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…
Sue Harmsworth, spa industry visionary Sue Harmsworth needs little introduction: She has spent five decades shaping the global spa, global wellness and beauty industries (responsible for designing 500+ spas in 65 countries), and her services were honored by Queen Elizabeth the Second. She founded the global brand ESPA in 1993, which she sold in 2017; is founder of Sue Harmsworth Ltd, which advises owners and…
AFRICA WELLNESS INITIATIVE TRENDS Africa: The Next Frontier for Innovations As the world continues to navigate post-pandemic and through other emerging global challenges, Africa has shown great resilience and with that has come great innovations that have an impact on many aspects of humanity (socially, health wise or environmentally). Through the TLC African wellness stories, I had the opportunity to interview some phenomenal institutions across…
The Beauty Meets Wellness Initiative has identified four playgrounds or incubators of change and objectives for their work. Click to explore more.
Media Contact: Beth McGroarty [email protected] • +1.213.300.0107 First-Ever Report on the Global Economy of Physical Activity To Be Released at Global Wellness Summit Global Wellness Institute study will provide all-new market data and trends analysis for the physical activity market, including the fitness, sports, mindful movement, equipment, apparel and technology subsectors; 18 industry sponsors ensure this data-packed report is free to all Miami, FL – September…
