India Steam Rooms Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
India Steam Rooms Market Analysis
The India steam room market is expected to register a CAGR of 3.5% during the forecast period.
Millennials' disposable income, purchasing power, and spending patterns have altered drastically in the last few years. Purchasing behavior and patterns evolved as a result of urbanization and lifestyle changes. Their way of life is oriented toward social wellness, supported by increased spending due to higher incomes. This generation considers steam bathing to be a necessity. As a result, millennials are more eager to spend money on it, fueling the expansion of this industry.
COVID-19 hurt the Indian steam room market due to the rapid shutdown and spread of the illness. Because of several health issues with steam rooms, the industry witnessed a declining trend. Other industries linked to these markets were also impacted indirectly. Since individuals began to focus on their health, market growth in the post-COVID-19 period has expanded.
Rapid urbanization, sedentary lifestyles, and stressful schedules of working people are causing severe health issues. To maintain and boost productivity, working professionals must be physically and psychologically fit. Furthermore, increased acceptance of steam room services, particularly among the elderly, is one of the reasons driving demand for spa services and, therefore, considerably contributing to market development.
India Steam Rooms Market Trends
This section covers the major market trends shaping the India Steam Rooms Market according to our research experts:
Growth in Tourism is Driving the Indian Steam Room Market
Travel and tourism are the largest industries in India, with a total contribution of about USD 122 billion to the country's GDP. Pre-COVID-19 tourism recorded 11 million foreign arrivals and over two billion domestic visitors. The Indian travel market is primarily made up of hotels and airlines. Over 40% of travel in the country came from the hotel market.
Leisure tourism is the primary sector of the tourist business. Domestic and foreign travelers are enticed by places to spend official or vacation time by the leisure tourism and hospitality industries. These guests use services provided by hotels, luxury hotels, and resorts. In the leisure tourist and hospitality industries, steam room services are supplied as part of a package or as an amenity. As a result, the steam room market is now considered a significant section of the hospitality and tourist markets. The rise of the leisure tourism and hospitality industries is driving the market.
Growing Interest in Health Benefits of Steam Room Fueling the Sales
Steam bathing is an ancient technique used in many civilizations around the world. Steam baths and hot springs were famous among the ancient Greeks and Romans. Steam and sweat were also employed as health techniques by indigenous peoples. Steam rooms provide unique health advantages such as clearing congestion, improving skin health, lowering blood pressure, improving circulation, alleviating bronchitis symptoms, workout recovery, relaxation, and reducing joint stiffness.
India Steam Rooms Industry Overview
The report covers prominent players operating in the Indian steam room market. In terms of market share, few significant players currently dominate the market. However, with technological advancement and service innovation, domestic to international companies are increasing their market presence by securing new contracts and tapping new markets. A few major players include Kohler, Woven Gold India, Orion Bathing Concepts, and Steam Smith Systems.
India Steam Rooms Market Leaders
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Steam smith systems
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Kohler
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Woven Gold India
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Orion bathing concepts
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Omega Bath solutions
*Disclaimer: Major Players sorted in no particular order
India Steam Rooms Market News
- In 2021, Hitech bath solutions launched a new steam room. It is an indoor model that seats up to five individuals. The entire sauna showcases a beautiful blending of vertical and horizontal lines and is designed for corner placement. The panels, backrests, and benches come pre-assembled for an easy, seamless in-home assembly by two individuals.
India Steam Rooms Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porters' Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitutes
4.4.5 Intensity of Competitive Rivalry
4.5 Insights on Impact of Technology and Innovation in the Market
4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Conventional
5.1.2 Infrared
5.2 By End-user
5.2.1 Residential
5.2.2 Commercial
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Steam Smith Systems
6.2.2 Kohler
6.2.3 Woven Gold India
6.2.4 Quantum Solutions India
6.2.5 Orion Bathing Concepts
6.2.6 Omega Bath Solutions
6.2.7 Hi tech Bath Solutions
6.2.8 Bath Systems India
6.2.9 Steamers India
6.2.10 Potent Water Care*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
India Steam Rooms Industry Segmentation
A steam room is a heated room that people use for relaxation and to relieve some medical conditions. They are often found in gyms or spas. A steam room operates at high humidity of around 90 to 100% and temperatures typically up to around 45掳C. Steam is often blown into the room. The finished surfaces are usually tiled. India Steam Room Market is Segmented by Type (Conventional and Infrared) and by End-user (Residential and Commercial). The report offers market size and forecast for the India steam rooms market in value (USD billion) for all the above segments.
| By Type | |
| Conventional | |
| Infrared |
| By End-user | |
| Residential | |
| Commercial |
India Steam Rooms Market Research FAQs
What is the current India Steam Rooms Market size?
The India Steam Rooms Market is projected to register a CAGR of greater than 3.5% during the forecast period (2024-2029)
Who are the key players in India Steam Rooms Market?
Steam smith systems, Kohler , Woven Gold India, Orion bathing concepts and Omega Bath solutions are the major companies operating in the India Steam Rooms Market.
What years does this India Steam Rooms Market cover?
The report covers the India Steam Rooms Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the India Steam Rooms Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
India Steam Rooms Industry Report
Statistics for the 2024 India Steam Rooms market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. India Steam Rooms analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
