Abstract
Summary
Wellness tourism is a type of tourism where people travel to places for the betterment of their physical or mental state. It is different from medical tourism where people travel to other countries or places for medical care or treatment of a diagnosed disease. Wellness tourism is growing simultaneously with the global tourism industry at a rapid pace.
LPI (LP Information)' newest research report, the “Wellness Tourism Industry Forecast” looks at past sales and reviews total world Wellness Tourism sales in 2022, providing a comprehensive analysis by region and market sector of projected Wellness Tourism sales for 2023 through 2029. With Wellness Tourism sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wellness Tourism industry.
This Insight Report provides a comprehensive analysis of the global Wellness Tourism landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wellness Tourism portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wellness Tourism market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wellness Tourism and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wellness Tourism.
The global Wellness Tourism market size is projected to grow from US$ 772710 million in 2022 to US$ 1161570 million in 2029; it is expected to grow at a CAGR of 6.0% from 2023 to 2029.
According to the wellness tourism market report, one of the major drivers for this market is Increase in mental illness. Some common forms of mental illnesses include stress, fear, anxiety, depression, and insomnia. If not addressed in their early stages, they can adversely affect physical health and lead to chronic disorders such as obesity, diabetes, heart diseases, and cancer. Stress can be caused due to environmental pressures such as work, societal expectations, and monetary problems. Stress can have adverse effects on an individual's lifestyle and health. For instance, out of 100 individual, 20% of the adults in the US experience stress every year, and mood disorders such as depression and bipolar disorders are the third major cause of hospitalization in the country.
This report presents a comprehensive overview, market shares, and growth opportunities of Wellness Tourism market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Domestic Wellness Tourism
International Wellness Tourism
Segmentation by application
For Old Men
For Young Men
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AccorHotels
Canyon Ranch
IHG
Red Carnation Hotels
IHHR Hospitality
Aro Ha
Body And Soul
BodySense
Fitpacking
Four Seasons Hotels
Gwinganna Lifestyle Retreat
Hilton
Hyatt
Kamalaya
Marriott
Mountain Trek
Rancho La Puerta
Wellness & Hormone Centers Of America
LPI (LP Information)' newest research report, the “Wellness Tourism Industry Forecast” looks at past sales and reviews total world Wellness Tourism sales in 2022, providing a comprehensive analysis by region and market sector of projected Wellness Tourism sales for 2023 through 2029. With Wellness Tourism sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wellness Tourism industry.
This Insight Report provides a comprehensive analysis of the global Wellness Tourism landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wellness Tourism portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Wellness Tourism market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wellness Tourism and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wellness Tourism.
The global Wellness Tourism market size is projected to grow from US$ 772710 million in 2022 to US$ 1161570 million in 2029; it is expected to grow at a CAGR of 6.0% from 2023 to 2029.
According to the wellness tourism market report, one of the major drivers for this market is Increase in mental illness. Some common forms of mental illnesses include stress, fear, anxiety, depression, and insomnia. If not addressed in their early stages, they can adversely affect physical health and lead to chronic disorders such as obesity, diabetes, heart diseases, and cancer. Stress can be caused due to environmental pressures such as work, societal expectations, and monetary problems. Stress can have adverse effects on an individual's lifestyle and health. For instance, out of 100 individual, 20% of the adults in the US experience stress every year, and mood disorders such as depression and bipolar disorders are the third major cause of hospitalization in the country.
