Fully pampered: Improving economic conditions will continue to sustain industry growth

The Health and Wellness Spas industry has experienced steady growth over the five years to 2016. 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...read more.

Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 11-16
2.9%
Forecast Growth 16-21
Profit
Employment
375,219
Businesses
22,400
Market Share of Companies
What Our Customers Say

Industry Threats & Opportunities

  • Spas are expanding their services, particularly antiaging treatments, to stimulate growth
  • Industry employment has grown, keeping pace with overall industry expansion
  • Higher disposable incomes will boost average industry revenue generated per client
  • Industry Report - Industry Key Buyers Chapter

    Market share concentration within the industry is low, with only one industry franchise accounting for a notable share of total industry revenue in 2016. The Health and Wellness Spas industry is highly fragmented; operators are spread across many locations to be close to key consumer markets in high-traffic locations. This trend makes it difficult for one company to serve a large portion of the entire market. The industry's largest player, Massage Envy, is franchised. Other large companies are typically high-end resorts such as Canyon Ranch, which generate high revenue per establishment but only operate a few locations...purchase to read more.

    Additional Insights for the Health & Wellness Spas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Health & Wellness Spas Industry are

  • Proximity to key markets
  • Having a loyal customer base
  • Business expertise of operators
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Number of adults aged 20 to 64 in the Health & Wellness Spas industry impact industry performance..

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    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 treatments
  • Skin-care treatments
  • Hair and nail treatments
  • Retail
  • Industry Activities
  • Providing massages
  • Providing skin-care treatments
  • Providing facials
  • Providing hair treatments
  • Providing nail treatments
  • Retailing skin-care and cosmetic merchandise
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Number of adults aged 20 to 64
  • Time spent on leisure and sports
  • Poverty rate

  • Current Performance
  • Steady expansion
  • Sources of growth
  • Chart: Revenue Growth

  • Industry Outlook
  • Building up demand
  • Growth markets
  • Table: Health & Wellness Spas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Health & Wellness Spas Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Beauty, Cosmetics & Fragrance Stores
  • Commercial Leasing
  • Drug, Cosmetic & Toiletry Wholesaling
  • Dry Cleaners

  • Products & Services
  • Massage and bodywork treatments
  • Skin-care treatments
  • Hair and nail treatments
  • Retail
  • Other
  • Chart: Health & Wellness Spas Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Adult women
  • Seniors
  • Adult men
  • Teenagers and children
  • Chart: Major Market Segmentation for the Health & Wellness Spas Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent and utilitiesDepreciation
  • Chart: Cost Structure Benchmarking – Sector vs Health & Wellness Spas

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Health & Wellness Spas Industry

  • Industry Globalization
    Massage Envy
  • Table: Massage Envy - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Health & Wellness Spas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Health & Wellness Spas Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per Capita Disposable Income (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bodywork
  • Any therapeutic, healing or personal development technique that involves touching, energy medicine or physical manipulation.
  • Exfoliation
  • A cosmetic technique aimed at removing dead skin cells from the face and body.
  • Facial Mask
  • A cosmetic product applied to the face for a set time, used for different purposes, including deep cleansing, healing acne scars or hyper-pigmentation, and skin brightening.
  • Why buy this report?

    The Health & Wellness Spas Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Health & Wellness Spas:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Health & Wellness Spas market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Health & Wellness Spas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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