Global Wellness Tourism Market 2017-2021

  • ID: 4432770
  • Report
  • Region: Global
  • 118 pages
  • TechNavio
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FEATURED COMPANIES

  • AccorHotels
  • BodySense
  • Fitpacking
  • Hilton
  • IHG
  • MARRIOTT INTERNATIONAL
  • MORE
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 different from medical tourism where people travel to other countries or places for medical care or treatment of a diagnosed disease. Wellness tourism is growing simultaneously with the global tourism industry at a rapid pace. With the increase in awareness about mental health and physical wellness, the global population is keen on taking preventive measures against various illnesses at an early stage. Mental disorders such as stress, anxiety, and frustration lead to health-related chronic diseases such as cancer and depression. For example, in the UK, the cases of work-related stress, anxiety, and depression was 1.51% per 100000 population in 2016. In 2015, the Stress in America survey led by the American Psychological Association (APA) had declared that the highest prevalence of stress amongst young adults and women is in the US.

The analysts forecast the global wellness tourism market to grow at a CAGR of 10.32% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global wellness tourism market for 2017-2021. To calculate the market size, the report considers the tourism expenditures taken up for wellness travels, which includes 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 market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Wellness Tourism Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AccorHotels
  • Canyon Ranch
  • IHG
  • Red Carnation Hotels
Other prominent vendors
  • IHHR Hospitality (Ananda resort)
  • Aro Ha Wellness Retreat
  • Body and soul wellness center
  • BodySense
  • Fitpacking
  • Four Seasons Hotels
  • Gwinganna Lifestyle Retreat
  • Hilton
  • Hyatt
  • Kamalaya Koh Samui
  • MARRIOTT INTERNATIONAL
  • MOUNTAIN TREK FITNESS RETREAT & HEALTH SPA
  • Rancho La Puerta
  • Wellness & Hormone Centers of America
Market drivers
  • Increase in mental illness
  • For a full, detailed list, view the full report
Market challenges
  • Perception of wellness tourism as a luxury travel market
  • For a full, detailed list, view the full report
Market trends
  • Emergence of online wellness aggregators
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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2 of 5

FEATURED COMPANIES

  • AccorHotels
  • BodySense
  • Fitpacking
  • Hilton
  • IHG
  • MARRIOTT INTERNATIONAL
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2016
  • Market size and forecast
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Global physical wellness tourism market
  • Global psychological wellness tourism market
  • Global spiritual wellness tourism market
  • Market opportunity by application
PART 08: MARKET SEGMENTATION BY TYPES
  • Segmentation by type
  • Comparison by type
  • Global domestic wellness tourism market
  • Global international wellness tourism market
  • Market opportunity by type
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • Wellness tourism market in Americas
  • Wellness tourism market in EMEA
  • Wellness tourism market in APAC
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Emergence of online wellness aggregators
  • Rise in solo trips for adventurous activities among millennials
  • Emergence of airports with fitness amenities
PART 13: VENDOR LANDSCAPE
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendor overview
  • AccorHotels
  • Canyon Ranch
  • IHG
  • Red Carnation Hotels
  • Other prominent vendors
PART 15: APPENDIX9
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global tourism market
Exhibit 03: Market segments
Exhibit 04: Market definition: Inclusions and exclusions checklist
Exhibit 05: Market size 2016
Exhibit 06: Validation techniques employed for market sizing 2016
Exhibit 07: Global wellness tourism market 2016-2021 ($ billions)
Exhibit 08: Global wellness tourism: Year-over-year growth 2017-2021 (%)
Exhibit 09: Five forces analysis 2016
Exhibit 10: Five forces analysis 2021
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Five forces analysis 2016
Exhibit 17: Five forces analysis 2021
Exhibit 18: Global wellness market by application 2016-2021 (% share)
Exhibit 19: Comparison by application
Exhibit 20: Global physical wellness tourism market 2016-2021 ($ billions)
Exhibit 21: Global physical wellness tourism market: Year-over-year growth 2017-2021 (%)
Exhibit 22: Global psychological wellness tourism market 2016-2021 ($ billions)
Exhibit 23: Global psychological wellness tourism market: Year-over-year growth 2017-2021 (%)
Exhibit 24: Global spiritual wellness tourism market 2016-2021 ($ billions)
Exhibit 25: Global spiritual wellness tourism market: Year-over-year growth 2017-2021 (%)
Exhibit 26: Market opportunity by application
Exhibit 27: Global wellness tourism market by type 2016-2021 (% share)
Exhibit 28: Comparison by type
Exhibit 29: Global domestic wellness tourism market 2016-2021 ($ billions)
Exhibit 30: Global domestic wellness tourism market: Year-over-year growth 2017-2021 (%)
Exhibit 31: Global international wellness tourism market 2016-2021 ($ billions)
Exhibit 32: Global international wellness tourism: Year-over-year growth 2017-2021 (%)
Exhibit 33: Market opportunity by type
Exhibit 34: Global wellness tourism market by geography 2016-2021 (% share)
Exhibit 35: Regional comparison
Exhibit 36: Wellness tourism market in Americas 2016-2021 ($ billions)
Exhibit 37: Wellness tourism market in Americas: Year-over-year growth 2017-2021 (%)
Exhibit 38: Wellness tourism market in EMEA 2016-2021 ($ billions)
Exhibit 39: Wellness tourism market in EMEA: Year-over-year growth 2017-2021 (%)
Exhibit 40: Wellness tourism market in APAC 2016-2021 ($ billion)
Exhibit 41: Wellness tourism market in APAC: Year-over-year growth 2017-2021 (%)
Exhibit 42: Key leading countries
Exhibit 43: AccorHotels: Overview
Exhibit 44: AccorHotels: Business segments
Exhibit 45: AccorHotels: Organizational developments
Exhibit 46: AccorHotels: Geographic focus
Exhibit 47: AccorHotels: Application focus
Exhibit 48: AccorHotels: Key offerings for wellness tourism
Exhibit 49: Canyon Ranch: Overview
Exhibit 50: Canyon Ranch: Business segments
Exhibit 51: Canyon Ranch: Organizational developments
Exhibit 52: Canyon Ranch: Geographic focus
Exhibit 53: Canyon Ranch: Application focus
Exhibit 54: Canyon Ranch: Key offerings for wellness tourism
Exhibit 55: IHG: Overview
Exhibit 56: IHG: Business segments
Exhibit 57: IHG: Organizational developments
Exhibit 58: IHG: Geographic focus
Exhibit 59: IHG: Application focus
Exhibit 60: IHG: Key offerings for wellness tourism
Exhibit 61: Red Carnation Hotels: Overview
Exhibit 62: Red Carnation Hotels: Business segments
Exhibit 63: Red Carnation Hotels: Organizational developments
Exhibit 64: Red Carnation Hotels: Geographic focus
Exhibit 65: Red Carnation Hotels: Application focus
Exhibit 66: Red Carnation Hotels: Key offerings for wellness tourism
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FEATURED COMPANIES