This report presents a comprehensive overview, market shares, and growth opportunities of Wellness Tourism market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Domestic Wellness Tourism
International Wellness Tourism
Segmentation by application
For Old Men
For Young Men
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AccorHotels
Canyon Ranch
IHG
Red Carnation Hotels
IHHR Hospitality
Aro Ha
Body And Soul
BodySense
Fitpacking
Four Seasons Hotels
Gwinganna Lifestyle Retreat
Hilton
Hyatt
Kamalaya
Marriott
Mountain Trek
Rancho La Puerta
Wellness & Hormone Centers Of America
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Wellness Tourism Market Size 2018-2029
2.1.2 Wellness Tourism Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Wellness Tourism Segment by Type
2.2.1 Domestic Wellness Tourism
2.2.2 International Wellness Tourism
2.3 Wellness Tourism Market Size by Type
2.3.1 Wellness Tourism Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Wellness Tourism Market Size Market Share by Type (2018-2023)
2.4 Wellness Tourism Segment by Application
2.4.1 For Old Men
2.4.2 For Young Men
2.5 Wellness Tourism Market Size by Application
2.5.1 Wellness Tourism Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Wellness Tourism Market Size Market Share by Application (2018-2023)
3 Wellness Tourism Market Size by Player
3.1 Wellness Tourism Market Size Market Share by Players
3.1.1 Global Wellness Tourism Revenue by Players (2018-2023)
3.1.2 Global Wellness Tourism Revenue Market Share by Players (2018-2023)
3.2 Global Wellness Tourism Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Wellness Tourism by Regions
4.1 Wellness Tourism Market Size by Regions (2018-2023)
4.2 Americas Wellness Tourism Market Size Growth (2018-2023)
4.3 APAC Wellness Tourism Market Size Growth (2018-2023)
4.4 Europe Wellness Tourism Market Size Growth (2018-2023)
4.5 Middle East & Africa Wellness Tourism Market Size Growth (2018-2023)
5 Americas
5.1 Americas Wellness Tourism Market Size by Country (2018-2023)
5.2 Americas Wellness Tourism Market Size by Type (2018-2023)
5.3 Americas Wellness Tourism Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Wellness Tourism Market Size by Region (2018-2023)
6.2 APAC Wellness Tourism Market Size by Type (2018-2023)
6.3 APAC Wellness Tourism Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Wellness Tourism by Country (2018-2023)
7.2 Europe Wellness Tourism Market Size by Type (2018-2023)
7.3 Europe Wellness Tourism Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Wellness Tourism by Region (2018-2023)
8.2 Middle East & Africa Wellness Tourism Market Size by Type (2018-2023)
8.3 Middle East & Africa Wellness Tourism Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Wellness Tourism Market Forecast
10.1 Global Wellness Tourism Forecast by Regions (2024-2029)
10.1.1 Global Wellness Tourism Forecast by Regions (2024-2029)
10.1.2 Americas Wellness Tourism Forecast
10.1.3 APAC Wellness Tourism Forecast
10.1.4 Europe Wellness Tourism Forecast
10.1.5 Middle East & Africa Wellness Tourism Forecast
10.2 Americas Wellness Tourism Forecast by Country (2024-2029)
10.2.1 United States Wellness Tourism Market Forecast
10.2.2 Canada Wellness Tourism Market Forecast
10.2.3 Mexico Wellness Tourism Market Forecast
10.2.4 Brazil Wellness Tourism Market Forecast
10.3 APAC Wellness Tourism Forecast by Region (2024-2029)
10.3.1 China Wellness Tourism Market Forecast
10.3.2 Japan Wellness Tourism Market Forecast
10.3.3 Korea Wellness Tourism Market Forecast
10.3.4 Southeast Asia Wellness Tourism Market Forecast
10.3.5 India Wellness Tourism Market Forecast
10.3.6 Australia Wellness Tourism Market Forecast
10.4 Europe Wellness Tourism Forecast by Country (2024-2029)
10.4.1 Germany Wellness Tourism Market Forecast
10.4.2 France Wellness Tourism Market Forecast
10.4.3 UK Wellness Tourism Market Forecast
10.4.4 Italy Wellness Tourism Market Forecast
10.4.5 Russia Wellness Tourism Market Forecast
10.5 Middle East & Africa Wellness Tourism Forecast by Region (2024-2029)
10.5.1 Egypt Wellness Tourism Market Forecast
10.5.2 South Africa Wellness Tourism Market Forecast
10.5.3 Israel Wellness Tourism Market Forecast
10.5.4 Turkey Wellness Tourism Market Forecast
10.5.5 GCC Countries Wellness Tourism Market Forecast
10.6 Global Wellness Tourism Forecast by Type (2024-2029)
10.7 Global Wellness Tourism Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 AccorHotels
11.1.1 AccorHotels Company Information
11.1.2 AccorHotels Wellness Tourism Product Offered
11.1.3 AccorHotels Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 AccorHotels Main Business Overview
11.1.5 AccorHotels Latest Developments
