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Intelligent Spas has released
its latest research findings relating to the Singapore spa industry, observing some
downturn during 2003 however renewed growth in the demand for spa treatments during 2004.
The Spa Industry Survey Singapore 2003 report estimated average employees per spa decreased by 17.2% in 2003
compared to 2002, however there was an overall increase of 6.3% in employee numbers between 2000 and 2003.
Other key results include:
· Approximately two thirds of the spas surveyed were operating as private companies.
· Day spas made up 27% of spa types.
· 68% of spa visitors were female and 32%
male.
· 21% of spa visitors were international tourists.
· The majority of Singapore spa owners and managers surveyed predicted sound performance during 2004.
Julie Garrow, Director of Intelligent Spas, stated "Singapore’s spa market is quite
saturated with an abundance of supply of spa services available ranging from luxury, full service spa experiences to
spa treatments offered at limited service beauty salons. Spa visits and employment were negatively affected last
year by the SARS outbreak, however there seems to be continued growth in the demand for spa services by both
females and males.”
Peter Sng, President of the Spa Association Singapore stated “the Singapore spa
industry is experiencing interesting change as it recovers from a general downturn in 2003 and adapts to an influx
of new supply, a positive sign for the industry. Both Singaporeans and international visitors are increasing enjoying
spa visits which is generating renewed confidence in this niche market.” |
