Aging Well Initiative 2025 Trends TREND 1: Creative Aging The Creative Aging movement is a transformative wellness trend that redefines later life as a period of growth, creativity, cultural contribution, and personal exploration. While older adults have long been involved in arts programming, there is an increasing recognition of the strong connections between creative engagement and overall well-being. Creative activities such as painting, music, dance,…
Snapshots of the 11 Wellness Markets: From GWI’s 2023 Global Wellness Economy Monitor report, these data snapshots of all 11 wellness markets are organized into three groups: 1) sectors that grew throughout the pandemic and have continued to grow; 2) sectors that initially shrank but have recovered from the pandemic; and 3) sectors that shrank significantly during the pandemic and have not fully recovered. I) Wellness…
2023 Global Wellness Economy Monitor Snapshots of the 11 Wellness Markets: From GWI’s 2023 Global Wellness Economy Monitor report, these data snapshots of all 11 wellness markets are organized into three groups: 1) sectors that grew throughout the pandemic and have continued to grow; 2) sectors that initially shrank but have recovered from the pandemic; and 3) sectors that shrank significantly during the pandemic and have not fully…
Cryotherapy Initiative 2023 Trends The Global Wellness Institute’s Cryotherapy Initiative is all about the benefits of cold but cryotherapy is a very “hot” trend. The Initiative team presents the new aspects of this trend as individual “trends,” as follows: TREND 1: Electrical-driven Systems are Being Substituted for Gas-driven systems in Cryotherapy Gas/nitrogen driven systems use evaporation of gas to generate ultra-low temperatures, while electricity driven…
Media Contact: Beth McGroarty [email protected] • +1.213.300.0107 The Global Wellness Economy Stands at $4.4 Trillion Amidst the Disruptions of COVID-19; Is Forecast to Reach $7 Trillion by 2025 New Global Wellness Institute research–the most in-depth in its history–reveals that the wellness market grew to a record $4.9 trillion in 2019 and then fell to $4.4 trillion in the pandemic year of 2020. But with a consumer…
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…
