Your SlideShare is downloading. ×
  • Like
  • Save
Ficci Wellness Conference Spas India
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Ficci Wellness Conference Spas India

  • 2,617 views
Published

Spas India supports FICCI initiative towards wellness & Spa development in India. …

Spas India supports FICCI initiative towards wellness & Spa development in India.

Spas India.com is a full-service company to provide unsurpassed full-service consulting services to the Salon and Spa Industry. Hotel and Resort Management, Country Club and Golf Course Management, Fitness Center Management, Day Spa, Resort Spa and Salon

Management will benefit from our results-oriented systems. We will advise owners and potential owners on most aspects of salon and spa business development from inception to completion and beyond. No project is too big or too small. Spas India can manage the entire process or fill-in the �gaps�. In addition, Spas India has tools available to make your project easier to manage including comprehensive timelines, customized to your unique situation, detailing every task necessary to complete prior to opening. We have Worldwide Resources to make you successful.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
  • Spas India.com is a full-service company to provide unsurpassed full-service consulting services to the Salon and Spa Industry. Hotel and Resort Management, Country Club and Golf Course Management, Fitness Center Management, Day Spa, Resort Spa and Salon

    Management will benefit from our results-oriented systems. We will advise owners and potential owners on most aspects of salon and spa business development from inception to completion and beyond. No project is too big or too small. Spas India can manage the entire process or fill-in the �gaps�. In addition, Spas India has tools available to make your project easier to manage including comprehensive timelines, customized to your unique situation, detailing every task necessary to complete prior to opening. We have Worldwide Resources to make you successful.

    Specialties* Market feasibility, financial projections & site analysis, * Conceptual & interior design briefs, * Fitness, recreational, and wellness program design * Signature treatments and spa service programming, * Retail merchandising & new product development, * Equipment selection & purchasing, * Operational & quality control systems, * Marketing & public relations, * Pre-opening staff recruitment & training, * Financial performance, operational & customer service audits,

    Simply said, a successful day, medical or resort spa should be designed from the customer's perspective inward. Years of experience has taught us that it takes more than water, marble and marketing to achieve the reputation and sales you need. Today's clients measure their spa experience by 'people performance' as well as visual excellence. In fact, people performance is the leading attribute of a world class spa. With our help, your new spa will have the design, the financial planning, the services, the management operating system and the employee training that provides what research shows to be the critical key points of customer satisfaction. In short, the five attributes of success.

    We are the only Indian company with the team of professional experts from worldwide experts which make it one stop solution for spa developers from spa conceptualization till spa management and manpower training.

    Related to : Spa, Resort, wellness, Gym health club, Cosmetic center & Medi-spa Development, Opeartions, Training , preopening consutancy. post opening management. reach us at info@spasindia.com
    Are you sure you want to
    Your message goes here
No Downloads

Views

Total Views
2,617
On SlideShare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
0
Comments
1
Likes
3

