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Health & Wellness Spas in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Health & Wellness Spas Market Research Report | Life Sciences | Wellness Services | Jun 2014

Gussied up: Baby boomers will be a source of growth as spas expand their antiaging services

IBISWorld’s Health & Wellness Spas market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Massage Envy Massage Envy  market share
Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 09-14
3.1%
Annual Growth 14-19
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Profit
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Employment
315,865
Businesses
18,470
Industry Analysis & Industry Trends

In the years since the recession, industry revenue has gradually recovered with improving per capita disposable income and consumer confidence. To generate growth, spas have expanded their array of service offerings, particularly their range of antiaging and medical treatments. The baby-boomer generation is expected to take advantage of expanding antiaging services over the next five years, making the demographic an especially important source of industry growth.... purchase to read more

Industry Report - Starting a New Business Chapter

The Health and Wellness Spas industry has low barriers to entry. The industry is in the mature stage of its industry life cycle, and companies are slowly entering the industry to satisfy the slowly rising demand. Competition within the industry is high and increasing, however, which does present a slight barrier for potential entrants. Startup costs are low, as new entrants need only rent a space and purchase relatively cheap equipment. However, a company's success relies upon the skill of its employees, so a new entrant would need to find and hire talented masseurs, skin-care specialists, hair and nail stylists, and other skilled workers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Health & Wellness Spas Industry?

Companies in this industry offer spa services, such as massages, facials and body treatments. The industry includes day spas, spa resorts, hotel spas and medical spas.

Industry Products
Massage and bodywork treatmentsSkin-care treatmentsHair and nail treatmentsRetail
 
Industry Activities
Providing massagesProviding skin-care treatmentsProviding facialsProviding hair treatmentsProviding nail treatmentsRetailing skin-care and cosmetic merchandise


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