New Study Reveals Wellness Tourism Now A 639 Billion Market To Reach 919 Billion By 2022
The global wellness tourism industry is predicted to be worth around 1.2 trillion u.s. dollars in 2027, a significant increase from the 735.8 billion u.s. dollars market size in 2020. read more. The global wellness tourism market attained a value of usd 732 billion in 2020, driven by the enhancement of eco, cultural, and sports tourism. aided by the rising disposable incomes, the market is expected to witness a further growth in the forecast period of 2022 2027, growing at a cagr of 7%. the market is projected to reach usd 1098.5 billion by 2026. According to the recent market study by technavio, the wellness tourism market size is expected to increase by usd 315.47 billion from 2019 to 2024, progressing at a cagr of 7% during the forecast. The global wellness tourism market size is expected to grow at a robust cagr of 10.2% during the forecast period from 2021 2028, however, mrfr predicts that one of the factors inhibiting this expansion will be lack of awareness about quality standards among providers due to low government regulation. Wellness tourism is a $639 billion market in 2017, projected to reach $919 billion by 2022. wellness tourism grew by 6.5 percent annually from 2015–2017, more than twice as fast as tourism overall (3.2 percent annually, based on euromonitor data).
Global Wellness Tourism Market Set For Rapid Growth To Reach Value Usd 1 131 5 Billion By 2025
Number of wellness tourism trips and expenditures (inbound and domestic) source: global wellness institute executive summary wellness tourism is travel associated with the pursuit of maintaining or enhancing one’s personal wellbeing. gwi estimates wellness tourism is a $639 billion global market in 2017, growing more than twice as fast as general. 9. the wellness tourism is projected to reach us$1.2 trillion by 2027. according to business wire, the global market for wellness tourism is projected to reach us$1.2 trillion by 2027, growing at a cagr of 6.6% over the period 2020 2027. the wellness tourism market in the u.s. was estimated at us$212.7 billion for 2020. The global health and wellness market will grow by $ 1,299.84 bn during 2020 2024. wellness tourism market size and forecast 2019 2024 market drivers volume driver demand led growth.
Wellness Tourism Market Size Share Growth Analysis Report 2021 2026
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Why Is Wellness Travel Becoming A Trend?
wellness travel is all about ridding yourself of all the nagging thoughts and worries that haunt you in everyday life. it could be wellness travel has reached a turning point. moving from a niche product that is typically enjoyed by the higher end of the market, this event took place at #wtm14, excel london on tuesday 4 november. this session looks into how the reality of consumer theaudiopedia what is wellness tourism? what does wellness tourism mean? wellness wellness is becoming less of a luxury and more of a necessity. gain an overview of the topic and what opportunities this could thuringia is blessed with many health spas. wellness is only one of the attractions in thuringia. besuchen sie die here's what's behind the disconnect between the wellness and health care industries. wellness is the new luxury discover the group's well being strategy in response to emerging trends and the high expectations of the rising cost of health care is causing some americans to find cheaper options abroad. cbs news travel editor peter greenberg wellness tourism is a rapidly growing sector of the travel industry. it focuses on health and wellness as the core of the travel katherine droga, founder droga & co, adam glickman, principal of parallax wellness hospitality, and the wellness tourism wellness tourism is clearly on the rise. whether travellers are looking to escape for a two week yoga and meditation retreat in