Health and Beauty Spa Industry 2017
Price
R 1 900.00(ZAR) estimated $ 119.89 (USD)*
Report Coverage
The Health and Beauty Spa Industry report describes current conditions, challenges faced by role players as well as factors that influence the success of the sector. The report profiles 26 companies, including franchise operations, Camelot Spa and Sorbet Beauty Salons, as well as national chains such as the Mangwanani group, Amani Spas, Africology and Spas of Distinction. Also profiled is the spa at The One and Only Cape Town, which was voted Best Resort Spa in 2016.
Health and Beauty Spa Industry
Total revenue in the South African health and beauty spa industry is estimated to have reached R1.54bn in 2016. The industry employed approximately 5,500 people and there are more than 700 spa facilities in the country. South African Spa Association (SASA) statistics reveal that many spas are linked to hotels and resorts and that more than 80% of spas are locally-owned.
Lower than Expected Growth
Industry growth rates for 2015 and 2016 were lower than predicted by the South African Spa Benchmark Report undertaken in 2014. This was in part due to general adverse economic conditions as well as a drop in government spending on conferences and fewer foreign tourists following government’s introduction of stricter visa requirements. Fitch Ratings and Standard & Poor’s (S&P) both downgraded South Africa’s foreign currency debt to non-investment grade (BB+), also termed junk status, which could hamper the industry in 2017.
Niche Markets and Opportunities
The use of technology is on the rise with laser treatments, intense pulsed light (IPL) therapy and face-mapping machines that analyse skin becoming more commonplace. The sector is increasingly targeting the ageing population as well as men, children and teenagers. African safari spas have become popular as have mobile spas that bring a spa experience to corporate events or to bedridden clients in the home.
Table of Contents
| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Value Chain | 2 |
| 2.2. | Geographic Position | 3 |
| 3. | SIZE OF THE INDUSTRY | 4 |
| 4. | STATE OF THE INDUSTRY | 8 |
| 4.1. | Local | 8 |
| 4.1.1. | Corporate Actions | 10 |
| 4.1.2. | Regulations | 10 |
| 4.1.3. | Enterprise Development and Social Economic Development | 11 |
| 4.2. | Continental | 13 |
| 4.3. | International | 15 |
| 5. | INFLUENCING FACTORS | 16 |
| 5.1. | Tourism | 16 |
| 5.2. | Economic Environment | 16 |
| 5.3. | Rising Operating Costs | 17 |
| 5.4. | Technology, Research and Development (R&D) and Innovation | 17 |
| 5.5. | Labour | 18 |
| 5.6. | Cyclicality | 20 |
| 5.7. | Environmental Concerns | 20 |
| 6. | COMPETITION | 21 |
| 6.1. | Barriers to Entry | 22 |
| 7. | SWOT ANALYSIS | 22 |
| 8. | OUTLOOK | 23 |
| 9. | INDUSTRY ASSOCIATIONS | 23 |
| 10. | REFERENCES | 24 |
| 10.1. | Publications | 24 |
| 10.2. | Websites | 24 |
| COMPANY PROFILES | 26 | |
| AFRICOLOGY (PTY) LTD | 26 | |
| AMANI AFRICAN SPAS (PTY) LTD | 28 | |
| AP ARABELLA (PTY) LTD | 30 | |
| BUSHMANS KLOOF WILDERNESS RESERVE AND WELLNESS RETREAT (PTY) LTD | 32 | |
| CAPE GRACE HOTEL (PTY) LTD | 34 | |
| DELAIRE (PTY) LTD | 36 | |
| FAIRLAWNS BOUTIQUE HOTEL AND SPA (PTY) LTD | 38 | |
| FORDOUN LEISURE (PTY) LTD | 40 | |
| FOREVER RESORTS (PTY) LTD | 42 | |
| FRESH WELLNESS (PTY) LTD | 45 | |
| GATSBY (PTY) LTD | 46 | |
| IMBALIE BEAUTY LTD | 48 | |
| INERCORE PROPERTIES (PTY) LTD | 51 | |
| KAT LEISURE (PTY) LTD | 53 | |
| LE LUDE MCC CC | 55 | |
| MANGWANANI GROUP (PTY) LTD | 57 | |
| MERDJAN HEALTH SPAS SA CC | 59 | |
| MOUNT NELSON HOTEL LTD | 62 | |
| ONE AND ONLY CAPE TOWN (RF) (PTY) LTD | 64 | |
| PEZULA RESORT HOTEL AND SPA (PTY) LTD | 66 | |
| PLATINUM VALLEY HOLDINGS (PTY) LTD | 68 | |
| SAXON HOTEL (PTY) LTD | 70 | |
| SORBET EXPERIENCE (PTY) LTD (THE) | 72 | |
| TINTSWALO AT WATERFALL (PTY) LTD | 74 | |
| TWELVE APOSTLES HOTEL (PTY) LTD (THE) | 76 | |
| VEXICURE (PTY) LTD | 78 |
