NEW YORK, Aug. 31, 2023 /PRNewswire/ -- The sauna market in US is estimated to increase by USD 12.19 million from 2022 to 2027, with a CAGR of 4.02%, according to the recent market study by Technavio. The increasing focus on wellness and self-care is a key factor driving market growth. There is a significant shift in people's priorities, with an increasing emphasis on health and well-being. As individuals become more concerned with their physical and mental health, they actively seek out experiences and products that promote relaxation, stress reduction, and overall well-being. Saunas, recognized for their potential health benefits, have become popular as an important part of a holistic wellness routine, complementing practices such as yoga, meditation, and yoga. massage therapy. Hence, these factors are expected to drive market growth during the forecast period. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report - Request a sample report
Sauna Market in US - Company Scope
The sauna market in US report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 companies listed Below -
Almost Heaven Group LLC, Bsaunas Inc., Cedarbrook Sauna and Steam, Divine Environments Inc., Golden Design Inc., Great Bay Spa and Sauna, Harvia Plc, Health Mate Sauna, Heavenly Heat Saunas, KLAFS GmbH, Nootka Collective Inc., QCA Spas Inc., Rocky Mountain Saunas, Salus Saunas, Sauna Works Inc., Sauna360 Group Oy, Sunlighten Inc., Superior Sauna, ThermaSol Steam Bath LLC, and TyloHelo Group Download a Sample
Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparative Analysis of Segments, and Y-O-Y Growth of Sauna Market in US
Sauna Market in US - Segmentation
The market is segmented by end-user (hotel, gym, household, and others), and product type (traditional, steam, and infrared)
- The hotel segment is estimated to witness significant growth during the forecast period. This segment includes a wide variety of accommodation types including luxury hotels, boutique hotels, budget hotels, and resorts, among others. These facilities offer a variety of sauna services, including steam rooms, as part of their service. Furthermore, this growth is driven by a growing demand for healthcare tourism. Many travelers seek out hotels with saunas and spas to enhance their travel experience and provide a sense of relaxation. Therefore, hotels increasingly invest in sauna facilities to attract and retain customers. Thus, such factors are expected to drive segment growth during the forecast period.
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Sauna Market In US - Market Dynamics
- Major Trend - The growing adoption of home saunas is a major trend in the market.
- Significant Challenge - The availability of several alternatives to saunas is a significant challenge restricting market growth.
For Insights on the market dynamics & segmentations VIEW PDF SAMPLE!
What are the key data covered in this Sauna Market In US report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the sauna market in US between 2023 and 2027
- Precise estimation of the size of the sauna market in US and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the Sauna Market In US
- A thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of the sauna market in US companies
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Sauna Market Scope in US |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.02 |
Market growth 2023-2027 |
USD 12.19 |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.91 |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Almost Heaven Group LLC, Bsaunas Inc., Cedarbrook Sauna and Steam, Divine Environments Inc., Golden Design Inc., Great Bay Spa and Sauna, Harvia Plc, Health Mate Sauna, Heavenly Heat Saunas, KLAFS GmbH, Nootka Collective Inc., QCA Spas Inc., Rocky Mountain Saunas, Salus Saunas, Sauna Works Inc., Sauna360 Group Oy, Sunlighten Inc., Superior Sauna, ThermaSol Steam Bath LLC, and TyloHelo Group |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End User
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
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