The Asia Pacific Spa Market would witness market growth of 11.3% CAGR during the forecast period (2021-2027).
The spa services industry is constantly evolving, such as the usage of hybrid spa technology, which heats the spa using a gas-powered hybrid system. In comparison to traditional heating systems, the technology uses less carbon and other chemicals and is also more cost effective.
Changing lifestyles and interests, as well as rising disposable incomes, has changed the dynamics of the spa industry. Spa services have become a key part of people's life because of the health benefits they provide. The increased popularity of personal pampering and the idea of a spa as a self-improvement investment is developing the spa business globally. Spa services include a variety of health-related and body-relaxing treatments.
China, Japan and India are among the leading nations of the regional spa market. Because of the growing number of working professionals and growing awareness among population, the region is expected to see a significant increase in revenue transactions. Furthermore, the region's large populations, particularly in countries like China and India, as well as the region's growing working population and hectic lifestyles, are compelling people to seek ways to relieve stress through massages and other beauty spa services.
The China market dominated the Asia Pacific Spa Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $12.4 billion by 2027. The Japan market would experience a CAGR of 10.6% during (2021 - 2027). Additionally, The India market is poised to grow a CAGR of 11.9% during (2021 - 2027).
Based on Service Type, the market is segmented into Hotel/Resorts Spa, Day/Salon Spa, Destination Spa, Medical Spa, Mineral Spring Spa, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Spa Market is Projected to reach USD 90 Billion by 2027, at a CAGR of 11.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Planet Beach Franchising Corporation, Four Seasons Hotels Limited (Cascade Investment, L.L.C.), ME SPE Franchising, LLC, Jade Mountain, Mandarin Oriental International Limited (Jardine Matheson Holdings Limited), InterContinental Hotels Group PLC, Clarins Group SA, Lanserhof Group, Belmond Maroma Resort & SPA, and Gaia Retreat & SPA (Tattarang).
Scope of the Study
Market Segments Covered in the Report:
By Service Type
- Hotel/Resorts Spa
- Day/Salon Spa
- Destination Spa
- Medical Spa
- Mineral Spring Spa
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Planet Beach Franchising Corporation
- Four Seasons Hotels Limited (Cascade Investment, L.L.C.)
- ME SPE Franchising, LLC
- Jade Mountain
- Mandarin Oriental International Limited (Jardine Matheson Holdings Limited)
- InterContinental Hotels Group PLC
- Clarins Group SA
- Lanserhof Group
- Belmond Maroma Resort & SPA
- Gaia Retreat & SPA (Tattarang)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Spa Market, by Service Type
1.4.2 Asia Pacific Spa Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Spa Market
Chapter 4. Asia Pacific Spa Market by Service Type
4.1 Asia Pacific Hotel/Resorts Spa Market by Country
4.2 Asia Pacific Day/Salon Spa Market by Country
4.3 Asia Pacific Destination Spa Market by Country
4.4 Asia Pacific Medical Spa Market by Country
4.5 Asia Pacific Mineral Spring Spa Market by Country
4.6 Asia Pacific Others Spa Market by Country
Chapter 5. Asia Pacific Spa Market by Country
5.1 China Spa Market
5.1.1 China Spa Market by Service Type
5.2 Japan Spa Market
5.2.1 Japan Spa Market by Service Type
5.3 India Spa Market
5.3.1 India Spa Market by Service Type
5.4 South Korea Spa Market
5.4.1 South Korea Spa Market by Service Type
5.5 Singapore Spa Market
5.5.1 Singapore Spa Market by Service Type
5.6 Malaysia Spa Market
5.6.1 Malaysia Spa Market by Service Type
5.7 Rest of Asia Pacific Spa Market
5.7.1 Rest of Asia Pacific Spa Market by Service Type
Chapter 6. Company Profiles
6.1 Planet Beach Franchising Corporation
6.1.1 Company Overview
6.2 Four Seasons Hotels Limited (Cascade Investment, L.L.C.)
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Partnerships, Collaborations, and Agreements:
6.2.2.2 Geographical Expansions:
6.3 ME SPE Franchising, LLC
6.3.1 Company Overview
6.3.2 Recent strategies and developments:
6.3.2.1 Product Launches and Product Expansions:
6.4 Jade Mountain
6.4.1 Company Overview
6.5 Mandarin Oriental International Limited (Jardine Matheson Holdings Limited)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional Analysis
6.5.4 Recent strategies and developments:
6.5.4.1 Partnerships, Collaborations, and Agreements:
6.6 InterContinental Hotels Group PLC
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.7 Clarins Group SA
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Geographical Expansions:
6.8 Lanserhof Group
6.8.1 Company Overview
6.9 Belmond Maroma Resort & SPA
6.9.1 Company Overview
6.10. Gaia Retreat & SPA (Tattarang)
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Spa Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Spa Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Hotel/Resorts Spa Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Hotel/Resorts Spa Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Day/Salon Spa Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Day/Salon Spa Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Destination Spa Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Destination Spa Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Medical Spa Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Medical Spa Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Mineral Spring Spa Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Mineral Spring Spa Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Others Spa Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Others Spa Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Spa Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Spa Market by Country, 2021 - 2027, USD Million
TABLE 19 China Spa Market, 2017 - 2020, USD Million
TABLE 20 China Spa Market, 2021 - 2027, USD Million
TABLE 21 China Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 22 China Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 23 Japan Spa Market, 2017 - 2020, USD Million
TABLE 24 Japan Spa Market, 2021 - 2027, USD Million
TABLE 25 Japan Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 26 Japan Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 27 India Spa Market, 2017 - 2020, USD Million
TABLE 28 India Spa Market, 2021 - 2027, USD Million
TABLE 29 India Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 30 India Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 31 South Korea Spa Market, 2017 - 2020, USD Million
TABLE 32 South Korea Spa Market, 2021 - 2027, USD Million
TABLE 33 South Korea Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 34 South Korea Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 35 Singapore Spa Market, 2017 - 2020, USD Million
TABLE 36 Singapore Spa Market, 2021 - 2027, USD Million
TABLE 37 Singapore Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 38 Singapore Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 39 Malaysia Spa Market, 2017 - 2020, USD Million
TABLE 40 Malaysia Spa Market, 2021 - 2027, USD Million
TABLE 41 Malaysia Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 42 Malaysia Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 43 Rest of Asia Pacific Spa Market, 2017 - 2020, USD Million
TABLE 44 Rest of Asia Pacific Spa Market, 2021 - 2027, USD Million
TABLE 45 Rest of Asia Pacific Spa Market by Service Type, 2017 - 2020, USD Million
TABLE 46 Rest of Asia Pacific Spa Market by Service Type, 2021 - 2027, USD Million
TABLE 47 Key Information – Planet Beach Franchising Corporation
TABLE 48 Key Information – Four Seasons Hotels Limited
TABLE 49 Key Information – ME SPE Franchising, LLC
TABLE 50 Key Information – JADE MOUNTAIN
TABLE 51 Key Information – Mandarin Oriental International Limited
TABLE 52 Key Information – InterContinental Hotels Group PLC
TABLE 53 KEY INFORMATION – CLARINS GROUP SA
TABLE 54 Key Information – Lanserhof Group
TABLE 55 Key Information – Belmond Maroma Resort & SPA
TABLE 56 Key Information – Gaia Retreat & SPA
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Four Seasons Hotel Limited