11.2 Canyon Ranch
11.2.1 Canyon Ranch Company Information
11.2.2 Canyon Ranch Wellness Tourism Product Offered
11.2.3 Canyon Ranch Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Canyon Ranch Main Business Overview
11.2.5 Canyon Ranch Latest Developments
11.3 IHG
11.3.1 IHG Company Information
11.3.2 IHG Wellness Tourism Product Offered
11.3.3 IHG Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 IHG Main Business Overview
11.3.5 IHG Latest Developments
11.4 Red Carnation Hotels
11.4.1 Red Carnation Hotels Company Information
11.4.2 Red Carnation Hotels Wellness Tourism Product Offered
11.4.3 Red Carnation Hotels Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Red Carnation Hotels Main Business Overview
11.4.5 Red Carnation Hotels Latest Developments
11.5 IHHR Hospitality
11.5.1 IHHR Hospitality Company Information
11.5.2 IHHR Hospitality Wellness Tourism Product Offered
11.5.3 IHHR Hospitality Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 IHHR Hospitality Main Business Overview
11.5.5 IHHR Hospitality Latest Developments
11.6 Aro Ha
11.6.1 Aro Ha Company Information
11.6.2 Aro Ha Wellness Tourism Product Offered
11.6.3 Aro Ha Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 Aro Ha Main Business Overview
11.6.5 Aro Ha Latest Developments
11.7 Body And Soul
11.7.1 Body And Soul Company Information
11.7.2 Body And Soul Wellness Tourism Product Offered
11.7.3 Body And Soul Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 Body And Soul Main Business Overview
11.7.5 Body And Soul Latest Developments
11.8 BodySense
11.8.1 BodySense Company Information
11.8.2 BodySense Wellness Tourism Product Offered
11.8.3 BodySense Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 BodySense Main Business Overview
11.8.5 BodySense Latest Developments
11.9 Fitpacking
11.9.1 Fitpacking Company Information
11.9.2 Fitpacking Wellness Tourism Product Offered
11.9.3 Fitpacking Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Fitpacking Main Business Overview
11.9.5 Fitpacking Latest Developments
11.10 Four Seasons Hotels
11.10.1 Four Seasons Hotels Company Information
11.10.2 Four Seasons Hotels Wellness Tourism Product Offered
11.10.3 Four Seasons Hotels Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 Four Seasons Hotels Main Business Overview
11.10.5 Four Seasons Hotels Latest Developments
11.11 Gwinganna Lifestyle Retreat
11.11.1 Gwinganna Lifestyle Retreat Company Information
11.11.2 Gwinganna Lifestyle Retreat Wellness Tourism Product Offered
11.11.3 Gwinganna Lifestyle Retreat Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 Gwinganna Lifestyle Retreat Main Business Overview
11.11.5 Gwinganna Lifestyle Retreat Latest Developments
11.12 Hilton
11.12.1 Hilton Company Information
11.12.2 Hilton Wellness Tourism Product Offered
11.12.3 Hilton Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 Hilton Main Business Overview
11.12.5 Hilton Latest Developments
11.13 Hyatt
11.13.1 Hyatt Company Information
11.13.2 Hyatt Wellness Tourism Product Offered
11.13.3 Hyatt Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.13.4 Hyatt Main Business Overview
11.13.5 Hyatt Latest Developments
11.14 Kamalaya
11.14.1 Kamalaya Company Information
11.14.2 Kamalaya Wellness Tourism Product Offered
11.14.3 Kamalaya Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.14.4 Kamalaya Main Business Overview
11.14.5 Kamalaya Latest Developments
11.15 Marriott
11.15.1 Marriott Company Information
11.15.2 Marriott Wellness Tourism Product Offered
11.15.3 Marriott Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.15.4 Marriott Main Business Overview
11.15.5 Marriott Latest Developments
11.16 Mountain Trek
11.16.1 Mountain Trek Company Information
11.16.2 Mountain Trek Wellness Tourism Product Offered
11.16.3 Mountain Trek Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.16.4 Mountain Trek Main Business Overview
11.16.5 Mountain Trek Latest Developments
11.17 Rancho La Puerta
11.17.1 Rancho La Puerta Company Information
11.17.2 Rancho La Puerta Wellness Tourism Product Offered
11.17.3 Rancho La Puerta Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.17.4 Rancho La Puerta Main Business Overview
11.17.5 Rancho La Puerta Latest Developments
11.18 Wellness & Hormone Centers Of America
11.18.1 Wellness & Hormone Centers Of America Company Information
11.18.2 Wellness & Hormone Centers Of America Wellness Tourism Product Offered
11.18.3 Wellness & Hormone Centers Of America Wellness Tourism Revenue, Gross Margin and Market Share (2018-2023)
11.18.4 Wellness & Hormone Centers Of America Main Business Overview
11.18.5 Wellness & Hormone Centers Of America Latest Developments
12 Research Findings and Conclusion