In order to decode the global market for Wellness Tourism, Fact.MR has issued a fresh report compiled with the help of primary and secondary research sources. This assessment is titled Wellness Tourism Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2026, which presents in-depth knowledge associated to changing trends and opportunities expected to transform the global Wellness Tourism market during the period until 2026.
The foremost necessity of this research study is to discourse prime market facets linked to the Wellness Tourism market, which are expected to get altered during the course of the forecast period. Apart from regional bifurcation, this report highlights contribution carried out by leading manufacturers active in the global Wellness Tourism market. It is imperative to know that readers; especially, investors and new entrants can make good use of this information to plan strategies and future endeavors. According to research findings, the target market is expected to exhibit growth at 7.9% CAGR during the period between 2017 and 2026.
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Growth of the global wellness tourism market is projected to be bound by various macro-economic and micro-economic factors. Increasing number of tourists from various developed and developing countries prefer spending on wellness travelling plans in order to maintain their well-being and health. As maintaining health and well-being is becoming important, the leading players in the hospitality sector are increasingly capitalizing on the health-conscious customers. In order to accommodate the health-conscious customers, the market players in the hospitality industry are offering in-room yoga mats and incorporating fitness facilities in their hotels. Demand for the wellness tourism is projected to remain bound to growing need for pain and stress management during the forecast period.
In addition, the wellness tourists are also pursuing various outdoor activities in order to enhance their traveling experiences and their personal well-being. Besides accommodating various healthcare facilities, the hotels are also offering outdoor packages for the tourist in order to offer convenience while traveling. Customers are increasingly preferring to spend on wellness tourism attributed to various relaxing and rejuvenating activities such as sauna therapies, yoga and massage. Further, growing need for anti-ageing therapies is encouraging customers to spend their income on well travelling programs. Demand for maintaining health and fitness, and spa travel while travelling is expected to shape the global market growth of wellness tourism positively.
Prevalence of various chronic diseases including obesity, diabetes and heart diseases will continue to impact the global market growth positively. In a recent report, CDC states that 3 in 4 citizens of America within the age of 65 years and more have multiple chronic disorders such as arthritis, diabetes and high blood pressure problems. As tourists spending on the wellness travelling programs include various chronic patients, demand for chronic care management and relaxing spa therapies is expected to remain high. Moreover, various hotels are incorporating sauna therapies and steam baths for the tourists and guests for the tourists with physical disabilities. Spa centers are also offering hydropathic therapies for the patients who cannot move. Such factors are expected to contribute towards the global market growth of wellness tourism during the forecast period.
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Finally, this research study provides convenient data associated to impending sales enhancements and demand for Wellness Tourism generated by leading market players. This section thoroughly enlightens about the competition trends among popular manufacturers functional in the global Wellness Tourism market. Some of the main players mentioned in the report include names like (Allergan, Accor, Carlson Rezidor, Canyon Ranch, Fitpacking, Four Seasons).