The 2023 Global Wellness Economy Monitor
Data for 2019-2022
The 2023 Global Wellness Institute research reveals that the wellness economy has made a powerful recovery from the pandemic, reaching $5.6 trillion in 2022. This report is packed with data capturing the growth and trends in the global wellness economy and its 11 sectors from 2019-2022. GWI’s 2023 Global Wellness Economy Monitor report reveals a wellness market surging post-pandemic: growing 12% annually since 2020, setting a new record value and forecast to grow another 52% by 2027. View full press release
The Global Wellness Economy grows to $5.6 trillion In 2022
What is the Wellness Economy?
The wellness economy encompasses 11 varied and diverse industries that enable consumers to incorporate wellness activities and lifestyles into their daily lives.
Key Takeaways
• The Global Wellness Economy
The global wellness economy is recovering strongly from the pandemic and reached a record $5.6 trillion in 2022.
• Regional Analysis
All regions have recovered from the pandemic, but North America, Europe, and Middle East-North Africa have shown the strongest resilience and growth from 2019-2022.
• Sector Analysis
Seven of the eleven wellness sectors have fully recovered from the pandemic, with a 2022 market size that exceeds their 2019 level.
• Projected Future Growth
For the next five years, we project that the global wellness economy will grow at a robust rate of 8.6% annually, a growth rate substantially higher than the projected global GDP growth (5.1% according to current IMF forecasts).
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Hear from the GWI Research Fellows
GWI research fellows Ophelia Yeung and Tonia Callender share highlights from the new 2023 Global Wellness Economy Monitor in this short video.
