Transparency Market
Research has recently published a market study that offers insights
into the factors that will be governing the Spas
And Beauty Salons Market in the Americas for the period from
2014 to 2020. The report, titled “Spas and Beauty Salons
Market - South America, Central America and North America Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2014 – 2020”,
is available for sale on the company website. The report states that
the Americas spas and beauty salon market will rise at a 7.2% CAGR
from 2014 to 2020. As such, the market, which stood at US$85.1 bn in
2013, is slated to be worth US$138.2 bn by 2020.
Consumers’
changing perception towards personal care coupled with continuous
strive to improve general well-being are generating a positive impact
on the spas and beauty salons industry. Growing consumer need to
improve personal appearance and well-being has increased the demand
for wellness solutions. Spa centers and beauty salons, in order to
meet the increasing demand for unique spa and beauty services, are
constantly striving to improve their services by focusing on changing
consumer preferences. With the growing preference for healthy
lifestyle, spas and beauty salons market in Mexico is expected to
witness growth over the forecast period.
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PDF file of Spas and Beauty Salons Market
Moreover, the U.S.
is dominating market for spas and beauty salons across rest of North
America. Argentina and Colombia is dominating market for spas and
beauty salons across South America. In Central America, Panama and
Nicaragua is leading spas and beauty salons market. Increasing
disposable income and changing consumer expenditure pattern related
to personal appearance are boosting the growth of the Americas spas
and beauty salons market.
In addition, rising
beauty awareness and concern towards personal appearance are driving
the North America spas and beauty salons market. Rising stress
levels, both mental and physical, among consumers of various age
groups are stimulating the demand for spas and beauty services across
South America and Central America. Consumers’ changing perception
towards personal care, and continuous strive to improve general
well-being is also generating a positive impact on the Americas spas
and beauty salons industry. Spa therapies, and services provided by
beauty salons, such as body polishing and massages such as relaxation
tranquility massage, exfoliate the skin by refining pores. Special
spa massages rejuvenate the skin by promoting cellular renovation and
by providing uniform relief.
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Research Report of Spas and Beauty Salons Market :
Spas and beauty
salons in the region are adopting new techniques and therapies to
satisfy growing consumer needs. Furthermore, several large beauty
salon chains and spa centers are adopting new techniques and
machineries to improve services and obtain better results.
Professional beauty and spa parlors are keen on acquiring qualified
workforce for better service delivery. Moreover, spa centers and
beauty salons are organizing training programs that meet
international standards for beauticians to improve their services.
Americas spas and
beauty salons market was valued at USD 85.11 billion in 2013 and
expected to reach USD 138.27 billion by 2020, growing at a CAGR 7.2%
over the forecast period. Increasing consumer demand for various
therapeutic massage techniques, which reduce stress and provide
instant relaxation to the body and mind, is a crucial factor for the
growing popularity of this market.
North America held
the largest market share in Americas spas and beauty salons market
followed by South America in 2013. With rising consumer concerns over
personal appearance and lifestyle, the spas and beauty salons
industry has been witnessing significant growth over the past few
years. Consumer awareness of the benefits associated with spas and
beauty salon services is also propelling the growth of the Americas
spas and beauty salons market.
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providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
Our experienced team of Analysts, Researchers, and Consultants, use
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Our data repository is continuously updated and revised by a team of
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information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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