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Global Wellness Tourism Market 2017-2021

Wellness Tourism Sector: Worldwide Forecast until 2021

  • November 2017
  • 118 pages
  • ID: 4016612
In this report:
According to the World Bank, Latin America is experiencing a prosperity stage where overall poverty rate decreased from ##.##% to ##.##% from 2000 to 2014.
The global wellness tourism market is expected to grow at a CAGR of ##.##% to reach $##,##.## billion by 2021.
The global wellness tourism market is expected to grow at a CAGR of ##.##% due to the increasing number of wellness tours being taken by people around the world.

Summary

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About Wellness Tourism

Wellness tourism is a type of tourism where people travel to places for the betterment of their physical or mental state. It is distinct from medical tourism where people travel to other countries or places for medical care or treatment of a diagnosed disease. Wellness tourism is increasing simultaneously with the overall tourism industry at a quick pace. With the growth in awareness about mental health and physical wellness, the overall population is keen on taking preventive measures against different illnesses at an early stage. Mental disorders including stress, anxiety, and frustration lead to health-related chronic diseases including cancer and depression. For example, in the united kingdom (UK), the cases of work-related stress, anxiety, and depression was ~1.5 percent per 100000 population in 2016. In 2015, the Stress in America survey led by the American Psychological Association had declared that the more important prevalence of stress amongst young adults and women is in the USA

The experts estimate the worldwide wellness tourism market to increase at a compound annual Growth rate of ~10.3 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global wellness tourism sector for 2017-2021. To calculate the market value, the industry report considers the tourism expenditures taken up for wellness travels, which comprises healthy diet and weight management, physical fitness and sports, beauty treatments, relaxation and stress relief, meditation, yoga, and procedures or treatments using conventional, alternative, complementary, herbal, or homeopathic medicine.

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Wellness Tourism Sector 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

• rise in mental illness

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• Perception of wellness tourism as a luxury travel sector

• For a full, exhaustive list, view our market report

How is the market going?

• Emergence of online wellness aggregators

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main vendors in this market environment?

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