Friday, July 19, 2013

Spas and Salons Set to Flourish Strongly across Qatar Until 2017: Ken Research

The health and wellness market in Qatar has grown consistently during 2006-2012 due to a combination of various factors such high disposable income, growing awareness among the population of the country and others. Spa and salon market is all set to drive the health and wellness market of Qatar with an expected CAGR of 29.2% during 2013-2017. The spa market would majorly be driven by the hotel spas. The tourism industry in Qatar has grown significantly with the tourism authority expecting this inflow to rise by 20% in the coming years. Willingness of the local population to spend on luxuries and their increased association of spa therapies with therapeutic advantages has resulted in bigger independent spas to establish in the country. Salons are present all over Doha providing a vast variety of services apart from doing ‘Just Hair’. Moreover specialty salons such as those designed especially for kids for fuel the further growth in this market. Cosmetics and fragrance market would continue to maintain its share in the overall health and wellness market of Qatar.
The health and fitness clubs market is highly unorganized with differentiated fee structure of personal trainer but it is expected that with more number of clubs opening in the cities, the rising market competition will bridge the gap between the membership fees and personal trainer fee in the country. The health and wellness market will continue to witness global brands entering these three segments during 2013-2017.
“With world soccer 2022 going to be held in the country, the Qatar hotel spa market is all set to surge in terms of high footfalls expected in the hotels. Market for the health and wellness in Qatar would be majorly driven by the high demand for the spas and salon services in the country. The contribution of hotel spas to the spa and salon market is expected to be around 84.5% in 2017" - According to the research report ‘Qatar Health and Wellness Industry Outlook to 2017 – Spa and Salon Market to Fuel the Industry Growth’ from Ken Research.

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  1. http://www.kenresearch.com/press/spas-and-salons-set-to-flourish-strongly-across-qatar-until-2017-ken-research/168.html

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