The global wellness services market size accounted for USD 5,511 billion in 2024 and is expected to exceed around USD 9,503 billionby 2034, growing at a CAGR of 5.6% from 2024 to 2034.
The global wellness services market is a multifaceted industry that includes industries that allow consumers to incorporate wellness lifestyles and activities into their daily lives. This includes physical activity, supporting sectors, and wellness products. Increasing spending in corporate wellness programs is the key factor driving the growth of the market. Wellness enthusiasts are major contributors to the overall growth of the market. Also, a rise in the per capita income of the middle-class population in several countries can further fuel the demand for wellness services.
The increase in demand for high-function ingredients in skincare products is an ongoing trend in the market. Consumers today want skincare products that will produce long-lasting and noticeable results. Hence, they are increasingly seeking products that have high potent value, impacting market growth positively. Additionally, the e-integration of the latest technologies and digital devices in wellness services has led to the adoption of trackers, fitness bands, and other wearable devices.
Published by Laxmi Narayan
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| Stats ID: | 7067 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7067 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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