Spain Spa Market Size & Outlook, 2021-2028

The spa market in Spain is expected to reach a projected revenue of US$ 2,471.1 million by 2028. A compound annual growth rate of 11.5% is expected of Spain spa market from 2022 to 2028.
Revenue, 2021 (US$M)
$1,155.9
Forecast, 2028 (US$M)
$2,471.1
CAGR, 2022 - 2028
11.5%
Report Coverage
Spain

Spain spa market highlights

  • The Spain spa market generated a revenue of USD 1,155.9 million in 2021 and is expected to reach USD 2,471.1 million by 2028.
  • The Spain market is expected to grow at a CAGR of 11.5% from 2022 to 2028.
  • In terms of segment, day/salon spa was the largest revenue generating service type in 2021.
  • Hotel/ Resort Spa is the most lucrative service type segment registering the fastest growth during the forecast period.

Spa market data book summary

Market revenue in 2021USD 1,155.9 million
Market revenue in 2028USD 2,471.1 million
Growth rate11.5% (CAGR from 2021 to 2028)
Largest segmentDay/salon spa
Fastest growing segmentHotel/ Resort Spa
Historical data2016 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationHotel/ Resort Spa, Day/Salon Spa, Destination Spas, Medical Spa, Mineral Spring Spa
Key market players worldwideBanyan Tree Holdings Ltd, Mandarin Oriental International Ltd, Hyatt Hotels Corp Class A, Marriott International Inc Class A, Woodhouse Day Spa, Hand and Stone Massage and Facial Spa, AYANA HOTEL, Four Seasons Hotels and Resorts

Other key industry trends

  • In terms of revenue, Spain accounted for 2.2% of the global spa market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In Europe, Germany spa market is projected to lead the regional market in terms of revenue in 2028.
  • France is the fastest growing regional market in Europe and is projected to reach USD 4,722.1 million by 2028.

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Spa Market Scope

Spa market segmentation & scope
Hotel/ Resort Spa
Day/Salon Spa
Destination Spas
Medical Spa
Mineral Spring Spa
Others

Spa Market Companies

Name Profile # Employees HQ Website

Spain spa market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to spa market will help companies and investors design strategic landscapes.


Day/salon spa was the largest segment with a revenue share of 38.69% in 2021. Horizon Databook has segmented the Spain spa market based on hotel/ resort spa, day/salon spa, destination spas, medical spa, mineral spring spa covering the revenue growth of each sub-segment from 2016 to 2028.


  • Spain Spa Service Type Outlook (Revenue, USD Million, 2016-2028)
    • Hotel/ Resort Spa
    • Day/Salon Spa
    • Destination Spas
    • Medical Spa
    • Mineral Spring Spa
    • Others

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Target buyers of Spain spa market databook

  • Our clientele includes a mix of spa market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain spa market , including forecasts for subscribers. This country databook contains high-level insights into Spain spa market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Spain spa market size, by service type, 2016-2028 (US$M)

Spain Spa Market Outlook Share, 2021 & 2028 (US$M)

Spain spa market size, by service type, 2016-2028 (US$M)

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