Market Overview:
India wellness tourism market size is projected to exhibit a growth rate (CAGR) of 6.70% during 2024-2032. The increasing demand for booking platforms and online resources, which make it simpler for individuals to find and plan wellness trips, is driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
6.70% |
Wellness tourism is a rapidly growing sector in the travel industry that focuses on promoting holistic well-being and a healthy lifestyle. Travelers seek destinations and experiences that contribute to their physical, mental, and emotional wellness. These journeys often include activities such as spa retreats, yoga and meditation retreats, fitness programs, and healthy culinary experiences. Wellness tourism aims to rejuvenate the mind and body, offering a break from the stressors of daily life. Travelers are drawn to destinations with natural beauty, tranquil environments, and therapeutic resources. Whether it's indulging in spa treatments, practicing mindfulness, or engaging in outdoor activities, wellness tourism emphasizes self-care and personal growth. As people increasingly prioritize health and well-being, the wellness tourism industry continues to evolve, providing diverse and enriching options for those seeking a rejuvenating travel experience.
India Wellness Tourism Market Trends:
The wellness tourism market in India is experiencing robust growth, fueled by various drivers that collectively shape its expanding market. Firstly, the increasing awareness and prioritization of personal health and well-being have propelled the demand for wellness-focused travel experiences. Consequently, individuals are seeking destinations that offer a holistic approach to health, including spa retreats, fitness programs, and mindfulness activities. Moreover, the rising prevalence of lifestyle-related health issues, such as stress and burnout, has prompted a surge in the quest for rejuvenating getaways. This trend is further accentuated by the contemporary emphasis on preventive healthcare, driving people to proactively invest in wellness-oriented travel to maintain a balanced and healthy lifestyle. Additionally, advancements in technology and social media have played a pivotal role in shaping consumer preferences by disseminating information about wellness destinations, retreats, and experiences. This increased accessibility to information has heightened consumer expectations, prompting the tourism industry to respond with innovative wellness offerings. Furthermore, the expanding middle class, coupled with higher disposable incomes, has empowered a larger demographic to participate in wellness tourism. The desire for unique and transformative travel experiences has become a key motivator, driving individuals to explore destinations that offer a blend of relaxation, self-discovery, and overall well-being. In essence, these interconnected factors are steering the wellness tourism market towards unprecedented growth, creating a vibrant landscape for health-conscious travelers in India.
India Wellness Tourism Market Segmentation:
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 travelers type, service type, and location.
Travelers Type Insights:
The report has provided a detailed breakup and analysis of the market based on the travelers type. This includes primary and secondary.
Service Type Insights:
- Transport
- Lodging
- Food and Beverage
- Shopping
- Activities and Excursion
- Others
A detailed breakup and analysis of the market based on the service type have also been provided in the report. This includes transport, lodging, food and beverage, shopping, activities and excursion, and others.
Location Insights:
The report has provided a detailed breakup and analysis of the market based on the location. This includes domestic and international.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
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.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. 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.
India Wellness Tourism Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Travelers Type
- Service Type
- Location
- Region
|
Travelers Type Covered |
Primary, Secondary |
Service Types Covered |
Transport, Lodging, Food and Beverage, Shopping, Activities and Excursion, Others |
Locations Covered |
Domestic, International |
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) |
Key Questions Answered in This Report:
- How has the India wellness tourism market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India wellness tourism market?
- What is the breakup of the India wellness tourism market on the basis of travelers type?
- What is the breakup of the India wellness tourism market on the basis of service type?
- What is the breakup of the India wellness tourism market on the basis of location?
- What are the various stages in the value chain of the India wellness tourism market?
- What are the key driving factors and challenges in the India wellness tourism?
- What is the structure of the India wellness tourism market and who are the key players?
- What is the degree of competition in the India wellness tourism market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India wellness tourism market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India wellness tourism market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India wellness tourism industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.