North America Spa Services Market Size, Share, and COVID-19 Impact Analysis, By Spa (Hotel/Resort Spa and Destination Spa), By End-User (Women and Men), and North America Spa Services Market Insights, Industry Trend, Forecasts to 2033.

North America Spa Services Market Insights Forecasts to 2033

• The North America Spa Services Market Size was valued at USD 70.06 Billion in 2023.
• The Market is Growing at a CAGR of 11.05% from 2023 to 2033
• The North America Spa Services Market Size is Expected to Reach USD 199.88 Billion by 2033

The North America Spa Services Market is Anticipated to Reach USD 199.88 Billion by 2033, growing at a CAGR of 11.05% from 2023 to 2033.

Market Overview

The wellness and personal care market's North American spa services market provides a range of spa services, including body treatments, massages, facials, and hydrotherapy, to foster relaxation, health, and general well-being. Day spas, hotel/resort spas, medical spas, and destination spas are all part of the market and offer a variety of treatments aimed at rejuvenating the body and mind. These services cater to a range of client demands, including treatments, stress relief, and aesthetic enhancement. Increased awareness of wellness and self-care is a key factor driving the growth of the spa services industry in North America. Customers who are more concerned about their health are using spa services to lower stress, improve mental health, and maintain physical health. Additionally, the demand for high-end spa treatments has been fueled by the expansion of wellness retreats and luxury travel. The industry is expanding as a result of technological advancements, such as the integration of virtual wellness services. The North American spa sector has grown due to government efforts to promote wellness and health. Regulations ensure quality and safety standards, while wellness lifestyle programs encourage clients to invest in personal treatments. Increased government concern for mental wellness and stress reduction has also boosted the market.

Report Coverage

This research report categorizes the market for the North America spa services market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America spa services market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America spa services market.

Driving Factors

Growing customer interest in wellness, self-care, and mental health is a major factor propelling the North American spa services market. People are becoming more conscious of the importance of keeping their bodies and minds healthy, as evidenced by the rise in demand for anti-stress treatments like massages and relaxation therapy. High-end spa treatments have also increased in popularity due to the rise of luxury travel and wellness retreats, and technological advancements like virtual wellness solutions enhance the whole spa experience.

Restraining Factors

Premium spa treatments, especially at medical spas and luxury resorts, can be expensive, making them less accessible to budget-conscious customers. Economic cycles and consumer purchasing patterns also influence the market, as spa services are often seen as optional.

Market Segmentation

The North America spa services market share is classified into spa and end-user.

• The hotel/resort spa segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

The North America spa services market is segmented by spa into hotel/resort spa and destination spa. Among these, the hotel/resort spa segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Hotel and resort spas are popular due to their role in the hospitality industry, offering relaxation and wellness services to visitors. Luxury tourism has increased demand for these services, which typically include massages, facials, and body therapies. These spas cater to a wider demographic and have a higher market share than destination spas, which focus on wellness programs.

• The women segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the end-user, the North America spa services market is divided into women and men. Among these, the women segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Women dominate the spa market in North America, with a high emphasis on self-grooming, health, and beauty practices. Despite the growth of men's spa services, women still dominate the largest portion of spa users, despite the growing awareness of personal grooming and well-being among men.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America spa services market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Massage Envy
• The Woodhouse Day Spa
• Hand & Stone Massage and Facial Spa
• Resorts World Spa (Las Vegas)
• Four Seasons Spa
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America spa services market based on the below-mentioned segments:

North America Spa Services Market, By Spa

• Hotel/Resort Spa
• Destination Spa

North America Spa Services Market, By End-User

• Women
• Men