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Chile Spa Market Size, Share, Trends, Analysis, forecast: By Service Type: Salon Spa, Hotel and Resort Spa, Medical Spa, Destination Spa, Thermal Spring Spa, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Chile Spa Market Outlook
The Chile spa market size is projected to expand at a CAGR of 10.60% between 2024 and 2032.
Key Takeaways
- According to industry reports, in 2022, the tourism sector in Chile saw a growth of 52.9% in revenue compared to 2021.
- Hotels established in areas popular for wellness tourism like Ñuble and Reñaca in Chile stand out by offering spa experiences focused on ensuring the well-being of their guests through massages and natural therapies.
- There is a rising focus on the adoption of sustainable practices and organic products, and obtaining green certifications by wellness centres and spas looking to attract environmentally conscious consumers.
Hotels and resorts dominate the Chile spa market, driven by the country's increasing appeal as a tourist hotspot with a wide range of landscapes and attractions. Tourists now consider spa services an essential part of their hotel or resort experience, providing rejuvenation after days filled with exploration. Additionally, medical spa treatments are becoming increasingly popular among locals and tourists, favouring the Chile spa market growth.
The market is expected to be driven by the increasing popularity and significance of holistic wellness programmes in the region. The demand for all-encompassing wellness programmes that extend beyond individual spa treatments is on the rise. In response, spas in Chile are now providing comprehensive packages that incorporate nutritional guidance, fitness activities, mindfulness sessions, and other wellness elements. These offerings cater to individuals seeking long-term care and well-being.
Furthermore, increasing investments by hotels and resorts to improve their facilities, and existing services and offerings are expected to increase the footfall of guests. For instance, Tierra Atacama Hotel and Spa, the environmentally friendly luxury desert lodge located near San Pedro de Atacama in northern Chile, revealed its $12 million renovation project involving a comprehensive upgrade of the hotel's interiors and furnishings, along with the introduction of eight new suites.
Market Segmentation
Chile Spa Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Service Type
- Salon Spa
- Hotel and Resort Spa
- Medical Spa
- Destination Spa
- Thermal Spring Spa
- Others
Competitive Landscape
The market participants are placing a greater attention on utilising sustainable and environmentally friendly products to obtain green spa certifications.
- Luna de Pirque Hotel & Spa
- Spa One and Only Ltda.
- BowSPA
- SPA Del Bosque
- The Secret Aqua & Spa
- Masare Spa
- Camino del Agua Natural SPA
- Spa Origen
- Aquanatura SPA
- Termas De Jahuel Hotel & Spa
- Others
Key Highlights o f the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Service Type |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Spa Market Overview
8.1 Key Industry Highlights
8.2 Latin America Spa Historical Market (2018-2023)
8.3 Latin America Spa Market Forecast (2024-2032)
8.4 Latin America Spa Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Chile
8.4.5 Others
9 Chile Spa Market Overview
9.1 Key Industry Highlights
9.2 Chile Spa Historical Market (2018-2023)
9.3 Chile Spa Market Forecast (2024-2032)
10 Chile Spa Market by Service Type
10.1 Salon Spa
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Hotel and Resort Spa
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Medical Spa
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Destination Spa
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Thermal Spring Spa
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Powers
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Luna de Pirque Hotel & Spa
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Spa One and Only Ltda.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 BowSPA
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 SPA Del Bosque
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 The Secret Aqua & Spa
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Masare Spa
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Camino del Agua Natural SPA
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Spa Origen
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Aquanatura SPA
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 Termas De Jahuel Hotel & Spa
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Spa Market: Key Industry Highlights, 2018 and 2032
2. Chile Spa Market: Key Industry Highlights, 2018 and 2032
3. Chile Spa Historical Market: Breakup by Service Type (USD Million), 2018-2023
4. Chile Spa Market Forecast: Breakup by Service Type (USD Million), 2024-2032
5. Chile Spa Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 10.60% between 2024 and 2032.
The rise in disposable incomes, the increasing emphasis on health and wellness, and the development of the tourism sector are the primary drivers shaping the growth of the spa market in Chile.
The rise in popularity of comprehensive wellness programs and the expanding presence of high-end spas in the area are the key trends in the market.
The different service types according to the market report are salon spa, hotel and resort spa, medical spa, destination spa, and thermal spring spa, among others.
The major players in the market are Luna de Pirque Hotel & Spa, Spa One and Only Ltda., BowSPA, SPA Del Bosque, The Secret Aqua & Spa, Masare Spa, Camino del Agua Natural SPA, Spa Origen, Aquanatura SPA, and Termas De Jahuel Hotel & Spa, among others.
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