PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1665255
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1665255
Wellness Services Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Wellness Services Market was valued at USD 6.8 trillion in 2024 and is projected to experience impressive growth, expanding at a CAGR of 6.5% from 2025 to 2034. This surge is driven by an increasing consumer emphasis on health, well-being, and living a balanced lifestyle. As individuals worldwide place greater importance on their personal wellness, the market continues to evolve and attract more investments.
The wellness services market is broad and encompasses a variety of segments, including personal care & beauty, healthy eating, nutrition & weight loss, physical activity, wellness tourism, public health, prevention & personalized medicine, wellness real estate, traditional & complementary medicine, mental wellness, spas & springs, and workplace wellness. Among these, the personal care & beauty segment led the market in 2024, reaching a valuation of USD 1.3 trillion. This sector is expected to maintain a robust growth trajectory, with a projected CAGR of 5.9% during 2025 - 2034. The increase in consumer spending on self-care and holistic wellness, alongside rising disposable incomes in emerging markets, is fueling this growth. As more people focus on their health and beauty, they are more willing to invest in premium beauty and wellness services.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $6.8 Trillion |
| Forecast Value | $12.9 Trillion |
| CAGR | 6.5% |
In terms of service delivery, the wellness services market is divided into online and offline options. In 2024, offline services accounted for 59.3% of the market share and are expected to grow at a CAGR of 6.3% during 2025 - 2034. Offline services remain the preferred choice for many consumers, as face-to-face interactions and hands-on experiences are often seen as more reliable and professional, especially in specialized treatments and high-quality wellness facilities. While online wellness services are gaining traction and are projected to grow at a faster rate of 6.9% CAGR during the same period, offline services will continue to be a vital component of the wellness market.
The U.S. wellness services market, valued at USD 1.6 trillion in 2024, is set to experience exceptional growth with a projected CAGR of 7.5% from 2025 to 2034. This rapid expansion can be attributed to the country's advanced healthcare infrastructure, an increasingly health-conscious consumer base, and a high level of disposable income. With preventive healthcare becoming a higher priority, the demand for wellness services that support fitness, mental well-being, and personalized nutrition is expected to rise sharply. As a result, the U.S. remains a key player in the global wellness services market, offering opportunities for growth across a wide range of wellness sectors.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations.
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain.
- 3.1.2 Profit margin analysis.
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Service providers
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Rising demand for innovative and multipurpose kitchen tools
- 3.6.1.2 Expanding food service industry
- 3.6.1.3 Increasing consumer preference for ergonomic and durable designs
- 3.6.1.4 Rising consumer demand for personalized health and wellness solutions
- 3.6.1.5 Expansion of corporate wellness programs
- 3.6.1.6 Increasing adoption of digital health technologies
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 High costs associated with premium wellness services
- 3.6.2.2 Lack of regulation and standardization in the industry
- 3.6.1 Growth drivers
- 3.7 Growth potential analysis
- 3.8 Porter’s analysis
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Type, 2021-2034 (USD Trillion)
- 5.1 Key trends
- 5.2 Personal care & beauty
- 5.3 Health eating, nutrition & weight loss
- 5.4 Physical activity
- 5.5 Wellness tourism
- 5.6 Public health, prevention & personalized medicine
- 5.7 Traditional & complementary medicine
- 5.8 Wellness real estate
- 5.9 Mental wellness
- 5.10 Spas
- 5.11 Springs
- 5.12 Workplace wellness
Chapter 6 Market Estimates & Forecast, By Pricing Model, 2021-2034 (USD Trillion)
- 6.1 Key trends
- 6.2 Premium services
- 6.3 Affordable/budget services
- 6.4 Subscription-based services
Chapter 7 Market Estimates & Forecast, By End-User, 2021-2034 (USD Trillion)
- 7.1 Key Trends
- 7.2 Individual consumers
- 7.3 Corporate clients
- 7.4 Medical institutions
- 7.5 Wellness resorts and spas
Chapter 8 Market Estimates & Forecast, By Delivery Channel, 2021-2034 (USD Trillion)
- 8.1 Key trends
- 8.2 Online services
- 8.2.1 Wellness apps
- 8.2.2 Virtual consultations and therapy sessions
- 8.2.3 E-commerce platforms for wellness products
- 8.3 Offline services
- 8.3.1 Brick-and-mortar wellness centers and spas
- 8.3.2 On-site corporate wellness programs
- 8.4 Traditional clinics for complementary medicine
Chapter 9 Market Estimates & Forecast, By Region, 2021-2034 (USD Trillion)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Malaysia
- 9.4.7 Indonesia
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.6 MEA
- 9.6.1 UAE
- 9.6.2 Saudi Arabia
- 9.6.3 South Africa
Chapter 10 Company Profiles
- 10.1 Abbott Laboratories
- 10.2 Amway Corp.
- 10.3 Anthem Inc.
- 10.4 Anytime Fitness LLC
- 10.5 Centene Corporation
- 10.6 Cerner Corporation
- 10.7 Cleveland Clinic
- 10.8 ComPsych
- 10.9 Herbalife Nutrition Ltd.
- 10.10 L'Oréal S.A.
- 10.11 Telus
- 10.12 THE BOUNTIFUL COMPANY
- 10.13 The Estée Lauder Companies Inc.
- 10.14 Unilever plc
- 10.15 UnitedHealthcare
