application

• Hotel
• Gym and spas
• Household
• Others

By Type

• Entertainment
• Medical

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the growth in popularity of home saunas and spas as one of the prime reasons driving the sauna and spa market growth during the next few years. Also, growing geriatric population and increasing technological advancements will lead to sizable demand in the market.

The report on the sauna and spa market covers the following areas:

• Sauna and spa market sizing
• Sauna and spa market forecast
• Sauna and spa market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sauna and spa market vendors that include Anapos Steamworks Ltd., Dalesauna Ltd., Duravit AG, EDJUSTA UAB, Harvia Plc, Inca UK Ltd., KLAFS GmbH, Narvi Oy, Physiotherm Holding GmbH, Portcril, QCA Spas Inc., Sanspa Industrial Guangzhou Co. Ltd., Sauna360 Group Oy, SAWO Inc., Topline Pools and Wellness, Wellis Magyarorszag Zrt, Xuzhou Luxwarm Sauna Equipment Co. Ltd., Effegibi Srl, and Crystal Leisure Swimming Pools Ltd.. Also, the sauna and spa market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.