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Health & Wellness Spas: Market Research Report

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

Health & Wellness Spas Market Research Report | NAICS OD4186 | Aug 2016

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

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
Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 11-16
2.9%
Annual Growth 16-21
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Profit
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Employment
375,219
Businesses
22,400
Industry Analysis & Industry Trends

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... purchase to read more

Industry Report - Industry Investment Chapter

The Health and Wellness Spas industry has a low level of capital intensity. For every $1.00 spent on wages, the average industry operator devotes about $0.07 to capital expenditures. The industry's capital intensity has remained relatively steady over the past five years and is similar to other personal service industries, which are characterized by their labor-intensive nature. Spas rely heavily on employees to perform massages, waxing, facials, manicures, pedicures and other spa treatments. Moreover, industry operators must also hire employees for administrative roles. However, some day spas, such as Planet Beach Contempo Spa, offer automated day spa services. Its salons have massage beds, guided meditations and skin-care treatments. Man.. 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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