The global spa services market size was valued at USD 87.63 billion in 2023. The market is anticipated to expand from USD 99.79 billion in 2024 to USD 375.54 billion by 2032, exhibiting a CAGR of 18.02% during the forecast period. The rise is due to the growing consumer inclination toward LED therapy, novel cryotherapy, sound therapy, and hydrotherapy. Additional factor favoring industry growth is the change in traditional consumer mindset, which considered spa services a luxury.

Fortune Business Insights™ provides this information in its research report, titled “Spa Services Market, 2024-2032”.

Top Companies Covered in the Spa Services Market:

• Hyatt Hotel Corporation (U.S.)
• Four Seasons Hotel Limited (Canada)
• Marriot International, Inc. (U.S.)
• Hilton Hotels & Resorts (U.S.)
• OneSpaWorld Holdings Limited (U.S.)
• Siam Wellness Group (Thailand)
• InterContinental Hotels Group Plc. (U.K.)
• Massage Envy (U.S.)
• Kempinski Hotels S.A. (Switzerland)
• Brenners Park-Hotel & Spa (Germany)

Information Source: https://www.fortunebusinessinsights.com/spa-services-market-103490

Segments:

Day Segment to Register Notable Traction Driven by Affordability and Easy Access

Based on facility type, the market is subdivided into resort/hotel, day, medical, and others. The day segment is estimated to record commendable expansion throughout the forecast period. The growth is propelled by the rising affordability of facilities as the package does not constitute food and staying charges.

Massage Segment to Depict Appreciable Surge Propelled by Traditional Usage

By service, the market is categorized into massage, beauty/grooming, physical fitness, and others (hydrotherapy, diet, and others). The massage segment is slated to depict appreciable growth over the study period. The surge is driven by the escalating trend of beautification and an increasing demand for pedicure, manicure, facials, and other services.

Women Segment to Lead Considering Surging Popularity of Spa Services among them