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marketresearchnewsworld-blog · 5 years ago

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Luxury Ayurveda Market Size, Share, Demand, Overview, Outlook Future and Forecast Till 2025

A fresh report titled “Luxury Ayurveda Market – By Product (Face Care Products, Hair Care Products, Bath & Body Products, Wellness Products, Others), By Demography (Men, Women, Unisex) By Distribution Channel (Offline Stores, Online Stores) & Global Region - Market Size, Trends, Opportunity, Forecast 2019-2025” has been presented Fast Market Research. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Luxury Ayurveda Market. The competition analysis is also a major part of the report.

Market Insights

Growth Drivers – Luxury Ayurveda Market

Growing Income Level

The income-earning capacity and the per capita income of a lot of people has increased. Millennials with enough affordability influenced by social median and standard lifestyle are routing towards luxury brands. The awareness among global population regarding luxury brands are also encouraging the demand for luxury products. Consumer’s in developing countries disposable personal income is rising at unprecedented rate, which in turn creating a significant demand for luxury products. As disposable incomes are increasing, people are splurging on small luxuries such as premium cosmetics. Thus, this growing income level of consumers is accepted to foster the growth of the global luxury Ayurveda market in upcoming years.

Access Sample of This Report - https://www.fastmr.com/request-s/119

Rising Demand for Ayurveda Products

Worldwide, Ayurvedic products are increasing in popularity. The rise of Ayurveda is being fueled by growing emphasis on the importance of healthy lifestyles, consumers are choosing ayurvedic products over non-herbal products to avoid any unfortunate health related circumstances. Global consumers are becoming selective when it comes to personal care, consumers are happily spending on personal care products that can offer a safe and effective result. Ayurvedic personal care products throughout the globe have received remarkable attention in recent years and is likely to positively influence the market of luxury ayurvedic products in the near future. Apart from this, the hospitality industry has also shown great interest in luxury ayurvedic products to offer high-quality customers experience. This factor is also bolstering the growth of the market for luxury products. For instance, Forest essential’s major clients are big hotel chains like Taj Hotels, The Oberoi Group, The Ritz Carlton, and The Four Seasons.

Wellness & Medical Tourism

India has always been a center of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homeopathy. and have attracted global population throughout the history. Increasing visiting of foreigners in India seeking the knowledge & benefit of Ayurveda, Yoga, Sidha and others have also inspired the expansion of luxury Ayurveda outside of India, in foreign markets. Rapid emergence of Luxury Ayurveda companies in western countries is also a key growth driver for the global luxury Ayurveda market.

Other Growth drivers in the Luxury Ayurveda Market

India has a rich heritage of medical wisdom derived from the Vedas that prevailed as Ayurveda. Government of India is actively supporting the growth of Ayurveda within India and promoting Ayurveda in foreign countries. Indian government is implementing various policies and initiatives to support the growth of Ayurveda, which in turn is poised to aid the growth of global luxury Ayurveda market in near future. Ayurveda has become a hot topic in recent years. There is strong rise in awareness among the global population, mainly influenced by social media, government initiatives and personal curiosity. Ongoing widespread digitization in Ayurveda sector is influencing a wider mass of population on helpful ayurvedic products. The manufactures of luxury ayurvedic products are implementing remarkable packaging, marketing and advertising strategies, which in return are increasing the demand for luxury ayurvedic products. Growing internet penetration in developing and underdeveloped countries, rise of e-commerce and expansion of luxury Ayurveda companies in major countries across the globe are together easing the accessibility of luxury Ayurveda products.

Segmentation

By Product

- Face Care Products

- Hair Care Products

- Bath & Body Products

- Wellness Products

- Others

By Demography

-Men

-Women

-Unisex

By Distribution Channel

- Offline Stores

- Online Stores

By Geography

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, New Zealand and Rest of Asia Pacific)

- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as:

- Kama Ayurveda

- FOrest Essentials

- Skinsense

- Biotique

- Just Herbs

- Kairali

- Khadi Natural

- Spa Ceylon

- Aloveda

- Vedic Vana

- Bio Ayurveda

- Mantra Herbal

- Shankara

- Ayurveda Inspired Naturals

- Ananda In The Himalayas

- Other Major & Niche Players

Browse Full Report With TOC - https://www.fastmr.com/report/119/luxury-ayurveda-market

About Us:

FAST.MR is a global market research and business-consulting organization that aims to provide a deep market insight to our clients, which helps them in better decision making in the dynamic environment. We have a team of highly qualified personnel that studies the market in depth to provide our clients with better strategies to stand out in the market.

