Wellness Tourism Market Size to Increase by USD 315.47 Bn | 33% Growth to Originate in North America

The “Wellness Tourism Market by Type, Application, and Geography – Forecast and Analysis 2020-2024” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the wellness tourism market between 2020 and 2024 is USD 315.47 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Attractive Opportunities in Wellness Tourism Market by Type, Application, and Geography - Forecast and Analysis 2020-2024
Attractive Opportunities in Wellness Tourism Market by Type, Application, and Geography – Forecast and Analysis 2020-2024

Key Market Dynamics: 

  • Market Driver  
  • Market Challenges 

The growth in personal wellness awareness and the emergence of online wellness aggregators are some of the key factors influencing the market growth positively in the upcoming years. However, the barriers in providing a holistic customer experience might limit the market growth. 

Learn about additional drivers, trends, and challenges influencing the market in our full report.
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The wellness tourism market report is segmented by type (domestic and international), application (physical, psychological, and spiritual), and geography (North America, Europe, APAC, South America, and MEA).  In terms of geography, 33% of the market’s growth will originate from North America. The US is the key market for wellness tourism in North America.

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Companies mentioned with their offerings

  • Aspira Spa: The company offers salon, spa, facials, and sauna. 
  • Clinique La Prairie: The company offers spas, full-body checkup, and yoga services for customers. 
  • Gaia Retreat & Spa 
  • Hand & Stone Franchise Corp. 
  • HOT SPRINGS RESORT & SPA 
  • Gain access to more vendor profiles featured in the report. Click Here.

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Wellness Tourism Market Scope
Report CoverageDetails
Page number120
Base year2019
Forecast period2020-2024
Growth momentum & CAGRAccelerate at a CAGR of over 7%
Market growth 2020-2024USD 315.47 billion
Market structureFragmented
YoY growth (%)6.43
Regional analysisNorth America, Europe, APAC, South America, and MEA
Performing market contributionNorth America at 33%
Key consumer countriesUS, Germany, France, China, and Japan
Competitive landscapeLeading companies, competitive strategies, consumer engagement scope
Companies profiledAspira Spa, Clinique La Prairie, Gaia Retreat & Spa, Hand & Stone Franchise Corp., HOT SPRINGS RESORT & SPA, Kempinski Hotels SA, Lanserhof GmbH, Marriott International Inc., ME SPE Franchising LLC, and Rancho La Puerta Inc.
Market DynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period
Customization purviewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered: 

  • Executive Summary  
  • Market Landscape  
  • Market Sizing  
  • Five Forces Analysis  
  • Market Segmentation  
  • Customer landscape  
  • Geographic landscape  
  • Vendor landscape  
  • Vendor Analysis  
  • Appendix

About Us 

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research 
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Media & Marketing Executive 
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UK: +44 203 893 3200 
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Website: www.technavio.com/

SOURCE Technavio

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