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PUBLISHER: IMARC | PRODUCT CODE: 1347603
PUBLISHER: IMARC | PRODUCT CODE: 1347603
Wellness Tourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 147 Pages
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Market Overview:
The global wellness tourism market size reached US$ 889 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,327 Billion by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.
Wellness tourism is a lifestyle activity involving numerous trips that help empower and maintain one's personal wellbeing. It is designed to emphasize authentic experiences and assist the purpose of healthy living, stress reduction, disease prevention, and minimizing poor lifestyle habits. It also aids in enriching the mental as well as physical health of individuals. Wellness tourism provides travel as an opportunity for relaxation and unwinding, the discovery of joy, and self-actualization to the masses. It consists of tours to several places and facilities that serve its purpose, including wellness resorts, wellness spas, hospitals, clinics, and fitness centers, where spa therapies and other wellness activities are provided to ensure customer satisfaction.
Wellness Tourism Market Trends:
The market is primarily driven by a considerable rise in travel and personal wellbeing expenditure. This can be attributed to the inflating disposable income levels of the masses. Besides this, with the increasingly hectic work schedules and sedentary lifestyles resulting in the rising prevalence of various lifestyle diseases among individuals, the growing preference for leading a healthy lifestyle is propelling the market growth. The market is further driven by continual technological advancements, such as convenient flights, hotel and activity bookings, and the ability to compare various available adventure travel options via online platforms. In addition to this, numerous research and development (R&D) activities, mergers and acquisitions (M&A) and partnership strategies by major market players to expand the geographical reach of wellness tourism are creating lucrative growth opportunities in the market. Some of the other factors further contributing to the market growth include rapid urbanization, a significant increase in e-literacy rates, and the increasing influence of social media on the global level.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global wellness tourism market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on travelers type, service type and location.
Breakup by Travelers Type:
Primary
Secondary
Breakup by Service Type:
Transport
Lodging
Food and Beverage
Shopping
Activities and Excursion
Others
Breakup by Location:
Domestic
International
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accor S.A., Four Seasons Hotels Limited, Hilton Worldwide Holdings Inc., Hyatt Hotels Corporation, InterContinental Hotels Group plc, Marriott International Inc., Radisson Hospitality Inc. (Jin Jiang International Co. Ltd.), Rancho La Puerta Inc., Red Carnation Hotels (The Travel Corporation), Rosewood Hotel Group (New World Development Company Limited) and Wyndham Hotels & Resorts Inc.
Key Questions Answered in This Report:
- How has the global wellness tourism market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global wellness tourism market?
- What are the key regional markets?
- What is the breakup of the market based on the travelers type?
- What is the breakup of the market based on the service type?
- What is the breakup of the market based on the location?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global wellness tourism market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A5760
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Wellness Tourism Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Travelers Type
- 6.1 Primary
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Secondary
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Service Type
- 7.1 Transport
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Lodging
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Food and Beverage
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Shopping
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Activities and Excursion
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Others
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by Location
- 8.1 Domestic
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 International
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Accor S.A.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Four Seasons Hotels Limited
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 SWOT Analysis
- 14.3.3 Hilton Worldwide Holdings Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Hyatt Hotels Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 InterContinental Hotels Group plc
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Marriott International Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Radisson Hospitality Inc. (Jin Jiang International Co. Ltd.)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Rancho La Puerta Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Red Carnation Hotels (The Travel Corporation)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Rosewood Hotel Group (New World Development Company Limited)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Wyndham Hotels & Resorts Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.1 Accor S.A.
Product Code: SR112023A5760
List of Figures
- Figure 1: Global: Wellness Tourism Market: Major Drivers and Challenges
- Figure 2: Global: Wellness Tourism Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Wellness Tourism Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Wellness Tourism Market: Breakup by Travelers Type (in %), 2022
- Figure 5: Global: Wellness Tourism Market: Breakup by Service Type (in %), 2022
- Figure 6: Global: Wellness Tourism Market: Breakup by Location (in %), 2022
- Figure 7: Global: Wellness Tourism Market: Breakup by Region (in %), 2022
- Figure 8: Global: Wellness Tourism (Primary) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Wellness Tourism (Primary) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Wellness Tourism (Secondary) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Wellness Tourism (Secondary) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Wellness Tourism (Transport) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Wellness Tourism (Transport) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Wellness Tourism (Lodging) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Wellness Tourism (Lodging) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Wellness Tourism (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Wellness Tourism (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Wellness Tourism (Shopping) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Wellness Tourism (Shopping) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Wellness Tourism (Activities and Excursion) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Wellness Tourism (Activities and Excursion) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Wellness Tourism (Other Service Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Wellness Tourism (Other Service Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Wellness Tourism (Domestic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Wellness Tourism (Domestic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Wellness Tourism (International) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Wellness Tourism (International) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Wellness Tourism Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Wellness Tourism Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: Wellness Tourism Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: Wellness Tourism Industry: SWOT Analysis
- Figure 78: Global: Wellness Tourism Industry: Value Chain Analysis
- Figure 79: Global: Wellness Tourism Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Wellness Tourism Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Wellness Tourism Market Forecast: Breakup by Travelers Type (in Million US$), 2023-2028
- Table 3: Global: Wellness Tourism Market Forecast: Breakup by Service Type (in Million US$), 2023-2028
- Table 4: Global: Wellness Tourism Market Forecast: Breakup by Location (in Million US$), 2023-2028
- Table 5: Global: Wellness Tourism Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Wellness Tourism Market: Competitive Structure
- Table 7: Global: Wellness Tourism Market: Key Players
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