With 8.7% CAGR, Global Wellness Tourism Market Size to Surpass USD 1,468.3 Billion by 2026 - Comprehensive Research Report by Facts & Factors

According to the findings presented in the Facts and Factors report titled "Wellness Tourism Market By Service (In-Country Transportation, Lodging, Food & Beverages, Wellness Activities, Shopping, & Others), By Travel Mode (Primary & Secondary), By Type (Domestic & International), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026," the global wellness tourism market was approximately USD 802.6 Billion in the year 2020. By the year 2026, it is estimated that the market will have grown at a compound annual growth rate of 8.7% and will have reached around 1,468.3 billion USD.

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/wellness-tourism-market-report

The key market participants in the global wellness tourism market are

Accor Hotels
Hilton Worldwide
Hyatt Hotels
InterContinental Group
Marriot International
Radisson Hospitality
Rosewood Hotels
Canyon Ranch
Four Seasons Hotel Ltd
Omni Hotels & Resorts
Rancho La Puerta, Inc.

Traveling to destinations with the intention of improving one's physical and mental health is an example of what is known as "wellness tourism." Examples of wellness tourism destinations include spa resorts, fitness facilities, hospitals, and clinics. The retail, transportation, hospitality, food and beverage, and shopping and dining industries are all part of the wellness tourism business. The expansion of the global travel tourism business is being fueled in large part by an increase in the number of people traveling all over the world as well as an accompanying rise in the amount of money spent on vacations all over the world.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/sample/wellness-tourism-market-report

Moreover, rising disposable income among individuals in developed countries and increasing awareness about wellness in emerging economies are anticipated to fuel target market growth over the forecast period. Moreover, the increasing prevalence of chronic diseases such as obesity is expected to fuel target market growth in the near future.

For instance, according to the data published by World Health Organization, in 2017, obesity rates among children and adolescents around the globe, increased from less than 1% in 1975 to 8% in 2016. However, high cost is expected to hamper target market growth in the near future.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/inquiry/wellness-tourism-market-report

The wellness tourism market is bifurcated based on service and travel type. On the basis of service segmentation, the market is classified into lodging, in-country transport, wellness activities, food & beverage, and others.

The lodging services segment is expected to hold the largest share in terms of revenue over the forecasted period. Based on travel type the global market is segmented as international and domestic.

This report segments the wellness tourism market as follows:

Global Wellness Tourism Market: By Service Segment Analysis

In-Country Transportation
Lodging
Food & Beverages
Wellness Activities
Shopping
Others

Global Wellness Tourism Market: By Travel Mode Segment Analysis

Primary
Secondary

Global Wellness Tourism Market: By Type Segment Analysis

Domestic
International

𝐍𝐞𝐞𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/customization/wellness-tourism-market-report

Global Wellness Tourism Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-East Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
The Middle East and Africa
GCC Countries
South Africa
Rest of Middle-East Africa

𝐑𝐞𝐚𝐝 𝐛𝐮𝐲𝐧𝐨𝐰 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/buynow/su/wellness-tourism-market-report

Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

This release was published on openPR.