The Global Wellness Economy: Looking Beyond COVID THE GLOBAL WELLNESS ECONOMY: LOOKING BEYOND COVID Individual Sectors Wellness Market Snapshots Wellness Tourism (pandemic loser, future winner): Grew 8% annually from 2017 to 2019 (reaching $720 billion) and then took a major hit in 2020. The market shrunk -39.5% to $436 billion, while wellness trips dropped from 936 million to 601 million. The impressive 21% annual…
New Research: Wellness Real Estate Market Doubles from 2017-2020–Reaching $275 Billion Says GWI Research Team By Beth McGroarty The Global Wellness Institute today released new research on the wellness real estate market–and it reveals incredible recent growth. The global market nearly doubled in 3 years: from $148 billion in 2017 to $275 billion in 2020. That’s 22% annual growth. The pandemic further fueled growth: from 2019-2020, wellness real…
Media Contact: Beth McGroarty [email protected] • +1.213.300.0107 Wellness Real Estate Market Nearly Doubles from 2017-2020–Jumping from $148 to $275 Billion New Global Wellness Institute research reveals sector grew 22% during pandemic year, while overall construction projects shrank -2.5%; wellness residential projects have quickly tripled, from 740 worldwide in 2017 to over 2,300 today Miami, FL – September 28, 2021 – The nonprofit Global Wellness Institute (GWI),…
Curated by the Global Wellness Institute and Renee Moorefield, member of the GWI Advisory Boardand CEO of Wisdom Works Group. “I am still learning.”––Michelangelo at age 87 The larger work of The Wellness Moonshot: A World Free of Preventable Disease is to make wellness central to every aspect of our organizations, communities, societies and personal lives. This is truly an aspirational (and enormous!) task, but…
THERMAL/MINERAL SPRINGS The Global Wellness Institute has tracked and measured the global thermal/mineral springs industry for more than a decade. In 2013, we estimated that thermal/mineral springs was a $50 billion industry globally. Since that time, the thermal/mineral springs industry has grown rapidly alongside the broader wellness movement. As of 2019, we estimated 34,860 thermal/mineral springs establishments operating worldwide, earning $66 billion in revenues. This…
PHYSICAL ACTIVITY Physical activity is essential to health, and yet, collectively, we have become more inactive. Physical activity is intrinsic to wellness, and the link between physical activity and good health has been clinically and scientifically proven. Yet, in recent decades, there has been an alarming trend of declining physical activity in countries around the world, to the point where as many as 27.5% to…
