Thailand Spa Market Size- By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Thailand Spa Market Introduction and Overview
According to SPER market research, ‘Thailand Spa Market Size – By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Thailand Spa Market is predicted to reach USD XX billion by 2033 with a CAGR of XX%.
A spa is a facility that offers therapeutic mineral-rich spring water treatments. In addition to the well-known balneotherapy, spa towns and resorts typically offer a variety of health treatments. The term “spa” encompasses a wide range of services and can refer to anything from small facial and massage parlors to large, luxurious resorts. These bathing and relaxing areas were thought to promote health and wellness.
The COVID-19 outbreak has caused severe damage to the Thai spa business. Travel restrictions, lockdowns, and social distancing measures put in place to stem the virus’s spread caused a precipitous decline in the number of tourists visiting the region. For many spas, tourism is a significant source of income. For spa operators across the nation, the sudden decline in demand for their services resulted in operational challenges and income losses. The pandemic brought about stricter health and safety laws, which made it necessary for individuals to wear masks, limit capacity, and improve sanitary practices.
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 Type
Regions covered Eastern Region, Western Region, Northern Region, Southern Region
Companies Covered
Banyan Tree Spa, Mandara Spa, Let’s Relax Spa, Divana Spa, Anantara Spa, Others.
Thailand Spa Market Segmentation:
By Type:Based on the Type, Thailand Spa Market is segmented as; Salon Spa, Hotel and Resort Spa, Medical Spa, Destination Spa, Thermal Spring Spa, Others.
By Region:This research also includes data for Eastern Region, Western Region, Northern Region, Southern Region.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Thailand Spa Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Thailand Spa Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Spa Market
- 7. Thailand Spa Market, By Type (USD Million)
- 7.1. Thailand Spa Market Value Share and Forecast, By Type, 2024-2033
- 7.2. Salon Spa
- 7.3. Hotel and Resort Spa
- 7.4. Medical Spa
- 7.5. Destination Spa
- 7.6. Thermal Spring Spa
- 7.7. Others
- 8. Thailand Spa Market Forecast, 2020-2033 (USD Million)
- 8.1. Thailand Spa Market Size and Market Share
- 9. Thailand Spa Market, By Type, 2020-2033 (USD Million)
- 9.1. Thailand Spa Market Size and Market Share By Type (2020-2026)
- 9.2. Thailand Spa Market Size and Market Share By Type (2027-2033)
- 10. Thailand Spa Market, By Region, 2020-2033 (USD Million)
- 10.1. Thailand Spa Market Size and Market Share By Region (2020-2026)
- 10.2. Thailand Spa Market Size and Market Share By Region (2027-2033)
- 10.3. Eastern Region
- 10.4. Western Region
- 10.5. Northern Region
- 10.6. Southern Region
- 11. Company Profile
- 11.1. Banyan Tree Spa
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Mandara Spa
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Let’s Relax Spa
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Divana Spa
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Anantara Spa
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Others
- 12. List of Abbreviations
- 13. Reference Links
- 14. Conclusion
- 15. Research Scope
Research Assistance
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