Show menu

What is the value of the spa market | Astute Analytica

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added by vindheim
97 Views
The global spa market size grew from US$ 95 Bn in 2021 and is anticipated to record a revenue of US$ 185.5 Bn by 2030 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term.

Report Scope

The research report provides a detailed analysis of the global spa market covering market drivers, opportunity growth, and trends of the market including challenges. The regions tracked in the global spa market include North America, Europe, Asia Pacific, Middle East & Africa, and South America. As per the analysis, Europe accounted to hold the highest market share in 2021 with 35.4%, as the top-six wellness tourism destination is in Europe. In addition, Germany, France, and Austria are some of the most preferred wellness tourist destinations among wellness enthusiasts.

More Full Report Here- https://www.astuteanalytica.com/industry-report/spa-market

Furthermore, according to the Global Wellness Institute, Europe ranks #1 in the world for annual wellness trips: 292 million in 2017. However, Asia Pacific is projected to expand at an increasing rate of 8.3% in the global spa market over the forecast period of 2022 to 2030. Owing to the increasing tourism in Asian countries, according to the United Nations, World Tourism Organization Asia-Pacific travelers now represent 37% of the world’s total international travel spending on Wellness.

Facebook: https://www.facebook.com/profile.php?...
LinkedIn: https://www.linkedin.com/company/astu...
Twitter: https://twitter.com/AstuteAnalytic1
Commenting disabled.

Up Next