Wellness Retreat Market Report 2024

This Wellness Retreat market report covers industry characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The wellness retreat market size has grown rapidly in recent years. It will grow from $205.27 billion in 2023 to $225.89 billion in 2024 at a compound annual growth rate (CAGR) of 10%. The growth during the historic period can be attributed to the rising prevalence of cardiovascular problems, the increase in wellness tourism, growing health consciousness, a rise in the number of business travelers, and a higher demand for anti-aging skincare treatments.

The wellness retreat market size is expected to see rapid growth in the next few years. It will grow to $333.44 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth expected during the forecast period can be attributed to a growing awareness of stress, increasing disposable income, a rising aging population, a greater emphasis on organic agriculture, and a higher demand for holistic wellness experiences. Major trends during this period include the development of specialized retreats focused on stress management, the creation of new spa therapies, innovative digital wellness solutions, advancements in technology, and the integration of eco-friendly practices.

The rise in health consciousness is projected to drive the growth of the wellness retreat market. Health consciousness encompasses an individual’s awareness and proactive approach to maintaining and improving health and well-being through informed choices related to diet, exercise, and lifestyle. This growing awareness is attributed to educational initiatives, awareness campaigns, and evolving dietary and fitness habits. Wellness retreats support this trend by providing personalized wellness programs that educate and motivate individuals to embrace healthier lifestyles, while offering a supportive environment for practicing healthy habits, mindfulness, and self-care. For instance, in May 2022, a survey by the International Food Information Council, a US-based non-profit organization, found that approximately 52% of American adults aged 18-80 and Gen Z consumers aged 18-24 adhered to a specific diet or eating pattern, up from 39% in 2021. Among these, the most popular choices were clean eating (16%), mindful eating (14%), and calorie counting (13%). Thus, the growing health consciousness is fueling the expansion of the wellness retreat market.

Prominent companies in the wellness retreat market are focusing on developing advanced solutions, such as health-tech platforms, to cater to the evolving needs and preferences of health-conscious consumers. Health-tech platforms in wellness retreats integrate technology to enhance the retreat experience and effectiveness. They utilize digital tools to offer personalized wellness solutions, streamline operations, and improve participant engagement. For example, in April 2021, Atmantan Wellness Centre, an India-based holistic health and wellness resort, launched the Atmantan Health Tech platform. This platform delivers customized health recommendations based on real-time data from wearable devices and facilitates virtual consultations with health experts. Key features of the Atmantan Health Tech platform include its ability to track various health metrics, such as sleep quality and stress levels, and its seamless integration with other digital health tools to provide a comprehensive wellness experience.

In March 2023, Healing Company, a US-based provider of health and wellness solutions, acquired Chopra Global for an undisclosed amount. This acquisition enables Healing Company to expand its capabilities and presence in the wellness market, offering a more extensive range of health and well-being services. Chopra Global, a US-based integrative health company, is known for providing wellness retreats.

Major companies operating in the wellness retreat market are Marriot International Inc., Hilton Worldwide Holdings Inc., Hyatt Corporation, Accor S.A., Four Seasons Hotels Limited, Omni Hotels & Resorts, The Travel Corporation, Red Carnation Hotels, Rosewood Hotel Group, Soneva Fushi, Six Senses Hotels Resorts Spas, Miraval Group, Champneys, Canyon Ranch Inc., Chiva-Som International Health Resorts Co. Ltd., Rancho La Puerta Inc., Cal-a-Vie Health Spa, Nirvana Naturopathy and Retreat, Atmantan Wellness Center, Elysia Wellness Retreat, Red Mountain Resort, The Ranch Malibu, Kamalaya Co Ltd., Kairali Ayurvedic Healing Village.

North America was the largest region in the wellness retreat market in 2023. The regions covered in the wellness retreat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the wellness retreat market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A wellness retreat is a specialized vacation or getaway that focuses on enhancing overall well-being, health, and relaxation. These retreats are designed to help participants rejuvenate physically, mentally, and emotionally through a range of activities, treatments, and educational sessions.

The main types of wellness retreats include yoga retreats, meditation retreats, fitness and boot camp retreats, personal development retreats, and adventure and nature retreats. A yoga retreat is a getaway centered on practicing yoga in a tranquil setting, which helps individuals deepen their skills and connect with their inner selves. Retreats vary in duration, including week-long and weekend options. They are hosted in various locations such as beach resorts, mountain resorts, urban retreat centers, and countryside retreats.

The wellness retreat market research report is one of a series of new reports that provides wellness retreat market statistics, including wellness retreat industry global market size, regional shares, competitors with a wellness retreat market share, detailed wellness retreat market segments, market trends, and opportunities, and any further data you may need to thrive in the wellness retreat industry. This wellness retreat market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The wellness retreat market includes revenues earned by entities by providing spa retreats, detox retreats, holistic retreats, and personal growth retreats. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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