Global Thermal Springs Tourism Market Size & Outlook
Global thermal springs tourism market, 2018-2030 (US$M)
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Global thermal springs tourism market highlights
- The global thermal springs tourism market generated a revenue of USD 57,270.3 million in 2024 and is expected to reach USD 130,781.5 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 14.8% by 2030.
- In terms of segment, domestic accounted for a revenue of USD 42,182.8 million in 2024.
- Domestic is the most lucrative traveler type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Japan is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 57,270.3 million |
| Market revenue in 2030 | USD 130,781.5 million |
| Growth rate | 14.8% (CAGR from 2025 to 2030) |
| Largest segment | Domestic |
| Fastest growing segment | Domestic |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Domestic, International |
Other key industry trends
- In terms of revenue, the North America accounted for 2.3% of the global thermal springs tourism market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 9,206.6 million by 2030.
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Thermal Springs Tourism Market Scope
Thermal Springs Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Caldea | View profile | 51-100 | Escaldes, Escaldes-Engordany, Andorra, Europe | https://www.caldea.com/ |
| Blue Lagoon | View profile | 501-1000 | Grindavík, Gullbringusysla, Iceland, Europe | http://www.bluelagoon.com/ |
| Baden-Baden Kur & Tourismus | View profile | 11-50 | Baden-baden, Baden-Wurttemberg, Germany, Europe | https://www.baden-baden.com |
| Grand Resort Bad Ragaz | View profile | 501-1000 | Bad Ragaz, Graubunden, Switzerland, Europe | https://www.resortragaz.ch/ |
| Terme di Saturnia | View profile | 51-100 | Saturnia, Toscana, Italy, Europe | https://www.termedisaturnia.it |
Global thermal springs tourism 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 thermal springs tourism market will help companies and investors design strategic landscapes.
Domestic was the largest segment with a revenue share of 73.66% in 2024. Horizon Databook has segmented the Global thermal springs tourism market based on domestic, international covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Thermal Springs Tourism Traveler Type Outlook (Revenue, USD Million, 2018-2030)
- International
- Domestic
- Global Thermal Springs Tourism Service Type Outlook (Revenue, USD Million, 2018-2030)
- Therapeutic & Wellness
- Recreational
- Luxury & Spa Services
- Others (Adventure/Outdoor Activities, etc.)
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Target buyers of Global thermal springs tourism market databook
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Our clientele includes a mix of thermal springs tourism market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global thermal springs tourism market , including forecasts for subscribers. This global databook contains high-level insights into Global thermal springs tourism market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global thermal springs tourism market size, by regions, 2018-2030 (US$M)
Top 10 countries: Thermal springs tourism market size, 2024 (US$M)
Global thermal springs tourism market share, by traveler type, 2024 & 2030 (%, US$M)
Thermal springs tourism market: Opportunity assessment by country
Global thermal springs tourism market, by region, 2024 (US$M)
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