DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/542eea/indian_spa_market) has announced the addition of the "Indian Spa Market" report to their offering.
The report provides a brief overview of the Indian spa market. This describes the market size, growth, types of equipment and key segments. The spa industry has observed strong growth and is expected to grow. The rise in annual disposable incomes among individuals, coupled with the growing level of health awareness, has created strong opportunities for existing and new entrants in this sector.
According to the data released by IMF, India and China represent the two fastest-growing world economies. One economic sub-sector experiencing significant growth and evolution is the spa industry in India, It represents one of the most interesting global spa economies to watch in 2010 and 2011. The extended global spa economy is now estimated to be worth $255 billion. India will also continue to be a hot spot for those that seek travel services that incorporate diverse wellness packages, including people who couple medical procedures with spa indulgences, Ayurvedic treatments or cultural immersion experiences. The Indian spa industry is increasing every year, making the country one of the most popular spa destinations across the world.
The Indian spa industry, with over 2,300 spas, generates revenues around US$ 400 million annually. At present, India has around 20-25 major spa centers, most of them in the Southern states of Kerala and Karnataka. The market continues to grow, with over 700 spas predicted to open their doors in the next 2-5 years. While the spa market in India is still a modest sliver of the overall $60-billion-plus global spa economy, India is poised to attract significantly more western tourists (particularly on the medical/wellness/travel front) as well as continue to develop its own vibrant, indigenous spa market at a heady pace. Indian spas will also continue to expand their Ayurvedic menus, for both their passionate overseas clientele who want to experience authentic Ayurvedic therapies, as well as for local enthusiasts who are either already familiar with the benefits, or who wish to adopt their own Indian healing traditions for the first time.
Key Topics Covered:
- Spa Equipment and Facilities
- Market Size
- The Wellness Industry Cluster
- Some Key Characteristics of the Wellness Industry
- Market Structure & Segmentation
- Key Players
- Usage of Information Technology to Bring in Innovation into the Indian SPA
- Growth Drivers
- Current Trends in the Indian SPA Market
- Challenges
- Key Opportunities
- Industry Interest in Wellness as a Business Opportunity
- Swot Analysis
For more information visit http://www.researchandmarkets.com/research/542eea/indian_spa_market