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Spa Products’ Limitless Future
By: Karen A. Newman
Posted: October 14, 2008, from the June 2006 issue of GCI Magazine.
page 4 of 4
As GCI reported in “September 2005 Worldwide Wellness Boosts Spa Biz” by Elyse Glickman, the $11.2 billion-plus spa industry is targeting both high-end and mainstream clients in an increasingly sophisticated spa market that is propelled by the growing wellness trend.
The growth of spa facilities and increased awareness has led to spa-inspired beauty products lining the shelves of everything from high-end beauty supply stores to department store cosmetic sections to the corner pharmacy. In fact, 2005 spa retail figures are expected to register at $701 million.
Our manufacturers are optimistic about the future of spa products. “Spa care looks bright, not only in the United States, but worldwide,” said Gill. We are seeing a tremendous growth in the market.
McKenna’s Singer agrees. “The spa products market has expanded enormously with larger spas adding more body products, at-home spa services, and more men and teens going to spas—as well as people wanting to take better care of their skin and themselves and having the knowledge at their fingertips.” In Singer’s view, the spa products market, like all skin and body care products, is always expanding with changing product knowledge, research and new technologies in raw materials. “The future is limitless.”