The Latest Wellbeing Industry Statistics Explained
The global wellness market was valued at approximately USD 4.5 trillion in 2018.
The statistic “The global wellness market was valued at approximately USD 4.5 trillion in 2018” indicates the significant size and economic importance of the wellness industry on a global scale. This figure represents the overall market value of goods and services related to various aspects of wellness, such as personal care products, fitness, nutrition, and mental health services, among others. The high valuation underscores the growing emphasis placed by consumers and businesses on promoting health and well-being, reflecting a shift towards a more holistic approach to healthcare and lifestyle choices. The data suggest that wellness-related expenditures and investments play a vital role in driving economic growth and shaping consumer behavior worldwide.
Health and wellness tourism represents 16% of total tourism expenditures.
This statistic indicates that health and wellness tourism accounts for 16% of the total spending in the tourism industry. This sector of tourism encompasses travel activities that promote physical, mental, and emotional well-being, such as spa retreats, yoga retreats, and medical tourism. The relatively high percentage of total expenditures allocated to health and wellness tourism suggests a growing interest and investment in activities focused on improving and maintaining one’s health while traveling. This trend reflects a shift towards more holistic and mindful approaches to tourism, catering to individuals seeking relaxation, rejuvenation, and therapeutic experiences during their travels.
Wellness tourism grew from a $563 billion market in 2015 to $639 billion in 2017, growing more than twice as fast as general tourism.
The statistic indicates that the wellness tourism industry experienced significant growth between 2015 and 2017, increasing from a market value of $563 billion to $639 billion. This represents a substantial rise of $76 billion over a two-year period. Importantly, the growth rate of the wellness tourism industry was more than twice as fast as that of general tourism during the same time frame, highlighting the increasing popularity and importance of wellness-related travel experiences to consumers. This growth in wellness tourism underscores a shifting trend towards more health-conscious and holistic travel choices among individuals seeking to prioritize their well-being during their leisure and travel activities.
The global wellness industry grew 6.4% annually from 2015-2017.
The statistic that the global wellness industry grew 6.4% annually from 2015-2017 indicates that there was a consistent and significant increase in the overall economic activity within the wellness sector during that time period. This growth rate suggests a positive trend in consumer interest and spending on products and services related to health, fitness, and general well-being around the world. The 6.4% annual growth rate underscores the industry’s vitality and potential for further expansion, highlighting the increasing prioritization of wellness and self-care in contemporary society.
The global wellness real estate market was valued at USD 134 billion in 2017.
The statistic “The global wellness real estate market was valued at USD 134 billion in 2017” represents the total financial worth of the market focusing on wellness-oriented properties such as residential, commercial, and mixed-use developments that promote health and well-being. This value indicates the significant size and economic importance of the wellness real estate sector, which has been growing as individuals and communities increasingly prioritize health and wellness in their living and working environments. The figure of USD 134 billion reflects the total revenue generated by sales, leases, and other transactions within this market in 2017, serving as a key indicator of the industry’s scale and potential for economic impact.
Personal care, beauty and anti-aging products dominate the global wellness industry and are valued at USD 1,083 billion.
The statistic reveals that personal care, beauty, and anti-aging products constitute a major portion of the global wellness industry, with a significant market value of USD 1,083 billion. This indicates that consumers around the world are increasingly prioritizing their personal well-being and appearance, leading to a surge in demand for products that cater to skincare, beauty enhancement, and anti-aging solutions. The robust market value underscores the importance and widespread appeal of these products in today’s society, reflecting a growing trend towards self-care and investment in one’s physical appearance and health. The substantial market value also signifies the lucrative nature of the industry, as businesses continue to innovate and offer a diverse range of products to meet consumer needs in the personal care and wellness sector.
Physical activity, including gym memberships, was valued at USD 828 billion in 2018.
In 2018, the total economic value associated with physical activity, including expenses related to gym memberships, was estimated to be USD 828 billion. This statistic reflects the significant economic impact of the physical fitness industry on a global scale during that time period. The value includes a wide range of activities, such as gym memberships, sporting events, fitness equipment sales, and related services. The high valuation highlights the growing importance of health and wellness in modern societies, as individuals and governments increasingly invest in physical activity as a means of promoting overall well-being and reducing healthcare costs. The statistic underscores the substantial market demand and economic opportunities within the fitness industry.
