NEW YORK, Jan. 11, 2022 /PRNewswire/ —
Wellness Tourism Market Info at a Look-
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Complete Pages: 120
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Corporations: 10+ – Together with Aspira Spa, Clinique La Prairie, Gaia Retreat & Spa, Hand & Stone Franchise Corp., HOT SPRINGS RESORT & SPA, Kempinski Resorts SA, Lanserhof GmbH, Marriott Worldwide Inc., ME SPE Franchising LLC, and Rancho La Puerta Inc.
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Protection: Key drivers, developments, and challenges; Product insights & information; Worth chain evaluation; Guardian market evaluation; Vendor panorama; COVID impression & restoration evaluation
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Segments: Kind (home and worldwide) and Software (bodily, psychological, and religious)
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Geographies: North America, Europe, APAC, South America, and MEA
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In keeping with the current market research by Technavio, the Wellness Tourism Market Size is anticipated to extend by USD 315.47 billion from 2019 to 2024, progressing at a CAGR of seven% in the course of the forecast interval. The report supplies an in depth evaluation of drivers & alternatives, prime profitable methods, aggressive situation, future market developments, market dimension & estimations, and main funding pockets.
North America will register the very best progress charge, occupying 33% of the worldwide market share. The US is the important thing marketplace for wellness tourism in North America. The market progress on this area shall be slower than the expansion of the market in APAC, Europe, MEA, and South America.
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Vendor Insights-
The wellness tourism market is fragmented because of the presence of a number of regional and worldwide gamers. Distributors within the bread market are competing by adopting numerous natural and inorganic progress methods.
Aspira Spa: The corporate provides a broad vary of providers and services similar to spa providers and courses, eating, and lodging amongst others.
Clinique La Prairie: The corporate provides spas, full-body checkups, and yoga providers for purchasers.
Gaia Retreat & Spa: The corporate provides a line of retreat packages similar to spa providers, lodging, eating, and health packages to attain whole leisure and/or particular wants similar to detox, weight reduction, well being, health, and common well-being amongst others.
Hand & Stone Franchise Corp.: The corporate provides facial, therapeutic massage, yoga, and weight reduction actions for purchasers.
HOT SPRINGS RESORT & SPA: The corporate provides a variety of providers similar to spa providers, lodging, and occasion services amongst others for recreation and wellbeing.
Discover extra highlights on the distributors and their product choices. Download Free Sample Report
Regional Market Outlook
The wellness tourism market progress in North America shall be important in the course of the forecast interval. The expansion of the wellness tourism market in North America could be attributed to elements similar to the supply of a variety of spa remedies, anti-aging remedies, and the prevalence of a big fitness-conscious inhabitants. As well as, the entry of many new distributors and the presence of numerous established distributors are contributing to the expansion of the regional market.
Download our FREE sample report for extra key highlights on the regional market share of a lot of the above-mentioned international locations.
Newest Drivers & Developments Driving the Market-
Elements similar to work stress, societal expectations, and financial issues are growing stress ranges amongst folks. As an example, yearly, about 20 out of 100 people within the US expertise stress and temper problems similar to despair and bipolar despair. The growing ranges of stress is creating opposed results on the life-style and well being which may result in power problems similar to weight problems, diabetes, coronary heart illnesses, and most cancers. Therefore, to beat stress, many individuals are indulging in stress-free actions and ebook wellness excursions to assist rejuvenate themselves. All these elements are driving the expansion of the worldwide wellness tourism market.
The elevated penetration of the web has been enabling small on-line companies to give attention to aggregating info on wellness journey and lodging. By leveraging the information, these small companies are creating on-line repositories and monitoring consumer preferences and upcoming developments out there. That is serving to them entry on-line info and give attention to delivering efficient providers primarily based on evaluations obtained on specific service or wellness facilities. This pattern is anticipated to have a optimistic impression on the expansion of the worldwide wellness tourism market in the course of the forecast interval.
Discover extra details about numerous different market Drivers & Developments talked about in our FREE sample report.
Associated Stories:
Health and Wellness Market by Product and Geography – Forecast and Analysis 2021-2025
Wellness Tourism Market Scope |
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Report Protection |
Particulars |
Web page quantity |
120 |
Base yr |
2019 |
Forecast interval |
2020-2024 |
Progress momentum & CAGR |
Speed up at a CAGR of seven% |
Market progress 2021-2024 |
USD 315.47 billion |
Market construction |
Fragmented |
YoY progress (%) |
6.43 |
Regional evaluation |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 33% |
Key client international locations |
US, Germany, France, China, and Japan |
Aggressive panorama |
Main corporations, aggressive methods, client engagement scope |
Corporations profiled |
Aspira Spa, Clinique La Prairie, Gaia Retreat & Spa, Hand & Stone Franchise Corp., HOT SPRINGS RESORT & SPA, Kempinski Resorts SA, Lanserhof GmbH, Marriott Worldwide Inc., ME SPE Franchising LLC, and Rancho La Puerta Inc. |
Market Dynamics |
Guardian market evaluation, Market progress inducers and obstacles, Quick-growing and slow-growing phase evaluation, COVID-19 impression and future client dynamics, market situation evaluation for the forecast interval. |
Customization purview |
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SOURCE Technavio