Sauna & Spa Market Size
| Study Period | 2020 - 2029 |
| Market Size (2024) | USD 135.95 Billion |
| Market Size (2029) | USD 194.51 Billion |
| CAGR (2024 - 2029) | 7.43 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Sauna & Spa Market Analysis
The Sauna and Spa Market size is estimated at USD 135.95 billion in 2024, and is expected to reach USD 194.51 billion by 2029, growing at a CAGR of 7.43% during the forecast period (2024-2029).
Saunas have been used for thousands of years and are still popular today. A sauna can help people to unwind and relax, and it may have other health benefits. The Mayans used sweat houses 3,000 years ago, and Sweating has long been used as a therapy. Traditional Finnish saunas usually use dry heat, with a relative humidity that is often between 10% and 20%. In other sauna types, the moisture is higher. Turkish-style saunas involve a greater level of humidity. There are several types of saunas, based on how the room is heated. These include wood burning, electrically heated, infrared room, and steam room.Sauna and spa are seemed to be supportive of the body and mind healing treatments. Spa followed by sauna treatments has become common. The most common spa treatment is a massage. Other services offered range from facials, manicures, pedicures, and body treatments. Bonding sessions, detox, improving confidence and self-esteem, lowering blood pressure, reducing pain, reducing stress, weight reduction, meditation, healthy skin, and relaxation are significant benefits of frequent spa treatment.
There are diverse types of saunas, such as the traditional Finnish sauna, steam bath (also known as a Turkish bath), and infrared sauna, etc. Technology advancements and different innovations are introduced in the infrared sauna. Sauna is considered a part of spa treatment generally along with aromatherapy, body wraps or mud bath, bathing, waxing, manicure and pedicure, and massage are different types of spa treatment. The different types of spa therapy based on offering locations are day spa, destination spa, hotel or resort spa, medical spa, cruise ship spa, airport spa, mineral springs spa, etc. The European spa is one of the world's largest due to its relatively higher average revenues. The spa industries in most European countries have recovered well from the economic crisis of the early 2010s. Russia's spa industry has also grown significantly in the last five years. The growing wellness industry in Europe is one of the major growth drivers of the sauna and spa market. The growth in the hospitality industry in the region and the associated influx of tourists to Europe are expected to keep the sauna and spa market buoyant in the region.
In 2020, the outbreak of COVID-19 pandemic has created an unfavorable impact on the market as the sauna and spa services demand have declined rapidly between January to March and extended further. The impact was indirectly hit by other sectors which associated with this markets.
Sauna & Spa Market Trends
This section covers the major market trends shaping the Sauna & Spa Market according to our research experts:
The Rising Expenditure Capacities of the Consumers Drive the Market
The increasing disposable income, rising expenditure capacities, and spending pattern of millennials has been remarkably changed in the last few years. The buying behavior and pattern have changed due to urbanization and lifestyle. Their lifestyle focuses on social health, which is backed by rising expenditure due to increased earning. This generation is looking at this sauna and spa industry as a necessity. Thus, millennials are ready to spend on their lifestyle, which is driving the growth of this industry.
The rapid urbanization, sedentary lifestyles, and hectic schedules of working professionals around the globe are major concerns for health. It is mandatory for working professionals to be healthy physically and mentally to maintain and increase productivity.In addition, the rising adoption of sauna and spa services primarily across geriatric groups is also one of the factors bolstering the demand for spa services and thereby adding up to the market growth significantly.
Increasing Tourism Fuels the Sauna and Spa Industry
A spa hotel is a hotel with the primary purpose of providing individual services and treatments for clients, focusing on health. The global tourism industry has experienced growth in the last many years, excluding 2020. International tourist arrivals have risen as global per capita income has increased and consumer sentiment has improved. Leisure tourism is the largest sector of the tourism industry.The leisure tourism and hospitality market bring domestic and international tourists to destinations to spend official or vacation time. These tourists avail the sauna and spa services provided by hotels, luxury hotels, and resorts. In the leisure tourism and hospitality industry, sauna and spa services are available as part of the package or amenities. Thus, the sauna and spa industry is perceived as the packaged part of the hospitality and tourism market. The growth in the leisure tourism and hospitality industry is driving the sauna and spa market.
Sauna & Spa Industry Overview
The Global Sauna and Spa market is highly fragmented. The increasing number of new players in the global market is expected to rev up the competition levels for the established market players.Key players are focusing on delivering customized and innovative services targeted to gain more customers. The customization is based on factors such as brands of products used, duration of service, and others. Some of the most important players operating in the market are KLAFS Group, Harvia PLC, SaunaKing, TyloHelo Oy, Duravit, Physiotherm, Effegibi, SAWO Inc., Narvi Oy, and Other Prominent Players.
