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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Spa facilities are incorporating locally sourced ingredients to develop specialised treatments that target specific health, beauty, and anti-ageing concerns
| Company | Founded | Headquarters | Services |
| Velas Resorts | 1990 | Nayarit, Mexico | Velas Resorts provides exquisite luxury spa and wellness retreats featuring rejuvenating treatments like massages, body rituals, and hydrotherapy. |
| Marriott International, Inc. | 1927 | Maryland, United States | The extensive spa portfolio of the company encompasses a diverse array of treatments including mud wraps and hot stone therapies. |
| Hyatt Hotels Corporation | 1957 | Illinois, United States | The company's brand-inclusive collection includes Secrets® Resorts and Spas, Breathless Resorts & Spas®, Dreams® Resorts & Spas, and Hyatt Vivid Hotels and Resorts. |
| Four Seasons Hotels Limited | 1961 | Ontario, Canada | The company provides an extensive array of spa and wellness services, encompassing signature body treatments, massages, nail services, facial treatments, express services, and enhancements like foot and hand exfoliation, hydration, and hot candle massages. |
Other notable players operating in the Latin America spa market include Mira Serra Parque Hotel, Hilton Worldwide Holdings Inc., Kurotel, Llao Llao Resort, Golf & Spa, Lapinha Spa, and Lake Vilas Charm Hotel, among others.
Latin America Spa Market Report Snapshots
Latin America Spa Market Trends
Latin America Spa Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of USD 8.33 billion in 2023.
The market is estimated to grow at a CAGR of 6.4% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 14.32 billion by 2032.
The key drivers of the market are rising tourism activities, increasing importance of health and wellness, and expansion of hotels and spa centres.
The key trends fuelling the growth of the market include the increased demand for organic and natural therapies and the increasing popularity of therapeutic and relaxing spa treatments.
The major regional markets are Mexico, Brazil, Argentina, Chila, and others.
The various types include hotel and resort spa, salon spa, medical spa, thermal spring spa, destination spa, and others.
The key players in the market include Velas Resorts, Marriott International, Inc., Hyatt Hotels Corporation, Four Seasons Hotels Limited, Mira Serra Parque Hotel, Hilton Worldwide Holdings Inc., Kurotel, Llao Llao Resort, Golf & Spa, Lapinha Spa, and Lake Vilas Charm Hotel, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124