《全球健康研究院(GWI):2024全球健康經濟研究報告:國家排名(2019-2022年數據)(英文版)(70頁).pdf》由會員分享,可在線閱讀,更多相關《全球健康研究院(GWI):2024全球健康經濟研究報告:國家排名(2019-2022年數據)(英文版)(70頁).pdf(70頁珍藏版)》請在三個皮匠報告上搜索。
1、The Global Wellness Economy:Country RankingsData for 2019-2022January 2024Copyright 2024 by the Global Wellness InstituteQuotation of,citation from,and reference to any of the data,findings,and research methodology from this report must be credited to“Global Wellness Institute,The Global Wellness Ec
2、onomy:Country Rankings(2019-2022),January 2024.”For more information,please contact researchglobalwellnessinstitute.org or visit www.globalwellnessinstitute.org.Contents What Is Wellness?iWhat Is the Wellness Economy?iiResearch Methodology and Scopeiii1The Global Wellness Economy12Regional Wellness
3、Economy Analysis3Wellness Economy by Region4Post-Pandemic Recovery by Region5Regional Wellness Spending Per Capita and as a Share of GDP7Regional Wellness Economy Profiles:11Asia-Pacific12Europe13Latin America-Caribbean14Middle East-North Africa15North America16Sub-Saharan Africa173Wellness Economy
4、Country Rankings19Top 25 Largest Wellness Markets20Post-Pandemic Recovery Across Different Countries22Per Capita Spending on Wellness By Country30Detailed Country Data Tables:33Wellness Economy Size and Rankings Time Series(2019-2022)34Wellness Economy and GDP Per Capita(2022)39Wellness Economy and
5、Tourism as a Percent of GDP (2019 and 2022)44Appendix:Wellness Economy Definitions49Acknowledgements51Geography of Wellness Partners53Tables and Figures Chapter 1Figure 1.1.Global Wellness Economy:$5.6 Trillion in 2022(bubble chart)1Figure 1.2.Global Wellness Economy Market Size and Growth Projectio
6、ns,2017-20272Chapter 2Table 2.1.Wellness Economy by Region,2019-20224Figure 2.1.Recovery of the Wellness Economy by Region,2019 versus 20225Figure 2.2.Wellness Economy as a Share of GDP by Region,2019-20227Figure 2.3.Wellness Economy Per Capita by Region,2019-20228Figure 2.4.Regional Comparison of P
7、er Capita Spending on Wellness Versus Other Spending Categories,20229Figure 2.5.Asia-Pacific:Wellness Economy Profile,2019-202212Figure 2.6.Europe:Wellness Economy Profile,2019-202213Figure 2.7.Latin America-Caribbean:Wellness Economy Profile,2019-202214Figure 2.8.Middle East-North Africa:Wellness E
8、conomy Profile,2019-202215Figure 2.9.North America:Wellness Economy Profile,2019-202216Figure 2.10.Sub-Saharan Africa:Wellness Economy Profile,2019-202217Chapter 3Table 3.1.Wellness Economy:Top 25 Markets in 202220Figure 3.1.Average Annual Growth and Pandemic Recovery:Top 25 Markets,2019-2020 and 20
9、20-202223Table 3.2.Wellness Economy and Tourism as a Percent of GDP:Top 25 Markets,2019 and 202225Figure 3.2.Selected Countries with the Strongest and Weakest Post-Pandemic Wellness Market Recovery(2019-2020 and 2020-2022)26Table 3.3.Wellness Economy and Tourism as a Percent of GDP:Selected Countrie
10、s with the Strongest and Weakest Post-Pandemic Wellness Market Recovery(2019 and 2022)29Figure 3.3.Composition of the Wellness Economy for Selected Countries in 202230Table 3.4.Wellness Economy Per Capita,GDP Per Capita,and Tourism:Top 25 Markets in 202231Table 3.5.Wellness Economy Size and Rankings
11、 Time Series(2019-2022)34Table 3.6.Wellness Economy and GDP Per Capita(2022)39Table 3.7.Wellness Economy and Tourism as a Percent of GDP(2019 and 2022)44About the Global Wellness InstituteThe Global Wellness Institute(GWI),a 501(c)(3)non-profit organization,is considered the leading global research
12、and educational resource for the global wellness industry and is known for introducing major industry initiatives and regional events that bring together leaders and visionaries to chart the future.GWI positively impacts global health and wellness by advocating for both public institutions and busin
13、esses that are working to help prevent disease,reduce stress,and enhance overall quality of life.Its mission is to empower wellness worldwide.www.globalwellnessinstitute.orgAbout the AuthorsThe Global Wellness Economy:Country Rankings(2019-2022)was prepared by Katherine Johnston,Ophelia Yeung,and To
14、nia Callender.As GWIs principal researchers,they are the team that has defined and measured the size of the global wellness economy and its sectors over the last fifteen years.Their academic and professional background is in economic analysis,international development,and public policy.Ms.Johnston,M
15、s.Yeung,and Ms.Callender received post-graduate degrees from Georgetown,Princeton,and Harvard Universities,respectively.Together,they bring many decades of experience conducting research,impact assessments,and strategy development for countries,regions,industry consortia,companies,and nonprofit inst
16、itutions around the world.The Global Wellness Economy:Country Rankings(2019-2022)|iWhat Is Wellness?Wellness is a modern word with ancient roots.The key tenets of wellness as both preventive and holistic can be traced back to ancient civilizations from the East(India,China)to the West(Greece,Rome).I
17、n 19th century Europe and the United States,a variety of intellectual,religious,and medical movements developed in parallel with conventional medicine.With their focus on holistic and natural approaches,self-healing,and preventive care,these movements have provided a firm foundation for wellness tod
18、ay.Wellness-focused and holistic modalities have gained more visibility since the 1960s/1970s under the writings and thought leadership of an informal network of U.S.physicians and thinkers(such as Halbert Dunn,Jack Travis,Don Ardell,Bill Hettler,and others).As these have evolved,proliferated,and go
19、ne mainstream,they have informed the healthy-living,self-help,self-care,fitness,nutrition,diet,and spirituality practices that have become a flourishing wellness movement in the 21st century.The Global Wellness Institute(GWI)defines wellness as:the active pursuit of activities,choices,and lifestyles
20、 that lead to a state of holistic health.There are two important aspects to this definition.First,wellness is not a passive or static state,but rather an“active pursuit”that is associated with intentions,choices,and actions as we work toward an optimal state of health and well-being.Second,wellness
21、is linked to holistic health that is,it extends beyond physical health and incorporates many different dimensions that should work in harmony(see figure).Wellness is an individual pursuit we have self-responsibility for our own choices,behaviors,and lifestyles but it is also significantly influenced
22、 by the physical,social,and cultural environments in which we live.Research on the determinants of health indicates that environmental,socioeconomic,and lifestyle factors can account for 80-90%of our disease risks and health outcomes.Wellness is often confused with terms like health,well-being,and h
23、appiness.While there are common elements among them,wellness is distinguished by not referring to a static state of being(i.e.,being happy,in good health,or a state of well-being).Rather,wellness is associated with an active process of being aware and making choices that lead toward an outcome of op
24、timal holistic health and well-being.PREFACESoCIAlPhySICAlMEnTAlSPIRITuAlEMoTIonAlWEllnESSEnvIRon-MEnTAlWellness Is Multidimensionalii|Global Wellness InstituteWhat Is the Wellness Economy?The Global Wellness Institute(GWI)defines the wellness economy as industries that enable consumers to incorpora
25、te wellness activities and lifestyles into their daily lives.In our definition,the wellness economy encompasses eleven varied and diverse sectors.GWI first pioneered this concept and measured the wellness economy in the 2014 Global Wellness Economy Monitor,when we estimated wellness as a$3.4 trillio
26、n industry in 2013.To our knowledge,this was the first time that wellness was defined and measured as a global industry,with underlying sector-level and country-level data.Since then,we have published updated figures on the wellness economy for 2015,2017,2019,and 2020.The overall wellness economy de
27、finition,framework,and measurement methodology have not changed over the last decide,but we have made a few key expansions:In our 2013 dataset,we only provided regional and country-level data for three sectors(wellness tourism,spas,and thermal/mineral springs).Over time,we have expanded the depth an
28、d breadth of our research,and we have provided detailed regional-and country-level data for additional sectors every time we have published the Global Wellness Economy Monitor.In our 2020 dataset,we added mental wellness as an eleventh sector in the wellness economy(previously our figures had includ
29、ed ten sectors).We also significantly expanded our definition and measurement of the physical activity sector(previously this sector was defined more narrowly as“fitness&mind-body”only).In our 2020 dataset,we expanded our regional-and country-level data collection to cover all eleven sectors.For the
30、 first time,this allowed us to release aggregated wellness economy figures for every country and region(rather than just at the global level).Our wellness economy framework and data are grounded in our numerous in-depth sector-level studies,starting with our first study on the global spa industry in
31、 2008.Since then,we have conducted pioneering research on the following seven wellness sectors:spas,thermal/mineral springs,wellness tourism,workplace wellness,wellness real estate,physical activity,and mental wellness.For each of these sectors,we have created a conceptual framework to define the se
32、ctor and its boundaries,and we conduct original,country-level research to estimate the market size and arrive at globally aggregated figures.To our knowledge,these are the only studies that have estimated the size of these sectors across all countries in the world,using a consistent framework.In add
33、ition to the seven wellness sectors where we have done in-depth study,we also produce original country-level and global estimates for four other sectors:personal care&beauty;healthy eating,nutrition,&weight loss;public health,prevention,&personalized medicine;and traditional&complementary medicine.F
34、or more information and GWIs most recent data and analysis for the global wellness economy,see:https:/globalwellnessinstitute.org/industry-research/.PREFACEThe Global Wellness Economy:Country Rankings(2019-2022)|iiiResearch Methodology and ScopeThe global wellness economy and sector data presented i
