Subject: MRR
Wellness Tourism Market to grow by USD 327.56 Bn, increase in mental illness to boost market growth, Accor SA and Cal A Vie Health Spa emerge as Key Contributors to growth - Technavio
NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Technavio has been monitoring the Wellness Tourism Market, operating under the Consumer Discretionary market. The latest report expects the market to register an incremental growth of USD 327.56 billion, at a CAGR of 7.55% during the forecast period.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Accor SA, Cal A Vie Health Spa, Canyon Ranch, Clinique La Prairie, Four Seasons Hotels Ltd., Gaia Retreat and Spa, Hand and Stone Massage and Facial Spa, HOT SPRINGS RESORT and SPA, Hyatt Hotels Corp., Red Carnation Hotels UK Ltd., Six Senses Hotels Resorts Spas, The Mineral Spa, and Woodhouse Day Spas LLC are among some of the major market participants. Request Free Sample Report.
The increase in mental illness has been instrumental in driving the growth of the market. However, the Perception of wellness tourism as a luxury travel market might hamper the market growth.
Wellness Tourism Market Segmentation
The wellness tourism market share growth by the physical segment will be significant during the forecast period. At present, urbanization and the domination of technology over many physical activities have led to a sedentary lifestyle. It has been noted that the lack of exercise or physical activity, poor nutrition, and other harmful habits are the major causes of chronic diseases. Buy Sample Report.
This report provides an accurate prediction of the contribution of all the segments to the growth of the superfood powders market size.
- Application
- Physical
- Psychological
- Spiritual
- Type
- Domestic
- International
- Geography
- North America
- Europe
- APAC
- South America
- The Middle East And Africa
Wellness Tourism Market Geographic Segmentation
North America will account for 32% of market growth. North America's largest market for wellness travel is the US. The market in this region will expand more slowly than markets in other regions. Spa services, anti-aging remedies, and the prevalence of a sizable population who is fitness aware will all contribute to the growth of the wellness tourism market in North America over the forecast period. Download Sample Report.
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Wellness Tourism Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 7.55% |
Market growth 2022-2026 | $ 327.56 billion |
Market structure | Fragmented |
YoY growth (%) | 6.98 |
Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution | North America at 32% |
Key consumer countries | US, China, Japan, Germany, and France |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | Accor SA, Cal A Vie Health Spa, Canyon Ranch, Clinique La Prairie, Four Seasons Hotels Ltd., Gaia Retreat and Spa, Hand and Stone Massage and Facial Spa, HOT SPRINGS RESORT and SPA, Hyatt Hotels Corp., Jade Mountain, Kempinski Hotels SA, Lanserhof Management GmbH, Marriott International Inc., Osthoff Resort, PRAVASSA, Rancho La Puerta Inc., Red Carnation Hotels UK Ltd., Six Senses Hotels Resorts Spas, The Mineral Spa, and Woodhouse Day Spas LLC |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis 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. |
Browse for Technavio "Consumer Discretionary" Research Reports
Table of Contents
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary ? Chart on Market Overview
- Exhibit 02: Executive Summary ? Data Table on Market Overview
- Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
- Exhibit 04: Executive Summary ? Chart on Market by Geography
- Exhibit 05: Executive Summary ? Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary ? Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary ? Chart on Incremental Growth
- Exhibit 08: Executive Summary ? Data Table on Incremental Growth
- Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers ? Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers ? Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants ? Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes ? Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry ? Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 25: Chart on Application - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 27: Chart on Comparison by Application
- Exhibit 28: Data Table on Comparison by Application
- 5.3 Physical - Market size and forecast 2021-2026
- Exhibit 29: Chart on Physical - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Data Table on Physical - Market size and forecast 2021-2026 ($ billion)
- Exhibit 31: Chart on Physical - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Physical - Year-over-year growth 2021-2026 (%)
- 5.4 Psychological - Market size and forecast 2021-2026
- Exhibit 33: Chart on Psychological - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Data Table on Psychological - Market size and forecast 2021-2026 ($ billion)
- Exhibit 35: Chart on Psychological - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Psychological - Year-over-year growth 2021-2026 (%)
- 5.5 Spiritual - Market size and forecast 2021-2026
- Exhibit 37: Chart on Spiritual - Market size and forecast 2021-2026 ($ billion)
- Exhibit 38: Data Table on Spiritual - Market size and forecast 2021-2026 ($ billion)
- Exhibit 39: Chart on Spiritual - Year-over-year growth 2021-2026 (%)
- Exhibit 40: Data Table on Spiritual - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Application
- Exhibit 41: Market opportunity by Application ($ billion)
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 42: Chart on Type - Market share 2021-2026 (%)
