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Wellness Tourism Market Size, Share Global Analysis Report, 2021 – 2026
Wellness Tourism Market By Service (In-Country Transportation, Lodging, Food & Beverages, Wellness Activities, Shopping, & Others), By Travel Mode (Primary & Secondary), By Type (Domestic & International), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026
Industry Insights
[205+ Pages Report] Facts & Factors recently published the “Global Wellness Tourism Market” report that encompasses the spectacle of the market in an analytical and comprehensive manner. In this study, the global wellness tourism market is expected to reach USD 1,468.3 Billion by 2026 from an initial value of USD 802.6 Billion in the year 2020 growing at a CAGR of 8.7%.
Market Overview
Wellness tourism is the association of traveling measures for the sole purpose of advancing health and well-being through various means such as physical, psychological, and spiritual activities. These measures and solutions further have the ability for integrating physical fitness/beauty and care, healthy nutritional diet, relaxation/meditation, and mental activity/education to name a few. Wellness tourism affects many aspects of life such as health, social, and economic well-being.
Industry Growth Factors
The global wellness tourism market is expected to grow due to the rising demand for various wellness services coupled with increased expenditure in the tourism sector to name a few. Additionally, integration of spa therapies and other wellness activities coupled with the rising number of consumers attaining a healthier lifestyle will increase the footprint of the global wellness tourism market during the advent of the forecast period. Moreover, hectic work schedules and increasing sedentary lifestyles of the working population will further boost the growth of the global wellness tourism market during the advent of the forecast period.
The global wellness tourism market is driven by the rising disposable income among consumers coupled with rising M&As and collaborations to name a few. Factors such as rising instances of diabetes, obesity, and high cholesterol levels will fuel the growth of the global wellness tourism market during the advent. However, lower consumer awareness coupled with a higher cost of treatment will push the boundaries of the global wellness tourism market to a lower extent during the forecast period.
Segmentation Analysis
The global wellness tourism market is segmented into service, travel mode, type, and region.
The global wellness tourism market is classified into in-country transportation, lodging, food & beverages, wellness activities, shopping, and others on the basis of service. The segment pertaining to good activities is expected to witness the fastest growing CAGR during the advent of the forecast period owing to the rising number of consumers willing to spend a larger amount coupled with the rising number of activities such as Ayurveda treatments, yoga, meditation, and agricultural tourism-based activities to name a few. Based on travel mode, the global wellness tourism market can be divided into primary and secondary. The secondary travel segment is expected to occupy the largest market share during the advent of the forecast period due to healthful activities, spa treatments, and mind & body experiences attracting a larger consumer base. The global wellness tourism market is categorized into domestic and international on the basis of type. The segment pertaining to domestic is expected to occupy the largest market share during the advent of the forecast period owing to rising expenditure spending by consumers on a global and regional overview coupled with the rising number of trips on an inter-region format to name a few.
Report Scope
Report Attribute |
Details |
Market Size in 2020 |
USD 802.6 Billion |
Projected Market Size in 2026 |
USD 1,468.3 Billion |
CAGR Growth Rate |
8.7% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Accor Hotels, Hilton Worldwide, Hyatt Hotels, InterContinental Group, Marriot International, Radisson Hospitality, Rosewood Hotels, Canyon Ranch, Four Seasons Hotel Ltd, Omni Hotels & Resorts, Rancho La Puerta Inc., and Others |
Key Segment |
Service, Travel Mode, Types, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Regional Analysis
Europe is expected to witness the largest market share during the advent of the forecast period owing to the region being a popular travel destination coupled with the increasing need for wellness services and activities to name a few. Additionally, rising cases pertaining to stress-related health issues coupled with an increasing number of spas will further increase the footprint of the global wellness tourism market during the advent of the forecast period. Asia-Pacific is expected to witness the fastest growing CAGR during the advent of the forecast period owing to rising disposable income among consumers and an increasing number of regulatory bodies in the region to name a few. Additionally, the penetration of international players in the region coupled with increasing consumers attaining to a well-structured lifestyle will fuel the growth of the global wellness tourism market during the advent of the forecast period.
Competitive Players
The key market participants for the global wellness tourism market are
- Accor Hotels
- Hilton Worldwide
- Hyatt Hotels
- InterContinental Group
- Marriot International
- Radisson Hospitality
- Rosewood Hotels
- Canyon Ranch
- Four Seasons Hotel Ltd
- Omni Hotels & Resorts
- Rancho La Puerta Inc.
By Service Segment Analysis
- In-Country Transportation
- Lodging
- Food & Beverages
- Wellness Activities
- Shopping
- Others
By Travel Mode Segment Analysis
- Primary
- Secondary
By Type Segment Analysis
- Domestic
- International
By Regional Segment Analysis
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Table of Content
Industry Major Market Players
- Accor Hotels
- Hilton Worldwide
- Hyatt Hotels
- InterContinental Group
- Marriot International
- Radisson Hospitality
- Rosewood Hotels
- Canyon Ranch
- Four Seasons Hotel Ltd
- Omni Hotels & Resorts
- Rancho La Puerta Inc.
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