Global Spa Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Facility Type;

Salon/Day Spa, Hotel/Resort, Medical Spa, Destination Spa, and Thermal/Mineral Spring Spa.

By Service;

Massage, Beauty/Grooming, Physical Fitness, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn123394194 Published Date: May, 2025 Updated Date: June, 2025

Spa Market Overview

Spa Market (USD Million)

Spa Market was valued at USD 106,888.13 million in the year 2024. The size of this market is expected to increase to USD 176,181.15 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.


Global Spa Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.4 %
Market Size (2024)USD 106,888.13 Million
Market Size (2031)USD 176,181.15 Million
Market ConcentrationMedium
Report Pages322
106,888.13
2024
176,181.15
2031

Major Players

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

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Spa Market

Fragmented - Highly competitive market without dominant players


The Spa Market continues to gain prominence due to the increasing emphasis on holistic well-being and self-care routines. Over 60% of wellness-focused consumers now consider spas essential to their lifestyle choices. The growing affinity for mind-body therapies and rejuvenating treatments is driving demand across various spa formats and experiences.

Innovation Through Smart Wellness Technologies
Technology is redefining spa interactions, with digital diagnostics, AI-led therapy planning, and interactive wellness devices being adopted widely. Around 45% of spas have already embraced these enhancements, delivering tailored experiences that elevate satisfaction and streamline service delivery.

Expanding Wellness Access for Broader Audiences
Spas are reaching new client segments with inclusive and gender-specific services. The rise of men’s wellness treatments, growing by 34%, marks a significant trend in broadening service portfolios. Specialized wellness formats now cater to different physical needs, age brackets, and recovery goals, enhancing user personalization.

Luxury Enhancements Driving Value Growth
Consumer preference is shifting toward exclusive and luxurious spa treatments, with about 48% favoring higher-value services offering custom regimens, sensory therapies, and elevated environments. This transformation is unlocking growth by redefining the consumer experience through premium service strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Facility Type
    2. Market Snapshot, By Service
    3. Market Snapshot, By Region
  4. Spa Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Changing Lifestyles
        2. Rising Urbanization
        3. Wellness Tourism
        4. Emerging Markets
      2. Restraints
        1. Economic Uncertainty
        2. High Operational Costs
        3. Competitive Landscape
        4. Regulatory Compliance
      3. Opportunities
        1. Technological Integration
        2. Wellness Tourism
        3. Diversification of Services
        4. Targeting Specific Demographics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Spa Market, By Facility Type, 2021 - 2031 (USD Million)
      1. Salon/Day Spa
      2. Hotel/Resort
      3. Medical Spa
      4. Destination Spa
      5. Thermal/Mineral Spring Spa
    2. Spa Market, By Service, 2021 - 2031 (USD Million)
      1. Massage
      2. Beauty/Grooming
      3. Physical Fitness
      4. Others
    3. Spa Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific.
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa.
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America.
  6. Competitive Landscape
    1. Company Profiles
      1. Hyatt Hotel Corporation
      2. Four Seasons Hotel Limited
      3. Marriot International, Inc.
      4. Hilton Hotels & Resorts
      5. OneSpaWorld Holdings Limited
      6. Siam Wellness Group
      7. InterContinental Hotels Group Plc.
      8. Massage Envy
      9. Kempinski Hotels S.A.
      10. Brenners Park-Hotel & Spa
  7. Analyst Views
  8. Future Outlook of the Market