Global Wellness Tourism Market Size study, By Service Type (Transport, Lodging, Food & Beverage, Shopping, Activities & Excursion, Others), By Location (Domestic, International), and Regional Forecasts 2022-2028

Global Wellness Tourism Market Size study, By Service Type (Transport, Lodging, Food & Beverage, Shopping, Activities & Excursion, Others), By Location (Domestic, International), and Regional Forecasts 2022-2028

Global Wellness Tourism Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. 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

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
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Wellness Tourism Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors



Companies Mentioned

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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