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Wellness Tourism Market Estimated to Reach $1407.42 Billion by 2029, Expanding at a CAGR of 9.6% | Major Drivers, Segments, and Competitive Outlook

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Wellness Tourism Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Wellness Tourism Market Growth?

The wellness tourism market size has seen considerable growth over the years. The market size which was $895.09 billion in 2024 is projected to reach $974.59 billion in 2025, growing at a compound annual growth rate (CAGR) of 8.9%.

What Is the Predicted Industry Size and CAGR of the Wellness Tourism Market in 2029?

The Wellness Tourism Global Market Report projects that by 2029, the market size will have grown to $1407.42 billion. This represents a compound annual growth rate (CAGR) of 9.6%.

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Which Factors Are Driving Growth in the Wellness Tourism Market?

The key drivers in the wellness tourism market are:

• Rise in tourist expenditure on cultural and sports-related wellness tourism
• Robust economic expansion in emerging markets
• Increase in disposable income contributing to more wellness tourism
• An aging population and early retirement trend, leading to increased wellness travel
• Rapid urbanization spurring a demand for wellness retreats and escapes

Which Segment Trends Are Covered in the Wellness Tourism Market Forecast?

The wellness tourism market covered in this report is segmented –
1) By Service Type: Transport, Lodging, Food And Beverage, Shopping, Activities and Excursions, Other Services
2) By Travellers: Primary, Secondary
3) By Location: Domestic, International

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What Are the Current Market Trends in the Wellness Tourism Industry?

The key trends in the wellness tourism market are:

• Increasing tourist expenditure on cultural and sports-related wellness tourism is emerging as a significant trend.
• Robust economic growth in emerging markets is shaping the future of the wellness tourism market.
• Rising disposable income is another emerging trend that is impacting the industry.
• The factors of the aging population, early retirement, and rapid urbanization are also key ongoing trends in the market.

Who are the Key Companies in the Wellness Tourism Market?

Major players in the wellness tourism market are:

• Hilton Worldwide
• Marriott International Inc
• Four Seasons Hotels Ltd
• Accor S.A
• Hyatt Hotels Corporation
• Intercontinental Hotels Group
• Radisson Hotel Group
• Rosewood Hotels & Resorts
• Omni Hotels & Resorts
• Canyon Ranch
• Shanghai Lemen Business International Travel Service Co Ltd
• Sangha Retreat
• China Tourism, Culture Investment Group Co Ltd
• Healing Holidays
• Aman Resorts
• The Healthy Holiday Company
• Fit Reisen Group
• Karma Group
• Akasha Wellness Retreat
• Miraval Group
• Alma Health & Spa
• Idoctours
• The Wellness Travel Expert
• Cal A Vie Health Spa
• Vacayou
• Alchemy Wellness Resorts
• Clinique La Prairie
• Braemar Hotels & Resorts
• Osthoff Resort
• Bajos Del Toro
• Tambo Del Inka
• Tierra Patagonia
• Nannai Resort & Spa
• Nayara Resort
• Amaala
• Travocure
• Siro Wellness And Fitness Resorts
• Six Senses Zighy Bay
• Wellcube
• Zulal Wellness Resort
• Wesgro
• Belmond Mount Nelson
• Taj Cape Town
• Santé Wellness Retreat & Spa
• Aha Hotel & Game Lodge Group
• The Hydro In Stellenbosch

What are the Regional Trends Across the Wellness Tourism Market?

North America was the largest region in the wellness tourism market in 2024

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