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Important Notice
According to Health and Wellness trends, the spa sector had a market size of $18 billion in 2020. More than 366 thousand people are employed in the industry that has more than 22 thousand firms. The spa industry is continuing to grow, even facing some setbacks from the COVID-19 Pandemic. Demand is on the rise, as consumers increasingly focus on the importance of their wellbeing, mental health, and stress relief. Additionally, spas are now considered just one of the fun things to do with friends or family. So why is the industry doing so well? Let’s take a look.
A spa provides a range of services for health management and body relaxation; these may include massages, body scrubs, steam baths, facials, waxing, and nail care. The rise in hectic lifestyle in urban areas, growth in inbound & outbound tourism for the purpose of wellness, rising demand from emerging markets, and awareness are the factors propelling the spa market growth. Spas cater to a wide variety of clientele who are looking to unplug and find stress relief. The demand for spa services is connected to personal income, tourism, and other demographic trends, but the hectic pace of modern life may also increase the need for these wellness services. The past couple of years has caused a lot of stress for thousands of people. Day spas are the perfect way for them to release this tension.
Similar to the need for stress relief, society has begun to place much more emphasis on physical and mental health. Spas might have been considered a luxury before but are now more normalized. People advocate for ways to address our mental well-being and promote healthy practices. Spas are recognized as a great gift for people, a good day trip for those who need stress relief, and even a great group activity.
In the age of self-care and living your best life, it’s all about the next big thing that holds the elusive secret to relaxation and beauty. Some of these new spa advances include “brain boosting” treatments. These are non-invasive neuro procedures that are reputed to have a wide range of beneficial effects on the brain, such as improved memory and energy, better sleep, and a more positive and energetic state of mind.
For more information on fun things to do with a spa trip, give us a call today!
