“Global Wellness Tourism Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Wellness Tourism Market by region.
Global Wellness Tourism Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2031.
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Wellness tourism is a traveling activity that is performed for promoting health and wellness and improves the individual’s physical, psychological, and spiritual well-being. The growing investments in infrastructure development, rising incidences of mental and physical disease, coupled with the increasing proliferation of the internet and smart devices are the key factors excelling the market growth across the globe. For instance, as per Statista, in 2020, there were around 749.07 million people who were accounted as internet users, and the figure is projected to rise and account for nearly 1,134.04 million people by the year 2025. Accordingly, the growing penetration of the internet is exhibiting a huge influence on the wellness tourism activities among the population, which, in turn, accelerates the global market growth. However, political unrests and rising terrorist attacks impede the growth of the market over the forecast period of 2022-2028. Also, the rising consumer expenditure on health and wellness and rapid growth of the middle-class population are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Wellness Tourism Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising need for wellbeing services and increasing cases of stress-associated health problems. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing popularity of various exotic destinations in countries such as India, China, Singapore, Thailand, and Malaysia would create lucrative growth prospects for the Wellness Tourism Market across the Asia-Pacific region.
Major market players included in this report are:
- Hilton Worldwide
- Accor Hotels
- Hyatt Hotels
- Rancho La Puerta, Inc.
- Marriot International
- Rosewood Hotels
- InterContinental Group
- Omni Hotels & Resorts
- Radisson Hospitality
- Four Seasons Hotels
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Service Type:
Transport
Lodging
Food & Beverage
Shopping
Activities & Excursion
Others
By Location:
Domestic
International
By Region:
North America: U.S., Canada
Europe: UK, Germany, France, Spain, Italy, Rest of Europe (ROE)
Asia Pacific: China, India, Japan, Australia, South Korea, Rest of Asia Pacific (RoAPAC)
Latin America: Brazil, Mexico, Rest of Latin America (RoLA)
Rest of the World
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Report Overview:
This research offers a comprehensive exploration of the emerging trends poised to shape the future business landscape. It delves deep into the pivotal factors driving the growth of the Wellness Tourism market over the projected period. Furthermore, the report sheds light on strategic initiatives undertaken by leading industry players to fortify their market positions.
Market Dynamics:
Encompassing a global perspective, this study presents insights into the influential entities within the worldwide Wellness Tourism market. It encompasses contact details, sales figures, and global market estimates. The research draws from reputable sources and institutions, aggregating a wealth of information and insightful analysis pertaining to the global Wellness Tourism market.
Marketing Insights:
The study furnishes essential facts and statistics relevant for marketers, consultants, and decision-makers navigating the global Wellness Tourism market landscape. With comprehensive regional breakdowns, this research offers a vital resource for newcomers venturing into the global Wellness Tourism market. It encapsulates indispensable insights extracted from the Wellness Tourism Market domain, facilitating informed decision-making processes.
This report covers several key questions related to the global Wellness Tourism market, including:
- What can be expected for the Wellness Tourism market in the next decade?
- What are the primary drivers of growth in the global Wellness Tourism market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Wellness Tourism market vary based on the size of the end market?
- What is the breakdown of Wellness Tourism by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Wellness Tourism market?
Our most recent research report showcases the thriving expansion of the global Wellness Tourism Market and offers in-depth insights into the projected market size, share, and revenue until 2031.
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