35、n this report are for the years 2019,2020,2021,and 2022.The definitions,conceptual frameworks,and estimation models for each of the wellness sectors are developed by the authors under the auspices of the Global Wellness Institute(GWI),consistent with the data and methodologies used in prior GWI stud
36、ies over the last fifteen years.Our dataset covers the entire world(218 countries,territories,and markets).The authors have developed original,country-level data estimates for nine wellness economy sectors(spas;thermal/mineral springs;wellness tourism;workplace wellness;wellness real estate;physical
37、 activity;mental wellness;traditional&complementary medicine;and public health,prevention,&personalized medicine),based on GWIs proprietary models and databases and drawing on a wide variety of primary and secondary data sources.Figures for the other two wellness sectors(personal care&beauty,and hea
38、lthy eating,nutrition,&weight loss)follow GWIs customized definitions and conceptual framework,but they are aggregated primarily from Euromonitor and other secondary sources.The analysis is based on extensive primary and secondary research conducted from January to September 2023,including literatur
39、e reviews,data research,and expert interviews.Key public and private sources consulted include:Euromonitor International,World Bank,International Monetary Fund(IMF),World Health Organization(WHO),International Labour Organization(ILO),World Travel&Tourism Council(WTTC),World Tourism Organization(UNW
40、TO),Statista,Eurostat,U.S.Bureau of Labor Statistics,U.S.National Institutes of Health,International Spa Association(ISPA),International Health,Racquet,&Sportsclub Association(IHRSA),International Coaching Federation(ICF),and many other organizations.Other sources include global travel promotion and
41、 booking websites;numerous industry-specific organizations,databases,publications,and media sources(e.g.,the Global Wellness Trends Reports by the Global Wellness Summit,Spa Business Handbook,Spa Business Magazine,Club Industry,Health Club Management,etc.);and dozens of government ministries and sta
42、tistical agencies in countries around the world.The authors have also benefited from the industry insights and technical inputs from several Global Wellness Institute Initiatives,including:Hot Springs Initiative,Mental Wellness Initiative,Wellness Tourism Initiative,Wellness Communities&Real Estate
43、Initiative,and Workplace Wellbeing Initiative.note that the 2019 and 2020 wellness economy figures presented in this report have been revised and are slightly different from the figures presented in the previous edition of the Global Wellness Economy Monitor(released in 2021)and related country repo
44、rts.These adjustments were made for a number of reasons,including changes in sector definitions and measurements to reflect the evolution of the wellness market,as well as revisions in the underlying data sources that are used for making GWIs estimates for certain sectors.For more details on the dat
45、a presented in this report,including global/regional data and sectoral breakdowns,see:The Global Wellness Economy Monitor(2023),https:/globalwellnessinstitute.org/industry-research/global-wellness-economy-monitor-2023/.PREFACEiv|Global Wellness InstituteThe Global Wellness Economy:Country Rankings(2
46、019-2022)|112.1%CAGR2020-2022$5.6 trillionGlobal Market In 2022Note:Numbers do not add due to overlap in sectors.Source:Global Wellness InstituteGLOBAL WELLNESS ECONOMY:$5.6 trillion in 2022WellnessTourism$651bPersonal Care&Beauty$1,089b Spas$105bPhysicalActivity$976bHealthy Eating,Nutrition,&Weight
47、 Loss$1,079bPublic Health,Prevention,&PersonalizedMedicine$611bWellnessReal Estate$398bMentalWellness$181bTraditional&ComplementaryMedicine$519bWorkplaceWellness$51bSprings$46bChAPTER 1 The Global Wellness EconomyFigure 1.12|Global Wellness InstituteThe global wellness economy is recovering strongly
48、 from the pandemic and reached$5.6 trillion in 2022.Like most industries,the global wellness economy has experienced major shifts and disruptions over the last few years in the wake of the COVID-19 pandemic.Prior to 2020,the wellness economy was growing strongly,and faster than overall economic grow
49、th,for many years.In 2019,the wellness economy reached$4.9 trillion.In 2020,it fell by 9.5%to$4.5 trillion,due to the pandemic(see Figure 1.2).By comparison,global GDP fell by only 2.7%in 2020.1The good news is that the wellness economy has recovered quickly from the massive economic shock of 2020.M
50、ost(but not all)of the eleven wellness economy sectors have recovered and now surpass their pre-pandemic levels.In 2022,the global wellness economy stands at$5.6 trillion dollars,nearly 14%larger than its size in 2019.The wellness economy grew robustly by 16.4%in 2021 in its initial phase of recover
51、y from the pandemic,and then growth tapered off to 8.1%in 2022.By comparison,global GDP grew by 13.5%in 2021 and 4.1%in 2022.The global wellness economy and all of the wellness sectors are poised for strong ongoing recovery and growth in the coming years,fueled by a long-term trend of rising consume
52、r interest in and need for wellness,which has only accelerated since the pandemic.We project that the wellness economy will grow at a robust rate of 8.6%annually over the next few years,reaching nearly$8.5 trillion in 2027(see Figure 1.2).Figure 1.2 Global Wellness Economy Market Size and Growth Pro
53、jections,2017-20271 Global GDP data from:IMF,World Economic Outlook Database,April 2023 Edition,https:/www.imf.org/en/Publications/WEO/weo-database/2023/April.HistoricalProjectionCAGR=Compound Annual Growth RateSource:Global Wellness Institute20172018201920202021202220232024202520262027$9.0$8.0$7.0$
54、6.0$5.0$4.0$3.0$2.0$1.00US$trillions$4.32$4.93$5.19$8.47Projected8.6%CAGR$4.46$5.61The Global Wellness Economy:Country Rankings(2019-2022)|3ChAPTER 2Regional Wellness Economy AnalysisKey FindingsNorth America,Asia-Pacific,and Europe account for 90%of the global wellness economy in 2022.As of 2022,th
55、e wellness economies across all regions have recovered to and/or surpassed their pre-pandemic levels.The regions that have shown the strongest resilience,recovery,and growth in their wellness economies since before the start of the pandemic are North America(now at 123%of its 2019 size),Middle East-
56、North Africa(119%),and Europe(114%).Asia-Pacifics wellness economy has experienced relatively slower growth and recovery due to the prolonged impacts of the pandemic and currency depreciation in several major markets.In 2022,wellness as a share of GDP has surpassed its pre-pandemic level in North Am
57、erica and Europe,meaning that the wellness economy has been growing faster than the overall economy in these two regions.In other regions,wellness as a share of GDP remains below its pre-pandemic level.Globally,wellness as a share of GDP has also shrunk from 5.65%in 2019 to 5.60%in 2022.Per capita s
58、pending on wellness is significantly higher in North America($5,108)and Europe($1,596)than in other regions of the world,reflecting both the level of wealth and the overall development of the wellness economy in these two regions.Globally,per capita spending on wellness($706)is on par with consumer
59、out-of-pocket spending on health goods/medical services($711).At the regional level,per capita spending on wellness is higher than consumer out-of-pocket spending on healthcare across every region except North America.4|Global Wellness InstituteWEllnESS EConoMy by REGIonnorth America,Asia-Pacific,an
60、d Europe account for 90%of the global wellness economy in 2022.The global wellness industry is heavily concentrated in North America($1.9 trillion),Asia-Pacific($1.7 trillion),and Europe($1.5 trillion),which together account for 90%of the entire global wellness economy.In 2022,North America surpasse
61、d Asia-Pacific to become the largest regional wellness economy,a shift that has occurred due to relatively slower growth and recovery in some major Asian markets,as well as the prolonged pandemic restrictions and travel bans in China and Japan through 2022.Note that not all of the wellness spending
62、shown in Table 2.1 represents“local consumption.”Some wellness sectors,such as wellness tourism,spas,and thermal/mineral springs,are“export industries”i.e.,they sell services to non-residents/inbound tourists and earn foreign exchange for the country.Therefore,in each region,a portion of the wellnes
63、s economy spending is made by local residents and a portion is from visitors.Table 2.1 Wellness Economy by Region,2019-2022Wellness Economy Average Annual Growth Rate(uS$billions)Per Capita 20222019-20202020-20222019*2020*20212022North America$1,551.1$1,463.1$1,692.3$1,901.4$5,108-5.7%14.0%Asia-Paci
64、fic$1,589.8$1,468.5$1,653.7$1,698.1$399-7.6%7.5%Europe$1,293.9$1,133.4$1,383.7$1,469.7$1,596-12.4%13.9%Latin America-Caribbean$297.3$219.0$263.7$314.4$476-26.3%19.8%Middle East-North Africa$122.2$110.5$126.0$145.4$273-9.6%14.7%Sub-Saharan Africa$77.6$69.0$73.9$82.6$68-11.0%9.4%WoRlD$4,931.7$4,463.5$
65、5,193.3$5,611.6$706-9.5%12.1%*2019 and 2020 figures have been revised since GWI released the previous version of the Global Wellness Economy Monitor.For more information,see the companion GWI report:Global Wellness Economy Monitor 2023.Note:Figures may not sum to total due to rounding.Source:Global
66、Wellness Institute,based on extensive primary research and secondary data sources.The Global Wellness Economy:Country Rankings(2019-2022)|5PoST-PAnDEMIC RECovERy by REGIonAs of 2022,the wellness economies across all regions have recovered to and/or surpassed their pre-pandemic levels.In 2022,the wel
67、lness economies in all six regions were larger than their 2019 size(see Figure 2.1).This indicates that all regions have recovered from their downturn at the onset of the pandemic.north America,Middle East-north Africa,and Europe have shown the strongest resilience and growth from 2019-2022.The regi
68、ons that have shown the strongest resilience,recovery,and growth since before the start of the pandemic are North America(now at 123%of its 2019 level),Middle East-North Africa(119%),and Europe(114%).The other three regions are now at 106-107%of their 2019 levels(see Figure 2.1).Source:Global Wellne
69、ss Institute.Labels indicate the%to which the regions 2022 wellness economy exceeds its 2019(pre-pandemic)level.$2.0$1.8$1.6$1.4$1.2$1.0$0.8$0.6$0.4$0.20North AmericaAsia-PacificEuropeLatin America-CaribbeanMiddle East-North AfricaSub-Saharan AfricaFigure 2.1Recovery of the Wellness Economy by Regio
