Industry Analysis & Industry Trends
The Health and Wellness Spas industry has experienced steady growth during the five years to 2015. 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 Analysis Chapter
The Health and Wellness Spas industry has experienced steady growth during the five years to 2015. Operators in this industry offer a wide variety of services to a downstream market of millions of Americans. According to the International Spa Association (ISPA), Americans made more than 164.0 million visits to spas in 2013 (latest available data), up from 150.0 million in 2010. In addition to day spas, which comprise the vast majority of annual revenue, facilities including hotel spas, medical spas, and spa resorts are also included in this industry.
Spas make a significant amount of revenue from massage and other bodywork services, with hair, skin and nail care treatment also representing a steady source of industry demand... purchase to read more