San Jose, California (PRWEB) Feb. 02, 2012. Global Industry Analysts has announced the release of a comprehensive global outlook on the health spa industry. The increasing need for wellness and beauty treatments, as well as constant demand for such basic servicesas facials and massages, is expected to maintain the health spa industry’s promising growth. Additionally, spa treatments that address prevailing lifestyle-related conditions, such as weight loss and stress relief, are forecast to contribute to market expansion.
The world health spa industry is an emerging industry and continues to attract a large number of customers. Advances in medicine and science, as well as prevailing nutrition and health trends, are contributing to the industry’s growth. The health spa industry witnessed a fall in demand for the more expensive treatment options; the market is focused on more in-demand therapies, such as massages, facials, weight loss and stress relief treatments. Spas are also offering more personalized treatments and aiming to lure customers with spa deals and discounts in tie-up with several hotels. Services such as nonsurgical procedures for the treatment of excess body fat as well as anti-aging therapies are expected to emerge as leading therapies in the medical spa market.
Spas are keeping abreast of customer needs and expectations and tailoring their services accordingly. Customers are increasingly being offered multifaceted services for body, mind and spirit. Spas are also offering the customer shorter treatments that are affordable and effective, such as 30-minute massages and facials. Hospitals and spas are increasingly overlapping in their roles and services with newer treatments, such as pain-management therapy, and preventive care is expected to be the biggest growth opportunity for medical spas. An increasing number of people are becoming aware of spa treatments with spa services also being marketed on Web-based channels and social networking sites. Though spas were usually frequented by women, spas are growingly being patronized by men as well. For example, men constitute 50 percent of the client base in dental spas.
Europe leads the spa industry in terms of revenues, followed by North America and the Asia-Pacific region; however Europe is far behind in terms of spa visit numbers. The Asia-Pacific region is set to further consolidate its position as the global hub for spa destinations, particularly as the hotel industry continues to grow in this region. China is emerging as a promising new destination for spa treatments in the Asia-Pacific region.
The research report titled, “Health Spas: A Global Outlook,” announced by Global Industry Analysts Inc., provides a collection of statistical anecdotes, market briefs and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include the U.S., Canada, Japan, France, Germany, Italy, Spain, UK, Australia, China, Hong Kong India, Indonesia, Thailand, Malaysia and the Middle East, among others. The report offers a compilation of recent mergers, acquisitions and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.
For more details about this comprehensive industry report, visit www.strategyr.com/Health_Spas_Industry_Market_Report.asp.
About Global Industry Analysts Inc.
Global Industry Analysts Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes more than 40,000 market and technology trends while monitoring more than 126,000 Companies worldwide. Serving more than 9,500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.