Our report covers current market status, opportunities available in the market, growth plans, and emerging trends in order to cater to the evolving needs of the customers. We help businesses around the globe with operational improvements, technologies, emerging market trends which in-depth boost the company’s growth in the future. The reports prepared by us are customized according to the client’s needs. We inculcate high morale and ethics while preparing our report which helps in building long term relationships with our clients.

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#Luxury Ayurveda Market #Luxury Ayurveda Market size #Luxury Ayurveda Market share #Luxury Ayurveda Market news #Luxury Ayurveda Market forecast #Luxury Ayurveda Market future #Luxury Ayurveda Market growth

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dodoskinproducts · 4 years ago

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Korean Products Online: Explore the Enchanting World of K-Beauty!

Make-up and skincare trends come and go! They change like the seasons. However, some find more permanence, claiming a perpetual space in our vanity cases. The global triumph of K-beauty products is the latest example of trends becoming gospels. From international celebrities to the next-door neighbor, Korean face products and make-up have become the staples for enhancing one’s aesthetics.

Even from a business point of view, the K-beauty industry has been accelerating with an estimated market size of $13.9 billion at a CAGR of 9% by 2027. In 2021, the exports for Korean beauty products are expected to surpass $8 billion. In the past couple of years, multiple Korea skin care websites have popped up and gained exceptional traction among consumers.

(Source:https://www.alliedmarketresearch.com/k-beauty-products-market#:~:text=The%20K%2Dbeauty%20products%20market%20size%20was%20valued%20at%20%2410.2,9.0%25%20from%202021%20to%202027 https://www.koreancosmetic.club/k-beauty-statistics-facts-forecasts-2021/)

But what makes K-beauty so alluring to the consumer? What is its USP? We are going to explore all that and more in this blog.

What is K-Beauty?

K-beauty is a collective term used for Korean beauty products, including skincare, haircare, and make-up. These products are created, keeping traditional and indigenous Korean skincare and aesthetics regimen at the core. Even before people started buying Korean products online and offline (now that they are available at your nearest drugstore as well), the k-beauty concept had grabbed global attention owing to its unique, extensive, and highly effective skin rejuvenation regimen for beautiful and hydrated skin.

Did you know that the BB, CC, and DD creams originated in South Korea? It is fair to say that K-beauty had long invaded our make-up and skincare routines without us even realizing it.

What makes it different from other make-up and beauty products?

The unique formulation, indigenous elements, and pretty packaging are a few of the things you first notice in a Korean beauty product. However, there’s much more to it, specialties that make it different from any other beauty and make-up range:

Korean Step-Wise Skincare

What Ayurveda is for India, the step-by-step skincare routine is for South Korea. Beauty and aesthetics experts in the country promote an extensive routine for skincare, which has 7 to 10 steps. The steps aim at giving you the famous ‘Korean glass skin’ effect. The K-beauty products are designed and created to that effect, making them truly one-of-a-kind.

Innovative Beauty Concepts

The K-beauty industry is known for its innovative and unique approach towards product design and manufacturing. Some notable mentions of innovative Korean beauty creations include sheet masks, cushion compact, BB, and CC cream. From distinctive formulations to gorgeous packaging enables easy usage and fast results.

Natural and Organic Ingredients

Jeju aloe, bamboo gel, rice-water, seaweed, lily, and lotus extracts are just some of the organic elements in a wide-ranging list of ingredients used in formulating some of the best Korean face products that ensure high efficacy with the promise of natural goodness.

Pocket-Friendly

Considering its value as a skin-quality enhancer and innovation in make-up, along with high-end packaging, Korean skincare products are pocket-friendly. Some even refer to K-beauty as affordable luxury.

Final Word

On an ending note, if you are looking for a reliable Korea skin care website that offers all the leading brands, then Dodoskin is the one highly recommended. You will get some of the best Korean products for skin, hair, and make-up at special prices and discounts. Browse through their website and speak with the in-house consultants to get customized product recommendations. Beautiful and radiant skin is now just a click away!

