£7.9bn
£X.Xbn
44,670
3,651
£X.Xbn
There continues to be a growing trend of people caring more about their health and well-being, benefitting the Health and Wellness Spas industry. Wellness tourism has provided the industry with an expansive market of inbound clients attracted by spa towns and cities that have invested in contemporary and luxury spa businesses. However, over the five years through 2024-25, industry revenue is anticipated to decline at a compound annual rate of 1.6% to £7.9 billion. Spas suffered a sharp downturn in revenue in 2020-21 following the COVID-19 outbreak, which led to temporary closures of spas and social distancing restrictions. Following a strong resurgence in spa attendance in the two years through 2022-23 owing to the easing of lockdown restrictions and pent-up demand, revenue has continued to grow and is expected to climb by 4% in 2024-25, supported by an almost complete recovery in international tourist numbers.
Industry revenue has declined at a CAGR of 1.6 % over the past five years, to reach an estimated £7.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
The Bannatyne Group Ltd | 146.5 | |
Champneys Henlow Ltd | 38.7 | |
Nirvana Spa & Leisure Ltd | 27.7 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Health and Wellness Spas in the UK
Industry revenue is measured across several distinct product and services lines, including Destination spa services, Medical spa services and Day spa services. Destination spa services is the largest segment of the Health and Wellness Spas in the UK.
Day spas are a popular choice for a relaxing escape
Industry firms offer spa services such as massages, facials and body treatments. The industry includes day spas, spas located at resorts, hotel spas and medical spas.
Purchase this report to view all 4 major companies in this industry.
SIC 96.04 - Health and Wellness Spas in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Luxury services are unlocking profitability amid economic constraints. High-profile clientele undeterred by inflation amid an economic squeeze have become the lifeline for sp...
Learn about an industry's products and services, markets and trends in international trade.
Day spas are a sought-after relaxation retreat. Offering services like massages, facials and manicures, these spas are ideally located in urban areas and are seeing a surge i...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
London dominates the health and wellness spa scene. As the city housing the most wellness spas, it offers diverse options for relaxation and revitalisation.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
High capital intensity pressure spa sector growth. Start-ups contend with significant initial investment costs for setup and buying equipment, while also dealing with competi...
Learn about the performance of the top companies in the industry.
Spas are localised, serving one region. The majority of operators in the Health and Wellness Spas industry are single-location businesses, with no industry players having a l...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Spas must comply with licensing and consumer rights law. They must acquire a local council license, adhere to the Consumer Rights Act 2015, and ensure the delivery of safe an...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit recovery has been hit by cost-of-living crisis. Although spas have seen a profit resurgence after COVID-19, the ongoing cost-of-living crisis is suppressing demand fro...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Health and Wellness Spas in the UK industry in United Kingdom is £7.9bn in 2024.
There are 3,651 businesses in the Health and Wellness Spas in the UK industry in United Kingdom, which has grown at a CAGR of 9.2 % between 2019 and 2024.
The market size of the Health and Wellness Spas in the UK industry in United Kingdom has been declining at a CAGR of 1.6 % between 2019 and 2024.
Over the next five years, the Health and Wellness Spas in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Health and Wellness Spas market in United Kingdom are The Bannatyne Group Ltd, Champneys Henlow Ltd and Nirvana Spa & Leisure Ltd
Day spas and Destination spas are part of the Health and Wellness Spas in the UK industry.
The company holding the most market share in United Kingdom is The Bannatyne Group Ltd.
The level of competition is high and steady in the Health and Wellness Spas in the UK industry in United Kingdom.