The spa services industry in the US generated total revenues of US$13bn (£8.2bn, EUR9.9bn) during 2010, according to US-based business analyst First Research.
In its Spa Services report, the company ? a division of research giant Hoover?s ? states that there are currently around 18,000 spa facilities in the US. A large majority of these, 80 per cent, are day spas.
The report adds that the industry is highly fragmented with just a handful of large chains and most companies operating a single facility with less than $1m in annual revenue.