  • AccorHotels
  • BodySense
  • Fitpacking
  • Hilton
  • IHG
  • MARRIOTT INTERNATIONAL
  • MORE
New Report Released: – Global Wellness Tourism Market 2017-2021

The author of the report recognizes the following companies as the key players in the global wellness tourism market: AccorHotels, Canyon Ranch, IHG, and Red Carnation Hotels

Other Prominent Vendors in the market are: IHHR Hospitality (Ananda resort), Aro Hā Wellness Retreat, Body and soul wellness center, BodySense, Fitpacking, Four Seasons Hotels, Gwinganna Lifestyle Retreat, Hilton, Hyatt, Kamalaya Koh Samui, MARRIOTT INTERNATIONAL, MOUNTAIN TREK FITNESS RETREAT & HEALTH SPA, Rancho La Puerta, and Wellness & Hormone Centers of America

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Emergence of online wellness aggregators. Penetration and the wide access to the Internet is a boon for this market as small online firms have been established that are focusing on aggregating information on wellness travel and accommodation. The use of the Internet to create an online repository and track user preferences are the upcoming trends in this market. This would further boost the growth of the hotels and other wellness centers that match up to customer expectations. Customers in any part of the world can access the information online and decide on the required services based on the reviews of a particular service or wellness center. This can create a platform for travelers who share similar interests to plan their wellness tours together. Thus, the growth of the small firms that focus on aggregating information across service providers is expected to boost the wellness tourism market in the future.”

According to the report, one of the major drivers for this market is Increase in mental illness. Some common forms of mental illnesses include stress, fear, anxiety, depression, and insomnia. If not addressed in their early stages, they can adversely affect physical health and lead to chronic disorders such as obesity, diabetes, heart diseases, and cancer. Stress can be caused due to environmental pressures such as work, societal expectations, and monetary problems. Stress can have adverse effects on an individual's lifestyle and health. For instance, out of 100 individual, 20% of the adults in the US experience stress every year, and mood disorders such as depression and bipolar disorders are the third major cause of hospitalization in the country.

Further, the report states that one of the major factors hindering the growth of this market is Perception of wellness tourism as a luxury travel market. Wellness and recreational activities such as mineral spas, sports, and spiritual practices that involve personal rejuvenation are conceived as a market for the elite. People perceive that wellness facilities are charged in addition to the regular tariffs and are offered only by the luxury hotels. Although regional allowances are made for domestic travelers, international travelers expect the treatment in proportion to the cost of the wellness package.

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 a SWOT analysis of the key vendors.
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  • AccorHotels
  • Canyon Ranch
  • IHG
  • Red Carnation Hotels
  • IHHR Hospitality (Ananda resort)
  • Aro Ha Wellness Retreat
  • Body and soul wellness center
  • BodySense
  • Fitpacking
  • Four Seasons Hotels
  • Gwinganna Lifestyle Retreat
  • Hilton
  • Hyatt
  • Kamalaya Koh Samui
  • MARRIOTT INTERNATIONAL
  • MOUNTAIN TREK FITNESS RETREAT & HEALTH SPA
  • Rancho La Puerta
  • Wellness & Hormone Centers of America
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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