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Nordic spruce and pine prices have climbed 22% since January, driven by strong export demand from Asia and new sustainability-driven forest management policies in Finland and Sweden.
This week: Harvia's EOS acquisition, new U.S. tariffs on Finnish imports, record outdoor sauna demand data, HUUM's smart heater launch, and Equinox's thermal wellness expansion.

Harvia's first-quarter revenue surged 22.7% to EUR 52 million, driven by strong contributions from its ThermaSol steam acquisition and continued growth in both North American and European commercial markets.
The Office of the U.S. Trade Representative has announced an 18% tariff on imported sauna equipment and components from Finland, Estonia, and Latvia, effective July 1. The move is expected to ripple across the North American sauna market.
Aman's forthcoming Iceland property will feature a 12-room thermal bathing suite spanning 4,500 square feet, with geothermally heated saunas, cold plunge circuits, and outdoor steam grottos overlooking the North Atlantic.

New industry data shows outdoor sauna sales in North America grew 34% in 2025, outpacing indoor installations for the second consecutive year. Barrel saunas lead the category, but custom outdoor builds are gaining share.

Dundalk Leisurecraft is aggressively expanding its international dealer network, adding Australia and Brazil to its existing presence across North America and Europe.

The global cold plunge tub market reached an estimated $380 million in 2025, with brands like Plunge crossing $100M in revenue. But the bigger story is what cold plunge adoption does for the sauna market — data shows it's creating new sauna buyers, not stealing them.
Your morning briefing: The Culture of Bathe-ing festival on Brooklyn's Williamsburg waterfront wrapped its three-week run with 17 architecturally distinct saunas and over 1,000 guided sessions. Plus: KLAFS expansion plans and the latest wellness real estate data.
A new generation of sauna designers is drawing deeply from Japanese onsen and sento traditions — bringing concepts of wabi-sabi, natural materials, and ritualistic sequencing into Western thermal wellness spaces.
The global sauna market, estimated at $905 million in 2024 and projected to reach $1.56 billion by 2033, is large enough for both categories to thrive. Consumer data, clinical research, and channel dynamics paint a nuanced picture: infrared and traditional saunas are diverging, not competing.
Bathhouse, the Brooklyn-based social wellness club, told CNBC it expects to reach approximately $120 million in run-rate revenue by the end of 2026 — a milestone that validates the urban sauna social club as a serious business category, not a wellness fad.
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