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Worldwide Wellness Tourism Industry to 2024 - Key Drivers, Challenges and Trends

Research and Markets
·4-min read

Dublin, Oct. 21, 2020 (GLOBE NEWSWIRE) -- The "Global Wellness Tourism Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The wellness tourism market is poised to grow by $ 315.47 billion during 2020-2024 progressing at a CAGR of 7% during the forecast period. This report on wellness tourism market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growth in personal wellness awareness, increasing interest in wellness in the hospitality industry and increase in mental illness.

The wellness tourism market analysis includes type segment and geographical landscapes. This study identifies emergence of online wellness aggregators as one of the prime reasons driving the wellness tourism market growth during the next few years. Also, rise in solo trips for adventurous activities among millennials and emergence of airports with fitness amenities will lead to sizable demand in the market.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The wellness tourism market covers the following areas:

  • Wellness tourism market sizing

  • Wellness tourism market forecast

  • Wellness tourism market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wellness tourism market vendors that include 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.. Also, the wellness tourism market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market Overview

2. Market Landscape

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

3. Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

  • Five Forces Summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

5. Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Physical - Market size and forecast 2019-2024

  • Psychological - Market size and forecast 2019-2024

  • Spiritual - Market size and forecast 2019-2024

  • Market opportunity by Application

6. Market Segmentation by Type

  • Market segments

  • Comparison by Type

  • Domestic - Market size and forecast 2019-2024

  • International - Market size and forecast 2019-2024

  • Market opportunity by Type

7. Customer Landscape

8. Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

9. Vendor Landscape

  • Vendor Landscape

  • Landscape disruption

10. Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • 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

  • Rancho La Puerta Inc.

11. Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/7tlu38

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900