70、n2019 versus 2022US$trillions20192022$1.55$1.90$1.59$1.70$1.29$1.47$0.297$0.314$0.122$0.145$0.078$0.083123%of 2019107%of 2019114%of 2019106%of 2019119%of 2019106%of 20196|Global Wellness InstituteAsia-Pacific has experienced slower growth and recovery due to the prolonged impacts of the pandemic and
71、 currency depreciation.Asia-Pacific was one of the regions least negatively impacted by the pandemic(-7.6%in 2019-2020),but its wellness market has also seen the slowest growth and recovery over the last two years(12.6%growth from 2020-2021,which then fell to 2.7%growth in 2021-2022).In Asia,a few w
72、ellness sectors are still far below their pre-pandemic levels,including wellness tourism,spas,and thermal/mineral springs.Several sectors have posted very slow or negative growth from 2021-2022,including personal care&beauty;healthy eating,nutrition,&weight loss;physical activity;thermal/mineral spr
73、ings;and workplace wellness.As the largest wellness economy in the region,Chinas slow recovery has hampered Asias overall recovery.Specifically,its prolonged pandemic-related restrictions have depressed domestic Chinese tourism and intra-Asia travel,while weakened economic conditions in 2022 led to
74、a decline in Chinese consumer expenditures,slowing the recovery of many wellness sectors.In other major Asia-Pacific markets such as Japan,South Korea,and Australia currency depreciation against the U.S.dollar in 2022 has dampened the growth of their wellness economies when measured in U.S.dollars.T
75、he Global Wellness Economy:Country Rankings(2019-2022)|7REGIonAl WEllnESS SPEnDInG PER CAPITA AnD AS A ShARE oF GDPWellness as a share of GDP has surpassed its pre-pandemic level in north America and Europe,but not in other regions.Globally,the wellness economy represented 5.6%of total GDP in 2022.2
76、 As shown in Figure 2.2,the ratio of regional wellness industry size to GDP is the highest,and above the global average,in North America(6.9%)and Europe(5.8%).The Middle East-North Africa region is the lowest,at 3.3%.In 2020,wellness economy as a share of GDP fell in all regions except for Middle Ea
77、st-North Africa,as many wellness sectors such as wellness tourism and physical activity were hit hard by the pandemic.As of 2022,wellness as a share of GDP has fully recovered and exceeds pre-pandemic levels in North America and Europe.However,in Latin America-Caribbean,Asia-Pacific,Sub-Saharan Afri
78、ca,and the Middle East-North Africa,this metric remains below its 2019 level(see Figure 2.2),suggesting that the wellness economy has more room for recovery.At the global level,wellness economy as a share of GDP also remains below its pre-pandemic level,falling slightly from 5.65%in 2019 to 5.60%in
79、2022.Figure 2.2.Wellness Economy as a Share of GDP by Region,2019-20222 Global GDP data from:IMF,World Economic Outlook Database,April 2023 Edition,https:/www.imf.org/en/Publications/WEO/weo-database/2023/April.01%2%3%4%5%6%7%6.71%5.65%North America2019202020212022Note:2019 and 2020 figures have bee
80、n revised since GWI released the previous version of the Global Wellness Economy Monitor.Source:Global Wellness Institute and IMF(GDP data)EuropeLatin America-CaribbeanAsia-PacificSub-Saharan AfricaMiddle East-North Africa6.44%6.68%6.89%5.84%4.73%4.94%4.76%4.70%4.82%4.22%3.95%3.77%3.91%3.51%3.55%3.4
81、4%3.33%5.12%5.44%5.17%5.18%5.50%Global Level in 20225.6%8|Global Wellness InstitutePer capita spending on wellness is very high in north America and Europe.Per capita spending on wellness is significantly higher in North America($5,108)and Europe($1,596)than in other regions of the world,reflecting
82、both the level of wealth and the overall development of the wellness economy in these two regions.3 Across all regions,per capita spending on wellness declined in 2020 due to the pandemic,but it has recovered in the subsequent years.As of 2022,per capita spending on wellness exceeds the pre-pandemic
83、/2019 level in all regions except for Sub-Saharan Africa (see Figure 2.3).Figure 2.3 Wellness Economy Per Capita by Region,2019-20223 Note that the wellness economy figures include expenditures by inbound wellness tourists;therefore,not all of the per capita spending in each region is from the resid
84、ents within that region.0$500$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500$5,000$5,500$4,239$1,405North America2019202020212022Note:2019 and 2020 figures have been revised since GWI released the previous version of the Global Wellness Economy Monitor.Source:Global Wellness Institute and World Ban
85、k(population data)EuropeLatin America-CaribbeanAsia-PacificMiddle East-North Africa Sub-Saharan Africa$3,959$4,570$5,108$1,596$349$391$399$248$214$240$273$70$60$62$68$1,228$384$1,498Global Level in 2022$706$336$402$459$476The Global Wellness Economy:Country Rankings(2019-2022)|9Per capita spending o
86、n wellness is higher than consumer out-of-pocket spending on healthcare across all regions except north America.Worldwide,per capita spending on wellness was$706 in 2022.This spending level is on par with the average consumer out-of-pocket expenditures on health goods/medical services($711),accordin
87、g to Euromonitor data.When we look at regional spending patterns,per capita spending on wellness is higher than consumers out-of-pocket spending on healthcare across every single region except North America(see Figure 2.4).Spending on wellness is also higher than the spending on clothing/shoes($289
88、globally)and hotels/restaurants($475 globally)on a per capita basis,both globally and in every region.Figure 2.4 Regional Comparison of Per Capita Spending on Wellness versus other Spending Categories,20220$1,000$2,000$3,000$4,000$5,000$6,000$7,000$8,000$9,000$10,000$3,675$1,087North AmericaHotels&R
89、estaurantsClothes&ShoesHealth Goods&Medical ServicesWellness EconomySource:Global Wellness Institute and Euromonitor(consumer expenditures data)EuropeLatin America-CaribbeanAsia-PacificMiddle East-North Africa Sub-Saharan Africa$1,489$9,457$5,108$1,596$182$230$399$170$172$165$273$35$57$42$68$681$229
90、$703$288$433$435$47610|Global Wellness InstituteThe Global Wellness Economy:Country Rankings(2019-2022)|11Regional Wellness Economy ProfilesFigure 2.5Asia-Pacific12Figure 2.6Europe13Figure 2.7Latin America-Caribbean14Figure 2.8Middle East-North Africa15Figure 2.9North America16Figure 2.10Sub-Saharan
91、 Africa1712|Global Wellness InstituteFigure 2.5 Asia-Pacific:Wellness Economy ProfileSource:Global Wellness Institute010%20%30%40%50%60%70%80%90%100%Asia-Pacific:Top 10 Wellness Markets(2022)uS$billionsChina$790.35Japan$241.17India$132.51South Korea$112.98Australia$109.59Indonesia$48.64Taiwan$42.74P
92、hilippines$40.98Thailand$34.60Malaysia$28.41Source:GWI Asia-Pacific:Composition of the Wellness Economy(2022)Asia-Pacific:Wellness Economy (2019-2022)Source:Global Wellness Institute$400.0$350.0$300.0$250.0$200.0$150.0$100.0$50.00Healthy Eating,Nutrition,&Weight LossTrad.&Comp.MedicinePhysical Activ
93、ityPersonal Care&BeautyPublic Health,Prevention,&Personal MedicineWellness Real EstateWellness TourismMental WellnessSpasThermal/Mineral SpringsWorkplaceWellness$8.4$20.8$22.1$40.6$85.1$127.2$165.9$272.8$283.7$334.6$358.3US$billionsAsia-Pacific:Wellness Economy Sectors(2022)2019202020212022Wellness
94、Economy(US$billions)$1,589.8$1,468.5$1,653.7$1,698.1Wellness Economy Per Capita(US$)$384$349$391$399Wellness Economy as a%of Regional GDP5.18%4.76%4.70%4.82%Wellness Economy as a%of Global Total32.24%32.90%31.84%30.26%Note:Figures for the eleven sectors shown below do not sum to the regional total d
95、ue to overlap in sectors.Source:Global Wellness Institute(based on extensive primary research and secondary data sources for 45 markets in Asia-Pacific);IMF World Economic Outlook,April 2023 Edition(GDP data);World Bank World Development Indicators(population data).The Global Wellness Economy:Countr
96、y Rankings(2019-2022)|132019202020212022Wellness Economy(US$billions)$1,293.9$1,133.4$1,383.7$1,469.7Wellness Economy Per Capita(US$)$1,405$1,228$1,498$1,596Wellness Economy as a%of Regional GDP5.65%5.12%5.50%5.84%Wellness Economy as a%of Global Total26.24%25.39%26.64%26.19%Note:Figures for the elev
97、en sectors shown below do not sum to the regional total due to overlap in sectors.Source:Global Wellness Institute(based on extensive primary research and secondary data sources for 55 markets in Europe);IMF World Economic Outlook,April 2023 Edition(GDP data);World Bank World Development Indicators(
98、population data).Figure 2.6 Europe:Wellness Economy ProfileSource:Global Wellness Institute010%20%30%40%50%60%70%80%90%100%Europe:Top 10 Wellness Markets(2022)uS$billionsGermany$268.65United Kingdom$223.83France$171.90Italy$112.12Russia$94.52Spain$82.95Netherlands$52.30Switzerland$50.31Turkey$44.95A
99、ustria$42.35Source:GWI Europe:Composition of the Wellness Economy(2022)Europe:Wellness Economy (2019-2022)Source:Global Wellness Institute$350.0$300.0$250.0$200.0$150.0$100.0$50.00Personal Care&BeautyHealthy Eating,Nutrition,&Weight LossWellness TourismPhysical ActivityPublic Health,Prevention,&Pers
100、onal MedicineTrad.&Comp.MedicineWellness Real EstateSpasMental WellnessThermal/Mineral SpringsWorkplaceWellnessUS$billions$18.7$22.5$31.6$41.0$80.1$86.9$163.4$245.8$250.7$252.9$303.0Europe:Wellness Economy Sectors(2022)14|Global Wellness InstituteFigure 2.7 latin America-Caribbean:Wellness Economy P
101、rofileSource:Global Wellness Institute010%20%30%40%50%60%70%80%90%100%latin America-Caribbean:Top 10 Wellness Markets(2022)uS$billionsBrazil$95.86Mexico$73.61Argentina$29.45Chile$17.46Peru$15.04Colombia$14.19Costa Rica$9.20Ecuador$8.40Panama$7.16Puerto Rico$4.56Source:GWI latin America-Caribbean:Com
102、position of the Wellness Economy(2022)latin America-Caribbean:Wellness Economy (2019-2022)Source:Global Wellness Institute$120.0$110.0$100.0$90.0$80.0$70.0$60.0$50.0$40.0$30.0$20.0$10.00Personal Care&BeautyHealthy Eating,Nutrition,&Weight LossPhysical ActivityWellness TourismPublic Health,Prevention
103、,&Personal MedicineSpasMental WellnessTrad.&Comp.MedicineWorkplaceWellnessThermal/Mineral SpringsWellness Real Estate$0.9$1.4$1.6$3.4$6.6$6.7$19.5$29.4$43.5$96.0$109.0US$billionslatin America-Caribbean:Wellness Economy Sectors(2022)2019202020212022Wellness Economy(US$billions)$297.3$219.0$263.7$314.
