What is Spa Table Market Scope?
An increase in the number of spa industry will directly affect the growth of the spa table market. For instance, according to the government of the United States, in 2017, the United States spa industry was more than 187 million United States visitors. Hence, the rising number of the spa industry and increasing awareness among consumers regarding the benefit of spa tables are projected to drive the global spa table market over the forecast period. Spa furniture manufacturers are getting creative to offer massage tables that are not only unique in design but functional & comfortable for the overall experience of the spa-goers.
The Spa Table market study is being classified by Type (Electric SPA Bed and Manual SPA Bed), by Application (Beauty Salon, Medical, Leisure, Cosmetology and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Vendors from European and United States will contribute to the maximum growth of Global Spa Table market throughout the predicted period.
Arsimed Medical (Turkey), Hbw Technology (France), Gharieni Group (Germany), Meden-Inmed (Poland), Somethy (France), Living Earth Crafts (United States), ComfortSoul (United States), Sauna Italia (Italy), Earthlite Medical (United States), Foshan Homely Furniture Co., Ltd. (China) and Gharieni Group GmbH (Germany) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Spa Table market by Type, Application and Region.
On the basis of geography, the market of Spa Table has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
According to the Government of the United States, Every licensee is required to stay up to date and be aware of any changes in their state’s regulations. Any changes may affect what treatments you perform or how you perform them. The FDA regulates spa equipment based on safety standards. The FDA does not determine if a technician is allowed to perform a service. Hence, it may act as a hamper for market growth.
Influencing Market Trend
- Changing lifestyle among Teenager regarding the Usage of Spa Service
Market Drivers
- Rise in Wellness Tourism and Personalization of Product and Service across the World
- Increasing Adoption of Spa Service in Tier 2 and Tier 3 Cities Worldwide
Opportunities
- Growing Demand from Emerging Economics such as china, India, Brazil, among others
Restraints
- Lack of Certified Training Institute and Lack of Standardization in Some Countries
- Stringent Regulation Regarding Safety Rules For Manufacturing Spa Equipment Products
Challenges
- Lack of Presence of Skilled Labor and Rising Competition in the Market
Key Target Audience
Spa Table Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.