Source: https://dodoskin.myshopify.com/blogs/articles/korean-products-online-explore-the-enchanting-world-of-k-beauty

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digitalconvo · 4 years ago

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Citronella Oil Market Promising Growth Opportunities and Forecast 2019-2029

Citronella oil market: Overview

Demand for essential oil types has experienced a stellar growth rate. One of them is the citronella oil market. Growing demand of the citronella oil is crystal clear. This may mean a rise in the graph regarding the growth of the citronella oil market. Citronella oil is a significant oil type that’s extracted from a selected plant species of the Cymbopogon family. This plant, commonly known as lemongrass is used for preparing the citronella oil extracts.

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The citronella oil is classified into 2 types namely Ceylon citronella and Java citronella. Perfume manufacturing increasingly demands citronella oil. In addition, citronella oil is also a significant component in products such as detergents, home cleaners as well as soaps. The reason for its use in these products is the antiseptic properties it possesses.

This report provides a thorough analysis of the citronella oil market. The report focuses on the upcoming trends and the competitive landscape of the citronella oil market. It also scrutinizes the regional scope of the market and the ideal growth dynamics. Clients and market stakeholders will be able to speed up the strategy creation process with the data covered in this report.

Citronella oil market: Competitive analysis

The citronella oil market is a highly competitive market consisting of numerous manufacturers. The importance of citronella oil in a plethora of industry sectors is expected to drive great growth for the citronella oil market. The availability of alternatives such as the peppermint, lavender, and Bog Myrtle oil may dampen the growth of the citronella oil market.

The key players in the citronella oil market are, Khadi Pure Gramodyog, Mesmara Botanics Private Limited, Artizen Oils, Organic Harvest, Aroma Treasures, Plant Therapy, Inatur Herbals, Kama Ayurveda, and Meena Perfumery.

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Citronella oil market: Key trends

A surge in the disposable income of the individuals and soaring demand for luxurious products is helping the citronella oil market to improve its growth scale. A considerable population frequently experiences anxiety and stress due to the growing pressure at work or in personal life. Citronella oil acts as a great stress buster. Therefore, this factor may propel the citronella oil market to a great extent. Thanks to its antibacterial properties, citronella oil serves as a good house cleaner.

In addition, increasing demand for biochemical pesticides in the agriculture sector is also expected to multiply the growth rate of the citronella oil market. This is because citronella oil is an inbuilt pest repellant. The growing use of citronella oil in aromatherapy may also turn out to be a soaring growth factor for the citronella oil market. Aromatherapy consists of perfumery chemicals. Citronella oil is the principal ingredient for such products. Therefore, this too can affect the growth of the citronella oil market in a positive manner.

The multifaceted benefits of citronella oil may prove to be an accelerator of increasing the growth of the citronella oil market. Citronella oil is also expected to gain considerably through e-commerce as well.

Citronella oil market: Regio nal assessment

The citronella oil market is geographically divided into the regions of North America, Asia Pacific, Europe and LAMEA (Latin America, Middle East, and Africa). Asia Pacific region is a leading production hub of the citronella air market. A number of countries in the Asia Pacific region also export citronella oil to other regions. The North American and the European Market may observe moderate growth during the forecast period.

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sophiajns · 5 years ago

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India Herbals Products Market Forecast & Opportunities 2024

Market Reports on India Provides the Trending Market Research Report on “India Herbals Products Market, By Category (Personal Care & Cosmetics and Healthcare), By Distribution Channel (Traditional & Departmental Stores, Supermarkets/Hypermarkets, Online, and Others), By Region, Competition, Forecast & Opportunities, 2024” under Retail category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

India Herbal Products Market is projected to grow at a CAGR of 18% during 2019 - 2024. The herbal products market in India is growing due to the rising awareness about the side effects of chemical formulations and health benefits of herbal supplements over artificial ones. Moreover, in India, the consumer preference is shifting towards safe, natural and luxurious products due to increasing disposable income and rising popularity of plant-based ingredients.

The herbal products market is categorized into Personal Care & Cosmetics products and Healthcare products, among which Personal Care & Cosmetics products segment is expected to grow at a higher pace than Healthcare products throughout the forecast period. The Personal Care & Cosmetics products category holds the majority share on account of their huge popularity. Additionally, due to the popularity of plant-based ingredients used in herbal Personal Care & Cosmetics products, like Patanjali’s and Himalaya’s soap-free face wash, rosewater toner by Dabur and Lotus, luxury personal care & cosmetic products by Forest Essentials, etc., this category has been witnessing significant growth throughout the historical period and is anticipated to maintain its dominance during the forecast period as well.

