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Americas Spas and Beauty Salons Market is expected to reach USD 138.27 billion by 2020: Transparency Market Research

Albany, NY, May 4, 2015 (GLOBE NEWSWIRE) -- According to the report, Americas spas and beauty salons market was valued at USD 85.11 billion in 2013 and is expected to reach USD 138.27 billion by 2020, expanding at a CAGR of 7.2% from 2014 to 2020. North America dominated Americas spas and beauty salons market in 2013 and is expected to maintain its leading position during the forecast period. Increasing consumer consciousness for beauty and personal appearance is creating a positive impact on the spas and beauty salons market in North America.

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Changing consumer perception towards personal care and continuous strive for general well-being are generating positive impact on the spas and beauty salons market in Mexico, Argentina, Colombia, Panama and Nicaragua. Furthermore, rising consumer awareness towards the benefits associated with spa massage and beauty treatments are also fueling the demand of spas and beauty services. Moreover, growing consumer desire to maintain a healthy lifestyle is also stimulating the demand for spas and beauty salons in North America, South America and Central America.

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Consumer liking for relaxation and rejuvenation of body and mind is driving the market for the Americas spas and beauty salons market. Moreover, owners of spas and beauty salons are concentrating on implementing new massage techniques with properly trained beauticians to improve the service and satisfy consumer needs.

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Muse Salon & Spa LLC, Salon U, The Roose Parlour and Spa, Metropolis Salon & Dry Bar, Robert James Salon and Spa, Butterfly Studio Salon & Spa, Chris Chase Salon, John Barrett Salon, Metodo Rossano Ferretti Salon have strong presence with their wide range of services in Americas.

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The Americas spas and beauty salons market has been segmented as follows:

Americas Spas and Beauty Salons Market by Region and Country

South America

  • Argentina
  • Chile
  • Colombia
  • Peru
  • Ecuador
  • Paraguay
  • Rest of South America

Central America

  • Panama
  • El Salvador
  • Guatemala
  • Honduras
  • Nicaragua
  • Rest of Central America

North America

  • Mexico
  • Rest of North America

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Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Source:Transparency Market Research