6 trends that define the future of health and wellness–World Economic Forum, February 15, 2022 The pandemic has made people more health conscious and willing to embrace wellness (when they can afford it). A recent IPSOS survey sheds interesting light on how wellbeing will change in a post-COVID world and the trends that will impact it: (1) an aging population; (2) more virtual healthcare; (3)…
NEW! The Global Wellness Economy: Country Rankings Report – February 2022 On Tuesday, February 8th during the 2022 Global Wellness News Broadcast, the Global Wellness Institute (GWI) research team presented and released its NEW research report, The Global Wellness Economy: Country Rankings–which focuses on the geographical trends and differences in the wellness economy. This research leverages the newly expanded and comprehensive dataset provided by the…
The Big Picture: Huge Growth Ahead With the pandemic ushering in a major consumer “values reset”–where prevention and wellness take on far greater importance–the GWI predicts that the wellness economy will grow an impressive 10% annually through 2025, when the market will hit $7 trillion. This graph charting growth through 2025 says it all… Now let’s look at how each market fared during the pandemic–and its future outlook… MARKET SNAPHOTS: Wellness Tourism (pandemic loser, future winner): Grew…
By Thierry Malleret, economist Experts now predict that in wealthier nations, the future is at least partial working from home. “Remote-first” is fast gaining the upper hand because a) workers want it (people reject the wellbeing toll of commuting and want more agency over their work)–and b) research shows that it boosts productivity. But the work-from-home shift brings a new threat: always-on work and a further erosion of any line between “life” and work. A new study from the World Health Organization shows that among the 2 million people that die from work-related causes a year, the…
Employees—whether hotel workers or investment bankers—are quitting, and superficial “wellness programs” aren’t going to reverse it By Thierry Malleret, economist A recent report from McKinsey that surveyed employers and employees in Australia, Canada, Singapore, the UK, and the US to investigate the “Great Resignation” (or “Great Attrition”) phenomenon found out that 40% of the employee respondents are “at least somewhat likely to quit in the next…
Top 20 International Markets for Wellness Real Estate The GWI’s new research report on the wellness real estate market shows powerful global growth in three short years: expanding from $148 billion in 2017 to $275 billion in 2020. But what are the top twenty national real estate markets and what kind of growth have they seen? The research shows amazing growth across the board: The US, China,…
