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We closely monitor the rapidly growing wellness industry, highlight the main trends and economic research
Spa Industry 9.8% growth $105 billion
Wellness Tourism 8.3% growth $651 billion
Wellness Real Estate 17.4% growth $398 billion
Mental Wellness 12.8% growth $181 billion
Global Wellness industry is approaching $5.6 trillion USD in 2022
The global wellness economy had reached the milestone of $5.6 trillion in 2018.
For the next five years, it is projected that the global wellness economy will grow at a robust rate of 8.6% annually, a growth rate substantially higher than the projected global GDP growth (5.1% according to current IMF forecasts).
Seven of the eleven wellness sectors have fully recovered from the pandemic, with a 2022 market size that exceeds their 2019 level.
The wellness industry represents 5.3% of global economic output.
All regions have recovered from the pandemic, but North America, Europe, and Middle East-North Africa have shown the strongest resilience and growth from 2019-2022.