Global Spa Mass and Mid-range Furniture Market 2017-2021
- Published: Jun 2017
- Pages: 70
- SKU: IRTNTR13735
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This industry research report identifies Earthlite, Gharieni Group, Lemi, Nilo The Spa Industry, and OAKWORKS SOLUTIONS as the key vendors in the global spa mass and mid-range furniture market. A comprehensive analysis of this market is also presented by product, by price range, by distribution channels, and by geography.
Overview of the global spa mass and mid-range furniture market
Market research analysts at Technavio predict that the global spa mass and mid-range furniture market will grow at a CAGR of around 5% by 2021. Changing spa facility trends and the remodeling of spa facilities are identified as primary factors for influencing the growth of this market. The remodeling of existing spa facilities increases the need for replacement sales. It has been observed that the substantial shift of consumers towards wellness and health drives consumers to avail spa treatments. These spa services include a high level of comfort with med-spa procedures and incorporating this into prevention treatments and services further increases its popularity. With spa experiences delivering effective results, the spa industry is currently concentrating on offering personalized experiences to enhance the treatment results by remodeling the existing spa centers. The remodeling of existing spas will boost the demand for new spa furniture, which will in turn, drive the growth of this market.
One of the latest trends that will gain traction in the global spa mass and mid-range furniture market is the availability of customized spa furniture. Spa furniture can be customized based on the requirements of the customers. The preference towards customized spa furniture is gaining wide popularity since it allows users alter attributes like design, size, and shape. Massage beds, portable beds, multi-purpose beds, outdoor relaxation beds, and multi-purpose chairs are some of the customized spa furniture already offered by different players.
Competitive landscape and key vendors
The spa mass and mid-range furniture market consists of many small and large vendors. To differentiate their products from the competitors’ and to gain a competitive advantage, the vendors are focusing on introducing innovative spa furniture. Various players are also offering to customize their spa furniture as per the requirements of customers.
The leading vendors in the market are -
- Gharieni Group
- Nilo The Spa Industry
- OAKWORKS SOLUTIONS
The other prominent vendors in the market are AP INTERNATIONAL BEAUTY, Collins Manufacturing Company, Continuum, Custom Craftworks, Design X Manufacturing, Leli Group Furniture Manufacturing, Pibbs Industries, and TouchAmerica.
Segmentation by distribution channel and analysis of the spa mass and mid-range furniture market
During 2016, the offline distribution channel accounted for the maximum sales of spa mass and mid-range furniture. This market research report estimate that the consultants, architects, and spa designers accounted for the major sales of the furniture in this distribution segment.
Geographical segmentation and analysis of the spa mass and mid-range furniture market
This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the spa mass and mid-range furniture market throughout the forecast period. The presence of specialized urban spas and boutique hotels that offer customers differentiated services at different price options drive the growth of the market in this region. The entry of new spa centers and the expanding upper- and middle-income groups in this region also significantly help the growth of the market in EMEA.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global spa mass and mid-range furniture market?
- What are the key market trends impacting the growth of the global spa mass and mid-range furniture market?
- What are the challenges to market growth?
- Who are the key vendors in the global spa mass and mid-range furniture market?
- What are the market opportunities and threats faced by the vendors in the global spa mass and mid-range furniture market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global spa mass and mid-range furniture market?
Technavio also offers customization on reports based on specific client requirement.
A thorough data collection methodology is followed by our market research reports for the consumer and retail industry to offer an analysis of fast growing market segments like general retail goods and services. This upcoming industry research report on the global global spa mass and mid-range furniture marketoffers insights into the key trends and developing drivers influencing the growth of the general retail goods and services industry.
This upcoming industry report on the global global spa mass and mid-range furniture marketalso considers the growth of the similar markets such as the archery equipment, which is expected to grow at a CAGR of more than 7% by 2021. According to our market research experts, the growing number of spa facilities may influence the demand for spa and beauty furniture and equipment in the coming years.
This upcoming market research report on the global global spa mass and mid-range furniture marketalso covers vendors like Lemi, Leli group, and Nilo. By considering the increasing demand, market forecast, and market size, for various general retail goods and services, the market research professionals at Technavio offer a clear picture of the global global spa mass and mid-range furniture marketfor the projected period of 2017 to 2021. Additionally, our research practices help clients to keep up with the constantly changing market landscape and develop operative growth strategies. Also, based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders this market study offers a complete analysis.
The upcoming market research report for the global global spa mass and mid-range furniture marketalso classifies the major drivers, key trends, as well as the constraints that the general retail goods and services sector currently experiences. It also presents insights into the rapidly altering competitive scenario to give clients a precise picture of the upcoming events within the consumer and retail industry. Technavio also provides deep-dive market assessments into the sectors such as pet supplies and toy and baby products.
Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Global profile
- Economic indicators
PART 06: Market landscape
- Market overview
- Market size and forecast
- Spa mass and mid-range furniture by material
- Five forces analysis
PART 07: Market segmentation by product
- Global spa mass and mid-range furniture market segmentation by product
PART 08: Market segmentation by price range
- Global spa mass and mid-range furniture market segmentation by price range
- Global spa mass furniture market
- Global spa mid-range furniture market
PART 09: Market segmentation by distribution channels
- Global spa mass and mid-range furniture market segmentation by distribution channels
PART 10: Geographical segmentation
- Global spa mass and mid-range furniture market segmentation by geography
- Spa mass and mid-range furniture market in EMEA
- Spa mass and mid-range furniture market in APAC
- Spa mass and mid-range furniture market in Americas
PART 11: Key leading countries
PART 12: Decision framework
PART 13: Drivers and challenges
- Market drivers
- Market challenges
PART 14: Market trends
- Customized spa furniture
- Green trend influencing use of environment-friendly materials
- Increase in the availability of multifunctional and portable products
PART 15: Vendor landscape
- Competitive scenario
- Key players in global spa mass and mid-range furniture market
- Competitive assessment of top five vendors
PART 16: Key vendor analysis
- Gharieni Group
- Nilo The Spa Industry (Nilo)
- OAKWORKS SOLUTIONS
- Other prominent vendors
PART 17: Appendix
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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