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http://www.marketreportsonindia.com/marketreports/sample/reports/873625 South India dominated the country’s herbal products market in 2018, and the region is expected to maintain its dominance during the forecast period. Some of the major players operating in India herbal products market are Patanjali Ayurveda Ltd, Dabur Limited, The Himalaya Drug Company, Amway, Lotus Herbals Private Limited, and others.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

• To analyze and forecast the market size of India herbal products market

• To classify and forecast India herbal products market based on category, by distribution channel, regional distribution, and company.

• To identify drivers and challenges for India herbal products market

• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India herbal products market

• To conduct pricing analysis for India herbal products market

• To identify and analyze the profile of leading players involved in India herbal products market

Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across the globe. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.

Our Research calculated the market size of India herbal products market using a bottom-up approach, wherein data for various applications across various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.

Key Target Audience:

• Herbal products manufacturers, suppliers, and distributors

• Organizations, forums and alliances related to herbal products market

• Government bodies such as regulating authorities and policy makers

• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India herbal products market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Category

Personal Care & Cosmetics

Healthcare

• Market, By Distribution Channel

Traditional & Departmental Stores

Supermarkets/Hypermarkets

Online

Others

Market, By Region:

North

West

East

South

Competitive Landscape Company Profiles: Detailed analysis of the major companies present in India herbal products market.

Available Customizations

With the given market data, Our Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

Browse our full report with Table of Contents :

http://www.marketreportsonindia.com/marketreports/india-herbals-products-market-by-category-personal-care-cosmetics-and-healthcare-by-distribution-channel-traditio/873625 About Market Reports on India:

Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs.

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#herbals products market #india herbals products market #india herbals products industry #indian herbals products sector

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sophiajhon-blog · 5 years ago

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Luxury Ayurveda Market Outlook and Growth Forecasted By 2024