Sauna & Spa Market Leaders
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Klafs Group
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Harvia PLC
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TyloHelo Oy
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Duravit
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Physiotherm
*Disclaimer: Major Players sorted in no particular order
Sauna & Spa Market News
- May 2021 - Harvia Plc signed and closed an agreement to acquire Kirami Oy ('Kirami'), a Finnish still water hot tub manufacturer and pioneer in wood-heated hot tubs globally. The acquisition complements Harvia's sauna and spa offering well and strengthens Harvia's leading position as a global sauna and spa experience brand. Kirami also owns 50% of an Estonian production company Metagroupp OÜ and 51% of a sales company Kirami Sweden AB, the shares of which are included in the transaction as well.
- March 2021 - Duravit, an international manufacturer of designer bathrooms with over 200 years of history, launched a flagship store on JD on 26th March. The brand chose to debut its SensoWash® Starck f Shower Toilet in the Chinese market on JD to mark the new store's opening. JD's professional home improvement and installation services are one of the reasons why Duravit chose to work with JD. JD's logistics network will also improve Duravit's delivery efficiency to further meet consumers' demands for fast delivery.
Sauna & Spa Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Porter's Five Force Analysis
4.6 Technological Innovations and Developments
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Application
5.1.1 Hotel/Hospitality
5.1.2 Gym/Fitness and Spas
5.1.3 Household
5.1.4 Other Applications
5.2 By Type of Market
5.2.1 New
5.2.2 Renovation/Replacement
5.3 By Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 KLAFS Group
6.2.2 Harvia PLC
6.2.3 SaunaKing
6.2.4 TyloHelo Oy
6.2.5 Duravit
6.2.6 Physiotherm
6.2.7 Effegibi
6.2.8 SAWO Inc.
6.2.9 Narvi Oy
6.2.10 Other Prominent Players in the Industry*
- *List Not Exhaustive
7. FUTURE OF THE MARKET
8. DISCLAIMER
Sauna & Spa Industry Segmentation
The report aims to provide a detailed analysis of the Suana and Spa market. It focuses on market dynamics, customer trends, and insights into geographical segments. Also, it analyzes the major players and the competitive landscape in the market. The Sauna and Spa Market is Segmented By Application into Hotel/Hospitality, Gym/Fitness and Spas, Household, Other Applications, by Type of Market into New, and Renovation/Replacement and by Geography into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The report offers market size and forecast in value (USD billion) for all the above segments.
| By Application | |
| Hotel/Hospitality | |
| Gym/Fitness and Spas | |
| Household | |
| Other Applications |
| By Type of Market | |
| New | |
| Renovation/Replacement |
| By Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East & Africa |
Sauna & Spa Market Research FAQs
How big is the Sauna and Spa Market?
The Sauna and Spa Market size is expected to reach USD 135.95 billion in 2024 and grow at a CAGR of 7.43% to reach USD 194.51 billion by 2029.
What is the current Sauna and Spa Market size?
In 2024, the Sauna and Spa Market size is expected to reach USD 135.95 billion.
Who are the key players in Sauna and Spa Market?
Klafs Group, Harvia PLC, TyloHelo Oy, Duravit and Physiotherm are the major companies operating in the Sauna and Spa Market.
Which is the fastest growing region in Sauna and Spa Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Sauna and Spa Market?
In 2024, the North America accounts for the largest market share in Sauna and Spa Market.
What years does this Sauna and Spa Market cover, and what was the market size in 2023?
In 2023, the Sauna and Spa Market size was estimated at USD 126.55 billion. The report covers the Sauna and Spa Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Sauna and Spa Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What factors are driving the growth of the Sauna and Spa Market?
The factors driving the growth of the Sauna and Spa Market are a) Increasing demand for wellness tourism, particularly in the hospitality sector b) Growth in international tourism, and the popularity of home spa solutions
What are the major challenges faced by the Sauna and Spa Market?
The major challenges faced by the Sauna and Spa Market are a) High initial cost of equipment for saunas and spas b) Ongoing maintenance costs for saunas and spas
Sauna Spa Industry Report
The Sauna and Spa Market is on track for significant expansion, fueled by rising demand in various sectors such as hotels, medical institutions, and bath centers globally. This growth is further supported by the tourism and hospitality sector, with many facilities incorporating sauna and spa services to boost customer retention and enhance experiences. Additionally, the rising popularity of home saunas and spas underscores a trend toward convenience and personalization. Market dynamics are driven by an increasing interest in wellness tourism and self-care, which stimulates demand for sauna and spa services. However, the industry faces challenges like high initial setup and ongoing maintenance costs that could restrain growth. The market is segmented by type into entertainment and medical categories, catering to a variety of consumer preferences. A significant trend is the integration of saunas and spas into hotels and resorts, signaling a shift towards more health-focused amenities. This move coincides with a growing environmental consciousness, leading to the adoption of eco-friendly practices within the sauna industry. Mordor Intelligence™ Industry Reports provide detailed statistics for the sauna spa market size, share, and revenue growth rate, with forecasts extending and a comprehensive historical overview. For further insights, a free report PDF download offering an industry analysis sample is available.
