Industry Background:
A sauna is a room or cabinet for designed and indoor & outdoor applications where people come to relax in dry or wet heat. It is the place which is heated to temperatures between 150°F and 195°F (65°C to 90°C). It is specially designed for relaxation keeping in mind all the facilities like temperature controls and different types of customer services. There are several types of sauna services offered such as massage service, food service, luxury locker rooms service, equipment installation service, and others.This growth is primarily driven by Growing Awareness about the Need for Relaxation and Mental Wellbeing
.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Specialized Consumer Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Therme Erding (Germany), Kotiharjun Sauna (Finland), Loyly Helsinki (Finland), Suomen Saunaseura (Finland), Original SkySauna (Finland), Lonnan Sauna (Finland), SPAWORLD (United States), Wi Spa (United States), KLAFS GmbH & Co. KG (Germany), Harvia Plc (Finland), Sauna King (Australia), TyloHelo Oy (Finland), Duravit (Germany), Physiotherm GmbH (Austria), Effegibi (Italy), SAWO Inc (Philippines) and Sunlighten, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 18th October 2021, Harvia Plc has signed up an exclusive distribution agreement with Bergman Ltd, of Tokyo, Japan, for its Harvia and Almost Heaven Saunas brands. Bergman has more than 20 years of experience in marketing and selling branded European heating devices in Japan. The company has strong engineering and technical knowledge in design, installation, and after-sales services. The distribution partnership with Bergman will help Harvia to continue the expand its geographical presence with an opportunity to grow the average purchase.
On 27th September 2021, Sunlighten, a leader in infrared saunas and portable light therapies, has partnered with Hologenix, the creators of Celliant infrared responsive textiles found in numerous performances, recovery, and sleepwear brands, to enhance the sauna experience. Celliant is tested in the fields of photobiology, nanotechnology, sleep medicine, diabetes, and wound care. In addition, Sunlighten is introducing its new luxury cotton accessories infused with Celliant for those who want to expand the health benefits of infrared and/or enjoy a spa-like experience.
Influencing Trend:
Increasing Popularity and Usage of Sauna Services Among Geriatric Population
Market Growth Drivers:
Growing Awareness about the Need for Relaxation and Mental Wellbeing and Demand for Warm and Quiet Places Away from Distractions for People
Challenges:
Stringent Regulatory Guidelines Associated with Sauna Services Market
Restraints:
High-Cost Investment Involved in Installation and Repair Services of Saunas and hence it is Affecting the Market
Opportunities:
Growing Development of Saunas in Resorts and Hotels will Boost the Sauna Services Market and Surging Spendings of People from Developing Region in Sustainable Wellness Experience
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Sauna Services Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Sauna Services Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Sauna Services players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Sauna Services Study Sheds Light on
The Sauna Services Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Sauna Services industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Sauna Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.