- Exhibit 43: Data Table on Type - Market share 2021-2026 (%)
- 6.2 Comparison by Type
- Exhibit 44: Chart on Comparison by Type
- Exhibit 45: Data Table on Comparison by Type
- 6.3 Domestic - Market size and forecast 2021-2026
- Exhibit 46: Chart on Domestic - Market size and forecast 2021-2026 ($ billion)
- Exhibit 47: Data Table on Domestic - Market size and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on Domestic - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Domestic - Year-over-year growth 2021-2026 (%)
- 6.4 International - Market size and forecast 2021-2026
- Exhibit 50: Chart on International - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on International - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on International - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on International - Year-over-year growth 2021-2026 (%)
- 6.5 Market opportunity by Type
- Exhibit 54: Market opportunity by Type ($ billion)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 56: Chart on Market share by geography 2021-2026 (%)
- Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 58: Chart on Geographic comparison
- Exhibit 59: Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2021-2026
- Exhibit 60: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 61: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 62: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 63: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.4 Europe - Market size and forecast 2021-2026
- Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.5 APAC - Market size and forecast 2021-2026
- Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 76: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 77: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 78: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 Germany - Market size and forecast 2021-2026
- Exhibit 84: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 85: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 86: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.10 France - Market size and forecast 2021-2026
- Exhibit 88: Chart on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 89: Data Table on France - Market size and forecast 2021-2026 ($ billion)
- Exhibit 90: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on France - Year-over-year growth 2021-2026 (%)
- 8.11 China - Market size and forecast 2021-2026
- Exhibit 92: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 93: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 94: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on China - Year-over-year growth 2021-2026 (%)
- 8.12 Japan - Market size and forecast 2021-2026
- Exhibit 96: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 97: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
- Exhibit 98: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 100: Market opportunity by geography ($ billion)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 101: Impact of drivers and challenges in 2021 and 2026
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 103: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 104: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 105: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 106: Matrix on vendor position and classification
- 11.3 Accor SA
- Exhibit 107: Accor SA - Overview
- Exhibit 108: Accor SA - Business segments
- Exhibit 109: Accor SA - Key offerings
- Exhibit 110: Accor SA - Segment focus
- 11.4 Cal A Vie Health Spa
- Exhibit 111: Cal A Vie Health Spa - Overview
- Exhibit 112: Cal A Vie Health Spa - Product / Service
- Exhibit 113: Cal A Vie Health Spa - Key offerings
- 11.5 Canyon Ranch
- Exhibit 114: Canyon Ranch - Overview
- Exhibit 115: Canyon Ranch - Product / Service
- Exhibit 116: Canyon Ranch - Key offerings
- 11.6 Clinique La Prairie
- Exhibit 117: Clinique La Prairie - Overview
- Exhibit 118: Clinique La Prairie - Product / Service
- Exhibit 119: Clinique La Prairie - Key offerings
- 11.7 Four Seasons Hotels Ltd.
- Exhibit 120: Four Seasons Hotels Ltd. - Overview
- Exhibit 121: Four Seasons Hotels Ltd. - Product / Service
- Exhibit 122: Four Seasons Hotels Ltd. - Key offerings
- 11.8 Gaia Retreat and Spa
- Exhibit 123: Gaia Retreat and Spa - Overview
- Exhibit 124: Gaia Retreat and Spa - Product / Service
- Exhibit 125: Gaia Retreat and Spa - Key offerings
- 11.9 Hand and Stone Massage and Facial Spa
- Exhibit 126: Hand and Stone Massage and Facial Spa - Overview
- Exhibit 127: Hand and Stone Massage and Facial Spa - Product / Service
- Exhibit 128: Hand and Stone Massage and Facial Spa - Key offerings
- 11.10 HOT SPRINGS RESORT and SPA
- Exhibit 129: HOT SPRINGS RESORT and SPA - Overview
- Exhibit 130: HOT SPRINGS RESORT and SPA - Product / Service
- Exhibit 131: HOT SPRINGS RESORT and SPA - Key offerings
- 11.11 Jade Mountain
- Exhibit 132: Jade Mountain - Overview
- Exhibit 133: Jade Mountain - Product / Service
- Exhibit 134: Jade Mountain - Key offerings
- 11.12 Osthoff Resort
- Exhibit 135: Osthoff Resort - Overview
- Exhibit 136: Osthoff Resort - Product / Service
- Exhibit 137: Osthoff Resort - Key offerings
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 138: Inclusions checklist
- Exhibit 139: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 140: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 141: Research methodology
- Exhibit 142: Validation techniques employed for market sizing
- Exhibit 143: Information sources
- 12.5 List of abbreviations
- Exhibit 144: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. 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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