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 |
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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.
