Portables Spas Market Size, Share, Growth, and Industry Growth by Type (Non-skirting and Skirting) By Application (Household, Commercial, Hotel, and Others) Regional Forecast From 2024 to 2031

Updated On: 08 April 2024

Portables Spas Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global portables spas market size expanded rapidly in 2021, as per our research, the market is expected to generate substantial revenue by 2031, exhibiting a robust CAGR during the forecast period. 

The global COVID-19 pandemic has been unprecedented and staggering, with the portables spas market experiencing higher-than-anticipated/lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

A portable spa is a bathtub or Jacuzzi. The small spa is used to move the tub from one place to another.  The product is made of fiberglass, acrylic, and some cases made of wood. The spas vary from size and color and typically smaller than traditional spas.

The market is expected to grow over the forecast period owing to rise in need for relaxation and luxury among growing population is anticipated to accelerate market growth. Huge popularity for spa treatment and rise in disposable income. Growing spending capacity is predicted to flourish market growth in the forthcoming years. Huge adoption of the equipment in hotels and resorts. Growing need for rejuvenation, relaxation, and wellness service is predicted to drive market progress. Increased demand from household sector and several health benefits of the spa treatment is anticipated to surge market growth. Huge importance of maintain good health and fitness is expected to propel market growth in the upcoming years. Rapid technological advancement and huge possibilities to manufacturer more innovative and advanced spas is anticipated to attract more consumers in the forthcoming years. On the contrary, the higher cost of the spas is predicted to hamper market progress in the coming years.

COVID-19 Impact: Closure of Resorts and Hotels Service Globally to Hamper Market Growth

The spread of COVID-19 pandemic reduced spas demand. Closure of resorts and hotels service globally hamper market growth. Lockdown restrictions and lower demand for spa services to minimized market growth. However, reopening of spas and hotels is projected to recover market progress.

LATEST TRENDS

"Increased Demand for Relaxation to Fuel Market Progress"

The growing need for relaxation among growing population is expected to fuel market growth. The spas are used to relax body and de-stress. It helps to hydrate skin and stimulate skin cells. Further it offers to cleanse skin deeply. Huge need to remove toxic elements and dead skin from the body is anticipated to surge market growth.  Other health benefits associated with spa therapy such as improving sleep, muscle relaxation is predicted to flourish market growth in the forthcoming years.

Portables Spas Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type

Based on type, the market is divided into non-skirting and skirting.

Non-skirting is expected to be the top part of type segmentation.

• By Application

Based on the application, the market is divided into household, commercial, hotel, and others.

Hotel is expected to be the top part of application segmentation.

DRIVING FACTORS

"Increased Spending Capacity and Rise in Disposable Income to Fuel Market Growth "

Huge popularity for spa treatment and rise in disposable income. Growing spending capacity is predicted to flourish market growth in the forthcoming years. Huge adoption of the equipment in hotels and resorts. Growing need for rejuvenation, relaxation, and wellness service is predicted to drive market progress. Increased demand from household sector and several health benefits of the spa treatment is anticipated to surge market growth. Huge importance of maintain good health and fitness is expected to propel market growth in the upcoming years. Rapid technological advancement and huge possibilities to manufacturer more innovative and advanced spas is anticipated to attract more consumers in the forthcoming years.

"Growing Demand from Hotels and Resorts to Drive Market Growth "

The increased need for spas in hotels and resorts is anticipated to drive market growth. Rapid development in hotels infrastructure and ongoing innovations is predicted to fuel market growth. A portable spa is a bathtub or Jacuzzi. The small spa is used to move the tub from one place to another.  The product is made of fiberglass, acrylic, and some cases made of wood. The spas vary from size and color and typically smaller than traditional spas. Increased investment by market players is anticipated to fuel market growth. Huge demand for luxury hotels and resorts among population is projected to drive market progress.

RESTRAINING FACTORS

"High Price of Portable Spas to Limit Market Growth "

The higher cost of the spas is predicted to hamper market progress in the coming years.

Portables Spas Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"Increased Demand for Spas and Huge Adoption in Residential Areas in North America to Drive Market Share."

North America is anticipated to account for portables spas market share owing to huge adoption in residential areas. Huge installation of spas and rapid product penetration. Huge adoption of the equipment in hotels and resorts. Growing need for rejuvenation, relaxation, and wellness service is predicted to drive market progress. Increased demand from household sector and several health benefits of the spa treatment is anticipated to surge market growth. Huge importance of maintain good health and fitness is expected to propel market growth in the upcoming years. Rapid technological advancement and huge possibilities to manufacturer more innovative and advanced spas is anticipated to attract more consumers in the forthcoming years.

Asia Pacific is anticipated hold second market position due to the growing need for relaxation among growing population is expected to fuel market growth. The spas are used to relax body and de-stress. It helps to hydrate skin and stimulate skin cells. Further it offers to cleanse skin deeply. Huge need to remove toxic elements and dead skin from the body is anticipated to surge market growth.   

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• ROCA (Spain)
• Villeroy & Boch (Germany)
• GLASS 1989 (Italy)
• HotSpring Spas (Australia)
• TEUCO (Philippines)
• Beachcomber Hot Tubs (Canada)
• Desjoyaux Pools (France)
• Thermo Spas (U.S.)
• Coast Spas (British Columbia)
• Jaquar (India)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.