Growing need for detoxification and stress-relief is expected to fuel demand for wellness tourism globally. In addition, prevalence of chronic diseases is expected to impact growth of the global wellness tourism market positively. This report, compiled by Fact.MR, provides in-depth analysis of the global wellness tourism market for the forecast period 2017-2026, and offers key insights about future market direction.
Growing need to maintain health through various psychological, spiritual and physical activities has led to an upsurge in demand for spa therapies and relaxing treatments. Increasing demand for refreshing meditation, exercise, rejuvenating traditional therapies and healthy food is expected to rev up growth of the global wellness tourism market significantly. Fast-paced and stressful lifestyle leads to increasing body pain in joints and other parts of body.
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Chronic Diseases to Underscore Significant Growth Opportunities
Prevalence of chronic diseases such as arthritis, heart disease and obesity is expected to rev up demand for wellness tourism globally. According to CDC, 3 in 4 citizens in the U.S. who fall in the age bracket of 65 years and above have multiple chronic conditions including diabetes, high blood pressure and arthritis. Increasing demand for chronic care management has further led customers to spend on wellness tourism.
In order to offer readers with up-to-date information about the latest advancements in the global wellness tourism market, the report provides updates about market opportunities, which can benefit leading manufacturers of wellness tourism. With continuous evolution of the consumer goods sector, keeping a record of latest developments and trends is fundamental for wellness tourism manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
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Growth of the wellness tourism market is projected to be bound by various macro-economic and micro-economic factors. Increasing number of tourists from various developed and developing countries prefer spending on wellness travelling plans in order to maintain their well-being and health. As maintaining health and well-being is becoming important, the leading players in the hospitality sector are increasingly capitalizing on the health-conscious customers. In order to accommodate the health-conscious customers, the market players in the hospitality industry are offering in-room yoga mats and incorporating fitness facilities in their hotels. Demand for the wellness tourism is projected to remain bound to growing need for pain and stress management during the forecast period.
Considering the wide scope of the global wellness tourism market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The wellness tourism market has been categorized on the basis of tourism type, and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
Leading market players operating in the global wellness tourism market include Accor, Allergan, Canyon Ranch, Carlson Rezidor, Four Seasons, Fitpacking, Galderma, Hilton, Hyatt, IHG, Ipsen, KPJ Healthcare, Marriott, Miraval Resort & Spa, Mövenpick, Omni Hotels Management, Pravassa, Rancho La Puerta, Shangri-La and Starwood.
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Wellness Tourism Market: Stressful Lifestyle to Boost Demand
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