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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Industry SWOT Analysis Chapter

The Health and Wellness Spas industry is in the mature stage of its industry life cycle. In the 10 years to 2019, industry value added, which measures the industry's contribution to the overall economy, is forecast to rise at an annualized rate of 4.2%. Comparatively, GDP is projected to rise 2.7% per year on average during the same period. As a result, the industry is growing relatively in line with the overall economy, a key indicator of its mature life cycle stage.

Although hardly a nascent industry, the Health and Wellness Spas industry came into greater prominence in the 1990s and 2000s with the proliferation of day and medical spas. The number of medical spas has grown strongly; from 2002 to 2010 more than 1,500 medical spas opened in the United States... 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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