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…
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AFRICA WELLNESS INITIATIVE TRENDS 2025 Trends TREND 1: The Resurgence of Indigenous Birthing Models TREND 2: Fonio : The Ancient Grain of the Future TREND 3: African Wellness Tourism: Beyond the Safari Experience TREND 4: Breaking the Shade Barrier: The Rise of Inclusive Beauty and Representation TREND 5: The Mental Health Revolution- Community-Driven Healing READ MORE The Global Wellness Institute serves as an umbrella…
There are numerous pathways to mental wellness, many of which are known to us but often seem like an impossible to-do list. In GWI’s report Defining the Mental Wellness Economy, we segment them into four broad categories: 1) activity and creativity, 2) growth and nourishment, 3) rest and rejuvenation, and 4) connection and meaning. These domains have mind-body and internal-external dimensions, although their boundaries may…
C. Victor Brick, CEO of Planet Fitness Growth Partners and the founder of the John W. Brick Mental Health Foundation, on the Future of Wellness. C. Victor Brick has 35 years of success in the fitness industry and is CEO of Planet Fitness Growth Partners (PFGP), the largest privately owned Planet Fitness franchise with 80+ clubs in the US and Australia. He’s chairman of the…
