The Global Wellness Economy Reaches a Record $5.6 Trillion--And It's Forecast to Hit $8.5 Trillion by 2027
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KEY FINDINGS:
Post-Pandemic Wellness Economy Growth:
Numbers refer to the 2019, 2020, and 2022 market sizes AND avg. annual growth rate from 2020 to 2022
Personal Care & Beauty: $1.07 trillion––$924 billion––$1.09 trillion––+8.5% Healthy Eating, Nutrition & Weight Loss: $911 billion––$949 billion––$1.08 trillion––+6.7% Physical Activity: $876 billion––$747 billion––$976 billion––+14.3% Wellness Tourism: $720 billion––$351 billion––$651 billion––+36.2% Public Health, Prevention & Personalized Medicine: $358 billion––$537 billion––$611 billion––+6.6% Traditional & Complementary Medicine: $487 billion––$450 billion–$519 billion––+7.4% Wellness Real Estate: $225 billion––$274 billion––$398 billion––+20.5% Mental Wellness: $130 billion––$143 billion––$180.5 billion––+12.5% Spas: $114 billion––$70 billion––$104.5 billion––+22.3% Workplace Wellness: $52 billion––$48 billion––$51 billion––+2.8% Thermal/Mineral Springs: $66 billion––$40 billion––$46 billion––+7.7%
TOTAL WELLNESS ECONOMY: $4.9 trillion in 2019––$4.4 trillion in 2020––$5.6 trillion in 2022––12% annual growth 2020-2022
I am incredibly excited about the future of Wellness.
Please see my website, Fit & Well Franchise, on the main page.
Thank you for reading my latest Blog.
For more information about 'Fit & Well' for your company, gym, sports club, or investment opportunities in Asia, please contact me at Joe@JoeFitAsia.com.
Until next time.
Mahalo & Aloha
Joe Lewis