An analysis of traveler types, key market trends, key destinations, challenges and opportunities for the health & wellness travel space
Key Highlights
- In 2021 projected health & wellness tourism inbound trips rose by compared to 2020. While global travel was halted due to COVID-19 travel restrictions, interest in health and wellness travel has remained strong. Had COVID-19 restrictions not impacted global travel it is highly likely that the previous boom seen in pre-pandemic years would have continued.
- Some countries more than others are more predisposed to wellness travel, however, total global wellness inbound arrivals from 2014 to 2019, before the impacts of the COVID-19 pandemic, grew at a 4.1% CAGR. GlobalData predicts that arrivals will continue to grow from 2021 onwards, with a forecast CAGR of 4.7% from 2021 to 2024.
- Further to this, due to the impact of COVID-19 on travelers globally, there is a renewed focus on mental health and wellbeing, due to billions of people across the world having their lifestyles altered to prevent COVID-19 from spreading. This increased focus will inevitably lead to an increased interest in health and wellness holidays in the near future with global travel restrictions starting to be lifted.
Scope
- This report provides analysis of key market trends, COVID-19 impacts, and premiumization in the health & wellness industry. Major analysis of health & wellness trends is undertaken to provide valuable insight. Challenges along with opportunities in the industry are explained.
Reasons to Buy
- Gain an insight into health & wellness tourism's leading trends, understand how they have adapted to the threat of COVID-19, understand the key traveler types that health & wellness destinations can look to attract, look at the key product developments and why they appeal, gain a detailed understanding of the key trends, issues and challenges facing health & wellness destinations.