104、4Wellness Economy Per Capita(US$)$459$336$402$476Wellness Economy as a%of Regional GDP5.44%4.73%4.94%5.17%Wellness Economy as a%of Global Total6.03%4.91%5.08%5.60%Note:Figures for the eleven sectors shown below do not sum to the regional total due to overlap in sectors.Source:Global Wellness Institu
105、te(based on extensive primary research and secondary data sources for 46 markets in Latin America-Caribbean);IMF World Economic Outlook,April 2023 Edition(GDP data);World Bank World Development Indicators(population data).The Global Wellness Economy:Country Rankings(2019-2022)|15Figure 2.8 Middle Ea
106、st-north Africa:Wellness Economy Profile2019202020212022Wellness Economy(US$billions)$122.2$110.5$126.0$145.4Wellness Economy Per Capita(US$)$248$214$240$273Wellness Economy as a%of Regional GDP3.51%3.55%3.44%3.33%Wellness Economy as a%of Global Total2.48%2.47%2.43%2.59%Note:Figures for the eleven s
107、ectors shown below do not sum to the regional total due to overlap in sectors.Source:Global Wellness Institute(based on extensive primary research and secondary data sources for 20 markets in Middle East-North Africa);IMF World Economic Outlook,April 2023 Edition(GDP data);World Bank World Developme
108、nt Indicators(population data).Source:Global Wellness Institute010%20%30%40%50%60%70%80%90%100%Middle East-north Africa:Top 10 Wellness Markets(2022)uS$billionsUAE$23.11Saudi Arabia$19.77Israel$19.13Egypt$15.78Iran$13.69Morocco$7.88Algeria$7.60Kuwait$6.77Oman$3.94Jordan$3.67Source:GWI Middle East-no
109、rth Africa:Composition of the Wellness Economy(2022)Middle East-north Africa:Wellness Economy (2019-2022)Source:Global Wellness Institute$50.0$45.0$40.0$35.0$30.0$25.0$20.0$15.0$10.0$5.00Personal Care&BeautyHealthy Eating,Nutrition,&Weight LossPhysical ActivityWellness TourismPublic Health,Preventio
110、n,&Personal MedicineSpasMental WellnessWorkplaceWellnessTrad.&Comp.MedicineWellness Real EstateThermal/Mineral SpringsUS$billions$0.3$1.2$1.3$1.7$4.2$4.4$11.6$13.6$27.5$37.7$44.8Middle East-north Africa:Wellness Economy Sectors(2022)16|Global Wellness InstituteFigure 2.9 north America:Wellness Econo
111、my ProfileSource:Global Wellness Institute010%20%30%40%50%60%70%80%90%100%north America:Wellness Markets(2022)uS$billionsUnited States$1,773.45Canada$127.96Source:GWI north America:Composition of the Wellness Economy(2022)north America:Wellness Economy (2019-2022)north America:Wellness Economy Secto
112、rs(2022)2019202020212022Wellness Economy(US$billions)$1,551.1$1,463.1$1,692.3$1,901.4Wellness Economy Per Capita(US$)$4,239$3,959$4,570$5,108Wellness Economy as a%of Regional GDP6.71%6.44%6.68%6.89%Wellness Economy as a%of Global Total31.45%32.78%32.59%33.88%Note:Figures for the eleven sectors shown
113、 below do not sum to the regional total due to overlap in sectors.Source:Global Wellness Institute(based on extensive primary research and secondary data sources for 2 markets in North America);IMF World Economic Outlook,April 2023 Edition(GDP data);World Bank World Development Indicators(population
114、 data).Source:Global Wellness Institute$400.0$350.0$300.0$250.0$200.0$150.0$100.0$50.00Physical ActivityPersonal Care&BeautyHealthy Eating,Nutrition,&Weight LossWellness TourismPublic Health,Prevention,&Personal MedicineWellness Real EstateMental WellnessTrad.&Comp.MedicineSpasWorkplaceWellnessTherm
115、al/Mineral Springs$1.1$19.8$28.2$91.4$95.6$187.9$237.5$266.8$313.0$335.5$361.2US$billionsThe Global Wellness Economy:Country Rankings(2019-2022)|17Figure 2.10 Sub-Saharan Africa:Wellness Economy Profile2019202020212022Wellness Economy(US$billions)$77.6$69.0$73.9$82.6Wellness Economy Per Capita(US$)$
116、70$60$62$68Wellness Economy as a%of Regional GDP4.22%3.95%3.77%3.91%Wellness Economy as a%of Global Total1.57%1.55%1.42%1.47%Note:Figures for the eleven sectors shown below do not sum to the regional total due to overlap in sectors.Source:Global Wellness Institute(based on extensive primary research
117、 and secondary data sources for 50 markets in Sub-Saharan Africa);IMF World Economic Outlook,April 2023 Edition(GDP data);World Bank World Development Indicators(population data).Source:Global Wellness Institute010%20%30%40%50%60%70%80%90%100%Sub-Saharan Africa:Top 10 Wellness Markets(2022)uS$billio
118、nsSouth Africa$21.69Nigeria$13.46Kenya$6.60Ghana$3.01Tanzania$2.88Angola$2.34Zimbabwe$2.19Cote dIvoire$2.12Uganda$1.78Senegal$1.13Source:GWI Sub-Saharan Africa:Composition of the Wellness Economy(2022)Sub-Saharan Africa:Wellness Economy (2019-2022)Source:Global Wellness Institute$26.0$24.0$22.0$20.0
119、$18.0$16.0$14.0$12.0$10.0$8.0$6.0$4.0$2.00Personal Care&BeautyHealthy Eating,Nutrition,&Weight LossPhysical ActivityPublic Health,Prevention,&Personal MedicineWellness TourismSpasMental WellnessTrad.&Comp.MedicineWorkplaceWellnessWellness Real EstateThermal/Mineral SpringsUS$billions$0.1$0.3$0.4$1.0
120、$2.0$2.0$5.0$13.0$14.5$21.5$23.7Sub-Saharan Africa:Wellness Economy Sectors(2022)18|Global Wellness InstituteThe Global Wellness Economy:Country Rankings(2019-2022)|19Key FindingsThe five largest wellness markets in 2022 are:the united States($1.8 trillion),China($790 billion),Germany($269 billion),
121、Japan($241 billion),and the united Kingdom($224 billion).The top ten largest wellness markets represent 70%of the global wellness economy,while the top 25 represent 86%.The 25 largest wellness markets have mostly recovered from the pandemic and have resumed a robust growth trajectory.When we compare
122、 the size of the national wellness economies in 2022 with 2019,all but three(Thailand,Japan,brazil)of the top 25 markets have surpassed their pre-pandemic size when their markets are measured in U.S.dollar terms.Large wellness markets with especially strong growth and recovery since the pandemic inc
123、lude the united Kingdom,the netherlands,the united States,Mexico,Canada,and Australia.In 2022,the wellness economies of all six countries surpassed their 2019 size by 120%or more.Currency depreciation has affected the measurements of some major wellness markets,including Japan,brazil,and the Euro zo
124、ne countries.In these countries,the performance of the wellness economy is stronger when measured in their local currencies.An expanding middle class and strong economic growth are driving the growth of the wellness economy in some large middle-income countries(e.g.,bangladesh,Iran,Pakistan,and Arge
125、ntina).Wellness tourism is propelling strong wellness economy growth and recovery in some higher-income countries(e.g.,Israel,united Arab Emirates,Croatia,Romania,and Czech Republic).In other markets(e.g.,hong Kong and Thailand),weak tourism recovery is hampering wellness economy recovery.Per capita
126、 spending on wellness is highest in wealthy countries and in countries that are highly dependent on tourism(e.g.,Seychelles,Switzerland,Iceland,Aruba,and the united States).All of these countries had per capita wellness spending higher than$5,000 in 2022,as compared to$706 globally.ChAPTER 3Wellness
127、 Economy Country Rankings20|Global Wellness InstituteTable 3.1 Wellness Economy:Top 25 Markets in 2022Wellness Real Estate Market Average Annual Growth Rate(uS$billions)Rank in 2019Rank in 20222019-20202020-20222019*2020*20212022United States$1,444.7$1,363.8$1,577.4$1,773.411-5.6%14.0%China$701.9$66
128、6.8$784.9$790.422-5.0%8.9%Germany$244.7$196.8$246.5$268.643-19.6%16.8%Japan$284.3$261.3$262.3$241.234-8.1%-3.9%United Kingdom$170.5$157.0$221.5$223.855-7.9%19.4%France$152.3$138.1$170.5$171.966-9.4%11.6%India$112.3$97.6$114.3$132.577-13.1%16.5%Canada$106.4$99.2$114.9$128.0108-6.7%13.5%South Korea$99
129、.6$94.4$109.8$113.0119-5.2%9.4%Italy$108.0$96.4$112.0$112.1910-10.7%7.9%Australia$91.5$86.0$100.9$109.61211-6.0%12.9%Brazil$110.2$68.6$80.5$95.9812-37.7%18.2%Russia$87.5$73.8$83.5$94.51313-15.6%13.2%Spain$76.2$65.7$76.9$82.91414-13.7%12.4%Mexico$60.2$46.9$61.3$73.61515-22.0%25.2%Netherlands$40.5$41.
130、6$52.7$52.320162.8%12.1%Switzerland$44.3$38.3$41.4$50.31617-13.4%14.5%Indonesia$43.8$43.3$45.0$48.61718-1.0%5.9%Turkey$40.9$34.6$38.3$45.01919-15.4%14.0%Taiwan$38.2$38.7$41.9$42.722201.3%5.1%Austria$40.3$32.6$33.6$42.32121-19.0%13.9%Philippines$34.9$34.6$38.3$41.02322-0.8%8.9%Poland$33.5$31.9$36.7$3
131、9.42423-4.7%11.1%Thailand$43.0$29.4$28.0$34.61824-31.6%8.5%Sweden$27.1$26.3$31.3$30.42625-3.0%7.5%*2019 and 2020 figures have been revised since GWI released the previous version of the Global Wellness Economy Monitor.For more information,see the companion GWI report:Global Wellness Economy Monitor
132、2023.Ranks are out of 145 countries.See Table 3.5 for detailed time series data for all 145 countries.Source:Global Wellness Institute,based on extensive primary research and secondary data sources.The Global Wellness Economy:Country Rankings(2019-2022)|21ToP 25 lARGEST WEllnESS MARKETSThe top 25 la
133、rgest wellness markets represent 86%of the global wellness economy.North America,Asia-Pacific,and Europe together account for 90%of the global wellness economy,and all but two(brazil and Mexico)of the 25 largest wellness markets are located in those regions(see Table 3.1).The united States is by far
134、 the largest market,at$1.8 trillion in 2022 more than double the size of the second-largest market(China,at$790 billion).In fact,the united States accounts for 32%of the entire global wellness economy in 2022.The top ten markets represent 70%of the global total,while the top 25 markets represent 86%
135、.22|Global Wellness InstitutePoST-PAnDEMIC RECovERy ACRoSS DIFFEREnT CounTRIESThe 25 largest wellness markets have mostly recovered from the pandemic and have resumed a robust growth trajectory.In spite of all the economic upheavals during the pandemic,the list of the top 25 wellness markets has rem
136、ained largely the same since 2019.All of the top 25 markets saw a decline in wellness spending in 2019-2020,with the exception of the netherlands and Taiwan(see Figure 3.1).In the netherlands,a 50%increase in spending on public health&prevention,combined with large growth in wellness real estate,hel
137、ped keep the countrys wellness economy growing in 2020.Many Asian wellness markets suffered less shrinkage in 2020 as compared to other large markets in Europe,where pandemic restrictions were stricter.In Taiwan,for example,the only wellness sector that saw a major decline in 2020 was wellness touri
138、sm.In contrast,the Latin America-Caribbean region was hit the hardest by the pandemic,with the whole regions wellness economy declining by 26.3%in 2019-2020.In Mexico and brazil,a large decline in consumer spending in 2020 also reduced spending on wellness sectors such as personal care&beauty,health
139、y eating,and physical activity,while border closures decimated the wellness tourism,spas,and thermal/mineral springs sectors.Fortunately,most of the top 25 markets have resumed a strongly positive growth trajectory since 2020.When we compare the size of the national wellness economies in 2022 with 2
140、019,all but three of the top 25 markets(Thailand,Japan,brazil)have surpassed their pre-pandemic size when their markets are measured in U.S.dollar terms(see Figure 3.1).large wellness markets with especially strong growth and recovery since the pandemic include the united Kingdom,netherlands,the uni
