Press release
Australia Corporate Wellness Market Size, Share & Trends 2033
Australia Corporate Wellness Market
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 2.0 Billion
Market Forecast in 2033: USD 3.6 Billion
Market Growth Rate 2025-2033: 6.30%
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Australia Corporate Wellness Market Overview
The Australia corporate wellness market is experiencing significant growth, driven by rising workplace stress, increasing awareness regarding mental health, the growing adoption of remote work, supportive government initiatives, and a strong focus on employee productivity, retention, and engagement. Employers are recognizing the importance of holistic wellness programs that address physical, mental, and emotional well-being to enhance overall organizational performance.
Australia Corporate Wellness Market Trends and Drivers
Shift Toward Mental Health-Centric Programs:
Australian employers are increasingly prioritizing mental health as a core pillar of corporate wellness. At any given time, one in six workers in Australia is experiencing a mental illness, making mental health conditions the leading cause of long-term sickness absence in workplaces. This contributes to an estimated economic loss of up to USD 12 Billion annually. In response, organizations are embedding mental well-being into their workplace health strategies by offering structured programs that address stress, burnout, and emotional fatigue proactively. Common initiatives include confidential counseling services, resilience and emotional intelligence training, stress management workshops, mindfulness sessions, and 24/7 access to licensed psychologists through employee assistance programs (EAPs). The normalization of conversations around mental health, fueled by national campaigns and public discourse, is reducing stigma and encouraging workplace investment. Additionally, large organizations are hiring dedicated mental health officers or partnering with specialized service providers to deliver comprehensive mental health support.
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Australia Corporate Wellness Market Segmentation
1. By Service
o Health Risk Assessment
o Fitness
o Smoking Cessation
o Health Screening
o Nutrition and Weight Management
o Stress Management
o Others
2. By Category
o Fitness and Nutrition Consultants
o Psychological Therapists
o Organizations/Employers
3. By Delivery
o Onsite
o Offsite
4. By Organization Size
o Small Scale Organizations
o Medium Scale Organizations
o Large Scale Organizations
5. By Region
o Australia Capital Territory & New South Wales
o Victoria & Tasmania
o Queensland
o Northern Territory & Southern Australia
o Western Australia
Australia Corporate Wellness Market News
March 2024: A leading Australian corporation announced the implementation of a comprehensive mental health program, including 24/7 access to licensed psychologists and resilience training workshops, aiming to reduce workplace stress and improve employee well-being.
January 2024: The Australian government launched a national campaign to promote mental health awareness in workplaces, encouraging organizations to invest in structured wellness programs and reduce the stigma associated with mental health issues.
Key Highlights of the Report
1. Market Performance (2019-2024)
2. Market Outlook (2025-2033)
3. COVID-19 Impact on the Market
4. Porter's Five Forces Analysis
5. Strategic Recommendations
6. Historical, Current, and Future Market Trends
7. Market Drivers and Success Factors
8. SWOT Analysis
9. Structure of the Market
10. Value Chain Analysis
11. Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact Us
IMARC Group
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Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-631-791-1145
About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC's offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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