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The Colombia spa market size is estimated to expand at a CAGR of 10.20% between 2024 and 2032.
The Colombia spa market growth is primarily driven by a change in the lifestyle of Colombians, leading to an increased demand for grooming and wellness services. Additionally, the rise in disposable income has made spa treatments more affordable for a larger portion of the population. The busy lifestyles and the growing trend of working from home have resulted in more health problems and body pains among individuals. This has created a higher demand for spa services as people seek relief and relaxation.
Additionally, during the pandemic, physical touch was not a top priority. However, this period allowed service providers and guests to explore touchless treatments like mind and body 'chargers', sound therapies, and zero-gravity stress reduction. While the demand for traditional spa treatments such as facials and massages, have returned to pre-pandemic levels but there is some twist. Guests now enjoy combining traditional services with new touchless options for a fresh spa experience, consequently driving up the Colombia spa market share.
Colombia is currently witnessing a surge in its tourism sector, with visitors increasingly seeking opportunities for rejuvenation and relaxation. As a result, spas have become an essential component of numerous hotels and resorts across the country. To entice more customers, many spa service providers are employing effective marketing strategies, such as offering wellness packages. These packages often include body treatments, couples' foot massages, and various other therapies. Additionally, hotels and resorts are investing in luxurious spa services to distinguish themselves from competitors and attract a larger customer base.
Colombia Spa Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Service Type
The market players are increasing their investments to integrate smart technologies and traditional wellness practices to enhance customer experience.
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:
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Breakup by Service Type |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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 Colombia
8.4.5 Others
9 Colombia Spa Market Overview
9.1 Key Industry Highlights
9.2 Colombia Spa Historical Market (2018-2023)
9.3 Colombia Spa Market Forecast (2024-2032)
10 Colombia 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 Grupo Akzara SAS
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 ACCOR SA (Hotel Sofitel Legend Santa Clara Cartagena)
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 Chateau De Noir Holdings, Inc.
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 Group 5 elements SAS
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 Makuira BEER SPA S.A.S
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 Viva Spa Poblado
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 Caltiau & Gutierrez SAS (Baw Thai Spa Boutique)
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 Four Seasons Hotels Limited
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 Amatsu 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 Om Spa For Men
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. Colombia Spa Market: Key Industry Highlights, 2018 and 2032
3. Colombia Spa Historical Market: Breakup by Service Type (USD Million), 2018-2023
4. Colombia Spa Market Forecast: Breakup by Service Type (USD Million), 2024-2032
5. Colombia Spa Market Structure
The market is projected to grow at a CAGR of 10.20% between 2024 and 2032.
The spa market in Colombia is experiencing significant growth due to growing awareness of the importance of self-care among individuals, increasing disposable incomes, and changes in lifestyles.
The key trends aiding the market expansion include the rise of innovative spa treatments and the flourishing tourism and hospitality sector in the country.
The major 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 Grupo Akzara SAS, ACCOR SA (Hotel Sofitel Legend Santa Clara Cartagena), Chateau De Noir Holdings, Inc., Group 5 elements SAS, Makuira BEER SPA S.A.S, Viva Spa Poblado, Caltiau & Gutierrez SAS (Baw Thai Spa Boutique), Four Seasons Hotels Limited, Amatsu spa, and Om Spa for Men, among others.
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