141、ted States,Mexico,Canada,and Australia.Countries with especially robust growth and recovery from 2020-2022 include the united Kingdom,netherlands,the united States,Mexico,Canada,and Australia,all of which have 2022 wellness economies at 120%or more of their 2019 levels(see Figure 3.1).In the united
142、States,Canada,and Australia,the strong performance of their wellness economies has been primarily driven by robust growth across several sectors physical activity;wellness real estate;personal care&beauty;and healthy eating,nutrition,&weight loss as well as the rapid recovery of wellness tourism.The
143、 united Kingdom and the netherlands have seen strong growth in many of the same sectors from 2020-2022,along with a big uptick in public health&prevention in response to the pandemic.Mexicos market growth has been driven by growing expenditures on healthy eating and the recovery of wellness tourism,
144、alongside growth in the physical activity and personal care&beauty sectors.The Global Wellness Economy:Country Rankings(2019-2022)|2311.1%Global Wellness EconomyNetherlandsTaiwanPhilippinesIndonesiaSwedenPolandChinaSouth KoreaUnited StatesAustraliaCanadaUnited KingdomJapanFranceItalyIndiaSwitzerland
145、SpainTurkeyRussiaAustriaGermanyMexicoThailandBrazil2019-2020 2020-2022 Note:This chart presents the top 25 countries with the largest wellness markets as of 2022.Countries are ranked in the chart by their growth rate during the first year of the pandemic(2019-2020).Source:Global Wellness Institute a
146、nd IMF(GDP data)-40%-30%-20%-10%0 10%20%30%-9.5%2.8%12.1%114%129%112%118%111%112%118%113%113%123%120%120%131%85%12.1%1.3%-3.9%14.0%12.9%13.5%-3.0%-9.4%11.6%-10.7%-13.1%-13.4%14.5%-13.7%12.4%14.0%-15.6%13.2%13.9%-19.6%-22.0%-31.6%113%104%118%114%109%110%108%105%110%122%81%87%Average Annual%Growth of
147、Wellness MarketGlobal GDP2019-2020-2.7%Global GDP2020-20228.7%Wellness Market in 2022 as a%of 2019 Level-1.0%-0.8%5.9%5.1%7.5%8.9%9.4%8.9%19.4%7.9%16.5%16.8%25.2%8.5%18.2%-37.7%-19.0%-15.4%-8.1%-7.9%-6.7%-6.0%-5.6%-5.2%-5.0%-4.7%Figure 3.1.Average Annual Growth and Pandemic Recovery:Top 25 Markets 2
148、019-2020 and 2020-202224|Global Wellness InstituteCurrency depreciation has affected the measurements of some major wellness economies,including Japan,brazil,and the Euro Zone countries.GWIs wellness economy figures are expressed in U.S.dollars,and major currency fluctuations can affect these measur
149、ements.In 2022,the Japanese Yen fell by 19.8%against the U.S.dollar.Even though Japans wellness economy shrank by 3.9%annually from 2020-2022 when expressed in U.S.dollars,it actually grew by 6.6%annually when measured in Yen.It is interesting to note that in Japan,the wellness economy as a share of
150、 GDP grew from 5.56%in 2019 to 5.70%in 2022(see Table 3.2),indicating that spending on wellness has been growing faster than the overall economy.brazil has a similar situation,with the Real depreciating by 30.7%against the U.S.dollar in 2020.As a result,brazils wellness economy has fully recovered f
151、rom the pandemic when measured in Reals but not when measured in U.S.dollars.Still,brazils wellness economy has shrunk when measured as a share of the countrys GDP,from 5.88%in 2019 to 4.98%in 2022(see Table 3.2),meaning that wellness economy growth has lagged behind overall economic growth.A number
152、 of the major European markets,including Germany,the united Kingdom,France,and Italy,were similarly affected by currency adjustments,because the Euro depreciated by 12.3%against the U.S.dollar in 2022.Although the wellness economies in these countries did grow in 2022,they would have posted even hig
153、her growth rates if they were measured in their local currencies.For example,Germanys wellness economy grew by 16.8%annually in U.S.dollars from 2020-2022,but grew by 21.7%when measured in Euros.The Global Wellness Economy:Country Rankings(2019-2022)|25Table 3.2 Wellness Economy and Tourism as a Per
154、cent of GDP:Top 25 Markets 2019 and 2022Wellness Economy as a%of GDPoverall Tourism as a%of GDP%of GDP 2019%of GDP 2022Rank in 2022%of GDP 2019%of GDP 2022Rank in 2022United States6.76%6.96%325.36%3.95%66China4.89%4.37%916.64%1.82%111Germany6.29%6.59%393.74%2.98%82Japan5.56%5.70%662.93%1.73%112Unite
155、d Kingdom5.96%7.29%252.48%2.07%104France5.58%6.17%507.14%6.64%43India3.96%3.91%1055.23%4.10%62Canada6.10%5.98%553.78%2.15%102South Korea6.03%6.78%352.25%1.64%115Italy5.37%5.57%715.20%4.46%59Australia6.60%6.44%437.18%4.88%52Brazil5.88%4.98%834.05%2.54%95Russia5.16%4.27%932.12%1.10%126Spain5.46%5.92%5
156、79.44%8.44%31Mexico4.74%5.21%7812.08%10.32%26Netherlands4.45%5.26%774.24%3.71%68Switzerland6.13%6.23%463.47%3.42%78Indonesia3.91%3.69%1173.30%3.62%73Turkey5.38%4.96%846.92%4.88%53Taiwan6.24%5.61%703.70%1.01%128Austria9.06%8.98%147.61%6.66%42Philippines9.25%10.14%912.82%12.56%20Poland5.62%5.73%644.17
157、%3.59%74Thailand7.90%6.45%4216.70%8.13%36Sweden5.08%5.19%796.06%5.30%48Ranks are out of 145 countries.See Table 3.7 for detailed time series data on wellness economy and tourism as a%of GDP in all 145 countries.Tourism figures include international/inbound and domestic trip expenditures.Source:Globa
158、l Wellness Institute(based on extensive primary research and secondary data sources);IMF World Economic Outlook,April 2023 Edition(GDP data);Euromonitor(tourism data).26|Global Wellness Institute17.7%BangladeshStrongestWeakestArgentinaIsraelUnited KingdomIranUnited Arab EmiratesCroatiaRomaniaPakista
159、nNetherlandsCzech RepublicDenmarkUnited StatesMexicoCanadaAustraliaMalaysiaSlovakiaSouth AfricaBrazilJapanHong KongThailand2019-2020 2020-2022 Note:Countries presented in this chart are drawn from those with a wellness market size greater than$5.0 billion in 2022(the top 63 largest countries).Countr
160、ies are ranked in the chart by their post-pandemic recovery(wellness market in 2022 as a%of 2019 level).Source:Global Wellness Institute-40%-30%-20%-10%0 10%20%30%10.4%-6.0%14.3%28.0%144%132%135%131%131%131%130%129%129%129%128%126%123%122%120%120%18.4%-7.9%13.5%21.8%8.6%14.0%-22.5%-6.0%12.9%-20.7%12
161、.0%-27.3%16.6%10.1%-37.7%18.2%-3.9%-30.3%-31.6%99%99%96%87%85%83%81%Average Annual%Growth of Wellness MarketWellness Market in 2022 as a%of 2019 Level-7.3%3.4%18.8%19.4%29.4%12.5%12.1%17.9%25.2%9.4%8.5%-8.1%-20.6%-6.7%-22.0%-5.6%7.2%-13.7%2.8%-6.9%-6.6%-17.6%Figure 3.2 Selected Countries with the St
162、rongest and Weakest Post-Pandemic Wellness Market Recovery(2019-2020 and 2020-2022)The Global Wellness Economy:Country Rankings(2019-2022)|27Next,we move beyond the 25 largest wellness markets and look at the post-pandemic recovery and growth trends across all countries with wellness economies large
163、r than$5.0 billion in 2022.4 Figure 3.2 illustrates the countries that have posted the strongest and weakest recovery of their wellness economies from 2019-2022.Wellness tourism is propelling strong wellness economy growth and recovery in some higher-income countries.Some of the countries with espec
164、ially strong post-pandemic recovery are higher-income countries that have very large and growing wellness tourism sectors,including Israel,the united Arab Emirates,Croatia,Romania,and the Czech Republic.The recovery of their wellness tourism markets since 2020 has propelled the strong performance of
165、 their wellness economies.High growth in per capita income and consumer spending over the last few years has also bolstered the growth of the personal care&beauty,physical activity,and healthy eating sectors in these countries.In the Czech Republic,a large increase in public health&prevention spendi
166、ng since the pandemic has also fueled growth.In all five of these countries,the wellness economy has grown as a share of GDP from 2019-2022(see Table 3.3),indicating that spending on wellness has been growing faster than the overall economy.An expanding middle class and strong economic trends are dr
167、iving wellness economy growth in some large middle-income countries.In several large middle-income countries,including bangladesh,Iran,Pakistan,and Argentina,socioeconomic trends are driving increased spending on wellness.These four countries have relatively small wellness economies by global standa
168、rds(and when measured on a per capita basis or as a share of GDP),but they have all posted very strong growth trends and recovery since 2020(as shown in Figure 3.2).All of these countries have a large and/or expanding middle class,growing populations,and above-average growth in per capita income and
169、 overall consumer spending.These trends are fueling strong spending growth in the personal care&beauty,healthy eating,and physical activity sectors.In Iran and bangladesh,their strong growth was also supported by a jump in public health&prevention spending in response to the pandemic.Over the last f
170、ew years,inflation has raised the prices of personal care&beauty and healthy eating products,as well as sports apparel&footwear within the physical activity sector.Since these middle-income countries import a lot of their consumer goods,price increases likely contributed to increased spending and hi
171、gh growth in these sectors.Nonetheless,in bangladesh and Pakistan,the wellness economy has grown as a share of GDP from 2019-2022(see Table 3.3),indicating that there is a level of robust growth in their wellness markets beyond price inflation.In contrast,the wellness economy as a share of GDP has s
172、hrunk in Iran and Argentina during this time period.4 This analysis comprises 63 countries with wellness economies that exceed$5.0 billion in 2022.It excludes countries with major conflicts or humanitarian crises.28|Global Wellness InstituteWeak tourism recovery is hampering wellness economy recover
173、y in some markets.In seven markets,the wellness economies have not yet recovered to their pre-pandemic levels(when measured in U.S.dollars).hong Kong has been hit hard by the travel restrictions and quarantine requirements that shrank its wellness tourism sector by 93%from 2019-2022,alongside a decl
174、ine in GDP and consumer spending affecting key wellness sectors,including personal care&beauty,healthy eating,and traditional&complementary medicine.Thailands recovery has also been hampered by the prolonged downturn in wellness tourism,with this sector still at less than half its pre-pandemic level
175、 as of 2022.Wellness economy as a share of GDP has shrunk significantly in both hong Kong and Thailand from 2019-2022(see Table 3.3).Malaysia,Slovakia,and South Africa(as well as Japan and brazil,discussed on Page 24)have all experienced currency depreciation against the U.S.dollar;even though their
176、 wellness economies are still“down”in U.S.dollar terms,they have fully recovered when measured in their local currencies.However,in Malaysia,South Africa,and Slovakia,wellness tourism and thermal/mineral springs have not fully recovered as of 2022,even when measured in local currency,and wellness as
