Health and Wellness Tourism Market Trend and Analysis of Traveller Types, Key Destinations, Challenges and Opportunities, 2022 Update

Health and Wellness Tourism Market Trend and Analysis of Traveller Types, Key Destinations, Challenges and Opportunities, 2022 Update

Summary

An analysis of traveler types, key market trends, key destinations, challenges and opportunities for the health & wellness travel space

Key Highlights

• In 2021 projected health & wellness tourism inbound trips rose by compared to 2020. While global travel was halted due to COVID-19 travel restrictions, interest in health and wellness travel has remained strong. Had COVID-19 restrictions not impacted global travel it is highly likely that the previous boom seen in pre-pandemic years would have continued.
• Some countries more than others are more predisposed to wellness travel, however, total global wellness inbound arrivals from 2014 to 2019, before the impacts of the COVID-19 pandemic, grew at a 4.1% CAGR. GlobalData predicts that arrivals will continue to grow from 2021 onwards, with a forecast CAGR of 4.7% from 2021 to 2024.
• Further to this, due to the impact of COVID-19 on travelers globally, there is a renewed focus on mental health and wellbeing, due to billions of people across the world having their lifestyles altered to prevent COVID-19 from spreading. This increased focus will inevitably lead to an increased interest in health and wellness holidays in the near future with global travel restrictions starting to be lifted.

• This report provides analysis of key market trends, COVID-19 impacts, and premiumization in the health & wellness industry. Major analysis of health & wellness trends is undertaken to provide valuable insight. Challenges along with opportunities in the industry are explained.

• Gain an insight into health & wellness tourism’s leading trends, understand how they have adapted to the threat of COVID-19, understand the key traveler types that health & wellness destinations can look to attract, look at the key product developments and why they appeal, gain a detailed understanding of the key trends, issues and challenges facing health & wellness destinations.