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 - Industry Locations Chapter
Establishments for the Health and Wellness Spa industry are distributed throughout the nation. However, the majority of industry operators are concentrated in the Southeast, Mid-Atlantic, West and Great Lakes regions.
The Southeast has the greatest share of franchise day spas and nail salons in the country, with an estimated share of 23.1% of establishments. The region is home to 25.4% of the US population, and the distribution of spas and salons closely mirrors this concentration. Florida has one of the highest concentrations of industry establishments. Population density in the Southeast has been growing over the past decade, with a 16.0% rise, compared with the more modest 9.1% increase for the rest of the United States... purchase to read more