177、 a share of GDP has shrunk in all three countries since 2019(see Table 3.3).The Global Wellness Economy:Country Rankings(2019-2022)|29Table 3.3 Wellness Economy and Tourism as a Percent of GDP:Selected Countries with the Strongest and Weakest Post-Pandemic Wellness Market Recovery(2019 and 2022)Well
178、ness Economy as a%of GDPoverall Tourism as a%of GDP%of GDP 2019%of GDP 2022Rank in 2022%of GDP 2019%of GDP 2022Rank in 2022Countries with the Strongest Post-Pandemic Wellness Market RecoveryBangladesh1.96%2.16%1360.26%0.11%144Argentina4.83%4.66%882.33%1.34%123Israel3.61%3.66%1193.25%3.15%81United Ki
179、ngdom5.96%7.29%252.48%2.07%104Iran4.33%3.89%1083.86%1.02%127United Arab Emirates4.23%4.55%897.87%13.48%18Croatia9.41%10.54%821.93%22.15%8Romania3.91%4.21%952.25%2.90%83Pakistan2.29%2.53%1331.94%0.72%132Netherlands4.45%5.26%774.24%3.71%68Czech Republic5.58%6.21%474.78%5.07%50Denmark5.18%5.81%593.79%4
180、.39%60United States6.76%6.96%325.36%3.95%66Mexico4.74%5.21%7812.08%10.32%26Canada6.10%5.98%553.78%2.15%102Australia6.60%6.44%437.18%4.88%52Countries with the Weakest Post-Pandemic Wellness Market RecoveryMalaysia7.82%6.96%3110.32%4.76%55Slovakia8.08%7.44%2412.50%8.16%35South Africa5.80%5.35%753.50%2
181、.76%87Brazil5.88%4.98%834.05%2.54%95Japan5.56%5.70%662.93%1.73%112Hong Kong7.34%6.16%518.33%1.26%125Thailand7.90%6.45%4216.70%8.13%36Countries presented in this table are drawn from those with a wellness market size greater than$5.0 billion in 2022(the top 63 largest countries,excluding those with m
182、ajor conflicts or humanitarian crises).Ranks are out of 145 countries.See Table 3.7 for detailed time series data on wellness economy and tourism as a%of GDP in all 145 countries.Tourism figures include international/inbound and domestic trip expenditures.Source:Global Wellness Institute(based on ex
183、tensive primary research and secondary data sources);IMF World Economic Outlook,April 2023 Edition(GDP data);Euromonitor(tourism data).30|Global Wellness InstitutePER CAPITA SPEnDInG on WEllnESS by CounTRyPer capita spending on wellness is highest in wealthy countries and in countries that are highl
184、y dependent on tourism.When measured on a per capita basis,wellness economy spending is highest in the Seychelles,Switzerland,Iceland,Aruba,and the united States(see Table 3.4).All of these countries had per capita wellness spending higher than$5,000 in 2022.By comparison,per capita wellness spendin
185、g was only$706 globally.Most of the top markets for per capita wellness spending are among the worlds wealthiest countries and also rank in the top 25 globally for GDP per capita,such as Switzerland,Iceland,the united States,Austria,Australia,etc.(see Table 3.4).The high per capita spending and larg
186、e wellness economies in these countries reflect a substantial domestic consumer market for wellness products and services,bolstered by high spending by inbound and domestic wellness tourists.Also on this list are highly tourism-dependent economies such as the Seychelles,Aruba,the Maldives,and the ba
187、hamas.These island economies are popular destinations for high-end wellness tourism,and tourism represents a very large share of their GDPs(see Table 3.4).In these four countries,a large portion(50-90%)of all wellness spending comes from inbound wellness tourists;therefore,the high per capita spendi
188、ng figures reflect a robust wellness tourism market,but not necessarily high local wellness spending or a well-developed and diversified wellness market for local residents.Figure 3.3 is a useful visualization of the two different sets of countries that rank highly for wellness economy per capita:we
189、althy countries versus tourism dependent countries.In the wealthier countries(united States,Australia,united Kingdom,Canada)we see wellness economies that are well-diversified across the eleven sectors.In the tourism-dependent countries(Seychelles,Maldives,Aruba,bahamas)we can easily see that their
190、wellness economies are heavily dominated by spending on wellness tourism and spas.Figure 3.3 Composition of the Wellness Economy for Selected Countries in 2022010%20%30%40%50%60%70%80%90%100%United StatesAustraliaUnited KingdomCanadaSeychellesMaldivesArubaBahamasPhysical ActivityHealthy Eating,Nutri
191、tion&Weight LossWellness TourismPublic Health,Prevention&Personalized MedicineWellness Real EstateMental HealthTraditional&Complementary MedicineWorkplace WellnessPersonal Care&BeautySelected High-Ranking Countries for Wellness Spending Per CapitaSource:Global Wellness InstituteThe Global Wellness E
192、conomy:Country Rankings(2019-2022)|31Table 3.4 Wellness Economy Per Capita,GDP Per Capita,and Tourism:Top 25 Markets in 2022Wellness Economy Per CapitaGDP Per Capitaoverall Tourism as a%of GDPuS$RankCurrent uS$Rank%of GDPRankSeychelles$8,0971$19,4665466.2%3Switzerland$5,7372$92,37143.4%78Iceland$5,5
193、233$73,998810.1%27Aruba$5,3614$31,9343577.0%1United States$5,3215$76,34874.0%66Austria$4,6836$52,265156.7%42Australia$4,2187$65,526104.9%52Norway$4,1978$106,32822.9%84Denmark$3,8469$66,51694.4%60New Zealand$3,68910$47,208216.3%44United Kingdom$3,34211$45,295222.1%104Canada$3,28712$55,085132.1%102Fin
194、land$3,20013$50,655173.7%71Germany$3,19514$48,636203.0%82Ireland$3,17215$103,17632.3%98Luxembourg$3,10516$127,58014.5%58Hong Kong$3,02517$49,226191.3%125Netherlands$2,95418$56,489113.7%68Sweden$2,90219$55,689125.3%48Singapore$2,89820$82,80862.1%105Maldives$2,67321$15,8835976.3%2U.S.Virgin Islands$2,
195、58522$39,5522421.7%10Bahamas$2,57523$33,1213226.8%7France$2,53024$42,409236.6%43United Arab Emirates$2,44825$51,3061613.5%18Ranks are out of 145 countries.See Table 3.6 for detailed time series data on wellness economy per capita in all 145 countries.See Table 3.7 for detailed time series data on to
196、urism as a%of GDP in all 145 countries.Tourism figures include international/inbound and domestic trip expenditures.Source:Global Wellness Institute(based on extensive primary research and secondary data sources);IMF World Economic Outlook,April 2023 Edition(GDP data);Euromonitor(tourism data).32|Gl
197、obal Wellness InstituteThe Global Wellness Economy:Country Rankings(2019-2022)|33Detailed Country Data TablesRAnKInG 145 CounTRIESTable 3.5Wellness Economy Size and Rankings Time Series(2019-2022)34Table 3.6Wellness Economy and GDP Per Capita(2022)39Table 3.7Wellness Economy and Tourism as a Percent
198、 of GDP (2019 and 2022)4434|Global Wellness InstituteTable 3.5.Wellness Economy Size and Rankings Time Series(2019-2022)Wellness Economy Size and Rankings Time Series2019*2020*20212022uS$billionsRankuS$billionsRankuS$billionsRankuS$billionsRankUnited States$1,444.681$1,363.811$1,577.371$1,773.451Chi
199、na$701.882$666.822$784.902$790.352Germany$244.704$196.844$246.534$268.653Japan$284.333$261.323$262.313$241.174United Kingdom$170.485$157.045$221.505$223.835France$152.316$138.066$170.516$171.906India$112.297$97.618$114.278$132.517Canada$106.4010$99.257$114.897$127.968South Korea$99.5811$94.3610$109.
200、8310$112.989Italy$107.969$96.399$112.029$112.1210Australia$91.5012$85.9911$100.8611$109.5911Brazil$110.188$68.6313$80.4713$95.8612Russia$87.4713$73.8212$83.4912$94.5213Spain$76.1614$65.7114$76.8814$82.9514Mexico$60.1615$46.9515$61.2915$73.6115Netherlands$40.4920$41.6317$52.7416$52.3016Switzerland$44
201、.2616$38.3519$41.3819$50.3117Indonesia$43.7717$43.3516$45.0017$48.6418Turkey$40.8719$34.5621$38.2821$44.9519Taiwan$38.1622$38.6718$41.9318$42.7420Austria$40.2921$32.6422$33.6523$42.3521Philippines$34.8723$34.5920$38.2920$40.9822Poland$33.4824$31.9123$36.7322$39.4223Thailand$42.9618$29.4024$28.0525$3
202、4.6024Sweden$27.1326$26.3225$31.3324$30.4325Argentina$21.8029$17.9830$21.3729$29.4526Malaysia$28.5725$22.6526$22.9027$28.4127United Arab Emirates$17.6733$16.3934$18.4533$23.1128Norway$20.4730$19.4227$22.5728$22.9029Denmark$17.9532$19.2428$23.8126$22.7030Hong Kong$26.6427$18.5829$20.7630$22.2231The G
203、lobal Wellness Economy:Country Rankings(2019-2022)|35Wellness Economy Size and Rankings Time Series2019*2020*20212022uS$billionsRankuS$billionsRankuS$billionsRankuS$billionsRankSouth Africa$22.5428$17.9031$19.6432$21.6932Belgium$18.3531$17.0932$19.9431$20.7333Saudi Arabia$17.0536$16.1635$17.9536$19.
204、7734Vietnam$17.4234$15.7736$16.7739$19.6035Israel$14.5242$13.6539$16.8338$19.1336New Zealand$17.0337$15.6937$18.3534$18.9037Portugal$16.5438$14.1638$16.9937$18.3438Czech Republic$14.0844$12.1542$14.7742$18.0339Finland$17.3035$16.4033$18.0535$17.7840Chile$14.9340$12.0544$16.7540$17.4641Singapore$14.7
205、541$12.6740$14.4044$16.3442Ireland$13.8647$11.6646$14.5743$16.1443Egypt$13.9246$12.4841$15.6341$15.7844Greece$14.4343$10.9748$13.2845$15.2645Peru$14.9339$12.0843$12.8946$15.0446Colombia$13.9345$11.0247$12.7647$14.1947Iran$10.4649$10.8149$11.5849$13.6948Nigeria$12.9548$11.7245$11.5948$13.4649Romania$
206、9.8250$9.1750$11.1150$12.7150Hungary$9.4251$7.7551$9.7551$10.6751Bangladesh$6.8959$7.6152$8.8652$9.9452Pakistan$7.3655$6.8554$8.6453$9.5253Costa Rica$8.6152$6.8653$7.5954$9.2054Slovakia$8.5553$6.2158$7.0858$8.4555Ecuador$8.2554$6.6855$7.3955$8.4056Kazakhstan$7.1756$6.3357$7.0957$7.9357Morocco$6.9758
207、$5.5359$6.2460$7.8858Algeria$7.1657$6.5356$7.1756$7.6059Croatia$5.7763$4.4763$6.1061$7.4960Panama$6.4760$5.0362$5.9862$7.1661Kuwait$6.1462$5.2461$5.8663$6.7762Kenya$6.4461$5.4960$6.2759$6.606336|Global Wellness InstituteWellness Economy Size and Rankings Time Series2019*2020*20212022uS$billionsRanku
208、S$billionsRankuS$billionsRankuS$billionsRankBulgaria$4.6365$3.7066$4.3965$4.8364Sri Lanka$5.5564$4.4464$4.7664$4.5865Puerto Rico$4.1666$3.8165$4.1666$4.5666Dominican Republic$3.5768$2.5474$3.2972$4.2567Uruguay$3.9367$3.1467$3.4269$4.0968Slovenia$3.5669$2.8471$3.5267$4.0469Lithuania$3.2872$2.9968$3.4
209、868$3.9770Oman$3.4270$2.9669$3.3670$3.9471Serbia$3.3371$2.9470$3.3471$3.7572Jordan$2.9674$2.4776$2.9374$3.6773Tunisia$2.8177$2.3877$2.8575$3.1574Uzbekistan$1.8789$1.7584$2.0585$3.1275Qatar$2.9673$2.2578$2.4079$3.0676Cuba$2.8875$2.5673$2.6277$3.0477Ghana$2.6878$2.6472$3.0073$3.0178Tanzania$2.4480$2.1
210、679$2.4478$2.8879Belarus$2.8576$2.4975$2.7476$2.8580Azerbaijan$2.1285$1.8283$2.1281$2.6081Latvia$2.0488$1.8882$2.2780$2.5482Estonia$1.8391$1.6786$2.0982$2.3483Angola$2.1683$1.6188$1.7390$2.3484Cambodia$2.5179$1.6387$1.5494$2.2685Cyprus$2.1584$1.3794$1.8587$2.2286Zimbabwe$1.2498$1.8981$2.0783$2.1987C
211、ote dIvoire$1.7592$1.9080$2.0584$2.1288Iceland$2.0987$1.3395$1.8088$2.1189Luxembourg$2.1186$1.7485$1.9786$2.0290Nepal$1.8690$1.5489$1.7489$2.0291Bolivia$1.6793$1.5290$1.7291$1.8992Georgia$1.4496$0.96100$1.1799$1.8493Paraguay$1.5694$1.4192$1.5693$1.8094Uganda$1.5595$1.4391$1.5992$1.7895The Global Wel
212、lness Economy:Country Rankings(2019-2022)|37Wellness Economy Size and Rankings Time Series2019*2020*20212022uS$billionsRankuS$billionsRankuS$billionsRankuS$billionsRankBahrain$2.2182$1.3396$1.4097$1.6896Bosnia&Herzegovina$1.4397$1.2497$1.4196$1.5097Jamaica$1.2199$0.81104$0.97104$1.4898Macau$2.3781$1
213、.3893$1.5495$1.4399Maldives$1.09101$0.50118$0.94105$1.40100Turkmenistan$0.94107$0.9998$1.15100$1.40101Albania$1.20100$0.9899$1.1898$1.28102Nicaragua$0.94106$0.84103$0.99102$1.14103Trinidad&Tobago$1.03103$0.90102$0.97103$1.14104Senegal$1.00104$0.96101$1.07101$1.13105Bahamas$1.06102$0.60111$0.86106$1.
