The report titled ÒThe Global Spa and Sauna Component Market: Size, Trends & Forecasts (2018-2022)Ó, provides an in-depth analysis of the global spa and sauna component market by value, by sauna type, by end use, by demand and by region. The report also provides the analysis of the spa and sauna component market of Europe, APAC, North America, Middle East and Rest of the World.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global spa and sauna component market has also been forecasted for the period 2018-2022, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global spa and sauna component market is highly fragmented due to presence of numerous local and small players. However, the competition in the global spa and sauna component market is dominated by CapMan (Harvia), TyloHelo, Klafs, Anhui SaunaKing, EOS Saunatechnik, SAWO and Narvi.
Country Coverage
Europe
APAC
North America
Middle East
Rest of the World (ROW)
Company Coverage
CapMan (Harvia)
TyloHelo
Klafs
Anhui SaunaKing
EOS Saunatechnik
SAWO
Narvi
Executive Summary
Sauna is a Finnish word meaning bath or bath house. Sauna is a small room which was traditionally constructed with a wooden interior and is used as a hot air steam bath for cleansing and refreshing the body. The roots of spa and sauna culture dates back to the Neolithic Age. Although today, sauna culture is considered to come from Finland as with the scares of syphilis in 1500s, the culture died in most of the Europe except the country.
The first saunas were dug into a trough in the ground. The saunas then evolved to being build above the ground with wooden logs and then to using metal woodstove with a chimney. The heating technology also evolved from wood burned to electric and to infrared. The therapeutic properties of spa and sauna can help in treating arthritis, allergies, skin ailments and chemical sensitivity. Although, prolonged sessions in a sauna increase the risks of dehydration which can lead to low blood pressure and loss of consciousness.
Spa and sauna component market can be segmented on the basis of products, equipment and application. On he basis of equipment spa and sauna can be further segmented into installation, maintenance and repair services, sauna components and heaters and sauna and spa room structures, control units and accessories
The global spa and sauna component market has increased at a significant CAGR during the years 2013-2017 and projections are made that the market would rise in the next four years i.e. 2018-2022 tremendously.
The spa and sauna component market is expected to increase due to growing wellness tourism, increase in employment, rising consumer expenditure, rising urban population, etc. Yet the market faces some challenges due to high cost involved with spa and sauna components.
2. Introduction
2.1 Spa and Sauna: An Overview
2.1.1 Sauna and Spa Culture Around the World
2.1.2 Evolution of Sauna
2.2 Spa and Sauna Component Segmentation: An Overview
2.2.1 Spa and Sauna Component Segmentation on the Basis of Products
2.2.2 Spa and Sauna Component Segmentation on the Basis of Equipment
2.2.3 Spa and Sauna Component Segmentation on the Basis of Application
2.3 Advantages and Disadvantages of Spa and Sauna
3. Global Market Analysis
3.1 Global Spa and Sauna Component Market: An Analysis
3.1.1 Global Spa and Sauna Component Market by Value
3.1.2 Global Spa and Sauna Component Market by Equipment (Installation, Maintenance and Repair Services; Sauna and Spa Room Structures, Control Units and Accessories and Sauna Heaters and Components)
