Press release
Wellness Tourism Market projected to reflect a CAGR of 7.9% overv 2026
Factors Fuelling Global Market Growth
Growth of the global wellness tourism market is projected to be bound by various macro-economic and micro-economic factors. Increasing number of tourists from various developed and developing countries prefer spending on wellness travelling plans in order to maintain their well-being and health. As maintaining health and well-being is becoming important, the leading players in the hospitality sector are increasingly capitalizing on the health-conscious customers. In order to accommodate the health-conscious customers, the market players in the hospitality industry are offering in-room yoga mats and incorporating fitness facilities in their hotels. Demand for the wellness tourism is projected to remain bound to growing need for pain and stress management during the forecast period.
Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=331
In addition, the wellness tourists are also pursuing various outdoor activities in order to enhance their traveling experiences and their personal well-being. Besides accommodating various healthcare facilities, the hotels are also offering outdoor packages for the tourist in order to offer convenience while traveling. Customers are increasingly preferring to spend on wellness tourism attributed to various relaxing and rejuvenating activities such as sauna therapies, yoga and massage. Further, growing need for anti-ageing therapies is encouraging customers to spend their income on well travelling programs. Demand for maintaining health and fitness, and spa travel while travelling is expected to shape the global market growth of wellness tourism positively.
Prevalence of various chronic diseases including obesity, diabetes and heart diseases will continue to impact the global market growth positively. In a recent report, CDC states that 3 in 4 citizens of America within the age of 65 years and more have multiple chronic disorders such as arthritis, diabetes and high blood pressure problems. As tourists spending on the wellness travelling programs include various chronic patients, demand for chronic care management and relaxing spa therapies is expected to remain high. Moreover, various hotels are incorporating sauna therapies and steam baths for the tourists and guests for the tourists with physical disabilities. Spa centers are also offering hydropathic therapies for the patients who cannot move. Such factors are expected to contribute towards the global market growth of wellness tourism during the forecast period.
As stressful and hectic lifestyle continues to hamper the work and output of employees, organizations are encouraging their employees to spend on trips and tours. Employers in various companies are offering refundable vouchers on various trips and casual leaves for vacation to ensure their employees maintain well-being and good health. Growing need for de-stressing, detoxification, relaxing and rejuvenating is projected to rev up demand for tourism and spa therapies. Such factors is projected to impact the global market growth of wellness tourism positively.
Sales through International Tourism to Remain High
Demand for domestic tourism will continue to remain high compared to international tourism in the global market. Attributed to reasonable prices of the travel packages, domestic tourism will continue to be more preferred. On the basis of tourism type, the domestic tourism segment is projected to represent robust revenue growth, recording more than US$ 3.2 Tn by 2026-end. On the other hand, the international tourism type segment is projected to reflect a healthy CAGR throughout the forecast period.
Report Analysis @ https://www.factmr.com/media-release/331/wellness-tourism-market
Market Players
Major players in the global market of wellness tourism are Allergan, Accor, Carlson Rezidor, Canyon Ranch, Fitpacking, Four Seasons, Hilton, Galderma, IHG, Hyatt, KPJ Healthcare, Ipsen, Miraval Resort & Spa, Marriott, Omni Hotels Management, Mövenpick, Rancho La Puerta, Pravassa, Starwood and Shangri-La.
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Web: https://www.factmr.com/
Follow us in Linkedin: https://www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wellness Tourism Market projected to reflect a CAGR of 7.9% overv 2026 here
News-ID: 1214150 • Views: …
More Releases from Fact.MR
Polyethylene Wax Market Size Assessment and 5.1% CAGR Expansion (2024-2034)
The global polyethylene wax market (ポリエチレンワックス市場) is projected to grow at a CAGR of 5.1% from 2024 to 2034, following its 2024 size of US$ 1.1 billion. Companies prioritize sustainable growth, leading polyethylene wax manufacturers to adopt biodegradable formulations. These eco-friendly waxes are sought after by industries aiming to reduce their carbon footprints.
An example is Novaspers C1491, a biodegradable PE wax from Allinova Company, used in printing inks, polishes, and…
Cascara product consumption is anticipated to increase at a CAGR of around 10.4% …
As per a new report by Fact.MR, a market research and competitive intelligence provider, the global cascara products market is currently valued at US$ 458 million and projected to expand at an impressive CAGR of 10.4% over the forecast period (2022 to 2032). The market registered 9.1% CAGR between 2017 and 2021. Fact.MR anticipates significant potential in the market due to the enhanced activity of market players across the coffee…
Beauty Facial Mask Market Share to Reach US$ 11.2 Billion by 2032
According to Fact.MR, a market research and competitive intelligence provider, the global beauty facial mask (BFM) market is estimated at US$ 6.8 billion in 2022 and is expected to expand at an impressive CAGR of 5.1% during the forecast years of 2022-2032.
A large number of elderly customers around the globe having the required buying power as well as the desire to appear younger, in turn increasing the demand for anti-aging…
Kiteboarding equipment sales are projected to increase at a CAGR of 14.7% during …
According to a recent report by Fact.MR, a market research and competitive intelligence provider, in 2023, the global Kiteboarding Equipment Market will be worth approximately US$ 1,042.62 Million. Kiteboarding equipment sales are expected to grow at a 14.7% CAGR to reach US$ 4,109.23 Million by 2033.
During the historical period, the increasing popularity of adventure tourism, associated with the proliferation of beach culture, stimulated market growth for kiteboarding equipment. During their…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
