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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Health and Wellness Market Regional Analysis
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America as well as Middle East and Africa. North America holds a significant portion of the health and wellness market share. The United States, notably, is growing at a healthy pace amidst the growing trend of mindfulness and increasing interest in personalised beauty and nutrition. The US health and wellness market size is expected to grow, driven by innovations by key market players, robust growth of the wearable technology market, and the flourishing functional foods and beverages market.
The Asia Pacific follows North America significantly with South Korea and India leading the regional markets. The heightening trend toward K-beauty and adoption of Korean skincare products globally is a major driver propelling the market. The health and wellness market size in India is likely to grow, owing to affordable and high quality products offered by the Indian brands, which are gaining notable traction among people worldwide. Asia Pacific region is expected to witness healthy growth in the forecast period due to the growing economic development, the proliferation of spas and retreats, thriving medical tourism, and the expansion of the preventative healthcare market. In the forecast period, growing investments in digital health start-ups, coupled with the increasing importance of celebrities and influencer marketing, are likely to aid the market in the coming years.
The health and wellness market size in UK is experiencing significant growth, driven by continuous investments and new product launches. People in the United Kingdom heavily invest in self-care due to high disposable income resulting in notable market growth. The UK also holds the sixth position in the global spa market and the ninth wellness tourism market in the world. These factors are poised to drive the market in the forecast period.
Health and Wellness Market Report Snapshots
Health and Wellness Market Size
Health and Wellness Market Growth
Health and Wellness Market Trends
Health and Wellness Market Share
Health and Wellness Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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United States (Head Office)
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124