A new market research report on the Luxury Ayurveda market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the Luxury Ayurveda market. The Luxury Ayurveda analysis is broken down on different segmentation. Luxury Ayurveda is one of the world’s most comprehensive approaches to healthy living. The Ayurveda products have been strongly recognized throughout Asia, Africa and among the Red Indians of North and South America as a very holy and effective approach to treating diseases. Although Ayurveda is not widely accepted as modern medical science, still the industry has gained recognition throughout the globe as an alternative system of modern medicine. Get Report Sample Copy @ https://www.kdmarketinsights.com/sample/5213 The luxurious Ayurveda industry India is emerging as a noteworthy pace. The luxury Ayurveda product segment has been flourishing in India for many decades. Face products, hair care products, bath & body products, and other wellness products are the major categories being retailed within the industry. Increasing the overall affordability and accessibility of Ayurveda products, attracting private investors, promoting Ayurveda hospitals and medical value travel, are the major growth drivers of India luxury Ayurveda market. The Indian Ayurveda industry can be broadly categorized into the organized and the unorganized sectors, out of which, organized sector is guiding the growth of luxury Ayurveda market with-in India. The organized players are taking Ayurvedic recipes into high-end personal care and are targeting Indian and international consumers with higher affordability power. Forest Essentials, SOVACARE and Kama Ayurveda are the manufacturer of luxury Ayurveda products in India and are witnessing continuous growth within the country. For instance, the Kama Ayurveda company posted revenues of Rs 72.9 crore in 2018 versus the Rs 41.00 crore the year before. It also reported a net profit of Rs 2.54 crore in 2018. There are several factors that have aided the luxury Ayurveda market in India, out of which, the rise of e-commerce is the strongest growth factor for India luxury Ayurveda market. E-Commerce has transformed the way business is done in India. The Indian e-commerce market is expected to grow to USD 200 billion by 2026 from US$ 38.5 billion as of 2017. The increasing internet and smartphone penetration in India have triggered the market growth of luxury Ayurveda in India. The manufacturers of luxury Ayurveda have already covered almost every tire 1 cities in India and are looking forward to expanding their businesses in tire 2 & 3 cities very soon. Furthermore, rising medical tourism in India is another key factor which has encouraged the growth of luxury Ayurveda in the country. Many parts of the country such as Kerala, Uttarakhand, and others are known for Ayurveda hub. There is a rise in the number of luxuries Ayurvedic resorts and retreats in the country and is strongly attracting Indian population and tourists. This rise in the number of Luxury Ayurvedic resorts and retreats is also escalating the demand for luxury Ayurveda products in the country. Market Summary: Based on the product type, the market has been classified into face care products, hair care products, bath & body products, wellness products and others. In product type segment, face care product contributed around xx% market share of the India luxury Ayurveda market in 2018. Based on demography, the market is categorized into men, women and unisex segments. At present, unisex represent xx% of the total luxury Ayurveda market. The India luxury Ayurveda market is segmented based on distribution channel as online stores & offline stores. The online stores segment accounted for about xx% of the total India luxury Ayurveda market value in 2018, with the former constituting around xx%. The competitive landscape of the market has been examined in the report. Some of the key players operating in the market include; - Forest Essentials - SOVACARE - Kama Ayurveda - Other prominent players Research Scope and Deliverables: Research Methodology & Executive Summary Market Drivers, Trends, Barriers and Opportunities Market Size and Forecast Projections Competitive Analysis Macroeconomic Indicators of Various Countries Impacting the Growth of the Market Extensive Coverage of Industry Players including Recent Product Launches and Market Activities Porter’s Five Force Analysis Market Segmentation Analysis: Industry report analyzes the India Luxury Ayurveda market by the following segments: - Product Type (Face Care Products, Hair Care Products, Bath & Body Products, Wellness Products & Others) - Demography (Men, Women & Unisex) - Distribution Channel (Online Stores & Offline Stores) Access Complete Research Report with TOC @ https://www.kdmarketinsights.com/product/india-luxury-ayurveda-market Table of Content 1. Preface 1.1. Research Methodology 1.2. Geographic Scope 1.3. Years Considered 2. Executive Summary 3. Market Overview 3.1. India Luxury Ayurveda Market Overview 3.2. Market Definition & Key Market Segments 3.3. Industry Development 3.4. Market Maturity 3.5. Porter’s Five Force Analysis 3.6. Industry Value Chain Analysis 3.7. Macro-Economic Trends 3.8. Industrial Supply Chain Analysis of India Luxury Ayurveda 4. Impact Analysis 4.1. Impact Analysis of Indian Ayurveda Industry 4.2. Impact Analysis of Global Luxury Ayurveda Market 4.3. PEST Analysis 5. Competitive Landscape 5.1. India Luxury Ayurveda Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024 5.2. India Luxury Ayurveda Market Share, By Company 2018 6. Growth Drivers & Barriers in India Luxury Ayurveda Market 7. India Luxury Ayurveda Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024 7.1. By Product Type 7.1.1. Introduction 7.1.2. Strategic Insights 7.1.2.1. Market Attractiveness, By Product Type 7.1.2.2. BPS Analysis, By Product Type 7.1.3. Face Care Products Market Value (USD Million) Forecast & Y-O-Y Growth Analysis, 2018-2024 7.1.4. Hair Care Products Market Value (USD Million) Forecast & Y-O-Y Growth Analysis, 2018-2024 7.1.5. Bath & Body Products Market Value (USD Million) Forecast & Y-O-Y Growth Analysis, 2018-2024 7.1.6. Wellness Products Market Value (USD Million) Forecast & Y-O-Y Growth Analysis, 2018-2024 7.1.7. Others Market Value (USD Million) Forecast & Y-O-Y Growth Analysis, 2018-2024 7.2. By Demography 7.2.1. Introduction 7.2.2. Strategic Insights 7.2.2.1. Market Attractiveness, By Demography 7.2.2.2. BPS Analysis, By Demography 7.2.3. Men Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024 7.2.4. Women Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024 7.2.5. Unisex Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024 7.3. By Distribution Channel 7.3.1. Introduction 7.3.2. Strategic Insights 7.3.2.1. Market Attractiveness, By Distribution Channel 7.3.2.2. BPS Analysis, By Distribution Channel 7.3.3. Online Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024 7.3.4. Offline Stores Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024 Continue @... Check for Discount @ https://www.kdmarketinsights.com/discount/5213 About Us: KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market. Contact Us: KD Market Insights 150 State Street, Albany, New York, USA 12207 +1 (518) 300-1215 Email: [email protected] Website: www.kdmarketinsights.com Read More News: https://marketnewsbizz.com https://marketresearchtab.com https://kdmarketinsightsblog.com