214、06106Zambia$0.93108$0.76105$0.79107$0.95107Malta$0.89109$0.60112$0.75108$0.92108Mauritius$0.95105$0.58113$0.58116$0.89109Armenia$0.75113$0.55114$0.61114$0.82110North Macedonia$0.74114$0.65108$0.74110$0.82111Papua New Guinea$0.77112$0.71106$0.75109$0.81112Seychelles$0.44126$0.24132$0.35127$0.81113Mol
215、dova$0.70115$0.63109$0.69112$0.80114Botswana$0.82111$0.68107$0.73111$0.79115Kyrgyzstan$0.62118$0.53117$0.62113$0.74116Mongolia$0.64117$0.54116$0.59115$0.69117Montenegro$0.62119$0.36124$0.56118$0.68118Rwanda$0.54120$0.54115$0.55119$0.62119Laos$0.83110$0.62110$0.58117$0.60120Namibia$0.65116$0.47119$0.
216、53120$0.58121Aruba$0.46124$0.28128$0.42124$0.57122Kosovo$0.46123$0.40122$0.47122$0.52123Benin$0.45125$0.46120$0.51121$0.51124Fiji$0.48121$0.27130$0.27132$0.47125Republic of the Congo$0.35130$0.43121$0.42123$0.43126Gabon$0.38127$0.35125$0.37126$0.4112738|Global Wellness InstituteWellness Economy Size
217、 and Rankings Time Series2019*2020*20212022uS$billionsRankuS$billionsRankuS$billionsRankuS$billionsRankBarbados$0.47122$0.27129$0.29130$0.41128French Polynesia$0.37129$0.30127$0.34129$0.40129New Caledonia$0.38128$0.37123$0.40125$0.40130Equatorial Guinea$0.34131$0.33126$0.35128$0.37131St.Lucia$0.2913
218、4$0.14138$0.22136$0.36132Belize$0.30132$0.16136$0.22135$0.34133Brunei$0.30133$0.25131$0.27131$0.29134U.S.Virgin Islands$0.28135$0.23133$0.26133$0.27135Curacao$0.27136$0.19134$0.23134$0.27136Mauritania$0.19138$0.18135$0.20137$0.22137Eswatini$0.19139$0.15137$0.17138$0.17138Bhutan$0.26137$0.12139$0.131
219、39$0.15139Lesotho$0.13140$0.11140$0.12140$0.12140Grenada$0.10141$0.06141$0.07141$0.11141St.Vincent&the Grenadines$0.08142$0.05145$0.06143$0.08142Timor-Leste$0.06145$0.06142$0.07142$0.07143Solomon Islands$0.06144$0.05144$0.05144$0.06144Vanuatu$0.08143$0.06143$0.05145$0.06145*2019 and 2020 figures hav
220、e been revised since GWI released the previous version of the Global Wellness Economy Monitor.For more information,see the companion GWI report:Global Wellness Economy Monitor 2023.Note:While GWIs global and regional wellness economy figures include analysis of 218 countries,this table excludes most
221、 countries with populations of less than 1 million and/or with a GDP per capita of less than US$1,000,as well as those with major conflicts or humanitarian crises.Source:Global Wellness Institute,based on extensive primary research and secondary data sources.The Global Wellness Economy:Country Ranki
222、ngs(2019-2022)|39Table 3.6.Wellness Economy and GDP Per Capita(2022)Wellness Economy Per CapitaGDP Per CapitauS$RankCurrent uS$RankSeychelles$8,0971$19,46654Switzerland$5,7372$92,3714Iceland$5,5233$73,9988Aruba$5,3614$31,93435United States$5,3215$76,3487Austria$4,6836$52,26515Australia$4,2187$65,526
223、10Norway$4,1978$106,3282Denmark$3,8469$66,5169New Zealand$3,68910$47,20821United Kingdom$3,34211$45,29522Canada$3,28712$55,08513Finland$3,20013$50,65517Germany$3,19514$48,63620Ireland$3,17215$103,1763Luxembourg$3,10516$127,5801Hong Kong$3,02517$49,22619Netherlands$2,95418$56,48911Sweden$2,90219$55,6
224、8912Singapore$2,89820$82,8086Maldives$2,67321$15,88359U.S.Virgin Islands$2,58522$39,55224Bahamas$2,57523$33,12132France$2,53024$42,40923United Arab Emirates$2,44825$51,30616South Korea$2,18826$32,25034Macau$2,05427$31,53937St.Lucia$2,01828$11,37171Israel$2,00329$54,71014Croatia$1,94330$18,42755Japan
225、$1,92731$33,82231Slovenia$1,91732$29,5023940|Global Wellness InstituteWellness Economy Per CapitaGDP Per CapitauS$RankCurrent uS$RankItaly$1,90533$34,11330Curacao$1,81134$14,18363Taiwan$1,78935$32,64333Cyprus$1,77736$31,46638Belgium$1,77637$50,11418Costa Rica$1,77538$13,07766Portugal$1,76739$24,5224
226、6Malta$1,75040$34,12729Estonia$1,74341$28,63142Spain$1,74242$29,42140Czech Republic$1,71343$27,61343Panama$1,62344$16,37358Kuwait$1,58545$38,32925Slovakia$1,55546$20,89048Greece$1,44447$20,61549Barbados$1,43948$19,57953New Caledonia$1,43749$34,99428Puerto Rico$1,41650$36,79827Lithuania$1,40051$25,03
227、644Latvia$1,35152$22,34847French Polynesia$1,30153$19,91551Uruguay$1,19554$20,22250Bahrain$1,13855$28,78541Qatar$1,13556$84,4255Hungary$1,10257$17,30157Montenegro$1,09958$9,81280Poland$1,04959$18,28056Chile$89160$15,09562Oman$86161$24,77245Grenada$84762$10,48876Belize$84263$6,67891Malaysia$83764$12,
228、36469St.Vincent&the Grenadines$78965$8,53783The Global Wellness Economy:Country Rankings(2019-2022)|41Wellness Economy Per CapitaGDP Per CapitauS$RankCurrent uS$RankBulgaria$74766$13,10965Trinidad&Tobago$74367$19,71852Mauritius$70968$10,12379Romania$67169$15,85160Russia$65870$15,44461Brunei$65271$37
229、,66726Argentina$63772$13,65564Mexico$57773$10,86874China$56074$12,81467Serbia$55475$10,36177Saudi Arabia$54376$31,85036Turkey$52777$9,66181Jamaica$52378$5,84698Fiji$50579$5,317101Georgia$49580$6,67192Thailand$48381$7,65185Ecuador$46682$6,46296Bosnia&Herzegovina$46583$7,33886Albania$46384$6,45797Braz
230、il$44585$8,99582Peru$44286$7,09488Kazakhstan$40487$11,44070North Macedonia$39688$6,60894Dominican Republic$37889$10,58175South Africa$36290$6,69490Philippines$35591$3,623114Jordan$32592$4,741106Belarus$30993$7,86084Moldova$30894$5,67199Botswana$30095$7,25787Armenia$29696$6,58495Kosovo$29697$5,290102
231、Colombia$27498$6,6649342|Global Wellness InstituteWellness Economy Per CapitaGDP Per CapitauS$RankCurrent uS$RankCuba$27199$11,25572Paraguay$266100$5,539100Azerbaijan$256101$6,82689Tunisia$255102$3,842112Namibia$224103$4,754105Equatorial Guinea$219104$10,98073Turkmenistan$218105$12,50068Morocco$2101
232、06$3,765113Sri Lanka$206107$3,362119Mongolia$202108$4,863103Vietnam$200109$4,087110Bhutan$193110$3,478116Vanuatu$177111$3,103120Indonesia$177112$4,798104Gabon$172113$10,14878Algeria$169114$4,315108Nicaragua$164115$2,387125Bolivia$155116$3,614115Iran$155117$4,110109Egypt$142118$4,563107Eswatini$13911
233、9$3,876111Cambodia$135120$1,785135Zimbabwe$134121$2,088133Kenya$122122$2,278129Kyrgyzstan$109123$1,626137India$94124$2,379127Ghana$90125$2,270130Uzbekistan$87126$2,280128Solomon Islands$81127$2,211131Papua New Guinea$80128$3,477117Laos$80129$2,047134Cote dIvoire$75130$2,468124Republic of the Congo$7
234、2131$2,547123The Global Wellness Economy:Country Rankings(2019-2022)|43Wellness Economy Per CapitaGDP Per CapitauS$RankCurrent uS$RankNepal$66132$1,332140Angola$66133$3,400118Senegal$65134$1,554138Nigeria$62135$2,202132Bangladesh$58136$2,731121Lesotho$54137$1,174143Timor-Leste$54138$2,672122Zambia$4
235、7139$1,424139Mauritania$47140$2,381126Rwanda$45141$958145Tanzania$44142$1,253142Pakistan$40143$1,658136Benin$38144$1,297141Uganda$38145$1,117144For more information on the wellness economy data,see the companion GWI report:Global Wellness Economy Monitor 2023.Note:While GWIs global and regional well
236、ness economy figures include analysis of 218 countries,this table excludes most countries with populations of less than 1 million and/or with a GDP per capita of less than US$1,000,as well as those with major conflicts or humanitarian crises.Source:Global Wellness Institute(based on extensive primar
237、y research and secondary data sources);IMF World Economic Outlook,April 2023 Edition(GDP data).44|Global Wellness InstituteTable 3.7.Wellness Economy and Tourism as a Percent of GDP (2019 and 2022)Wellness Economy as a%of GDPoverall Tourism as a%of GDP%of GDP 2019%of GDP 2022Rank in 2022%of GDP 2019
238、%of GDP 2022Rank in 2022Seychelles26.31%42.06%139.20%66.25%3Maldives19.42%22.56%263.73%76.34%2St.Lucia13.79%17.42%326.20%35.12%4Aruba13.62%16.34%466.01%76.99%1Costa Rica13.36%13.45%56.81%5.20%49Belize12.49%11.56%621.11%14.91%14Montenegro11.19%11.10%723.84%21.89%9Croatia9.41%10.54%821.93%22.15%8Phili
239、ppines9.25%10.14%912.82%12.56%20Panama9.66%9.94%108.39%9.48%29Fiji8.68%9.71%1125.27%30.32%6Curacao8.77%9.30%1223.05%19.16%11Jamaica7.65%9.22%1323.63%31.65%5Austria9.06%8.98%147.61%6.66%42Grenada7.83%8.91%1512.61%14.51%16St.Vincent&the Grenadines8.80%8.66%1615.60%12.26%22Bahamas8.05%8.10%1731.58%26.7
240、9%7Cambodia9.27%7.93%1820.97%8.36%34Cyprus8.27%7.81%1913.27%12.44%21New Zealand8.08%7.81%2012.19%6.29%44Iceland8.48%7.58%2115.70%10.06%27Jordan6.56%7.52%2211.06%13.01%19Georgia8.22%7.48%2323.61%17.60%13Slovakia8.08%7.44%2412.50%8.16%35United Kingdom5.96%7.29%252.48%2.07%104Portugal6.89%7.27%2611.60%
241、12.16%23Nicaragua7.49%7.23%273.73%2.59%93Ecuador7.63%7.21%287.99%3.69%70Barbados8.85%7.15%2914.16%11.34%24Mauritius6.57%7.01%3014.27%14.68%15The Global Wellness Economy:Country Rankings(2019-2022)|45Wellness Economy as a%of GDPoverall Tourism as a%of GDP%of GDP 2019%of GDP 2022Rank in 2022%of GDP 20
242、19%of GDP 2022Rank in 2022Malaysia7.82%6.96%3110.32%4.76%55United States6.76%6.96%325.36%3.95%66Greece7.03%6.96%3312.55%8.39%33Albania7.78%6.94%3417.57%17.68%12South Korea6.03%6.78%352.25%1.64%115Tunisia6.72%6.77%366.24%6.23%45Kyrgyzstan7.00%6.71%3714.49%7.25%39Zimbabwe4.75%6.64%383.89%1.91%107Germa
243、ny6.29%6.59%393.74%2.98%82Slovenia6.55%6.50%406.83%7.54%37Macau4.30%6.50%4116.37%8.41%32Thailand7.90%6.45%4216.70%8.13%36Australia6.60%6.44%437.18%4.88%52Hungary5.75%6.34%447.13%4.80%54Finland6.44%6.33%455.43%3.66%71Switzerland6.13%6.23%463.47%3.42%78Czech Republic5.58%6.21%474.78%5.07%50French Poly
244、nesia6.16%6.21%4816.78%14.01%17Peru6.43%6.20%494.25%2.58%94France5.58%6.17%507.14%6.64%43Hong Kong7.34%6.16%518.33%1.26%125Estonia5.90%6.15%527.61%5.82%47Sri Lanka6.23%6.08%535.36%2.14%103Latvia5.95%6.03%543.66%2.46%96Canada6.10%5.98%553.78%2.15%102North Macedonia5.91%5.96%564.66%4.53%56Spain5.46%5.
