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.
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.
Global Sports Tourism Market – Global sports tourism market is segmented by product (soccer tourism, cricket tourism, tennis tourism, and others), type (domestic sports tourism and international sports tourism), category (passive sports tourism and active sports tourism), and geography (Europe, APAC, North America, South America, and MEA).
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Global Spa Market – Global spa market is segmented by type (day/club/salon spa, hotel/resort spa, destination spa, medical spa, and others) and geography (Europe, APAC, North America, South America, and MEA).
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|Wellness Tourism Market Scope|
|Growth momentum & CAGR||Accelerate at a CAGR of over 7%|
|Market growth 2020-2024||USD 315.47 billion|
|YoY growth (%)||6.43|
|Regional analysis||North America, Europe, APAC, South America, and MEA|
|Performing market contribution||North America at 33%|
|Key consumer countries||US, Germany, France, China, and Japan|
|Competitive landscape||Leading companies, competitive strategies, consumer engagement scope|
|Companies profiled||Aspira 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 Dynamics||Parent 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 purview||If 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
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