This report provides an overview of the global health & wellness spa market, including its size, growth rate, and trends. Here are the key takeaways:
Market Size and Growth
- The global health & wellness spa market was valued at $124.23 billion in 2024.
- The market is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030, reaching a forecasted value of $173.74 billion by 2030.
Regional Markets
- Europe dominates the global health & wellness spa market, accounting for over 33% of the total market share.
- Asia-Pacific is expected to be the fastest-growing region, with a CAGR of 6.3% from 2024 to 2030.
Service Segments
- The massage and body treatments segment holds the largest market share, driven by the effectiveness of massages in reducing anxiety, stress, and depression.
- The destination spas segment shows significant growth due to their comprehensive wellness packages and tranquil, scenic locations.
Facility Segments
- The destination spas segment provides more business opportunities, with a growth rate of 6.3% from 2024 to 2030.
Geographic Distribution
- Women account for the largest market share, driven by rising wellness trends, increased awareness of health & wellness, and skin health concerns.
- Teenagers and children are expected to show significant growth in the market, driven by rising parental awareness of long-term benefits of spa treatments.
Key Players
- The report identifies several key players in the global health & wellness spa market, including Accor S.A., Four Seasons Hotels Limited, Hilton, Hyatt Corporation, IHG Hotels & Resorts, Marriott International, Inc., and others.
Overall, the report provides valuable insights into the global health & wellness spa market, highlighting its size, growth rate, trends, and key players.