3.1.3 Global Spa and Sauna Component Market Volume by Sauna Type (Traditional Saunas, Steam saunas and Infrared Saunas)
3.1.4 Global Spa and Sauna Component Market Volume by End Use (Household and Commercial)
3.1.5 Global Spa and Sauna Component Market by Region (Europe, APAC, North America, Middle East and Rest of the World)
3.1.6 Global Spa and Sauna Component Market by Demand (Replacement Market, New Market)
3.2 Global Spa and Sauna Component Market: Demand Analysis
3.2.1 Replacement Spa and Sauna Component Market by Value
3.2.2 New Spa and Sauna Component Market by Value
4. Regional Market Analysis
4.1 Europe Spa and Sauna Component Market: An Analysis
4.1.1 Europe Spa and Sauna Component Market by Value
4.1.2 Europe Spa and Sauna Component Market by Region (Finland, Sweden, Russia and Germany and Other Europe)
4.2 Europe Spa and Sauna Component Market: Regional Analysis
4.2.1 Finland, Sweden, Russia and Germany Spa and Sauna Component Market by Value
4.2.2 Other Europe Spa and Sauna Component Market by Value
4.3 APAC Spa and Sauna Component Market: An Analysis
4.3.1 APAC Spa and Sauna Component Market by Value
4.4 North America Spa and Sauna Component Market: An Analysis
4.4.1 North America Spa and Sauna Component Market by Value
4.5 Middle East Spa and Sauna Component Market: An Analysis
4.5.1 Middle East Spa and Sauna Component Market by Value
4.6 ROW Spa and Sauna Component Market: An Analysis
4.6.1 ROW Spa and Sauna Component Market by Value
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Wellness Tourism
5.1.2 Increase in Employment
5.1.3 Rising Consumer Expenditure and Disposable Income
5.1.4 Rising Urban Population
5.1.5 Rising Population
5.2 Challenges
5.2.1 High Cost Involved
5.3 Market Trends
5.3.1 Growth in Retail E-commerce Sales
5.3.2 Increasing Millennial Spending
5.3.3 Infrared Sauna Heaters
6. Competitive Landscape
6.1 Global Spa and Sauna Component Market Players by Share
6.2 Global Sauna Heater and Component Market Players by Share
6.3 Global Sauna Heaters and Sauna Component Players by Product
7. Company Profile
7.1 Klafs
7.1.1 Business Overview
7.1.2 Business Strategy
7.2 CapMan (Harvia)
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 TyloHelo
7.3.1 Business Overview
7.3.2 Business Strategy
7.4 Anhui SaunaKing Co., Ltd
7.4.1 Business Overview
7.5 Narvi
7.6 SAWO, Inc.
7.7 EOS Saunatechnik GmbH
List of Figures
Figure 1: Evolution of Sauna
Figure 2: Spa and Sauna Component Segmentation
Figure 3: Global Spa and Sauna Component Market by Value; 2013-2017 (US$ Billion)
Figure 4: Global Spa and Sauna Component Market by Value; 2018-2022 (US$ Billion)
Figure 5: Global Spa and Sauna Component Market by Equipment; 2016 (Percentage, %)
Figure 6: Global Spa and Sauna Component Market Volume by Sauna Type; 2016 (Percentage, %)
Figure 7: Global Spa and Sauna Component Market Volume by End Use; 2016 (Percentage, %)
Figure 8: Global Spa and Sauna Component Market by Region; 2017 (Percentage, %)
Figure 9: Global Spa and Sauna Component Market by Demand; 2017 (Percentage, %)
Figure 10: Replacement Spa and Sauna Component Market by Value; 2013-2017 (US$ Billion)
Figure 11: Replacement Spa and Sauna Component Market by Value; 2018-2022 (US$ Billion)
Figure 12: New Spa and Sauna Component Market by Value; 2013-2017 (US$ Billion)
Figure 13: New Spa and Sauna Component Market by Value; 2018-2022 (US$ Billion)
Figure 14: Europe Spa and Sauna Component Market by Value; 2013-2017 (US$ Billion)
Figure 15: Europe Spa and Sauna Component Market by Value; 2018-2022 (US$ Billion)
Figure 16: Europe Spa and Sauna Component Market by Region; 2017 (Percentage, %) Figure 17: Finland, Sweden, Russia and Germany Spa and Sauna Component Market by Value; 2013-2017 (US$ Billion)
Figure 18: Finland, Sweden, Russia and Germany Spa and Sauna Component Market by Value; 2018-2022 (US$ Billion)
Figure 19: Other Europe Spa and Sauna Component Market by Value; 2013-2017 (US$ Billion)
Figure 20: Other Europe Spa and Sauna Component Market by Value; 2018-2022 (US$ Billion)
Figure 21: APAC Spa and Sauna Component Market by Value; 2013-2017 (US$ Million)
Figure 22: APAC Spa and Sauna Component Market by Value; 2018-2022 (US$ Million)
Figure 23: North America Spa and Sauna Component Market by Value; 2013-2017 (US$ Million)
Figure 24: North America Spa and Sauna Component Market by Value; 2018-2022 (US$ Million)
Figure 25: Middle East Spa and Sauna Component Market by Value; 2013-2017 (US$ Million)
Figure 26: Middle East Spa and Sauna Component Market by Value; 2018-2022 (US$ Million)
Figure 27: ROW Spa and Sauna Component Market by Value; 2013-2017 (US$ Million)
Figure 28: ROW Spa and Sauna Component Market by Value; 2018-2022 (US$ Million)
Figure 29: Global Wellness Tourism Industry by Value; 2013-2017 (US$ Billion)
Figure 30: Global Employment and Population; 2012-2017 (Billion)
Figure 31: Global Consumer Expenditure and Disposable Income Growth Rate; 2012-2016 (Percentage, %)
Figure 32: Global Urban Population; 2015-2025 (Billion)
Figure 33: Global Population by Age group; 2012-2017 (Billion)
Figure 34: Global Retail E-commerce Sales; 2014-2021 (US$ Trillion)
Figure 35: Global Millennial Spending; 2020-2035 (US$ Trillion)
Figure 36: Global Spa and Sauna Component Market Players by Share; 2016 (Percentage,%)
Figure 37: Global Sauna Heater and Component Market Players by Share; 2016 (Percentage, %)
Figure 38: CapMan Turnover; 2013-2017 (US$ Million)
Figure 39: Harvia Revenue; 2015-2017 (US$ Million)
Figure 40: Harvia Revenue by Products; 2017 (Percentage, %)
Figure 41: Harvia Revenue by Region; 2017 (Percentage, %)
Table 1: Global Sauna Heaters and Sauna Component Players by Product
Research Methodology
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analysing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.