Europe Spa Market Size- By Service Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Spa Market Introduction and Overview
According to SPER market research, ‘Europe Spa Market Size- By Service Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Spa Market is predicted to reach USD XX billion by 2033 with a CAGR of 10.85%.
A spa is a place that provides various wellness and health services with the goal of enhancing one’s mental, emotional, and physical well-being. In order to encourage rest and renewal, spas typically offer services including massages, facials, body treatments, and hydrotherapy sessions. They frequently use natural materials and therapeutic procedures. Spas can take many different forms: day spas that provide shorter, more targeted treatments, or opulent resorts with a wide range of amenities.
The European spa industry has been significantly impacted by the COVID-19 outbreak. Tight lockdown protocols and travel restrictions were put in place to stop the virus’s spread, causing some spas to temporarily close their doors and incurring large financial losses. Demand was further muted by a fall in customer confidence in spa services brought on by worries about their health and safety. As a result, many spa companies faced financial difficulties, leading to the permanent closure of several of them.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Service Type
Regions covered France, Germany, Italy, Spain, United Kingdom, Rest of Europe
Companies CoveredPlanet Beach Franchising Corporation, Four Seasons Hotels Limited (Cascade Investment, L.L.C.), ME SPE Franchising, LLC, Jade Mountain, Mandarin Oriental International Limited (Jardine Matheson Holdings Limited), InterContinental Hotels Group PLC, Clarins Group SA, Lanserhof Group, Belmond Maroma Resort & SPA, and Gaia Retreat & SPA (Tattarang).
Europe Spa Market Segmentation:By Service Type:Based on the Service Type, Europe Spa Market is segmented as; Hotel/Resorts Spa, Day/Salon Spa, Destination Spa, Medical Spa, Mineral Spring Spa, Others.
By Region:This research also includes data for France, Germany, Italy, Spain, United Kingdom, Rest of Europe.