Market Size of US Steam Rooms Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 3.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
US Steam Rooms Market Analysis
The United States Steam Room Market is expected to achieve a CAGR of 3% during the forecast period. Steam rooms were used by ancient Greeks and Romans, who practiced steam bathing as a tradition. Hammam, or Turkish bath practice, was inherited from ancient Roman thermae. The first Turkish steam room in the United States was introduced in 1863, after its introduction in the mid-century in Britain and its expansion to Western Europe and Asia. Technological advancements gave rise to steam generators, innovative steam room design ideas, and steam showers, combining the ancient tradition and its health benefits with innovation.
The rise in spending capacities of consumers and increasing urbanization, along with several health benefits associated with steam rooms, are driving the market's growth in the United States. Changing lifestyles and growing awareness and focus on health and hygiene also contribute to the industry's growth.
The COVID-19 pandemic had an unfavorable impact on the market, as gyms and spa services were closed due to lockdowns and restrictions. However, as the lockdowns were lifted, the market registered growth, which may continue in the coming years, driven by new and innovative product launches.
US Steam Rooms Industry Segmentation
A steam room is a heated steam room used for relaxation and to relieve some medical conditions. They are often found in gyms, spas, or health resorts. The report aims to provide a detailed analysis of the US steam rooms market. It focuses on market dynamics, emerging trends, and market insights. It also analyzes the major players, such as Steamist, Mr. Steam, Kohler, and Saunacore, along with the competitive landscape in the market. The US steam rooms market is segmented by type (conventional and infrared) and end user (residential and commercial). The report offers market size and forecast values for the US Steam Rooms Market in USD million for the above segments.
By Type | |
Infrared | |
Conventional |
By End User | |
Residential | |
Commercial |
US Steam Rooms Market Size Summary
The United States steam room market is experiencing growth driven by increasing consumer spending capacities, urbanization, and a heightened focus on health and hygiene. The market, which has its roots in ancient Greek and Roman traditions, has evolved with technological advancements such as steam generators and innovative designs. These developments have helped blend traditional practices with modern health benefits, appealing to a broader audience. The market's expansion is further supported by the rising disposable income and changing lifestyles of millennials, who view steam rooms as essential components of their wellness routines. Despite the initial setbacks caused by the COVID-19 pandemic, the market has rebounded as restrictions eased, with new product launches contributing to its continued growth.
The demand for steam room services is bolstered by the health benefits they offer, including improved blood circulation, enhanced skin health, and stress reduction. These benefits are particularly appealing to working professionals and geriatric groups, who are increasingly adopting gym, sauna, and spa services. The market is moderately consolidated, with key players like Steamist, Mr. Steam, and Kohler Co. focusing on customized and innovative offerings to attract more customers. Recent product launches, such as Harvia's premium line-up and Mr. Steam's designer finishes, highlight the industry's commitment to meeting modern consumer demands. As competition intensifies with the entry of new players, established companies are striving to maintain their market positions through tailored services and product innovations.
US Steam Rooms Market Size - Table of Contents
-
1. MARKET INSIGHTS AND DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Industry Attractiveness - Porter's Five Forces Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitutes
-
1.4.5 Intensity of Competitive Rivalry
-
-
1.5 Insights on Latest Trends and Technological Innovations in the Industry
-
1.6 Impact of COVID-19 on the Market
-
-
2. MARKET SEGMENTATION
-
2.1 By Type
-
2.1.1 Infrared
-
2.1.2 Conventional
-
-
2.2 By End User
-
2.2.1 Residential
-
2.2.2 Commercial
-
-
US Steam Rooms Market Size FAQs
What is the current US Steam Rooms Market size?
The US Steam Rooms Market is projected to register a CAGR of 3% during the forecast period (2024-2029)
Who are the key players in US Steam Rooms Market?
Steamist (US), Mr. Steam (Feel Good Inc), Kohler Co., Saunacore and ThermaSol Steam Bath LLC are the major companies operating in the US Steam Rooms Market.