Wellness Tourism Market: Industry Analysis and Forecast 2021-2027
Global Wellness Tourism Market is anticipated to reach US$ 1,038.07 Bn. by 2027 from US$ 684 Bn. in 2019 at a CAGR of 7.2% during a forecast period.
Global Wellness Tourism Market Overview
Wellness tourism is a wide phrase that encompasses a variety of companies that assist individuals in incorporating wellness into their daily life. Customers may use them to bring health into their homes, personal well-being, and workplaces via simple behaviors like eating and exercising. The Wellness Tourism market is expected to be driven by rising cases of lifestyle-related illnesses such as diabetes, obesity, and high cholesterol levels, which have been related to busy work schedules and sedentary lives, wellness spas, and a lack of physical exercise.
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The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
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