#Luxury Ayurveda Market #Luxury Ayurveda Market Size #Luxury Ayurveda Market Share #Luxury Ayurveda Market News

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chemicalresearch · 5 years ago

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Spa Resort Market Future Demand, Market Analysis and Outlook to 2026

Spa is a spring or bath rich in minerals, known for therapeutic properties essential for relaxing the body. Spa resorts are special places providing treatments and various facilities for enhanced health and wellness. Spas provide massages, salon services, skin treatments, Ayurveda medicines, and yoga therapy, among others. Spa is often used as a medium for managing stress, treating medical problems, reducing weight, boosting immune system, and detoxifying the body. Balneotherapy or spa therapy is widely used in alternative medicine for the treatment of diseases such as arthritis.

Increasing travel and tourism activities coupled with increasing global health awareness is majorly driving growth of the spa resort market. Growing urbanization coupled with hectic work culture, is increasing prevalence of stress and stress-related diseases among the populace. This in turn, is increasing the demand for spa therapies, thus boosting growth of the market for spa resorts. High costs associated with healthcare is further expected to increase consumer inclination towards spa therapeutics, in turn, propelling growth of the spa resort market.

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In the historic era, people travelled distant places to gain the benefits of mineral water. Over the recent years, spas have been able to offer an on-site source of natural mineral, thermal or seawater for hydrotherapy treatments. The enhanced convenience of spas is gaining traction, in turn driving growth of the spa resort market. Increasing globalization has increased the accessibility to spas to most people. This in turn, is boosting growth of the spa resort market.

Major consumers are females, however, growing health consciousness is increasing the consumer base of the spa resort market. Increasing number of people are increasingly being inclined towards maintaining physical and mental health, which is majorly tended to by spas. This in turn, is expected to drive growth of the spa resort market.

Europe is a dominant region in the spa resort market and is expected to retain its dominance throughout the forecast period. Growing focus and awareness on health and beauty, increasing expenditure on luxurious self-care services such as massages and facials, along with relatively high revenue generated in the region are major factors fueling growth of the spa resort market in the region. Moreover, customized and mini treatments are driving growth of the market in this region, owing to the busy and sedentary lifestyle. The region witnesses the presence of a large number of certified nutrients and cosmetic experts in spa resorts, in turn contributing to significant growth of the market in the region. According to the European Spa Association, Europe has over 1200 medical spa and health resorts in the region. European tourism statistics stated that over the period of 2006-2015, the average stay at tourist accommodation increased by 22%.

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Asia Pacific is the fastest-growing region in the spa resorts market. Emerging economies such as Malaysia, Singapore, Indonesia, and Thailand are lucrative tourist destinations for spas in the region. The presence of various regional practices such as Thai massage, Yoga, and Ayurvedic medicines in the region, are attracting several tourists, annually. In 2015, international tourist arrival in the region increased by 6%, recording 279 million from around 110 million in 2000. Number of spa resorts are expected to reach 535 million by 2030, as stated by United Nations World Tourism Organization (UNWTO).

Key players are adopting various inorganic growth strategies such as mergers and acquisitions to strengthen their foothold in the global market. For instance, Hyatt acquired New York-based Miraval group, a wellness resort and spa company in 2017. Major players operating in the spa resorts market include Emirates palace, Four Seasons Hotel limited, Massage Envy Franchising LLC, Jade Mountain Resort, Six Senses Hotels Resorts Spas, Lanserhof Tegernsee, and Gaia Retreat & Spa.

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newmarketresearch1 · 6 years ago

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Global Spa Market - Size, Share, Trends, Outlook, and Opportunity Analysis, 2018 - 2026

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digitalconvo · 4 years ago

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Citronella Oil Market Analysis of Top Manufacturers, End User, Demand

Citronella oil market: Overview

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Citronella oil market: Competitive analysis

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Citronella oil market: Key trends

Citronella oil market: Regio nal assessment

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digitalconvo · 4 years ago

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Citronella Oil Market to Surge at a Robust Pace in Terms of Revenue

Citronella oil market: Overview

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Citronella oil market: Competitive analysis

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chemicalresearch · 6 years ago

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Spa Resort Market Research Report Analysis and Forecasts to 2026

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Coherent Market Insights

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Seattle, WA 98154

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Email: [email protected]

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