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The India Spa Market: Flourishing in the East

By: Kristen Wegrzyn
Posted: October 31, 2013, from the November 2013 issue of Skin Inc. magazine.

page 6 of 6

National government authorities have been working on accreditation standards to improve the quality and professional aspects of the industry for wellness centers, which include ayurveda centers; spas and centers for skin care; cosmetic care; fitness; preventive health; and yoga.2

The wellness industry is expected to continue to grow at a compound annual growth rate of 19–20%, reaching approximately $15.2 billion by 2014. Specifically, the rejuvenation category, which was at $800 million in 2011, is expected to touch an astounding $1.8 billion by 2014.1

Only time will tell where the spa and skin care industry will land in India’s rapidly growing wellness industry, but as long as it continues to evolve and innovate, tailoring services, treatments and products to the needs of their clients, it is likely to continue to blossom.

REFERENCES

  1. www.pwc.in/en_IN/in/assets/pdfs/industries/retail-and-consumer/rc-wellness-report-20120829.pdf
  2. www.globalspaandwellnesssummit.org/images/stories/pdf/spas_wellness_medical_tourism_report_final.pdf
  3. www.globalspaandwellnesssummit.org/images/stories/pdf/gss_spasandwellnessreport_final.pdf
  4. www.bbc.co.uk/news/magazine-18268914
  5. www.indiahospitalityreview.com/interviews/big-challenge-indian-spa-industry-skilled-workers

(All accessed Sept. 24, 2013)

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