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New research conducted by the Global Wellness Institute forecasts the wellness tourism to reach US$1 trillion in 2024. GWI’s new research on the wellness tourism market contains data, from the size of the top-20 national markets, to which global region is growing fastest, to how much the average wellness tourist now spends.
In the last year, as we emerged from the pandemic, survey after survey—whether from AMEX or Accenture—revealed that travellers were seeking wellness as never before. The GWI’s new report, Global Wellness Economy Monitor 2023, provides the first hard numbers to prove it, and the boom in the wellness tourism market is one of the big stories in their new research.
If the global wellness tourism market was hit hard from 2019 to 2020 (plummeting from $720 billion to $351 billion), it has been the #1 growth leader among all 11 wellness markets since: clocking 36% annual growth between 2020 and 2022, to reach $651 billion (90% of its 2019 level).
With more recovery ahead—and with what feels like a permanent shift towards “more wellness” with travellers—the GWI forecasts that the wellness tourism market will more than double from 2022 to 2027, with dramatic spending jumps from 2022 ($651 billion) to 2023 ($868 billion) to 2024 ($1 trillion) to 2027 (1.4 trillion).
Its 16.6% annual growth rate over the next five years will make it the second biggest future growth leader among all wellness sectors, trailing only wellness real estate at 17.4%.
Wellness tourism is growing significantly faster than tourism overall: Wellness tourism’s extraordinary 36% annual spending growth, and 30% annual wellness trip growth (from 2020 to 2022) is markedly higher than growth rates for overall tourism expenditures (28.4%) and trips (23.8%).
How much of the spend in travel is on wellness? Wellness trips now account for 7.8% of all tourism trips but represent a much higher 18.7% of all tourism expenditures. Translation: wellness tourism accounts for almost 1 in 5 total “travel dollars” spent.
Domestic wellness trips dominate: Wellness travellers made 819.4 million international and domestic wellness trips in 2022, a major increase over 2020 and 2021 levels. Among those 819 million annual wellness trips, international/inbound trips now account for only 12% (95 million trips), while domestic wellness trips account for 88% (725 million trips). But the global differences can be huge: in North America, only 4% of wellness trips are inbound/international, while in the Middle East-North Africa that number is 50%.
Wellness travellers spend far more than “regular” tourists: International wellness tourists on average spent $1,764 per trip—41% more than the typical international tourist. The spending premium for domestic wellness tourists is even higher, at 175% more than the average domestic tourist (or $668 per trip).
The top five biggest national wellness tourism markets are:
1) US $256 billion 32%
2) Germany $70.2 billion 50%
3) France $35.5 billion 36%
4) Austria $19.5 billion 28%
5) Switzerland $17.7 billion 37%
The United States now accounts for 24% of all wellness trips and 39% of all wellness tourism expenditures.
Wellness tourism is skyrocketing in Middle East-North Africa: MENA has been the #1 recent growth leader in wellness tourism spending, with 61.5% annual growth from 2020 to 2022. Average expenditures per trip have also grown the fastest in the MENA region, reaching $1,354 per wellness trip, which exceeds the level in North America.
Asia Pacific has lagged the most in its post COVID recovery mainly due to China’s prolonged restrictions. The lack of Chinese outbound tourists has had a significant impact on the recovery of other Asian countries such as Japan, South Korea and Thailand.
Image. AlUla in Saudi Arabia secured the title of ‘Favourite Wellness Destination of the Middle East’ at the Global Spa – Readers Choice Awards 2023 – a testament to AlUla’s incredible wellness offerings against the backdrop of its stunning natural beauty and desert landscapes.
AlUla is home to picturesque natural wonders, long-forgotten civilisations, and a land of significant human heritage. But apart from its rich culture and history, AlUla is also a wellness haven. The 3rd edition of the AlUla Wellness Festival 2023 was recently held from October 19th to November 4th. More information on Experience AlUla
21st October 2022 - Australia ranked as most desirable wellness tourism destination in the world
5th July 2022 - Australia’s Wellness Tourism Summit to be held in October
26th May 2021 - New Wellness Tourism Unearthed event to be held in the Adelaide Hills
8th October 2020 - Plans approved for $350 million sport, health and wellness tourism destination on Victoria’s Surf Coast
23rd March 2020 - Spa Vision and Spa Guru Consulting collaborate on New Zealand wellness tourism project
19th February 2020 - Noosa to host Australia’s inaugural Wellness Tourism Industry Summit
14th November 2018 - New study reveals strong ongoing growth in wellness tourism
29th January 2017 - Significant growth in international wellness tourism
20th October 2016 - Mornington Peninsula hot springs to be exploited for wellness tourism
11th April 2016 - Wellness tourism on the rise
29th October 2013 - Wellness tourism and spa sectors urged to unite
4th August 2013 - Global Spa & Wellness Summit expands with new Global Wellness Tourism Congress
8th June 2023 - Construction begins on AlUla’s Sharaan Resort and International Summit Centre
25th May 2023 - Azulik AlUla desert eco-resort to be developed in Saudi Arabia