Healthy eating, nutrition, and weight loss account for USD 702 billion of the wellness industry.
The statistic indicates that within the wellness industry, healthy eating, nutrition, and weight loss collectively contribute to a substantial economic impact of USD 702 billion. This suggests that there is a significant market for products, services, and programs related to promoting healthy eating habits, improving nutrition, and supporting weight loss efforts. It reflects the growing recognition of the importance of these factors in achieving overall wellness and highlights the significant investments individuals and industries are making in this area. This statistic underscores the significant size and influence of the healthy eating, nutrition, and weight loss segment within the larger wellness industry, highlighting the value placed on these aspects of health and well-being in contemporary society.
Wellness tourism will reach USD 919 billion by 2022.
The statistic “Wellness tourism will reach USD 919 billion by 2022” represents the projected global market value of wellness tourism by the year 2022. This forecasted figure indicates the growing popularity and economic significance of wellness tourism, which involves travel activities and experiences aimed at promoting physical, mental, and emotional well-being. The expected substantial increase in market value suggests a rising demand for wellness-related products and services, such as spa treatments, fitness retreats, and mindfulness programs, as individuals increasingly prioritize health and self-care in their travel decisions. The statistic underscores the potential opportunities for businesses and destinations within the wellness tourism sector to capitalize on this burgeoning market.
By 2027, the wellness tourism market is expected to reach USD 1.56 trillion.
The statistic indicates that the wellness tourism market is projected to grow significantly by the year 2027, reaching an estimated value of USD 1.56 trillion. This suggests a substantial increase in the global demand for wellness-related travel experiences and services over the next several years. Factors driving this growth may include increasing awareness and prioritization of health and well-being, as well as a growing trend towards experiential travel and personalized wellness offerings. The statistic highlights the potential economic opportunities within the wellness tourism industry and underscores the importance of catering to the evolving needs and preferences of travelers seeking health-focused experiences.
Health and wellness food sales reached USD 764 billion in 2018.
The statistic ‘Health and wellness food sales reached USD 764 billion in 2018’ indicates the total amount of revenue generated from the sales of food products that are marketed and perceived to have health benefits or contribute to overall wellness. This figure reflects the significant growth and consumer interest in healthier food options, driven by factors such as increasing health consciousness, rising disposable incomes, and greater awareness of the link between diet and well-being. The substantial size of this market highlights the importance of health and wellness trends in the food industry, as consumers seek out products that align with their desire for healthy and nutritious choices.
The workplace wellness industry is valued at USD 48 billion globally.
The statistic that the workplace wellness industry is valued at USD 48 billion globally indicates the substantial economic impact and growth of initiatives aimed at promoting employee health and well-being within organizations. This figure reflects the increasing recognition by companies of the importance of investing in their employees’ physical and mental health in order to improve productivity, reduce absenteeism, and attract and retain talent. The significant valuation of the workplace wellness industry suggests that organizations across the world are prioritizing the implementation of programs and services that support the overall well-being of their workforce, signaling a shift towards a more holistic approach to employee management and performance.
The spa economy was valued at USD 119 billion in 2017.
The statistic “The spa economy was valued at USD 119 billion in 2017” indicates the total monetary worth of the spa industry in terms of all goods and services produced within the sector during the specified year. This value encompasses a wide range of activities within the spa industry, such as spa treatments, wellness products, memberships, and related services. The significance of this statistic lies in highlighting the economic impact and scale of the spa industry, illustrating its contribution to the overall economy in terms of revenue generation, job creation, and consumer spending. The figure of USD 119 billion serves as a benchmark for assessing the size and growth of the spa economy, offering insights into trends and opportunities within this sector.
Thermal and mineral springs facilities generate USD 56 billion annually.