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Supported by Knowledge Partner Media Partner Hotel Partner
  • 2. W Key Wellness segments ellness is being heralded as the sunrise industry of the 21st century. Rising consumer income, along with increasing discretionary spending Wellness can be segmented into two broad and changing lifestyles has given rise to individual categories: physical and social. awareness and spending on Wellness. But what does 1. Physical Wellness includes all activities related to “Wellness” really mean? At first glance, Wellness is fitness and the prevention of physical ailments. the overall fulfillment of an individual’s needs, which 2. Social Wellness encompasses elements of could range from basic physical health, nutrition and mental, emotional and lifestyle wellbeing, and exercise to esteem- and aesthetic-based needs such social Wellness services primarily cater to needs as beauty, social lifestyle and mental peace. such as esteem, aesthetics and self-realization. More than 30 products and services fall under the gamut of Wellness. These can be classified into the following sub-categories: • Allopathy: This includes hospitals and pharmacies. • Alternative therapies: These include Ayurvedic medicines, products and treatments. • Nutrition: This sub-category includes dietary supplements and health and convenience foods. • Rejuvenation: This includes spas and yoga centers. • Exercise and fitness: Gyms and slimming centers Although certain human needs are basic and constant, fall under this sub-category. evolving lifestyle trends have revolutionized the • Beauty: Beauty-based services include salons human mindset, and a great deal of importance is now and cosmetic procedures (both surgical and non- attached to concepts such as Wellness. Currently, the surgical). approach to Wellness is proactive rather than reactive. • Counseling: This sub-category encompasses While Ayurveda, health foods and drinks and tonics professional counseling on nutrition, diet and have traditionally been integral to the Indian diet, emotional wellbeing. Indians are now increasingly looking at new avenues • Holidays: This includes travel services. of Wellness, in line with their proactive approach. In order to maintain and improve their Wellness, they India’s Wellness industry: potential engage in activities such as regular exercise, massage therapies and counseling. Driven by the country’s current demand and supply dynamics, India’s Wellness industry is poised to grow Even on the supply side, industry players are at a double-digit rate over the next five years, with increasingly moving away from “curative wellbeing” certain sectors, such as spas and beauty treatments, to “preventive and lifestyle wellbeing” by providing services ranging from health-oriented hospitals, pharmacies and alternative therapies to rejuvenation- based spas and yoga centers and beauty-based salons, gyms and cosmetic procedures. Increased consumer focus, along with favorable supply dynamics, has put the Wellness industry in a sweet spot. Going forward, as per Ernst & Young (EY) research, this industry is likely to feature among the country’s fastest growing businesses.
  • 3. projected to grow at more than 35–40%. Moreover, Key questions for a Wellness player given that few organized players currently exist in most Wellness segments, the opportunity for Given the dynamic and ever-evolving nature of the corporate and organized players is significant. Wellness industry, most players are faced with the following key questions: Further, when positioned in the global context, • What are the key observations one can draw from Wellness in India the international market and bring to the Indian is well below market? the international • What is the current average of not status of India’s only developed Wellness industry? economies but How is this going to also emerging change? economies such as • Is the Wellness industry China and Brazil. recognized? If yes, by India’s Wellness which authority? What story is at its tipping point, a period when players are the regulatory can tap into, exploit, and be part of, this potentially requirements, if any, lucrative industry. which one needs to be aware of? India’s Wellness industry: growth drivers • How does one identify the latent needs of customers, and how does one Demand-based factors align and integrate one’s products and services • Seamless international mobility following an with customer preferences and trends? increase in the frequency of international travel • How can one create a sustainable and expandable and expanded reach has enhanced awareness. business in this niche market? • The incorporation of consumer credit, along • Considering the industry’s high-customer with increased disposable income and higher involvement, current industry status and other discretionary spending has given impetus to risk factors, what are the different growth models conspicuous consumption. that can be adopted? • People are increasingly working toward holistic Wellness, which includes not only physical Objectives Wellness, but also emotional and social Wellness. Outline the definition of Wellness and analyze the • Contemporary lifestyle trends are driving the areas that players should look at for growth need for convenience, but with a predominant • Identify the changing trends influencing shifts in health angle. the consumer mindset and the industry, from a • Supply-based factors “preventive” to “curative” approach • Industry players are currently exploring multiple • Highlight the fine line between healthcare and new channels — from niche single-service stores Wellness to complete one-stop stores — to offer a variety • Identify the various challenges the industry faces, of Wellness-based products and services. • Media channels have increased their focus on Wellness-based programs, thereby providing a platform to increase public awareness and also to showcase innovative products and services. • Multiple international companies are entering the Indian market to cash in on the Wellness boom, thus further expanding the market.
  • 4. infrastructure, paucity of qualified human capital and high advertising and promotion costs • Identify mitigating factors for the industry’s challenges and ways to convert them into lucrative opportunities to fuel the growth of India’s Wellness space • To bring together various stakeholders such as organized and unorganized players, relevant government and regulatory bodies, educational institutes, researchers, experts and analysts • To identify various international best practices which are related to quality and accreditation, and assess ways to replicate them in the Indian competition from other countries, suitable market. ABOUT FICCI Set up in 1927, FICCI is the largest and oldest apex business organization of Indian business. Its history is very closely interwoven with the freedom movement. FICCI inspired economic nationalism as a political tool to fight against discriminatory economic policies. FICCI’s commitment is now directed at changing the economic landscape of India, through reforms that expand the space for private sector and public private partnerships. FICCI is the rallying point for free enterprises in India. It has empowered Indian businesses, in the changing times, to shore up their competitiveness and enhance their global reach. With a nationwide membership of over 1500 corporates and over 500 chambers of commerce and business associations, FICCI espouses the shared vision of Indian businesses and speaks directly and indirectly for over 2,50,000 business units. It has an expanding direct membership of enterprises drawn from large, medium, small and tiny segments of manufacturing, distributive trade and services. FICCI maintains the lead as the proactive business solution provider through research, interactions at the highest political level and global networking. In the knowledge-driven globalized economy, FICCI stands for quality, competitiveness, transparency, accountability and business-government-civil society partnership to spread ethics-based business practices and to enhance the quality of life of the common people. For further details please contact: Amita Kardile Federation of Indian Chambers of Commerce & Industry, Western Regional Council (FICCI WRC), Krishnamai, Plot No. 33-B, Sir Pochkhanwala Road, Worli, Mumbai 400 030 India. Tel: +91 - 22 - 2496 8000 - Extn: 127. Fax: +91 - 22 - 2496 6631 - 32 Email: amitak@ficci.com • Website: www.ficci.com