Health and Wellness Spas in the UK - Industry Market Research Report

Health and Wellness Spas in the UK - Industry Market Research Report


Health and Wellness Spas in the UK

The Health and Wellness Spas industry has benefitted from people caring more about their health. Wellness tourism has provided the industry with an expansive market of inbound clients attracted by spa towns and cities that have invested in contemporary and luxury spa businesses. However, over the five years through 2022-23, industry revenue is anticipated to decline at a compound annual rate of 0.2% to £7.6 billion. A sharp downturn in revenue was recorded in 2020-21 following the COVID-19 outbreak, which led to temporary closures of spas and social distancing restrictions. Following a significant increase in the two years through 2022-23 owing to the easing of lockdown restrictions and pent-up demand, revenue is expected to grow by 3.8% in 2023-24, supported by a rise in international tourist numbers.

Industry firms offer spa services such as massages, facials and body treatments. The industry includes day spas, spas located at resorts, hotel spas and medical spas.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings