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Global spa market size is expected to reach $111.77 Bn by 2028 at a rate of 11.2%, segmented as by service type, massage, beauty/grooming, physical fitness, other service types
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Spa Global Market Report 2024 Market Size, Trends and Global Forecast 2023-2032
Spa Market Segments The Business Research Company segments it’s spa market report as: By Service Type Massage, Beauty/Grooming, Physical Fitness, Other Service Types Hotel/Resorts Spa, Destination Spa, Day/Salon Spa, Medical Spa, Mineral Spring Spa, Other Facility Types By Fecility Type By End User Male, Female
Spa Market Statistics The spa market size has grown rapidly in recent years. It will grow from $65.21 billion in 2023 to $72.97 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The spa market size is expected to see rapid growth in the next few years. It will grow to $111.77 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers Rapid urbanization is expected to propel the growth of the spas market. Trends Technological advancements are the key trends gaining popularity in the spa market. • Region North America was the largest region in the spa market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spa market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Market Players • Major players in the spa market are: • Miraval Spa • Spa Montage • Clarins Group • Exhale Spa • Canyon Ranch • And more. Get More Information On The Spa Market Report
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