U.S. Medical Spas Industry Boosted by Pandemic, with Strong Growth Outlook to 2027

The U.S. medical spas industry has more than tripled in size (in terms of revenue) since 2012, and was worth $17.5 billion in 2022. The COVID-19 pandemic actually boosted this business, as consumers in Zoom meetings viewed their facial faults and decided to correct them.

Topics: Travel & Leisure Pharmaceuticals Industry Insights

The Sports & Recreation Industry: The Business of Play

The sports business means many different things to different people. This is a truly global industry, and sports stir up deep passion within spectators and players alike in countries around the world.

Topics: Travel & Leisure Media Industry Insights

How the Travel Industry Has Adapted to Change

The global travel and tourism industry is comprised of a wide variety of businesses, including hotels and inns, casino resorts, trains, buses, airplanes, cruise ships, tour operators and travel bookers, both online and physical. The World Travel & Tourism Council (WTTC) found that the global travel and tourism industry supported 295 million jobs on a direct basis during 2022.

Topics: Travel & Leisure Industry Insights

$48 Billion U.S. Recreational Vehicles Industry Soars with Pandemic

The U.S. RVs industry posted record revenues and shipments in 2021 during the COVID-19 pandemic, as consumers sought ways to vacation safely. This was a major turning point and stimulus for the industry, as a new and younger demographic was introduced to the RV lifestyle.

Topics: Travel & Leisure Transportation & Shipping Industry Insights

7 Key Factors to Know About the U.S. Travel Industry

There's no doubt the COVID-19 pandemic took a heavy toll on the U.S. travel industry, but a recovery is currently underway.

Topics: Travel & Leisure Industry Insights The Freedonia Group

The Effect of Inflation on Consumers and What It Means for Brands

The COVID-19 pandemic greatly influenced consumer behavior for the last two years, but in 2022, the central concern will increasingly be the cost of living, according to research cited in a recent podcast by Mintel titled “The Impact of Inflation on the Cost of Living and Consumer Behavior.”

Topics: Cosmetics & Personal Care Travel & Leisure Food & Beverage Retail E-commerce & IT Outsourcing How To's Industry Insights

The Growth of the Global Spa Industry

You can find spas in strip malls, high-end resorts, and fitness centers.

Some spas are simple facilities with not much more than a massage table, while others are luxurious destinations that draw travelers from around the world.

Topics: Travel & Leisure Industry Insights

5 Hottest Strategies Online Gambling Industry Players Are Applying Today

The online gambling industry is seeing major technological advances among other trends that are shaping the market, particularly in reaction to the COVID-19 impact. A recent report by TBRC highlights some of the key strategies that can be adopted by companies to benefit from these trends.

Topics: Travel & Leisure Industry Insights

The Transformation of the Space Industry and the Recent Growth of Space Tourism

The space industry in the past was dominated by national space agencies across the globe. Currently, with the advent of new space players, the dynamics in the space industry have transformed. 

Topics: Travel & Leisure Transportation & Shipping Public Sector Industry Insights

$10.5 Billion Global E-Bike Market to Benefit from Surging Popularity

Electric bicycles, also known as e-bikes, are an up-and-coming technology that has already gained widespread use in China and Japan. However, the e-bike industry overall is still in an early stage of development with significant room for growth across the world.

Topics: Travel & Leisure Transportation & Shipping Industry Insights The Freedonia Group