India corporate wellness market size reached INR 18.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 31.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.50% during 2024-2032. The rising emphasizes among organizations to create workplace culture that contribute to the holistic health and success of both employees and the businesses they serve is primarily driving the market growth.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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INR 18.5 Billion |
Market Forecast in 2032
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INR 31.7 Billion |
Market Growth Rate 2024-2032 | 5.50% |
Corporate wellness pertains to the set of workplace initiatives, policies, and programs designed to foster healthy behaviors and positively impact the health outcomes of employees. Encompassing aspects of physical, mental, and emotional health, corporate wellness initiatives provide resources and incentives that encourage healthy lifestyles, such as fitness classes, nutritional education, and stress management training. These efforts are instrumental in the prevention and management of chronic diseases, stress reduction, and the improvement of overall life satisfaction among employees. Corporate wellness programs play a crucial role in talent acquisition and retention by showcasing an employer's commitment to the well-being of their workforce. Many companies go beyond traditional offerings by providing gym memberships, healthy meals, and educational resources covering a spectrum of topics from sleep hygiene to financial well-being. This comprehensive approach not only contributes to the health and happiness of employees but also fosters a positive and supportive workplace culture. By addressing multiple dimensions of wellness, including physical fitness, mental health, and lifestyle choices, corporate wellness programs create an environment conducive to employee productivity, satisfaction, and engagement.
The corporate wellness market in India has emerged as a dynamic sector, reflecting the growing recognition of the impact of employee well-being on organizational success. In India, this market has witnessed significant growth as employers increasingly prioritize the physical, mental, and emotional well-being of their workforce. Additionally, corporate wellness programs in India are designed to offer a holistic approach to employee health, incorporating elements such as physical fitness, mental health support, and lifestyle education. Apart from this, beyond the direct benefits to employees, corporate wellness initiatives in India also play a strategic role in talent acquisition and retention. By demonstrating a commitment to the well-being of their staff, organizations enhance their attractiveness as employers. Moreover, many businesses go a step further by offering perks like gym memberships, healthy meals, and educational resources covering topics ranging from sleep hygiene to financial wellness. Besides this, the inflating need for improving employee well-being is expected to fuel the market growth across India in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on service, category, delivery, and organization size.
Service Insights:
The report has provided a detailed breakup and analysis of the market based on the service. This includes health risk assessment, fitness, smoking cessation, health screening, nutrition and weight management, stress management, and others.
Category Insights:
A detailed breakup and analysis of the market based on the category have also been provided in the report. This includes fitness and nutrition consultants, psychological therapists, and organizations/employers.
Delivery Insights:
The report has provided a detailed breakup and analysis of the market based on the delivery. This includes onsite and offsite.
Organization Size Insights:
A detailed breakup and analysis of the market based on the organization size have also been provided in the report. This includes small scale organizations, medium scale organizations, and large scale organizations.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | INR Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Services Covered | Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition and Weight Management, Stress Management, Others |
Categories Covered | Fitness and Nutrition Consultants, Psychological Therapists, Organizations/Employers |
Deliveries Covered | Onsite, Offsite |
Organization Sizes Covered | Small Scale Organizations, Medium Scale Organizations, Large Scale Organizations |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |