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Global Wellness Tourism Market Report By Service Type (Transport, Lodging, Food & Beverage, Shopping, And Others), Location (Domestic And International) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028
ID:VMR11210141
April 2021
Report Formats: Electronic (PDF), MS EXCEL
As per this study the Global Wellness Tourism Market was valued USD 922.44 BN (by revenue) in 2021 and is anticipated to reach USD 1582.95 BN by 2028 with a CAGR of 8.02%.
Nowadays, traveling places and facilities such as hospitals, clinics, wellness SPAs, fitness centers, and wellness resorts to enhance the mental, as well as physical health, is a part of the lifestyle of the consumers. This changes in behaviors have made way for wellness tourism which involves the improvement of health and personal well-being via psychological, physical, and spiritual activities. This industry also serves for various industries such as transport, lodging, food & beverage, shopping, and others.
Objectives of the Study:
Market Dynamics
Growth in the global middle class and changing the lifestyle of people owing to hectic routine is predicted to drive the industry growth. Also, rising cases of obesity and chronic diseases among people around the globe further fuels the growth. However, high cost associated with the facility is likely to hinder the market growth. Nevertheless, the enhancement of ecotourism, cultural tourism, and sports tourism is likely to create many new opportunities for the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of wellness tourism.
Market Segmentation
The broad wellness tourism market has been sub-grouped into Service Type and Location. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Service Type
By Location
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for wellness tourism in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Wellness Tourism Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the wellness tourism market include AccorHotels, Canyon Ranch, Carlson Rezidor Hotel Group, Four Seasons Hotels Ltd., Hilton Worldwide Holdings Inc., Hyatt Corporation, Marriott International, Inc., Omni Hotels & Resorts, PRAVASSA, and Rancho La Puerta Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
Nowadays, traveling places and facilities such as hospitals, clinics, wellness SPAs, fitness centers, and wellness resorts to enhance the mental, as well as physical health, is a part of the lifestyle of the consumers. This changes in behaviors have made way for wellness tourism which involves the improvement of health and personal well-being via psychological, physical, and spiritual activities. This industry also serves for various industries such as transport, lodging, food & beverage, shopping, and others.
Objectives of the Study:
- Define and measure the global wellness tourism market
- Revenue forecast of the global wellness tourism market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments
Market Dynamics
Growth in the global middle class and changing the lifestyle of people owing to hectic routine is predicted to drive the industry growth. Also, rising cases of obesity and chronic diseases among people around the globe further fuels the growth. However, high cost associated with the facility is likely to hinder the market growth. Nevertheless, the enhancement of ecotourism, cultural tourism, and sports tourism is likely to create many new opportunities for the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of wellness tourism.
Market Segmentation
The broad wellness tourism market has been sub-grouped into Service Type and Location. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Service Type
- Transport
- Lodging
- Food & Beverage
- Shopping
- Others (Telecom, Insurance, and Travel Agencies)
By Location
- Domestic
- International
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for wellness tourism in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Wellness Tourism Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the wellness tourism market include AccorHotels, Canyon Ranch, Carlson Rezidor Hotel Group, Four Seasons Hotels Ltd., Hilton Worldwide Holdings Inc., Hyatt Corporation, Marriott International, Inc., Omni Hotels & Resorts, PRAVASSA, and Rancho La Puerta Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Frequently Asked Questions (FAQs) about this Report
b. The global wellness tourism market size was estimated to be worth USD 922.44 Billion in 2021.
b. For the years 2023-2028, the global wellness tourism market growth is expected to be around 8.02%.
b. The global wellness tourism market is currently dominated by North America.
b. The global wellness tourism market is segmented by Service Type (Transport, Lodging, Food & Beverage, Shopping, And Others), by Location (Domestic And International).
b. The leading players in the global wellness tourism market are AccorHotels, Canyon Ranch, Carlson Rezidor Hotel Group, Four Seasons Hotels Ltd., Hilton Worldwide Holdings Inc., Hyatt Corporation, Marriott International Inc., Omni Hotels & Resorts, PRAVASSA, and Rancho La Puerta Inc.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . WELLNESS TOURISM – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Service Type
3.7.2 By Location
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL WELLNESS TOURISM MARKET ANALYSIS BY SERVICE TYPE
6.1 Overview by Service Type
6.2 Historical and Forecast Data
6.3 Analysis by Service Type
6.4 Transport Market by Regions
6.5 Lodging Market by Regions
6.6 Food & Beverage Market by Regions
6.7 Shopping Market by Regions
6.8 Others Market by Regions
7 . GLOBAL WELLNESS TOURISM MARKET ANALYSIS BY LOCATION
7.1 Overview by Location
7.2 Historical and Forecast Data
7.3 Analysis by Location
7.4 Domestic Market by Regions
7.5 International Market by Regions
8 . GLOBAL WELLNESS TOURISM MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE WELLNESS TOURISM COMPANIES
9.1. Wellness Tourism Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF WELLNESS TOURISM INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. AccorHotels
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Canyon Ranch
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Carlson Rezidor Hotel Group
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Four Seasons Hotels Ltd.
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Hilton Worldwide Holdings Inc.
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. Hyatt Corporation
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Marriott International, Inc.
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Omni Hotels & Resorts
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. PRAVASSA
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. Rancho La Puerta Inc.
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Service Type (USD MN)
- Transport Market by Geography (USD MN)
- Lodging Market by Geography (USD MN)
- Food & Beverage Market by Geography (USD MN)
- Shopping Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Analysis Market by Location (USD MN)
- Domestic Market by Geography (USD MN)
- International Market by Geography (USD MN)
- Global Wellness Tourism Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Wellness Tourism Report
- Market Research Process
- Market Research Methodology
- Global Wellness Tourism Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Service Type
- Market Attractiveness Analysis by Location
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Service Type (USD MN)
- Transport Market by Geography (USD MN)
- Lodging Market by Geography (USD MN)
- Food & Beverage Market by Geography (USD MN)
- Shopping Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market Analysis by Location (USD MN)
- Domestic Market by Geography (USD MN)
- International Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments