The Global Wellness Institute’s comprehensive research provides an in-depth analysis of the wellness economy in 11 sectors, including wellness tourism, spas, and thermal/mineral springs. This report offers pre-pandemic, pandemic, and future growth rates, regional and national data, and key trends shaping the industry post-COVID.

Wellness Market Snapshots

1. Wellness Tourism

– Pre-pandemic growth: 8% annually (2017-2019), reaching $720 billion

– Pandemic impact: -39.5% decline in 2020, shrinking to $436 billion and 601 million wellness trips

– Future growth: 21% annual increase projected through 2025, driven by new traveler values (nature, sustainability, mental wellness) and pent-up demand

2. Spas

– Pre-pandemic growth: 8.7% annually (2017-2019), reaching $111 billion across 165,714 spas

– Pandemic impact: -39% revenue decline in 2020, shrinking to $69 billion and 160,100 spas

– Future growth: 17% annual increase through 2025, with revenues projected to more than double to $150.5 billion

3. Thermal/Mineral Springs

– Pre-pandemic growth: 6.8% annually (2017-2019), reaching $64 billion

– Pandemic impact: -39% revenue decline in 2020, shrinking to $39 billion

– Future growth: 18% annual increase through 2025, with 140+ new projects in development

Key Trends and Insights

– Shift towards nature-based and sustainable wellness experiences

– Growing demand for mental wellness and self-care

– Rapid recovery and growth expected in 2021 and 2022

– Increased focus on wellness policy and initiatives

Global Wellness Economy Research

The GWI provides valuable research and resources, fueling thought leadership and innovation in the wellness industry. Support the GWI’s mission to empower wellness worldwide.

Reports and Resources

– 2024 Wellness Policy Toolkit: Mental Wellness

– 2024 Wellness Real Estate Market Growth

– 2024 Global Wellness Economy: Country Rankings

– 2023 Global Wellness Economy Monitor

– 2023 Wellness Policy Toolkit: Physical Activity

By understanding the current state and future projections of the wellness economy, industries can adapt and thrive in a post-pandemic world, prioritizing sustainability, mental wellness, and nature-based experiences.