The statistic that thermal and mineral springs facilities generate USD 56 billion annually indicates the significant economic impact of this sector on a global scale. These facilities cater to a wide range of visitors seeking health benefits, relaxation, and leisure activities, contributing substantially to local economies and the tourism industry. This figure underscores the financial importance and consumer demand for thermal and mineral springs services, as well as the potential for further growth and development in this market segment.
There are 149,000 spa properties globally.
The statistic ‘There are 149,000 spa properties globally’ indicates the total number of establishments offering spa services across the world. This data point serves as a broad measure of the global spa industry’s size and presence, highlighting the significant number of businesses that cater to health and wellness services. The figure of 149,000 reflects the widespread popularity and demand for spa treatments and relaxation services on a global scale, showcasing the industry’s growth and role in promoting health and well-being across various countries and regions. Furthermore, this statistic could be used to analyze market trends, benchmarking purposes, and strategic decision-making within the spa and wellness sector.
The Asia-Pacific market holds a 30% share of the wellness tourism market.
The statistic that the Asia-Pacific market holds a 30% share of the wellness tourism market indicates that a significant portion of global wellness tourism activities are concentrated in the Asia-Pacific region. This suggests that the region is a popular destination for individuals seeking wellness-related experiences such as spa retreats, yoga retreats, meditation centers, and other health and wellness offerings. The high market share also implies that the Asia-Pacific region is likely to have a well-developed infrastructure for wellness tourism, including a variety of facilities, services, and experiences catering to the needs of wellness travelers. Additionally, this statistic highlights the region’s potential as a key player in the global wellness tourism industry, with opportunities for growth and further development in this sector.
North America has a 33% share of the global spa market.
The statistic “North America has a 33% share of the global spa market” indicates that North America, which includes countries such as the United States and Canada, accounts for approximately one-third of the total market for spa services worldwide. This suggests that North America is a significant player in the spa industry, with a substantial portion of the market’s revenue, establishments, and consumer demand originating from this region. The statistic highlights North America’s influence and dominance in the global spa market, showcasing the region’s strong foothold and competitiveness in providing spa-related services and experiences compared to other regions around the world.
The number of wellness tourism trips is expected to reach 1.2 billion by 2022.
The statistic stating that the number of wellness tourism trips is projected to reach 1.2 billion by 2022 indicates a significant growth in the global wellness tourism industry. This figure implies that an increasing number of individuals are seeking travel experiences focused on promoting their physical, mental, and emotional well-being. Factors contributing to this projected growth may include a rising awareness of the importance of self-care and holistic health practices, as well as an increasing trend towards experiential and mindful travel. The statistic suggests that the market for wellness tourism is expanding rapidly, presenting opportunities for businesses and destinations to cater to the growing demand for wellness-focused travel experiences.
The global corporate wellness market is predicted to reach USD 93.4 billion by 2027.
The statistic that the global corporate wellness market is predicted to reach USD 93.4 billion by 2027 indicates a significant growth trend in the industry over the forecast period. This projection suggests an increasing emphasis on employee health and well-being within the corporate sector, driven by various factors such as rising healthcare costs, a greater awareness of the importance of employee wellness, and the need for companies to improve productivity and employee retention. The substantial market value also highlights the potential for investment and innovation in corporate wellness programs and services, as organizations seek to create healthier and more engaged workforces.
The wellness tourism industry created 1.8 million jobs in 2017.
The statistic “The wellness tourism industry created 1.8 million jobs in 2017” indicates that in the year 2017, the sector of wellness tourism contributed to the employment of 1.8 million individuals. This statistic highlights the significant role that the wellness tourism industry played in job creation during that year. This could imply opportunities for job seekers, economic growth in regions where wellness tourism is prominent, and potentially increased demand for skilled workers in fields related to health, fitness, and tourism. The statistic suggests that the wellness tourism industry is a major player in the global job market, making a significant contribution to overall employment figures for the year 2017.
References
0. – https://www.www.alliedmarketresearch.com
1. – https://www.www.statista.com
2. – https://www.globalwellnessinstitute.org
3. – https://www.www.researchandmarkets.com
4. – https://www.www.globenewswire.com
5. – https://www.www.wttc.org
6. – https://www.www.mordorintelligence.com
