US - Sauna Market forecasted to witness USD 126.49 Mn revenue growth through 2023-2027
US - Sauna Market is estimated to grow at a CAGR of 4.02% between 2022 and 2027. Followed by a revenue growth of USD 12.19 Mn. An increasing focus on wellness and self-care, the growing aging population in the US, and the growing tourism and hospitality industry in the US are some of the major determinants of the market advancement in the region. US - Sauna Market can be segmented by end-user (hotel, gym, household, and others) and product type (traditional, steam, and infrared).
Senior Analyst at Technavio quotes ~ "The major element of market growth in the region is due to an increasing focus on wellness and self-care "
Snapshot of US - Sauna Market
Navigating through the growth drivers of the US - Sauna Market it has been observed Consumers are becoming more conscious of their physical and mental health, they are seeking activities and products that promote relaxation, stress reduction, or overall well-being. Moreover, saunas are believed to offer several health benefits; therefore increasing focus on wellness and self-care is expected to drive the market growth during the forecast period.
When it comes to market trends, there has been a rising adoption of home saunas, owing to the convenience of accessing these services from the comfort of home. Leading brands that come with a wide range of offerings are Cedarbrook Sauna and Steam, Divine Environments Inc., Golden Design Inc., Great Bay Spa and Sauna, Health Mate Sauna, Heavenly Heat Saunas, KLAFS GmbH, Nootka Collective Inc., QCA Spas Inc., Rocky Mountain Saunas, etc as wellness centers, spas, and fitness facilities have recognized the demand for sauna experiences and have incorporated saunas into their offerings to cater to this growing interest in self-care. Download our sample report to discover more aspects of the market growth with data-backed analysis.
Technavio has been monitoring the growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking along with qualitative and quantitative analyses of core companies with a wider understanding of the business ecosystem.
Browse through our related report for more insights: Sauna and Spa Market - North America, Europe, EMEA, APAC: US, Canada, China, Germany, UK - Forecast 2023-2027
