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Market Research Report

Global Health and Wellness Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 356010
Published Content info 129 Pages
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Global Health and Wellness Market 2019-2023
Published: May 21, 2019 Content info: 129 Pages
Description

About this market

One of the major drivers expected to drive the growth of the market during the forecast period is the increased emphasis on effective health and wellness products and a healthy lifestyle by consumers globally. The primary reason driving this increased adoption is the improving economic condition of countries worldwide, which gives liberty to lower- and middle-class consumers to spend more on their health and well-being. Also, many vendors have been focusing on launching free health coaching, giveaway campaigns, community gatherings centered around self-care, nutrition, and others. Many health and wellness brands, including Weight Watchers, Bodybuilding.com, and CrossFit, successfully market their products through social media channels, such as Twitter and Facebook, and they have been instrumental in spreading the popularity of health and wellness products among consumers. Therefore, the rising adoption of health and wellness among all demographics is a significant factor that is estimated to positively impact the growth of the global health and wellness market during the forecast period. Technavio's analysts have predicted that the health and wellness market will register a CAGR of about 6% by 2023.

Market Overview

The rising number of new products launches in the market

The growth of the global health and wellness market is being propelled by the increasing number of new product launches, especially pertaining to industries like packaged health and wellness food product and beauty and personal care product. Several vendors in the market are focusing on launching a new product named 'Nivea Milk Delights' in women's facewash category in the Indian market. Moreover, they are also starting a high protein drink with zero sugar called Protinex Lite under the brand name Protinex. Vendors have been focusing on innovating the packaged health and wellness food and beauty and personal care products category by including better quality ingredients. Therefore, the rising number of new product launches in the market will drive the growth of the market during the forecast period.

The high degree of disorganization, price instability, and lack of skilled workforce

The low-entry barrier in the global health and wellness market has been the major reason behind the high degree of disorganization prevalent in the health and wellness market, which creates additional pressure on the established and organized players. The opening of numerous small-sized spas and health and wellness centers in numerous developed and developing economies across the world have given rise to price disparity, as such small-sized enterprises offer services at low costs and have an unskilled workforce at their disposal. A lack of appropriate training standards and universally accepted accreditations adversely affects the quality of training being imparted in local academies, thereby leading to a rise in the unskilled workforce. This decreases consumer confidence in availing health and wellness services. Therefore, a high degree of disorganization, lack of skilled workforce, and price instability present a massive threat to the growth of the global health and wellness market.

For the detailed list of factors that will drive and challenge the growth of the health and wellness market during 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented. The presence of several companies including Bayer AG and Brunswick Corp. makes the competitive environment quite intense. Factors such as the rising number of new product launches in the market and the increasing emphasis on the promotion of health and wellness activities and programs will provide significant growth opportunities to the health and wellness companies. Danone SA, Nestle SA, and Procter & Gamble Co. are some of the major companies covered in this report.

Table of Contents
Product Code: IRTNTR31370

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Health and wellness food - Market size and forecast 2018-2023
  • Wellness tourism - Market size and forecast 2018-2023
  • Beauty and personal care products - Market size and forecast 2018-2023
  • Preventive and personalized health - Market size and forecast 2018-2023
  • Fitness equipment - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing influence of thermal and mineral springs and spas
  • Rising demand for organic, eco-friendly, clean-labeled, and
  • sustainable health and wellness products
  • Growing number of distribution deals, technological associations,
  • collaborations, and acquisitions

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bayer AG
  • Brunswick Corp.
  • Danone SA
  • Nestle SA
  • Procter & Gamble Co.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global wellness market
  • Exhibit 02: Segments of global wellness market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Market definition - Inclusions and exclusions checklist
  • Exhibit 06: Market size 2018
  • Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
  • Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 09: Five forces analysis 2018
  • Exhibit 10: Five forces analysis 2023
  • Exhibit 11: Bargaining power of buyers
  • Exhibit 12: Bargaining power of suppliers
  • Exhibit 13: Threat of new entrants
  • Exhibit 14: Threat of substitutes
  • Exhibit 15: Threat of rivalry
  • Exhibit 16: Market condition - Five forces 2018
  • Exhibit 17: Product - Market share 2018-2023 (%)
  • Exhibit 18: Comparison by product
  • Exhibit 19: Health and wellness food - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 20: Health and wellness food - Year-over-year growth 2019-2023 (%)
  • Exhibit 21: Wellness tourism - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 22: Wellness tourism - Year-over-year growth 2019-2023 (%)
  • Exhibit 23: Beauty and personal care products - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 24: Beauty and personal care products - Year-over-year growth 2019-2023 (%)
  • Exhibit 25: Preventive and personalized health - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 26: Preventive and personalized health - Year-over-year growth 2019-2023 (%)
  • Exhibit 27: Fitness equipment - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 28: Fitness equipment - Year-over-year growth 2019-2023 (%)
  • Exhibit 29: Market opportunity by product
  • Exhibit 30: Customer landscape
  • Exhibit 31: Market share by geography 2018-2023 (%)
  • Exhibit 32: Geographic comparison
  • Exhibit 33: North America - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 34: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 35: Europe - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 36: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 37: APAC - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 38: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 39: MEA - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 40: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 41: South America - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 42: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 43: Key leading countries
  • Exhibit 44: Market opportunity
  • Exhibit 45: Impact of drivers and challenges
  • Exhibit 46: Vendor landscape
  • Exhibit 47: Landscape disruption
  • Exhibit 48: Vendors covered
  • Exhibit 49: Vendor classification
  • Exhibit 50: Market positioning of vendors
  • Exhibit 51: Bayer AG - Vendor overview
  • Exhibit 52: Bayer AG - Business segments
  • Exhibit 53: Bayer AG - Organizational developments
  • Exhibit 54: Bayer AG - Geographic focus
  • Exhibit 55: Bayer AG - Segment focus
  • Exhibit 56: Bayer AG - Key offerings
  • Exhibit 57: Brunswick Corp. - Vendor overview
  • Exhibit 58: Brunswick Corp. - Business segments
  • Exhibit 59: Brunswick Corp. - Organizational developments
  • Exhibit 60: Brunswick Corp. - Geographic focus
  • Exhibit 61: Brunswick Corp. - Segment focus
  • Exhibit 62: Brunswick Corp. - Key offerings
  • Exhibit 63: Danone SA - Vendor overview
  • Exhibit 64: Danone SA - Business segments
  • Exhibit 65: Danone SA - Organizational developments
  • Exhibit 66: Danone SA - Geographic focus
  • Exhibit 67: Danone SA - Segment focus
  • Exhibit 68: Danone SA - Key offerings
  • Exhibit 69: Nestle SA - Vendor overview
  • Exhibit 70: Nestle SA - Business segments
  • Exhibit 71: Nestle SA - Organizational developments
  • Exhibit 72: Nestle SA - Geographic focus
  • Exhibit 73: Nestle SA - Segment focus
  • Exhibit 74: Nestle SA - Key offerings
  • Exhibit 75: Procter & Gamble Co. - Vendor overview
  • Exhibit 76: Procter & Gamble Co. - Business segments
  • Exhibit 77: Procter & Gamble Co. - Organizational developments
  • Exhibit 78: Procter & Gamble Co. - Geographic focus
  • Exhibit 79: Procter & Gamble Co. - Segment focus
  • Exhibit 80: Procter & Gamble Co. - Key offerings
  • Exhibit 81: Validation techniques employed for market sizing
  • Exhibit 82: Definition of market positioning of vendors
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