245、92%579.44%8.44%31Bosnia&Herzegovina6.99%5.89%583.30%3.65%72Denmark5.18%5.81%593.79%4.39%60Chile5.36%5.81%602.67%2.18%100Vanuatu8.18%5.79%6111.99%0.48%138U.S.Virgin Islands6.98%5.78%6228.52%21.69%10Bhutan10.66%5.73%6318.14%10.56%2546|Global Wellness InstituteWellness Economy as a%of GDPoverall Touris
246、m as a%of GDP%of GDP 2019%of GDP 2022Rank in 2022%of GDP 2019%of GDP 2022Rank in 2022Poland5.62%5.73%644.17%3.59%74Morocco5.41%5.71%655.04%4.99%51Japan5.56%5.70%662.93%1.73%112Kenya6.41%5.69%672.19%1.68%113Uruguay6.42%5.69%684.20%4.18%61Lithuania5.99%5.62%693.03%2.46%97Taiwan6.24%5.61%703.70%1.01%12
247、8Italy5.37%5.57%715.20%4.46%59Kosovo5.82%5.56%722.10%2.81%85Moldova5.97%5.54%734.08%2.16%101Bulgaria6.72%5.42%749.92%6.19%46South Africa5.80%5.35%753.50%2.76%87Serbia6.47%5.28%763.03%3.78%67Netherlands4.45%5.26%774.24%3.71%68Mexico4.74%5.21%7812.08%10.32%26Sweden5.08%5.19%796.06%5.30%48Malta5.62%5.1
248、5%8012.17%9.52%28Nepal5.43%5.02%812.59%1.86%109Lesotho5.46%5.00%824.83%3.71%69Brazil5.88%4.98%834.05%2.54%95Turkey5.38%4.96%846.92%4.88%53Rwanda5.24%4.92%854.37%3.99%64Vietnam5.25%4.82%866.26%2.70%88Namibia5.19%4.66%874.42%2.68%89Argentina4.83%4.66%882.33%1.34%123United Arab Emirates4.23%4.55%897.87
249、%13.48%18Bolivia4.05%4.38%903.30%2.78%86China4.89%4.37%916.64%1.82%111Paraguay4.11%4.37%922.65%1.55%117Russia5.16%4.27%932.12%1.10%126Armenia5.48%4.22%9411.35%8.82%30Romania3.91%4.21%952.25%2.90%83Ghana3.92%4.13%961.66%1.43%121The Global Wellness Economy:Country Rankings(2019-2022)|47Wellness Econom
250、y as a%of GDPoverall Tourism as a%of GDP%of GDP 2019%of GDP 2022Rank in 2022%of GDP 2019%of GDP 2022Rank in 2022Colombia4.31%4.13%975.30%3.24%80Botswana4.90%4.12%983.57%1.83%110Senegal4.29%4.11%992.36%0.96%129Trinidad&Tobago4.34%4.08%1007.66%6.83%40Mongolia4.53%4.07%1015.57%1.88%108Norway5.01%3.95%1
251、023.52%2.89%84Laos4.45%3.93%1038.91%2.62%91Puerto Rico3.96%3.92%1043.61%3.39%79India3.96%3.91%1055.23%4.10%62Belarus4.42%3.89%1066.19%3.96%65Algeria4.17%3.89%1070.40%0.52%137Iran4.33%3.89%1083.86%1.02%127Uzbekistan3.11%3.88%1093.15%2.00%106Dominican Republic4.01%3.78%1108.65%7.27%38Bahrain5.71%3.78%
252、11128.61%6.78%41Eswatini4.27%3.74%1122.87%1.50%118Tanzania4.02%3.73%1134.93%4.07%63Azerbaijan4.41%3.72%1147.19%2.64%90New Caledonia3.86%3.71%1152.99%1.57%116Solomon Islands3.65%3.69%1165.19%0.44%139Indonesia3.91%3.69%1173.30%3.62%73Kuwait4.51%3.67%1180.41%0.30%140Israel3.61%3.66%1193.25%3.15%81Ugand
253、a4.07%3.64%1203.30%2.25%99Belgium3.42%3.56%1213.45%3.48%76Kazakhstan3.95%3.51%1221.95%1.47%120Singapore3.91%3.50%1236.85%2.07%105Oman3.88%3.44%1248.20%4.51%57Republic of the Congo2.71%3.43%1250.26%0.12%143Egypt4.38%3.32%1266.65%2.59%92Zambia3.99%3.32%1273.48%1.67%114Ireland3.47%3.05%1284.08%2.35%98C
254、ote dIvoire2.93%3.02%1291.04%0.65%13448|Global Wellness InstituteWellness Economy as a%of GDPoverall Tourism as a%of GDP%of GDP 2019%of GDP 2022Rank in 2022%of GDP 2019%of GDP 2022Rank in 2022Benin3.13%2.92%1301.26%1.27%124Nigeria2.89%2.82%1311.00%0.68%133Papua New Guinea3.12%2.56%1322.25%0.80%131Pa
255、kistan2.29%2.53%1331.94%0.72%132Luxembourg3.02%2.45%1345.26%4.51%58Equatorial Guinea2.99%2.23%1351.92%0.65%135Bangladesh1.96%2.16%1360.26%0.11%144Mauritania2.39%2.15%1370.48%0.20%142Cuba2.74%2.03%1382.64%1.35%122Timor-Leste2.76%1.96%1390.00%0.00%145Angola2.56%1.92%1401.03%0.59%136Gabon2.27%1.87%1412
256、.19%1.47%119Turkmenistan1.78%1.79%1421.41%0.90%130Saudi Arabia2.03%1.78%1435.03%3.45%77Brunei2.19%1.76%1441.77%0.25%141Qatar1.68%1.36%1458.46%3.58%75Tourism figures include international/inbound and domestic trip expenditures.For more information on the wellness economy data,see the companion GWI re
257、port:Global Wellness Economy Monitor 2023.Note:While GWIs global and regional wellness economy figures include analysis of 218 countries,this table excludes most countries with populations of less than 1 million and/or with a GDP per capita of less than US$1,000,as well as those with major conflicts
258、 or humanitarian crises.Source:Global Wellness Institute(based on extensive primary research and secondary data sources);IMF World Economic Outlook,April 2023 Edition(GDP data);Euromonitor(tourism data).The Global Wellness Economy:Country Rankings(2019-2022)|49Appendix:Wellness Economy DefinitionsTh
259、is Appendix provides overall definitions for the wellness economy and its eleven sectors.For more details on the Global Wellness Institutes detailed definitions and measurement methodology for individual sectors,see the companion report,Global Wellness Economy Monitor 2023.5Wellness is the active pu
260、rsuit of activities,choices,and lifestyles that lead to a state of holistic health.The wellness economy encompasses industries that enable consumers to incorporate wellness activities and lifestyles into their daily lives.There are eleven sectors in the wellness economy,as defined below.Wellness rea
261、l estate:Expenditures on the construction of residential and commercial/institutional(office,hospitality,mixed-use/multi-family,medical,leisure,etc.)properties that incorporate intentional wellness elements in their design,materials,and building as well as their amenities,services,and/or programming
262、.Physical activity:Consumer spending associated with intentional physical activities performed during leisure and recreation,including three recreational activity subsectors(sports and active recreation,fitness,mindful movement)and three enabling subsectors(technology,equipment and supplies,apparel
263、and footwear).healthy eating,nutrition,&weight loss:Includes consumer expenditures on:Vitamins and dietary supplements(including herbal/traditional products)and sports nutrition products.Weight loss/management products and services,including:packaged foods/beverages specifically positioned to target
264、 weight management;over-the-counter supplements and remedies targeting weight management(e.g.,meal replacement or nutritional supplement drinks,non-prescription weight-loss drugs and supplements);and weight loss services and programs(e.g.,physical or online dieting centers,workshops,counseling;nutri
265、tionists and dieticians).Healthy-labeled foods and beverages,which encompasses a wide variety of processed and packaged foods and beverages that are specifically positioned,marketed or labeled with health and wellness claims,including low-sugar/low-fat/low-carb products;fortified/functional products
266、 with added nutrients(e.g.,calcium,omega-3);products that are“free from”gluten/lactose/diary/meat(e.g.,plant-based alternatives,meat substitutes);products marketed as“naturally healthy”(e.g.,high fiber,fermented,nuts/seeds);and organic products.Mental wellness:Encompasses consumer expenditures on fo
267、ur categories of mental wellness-related products,services,and experiences:1)self-improvement;2)meditation and mindfulness;3)brain-boosting nutraceuticals and botanicals;and 4)senses,spaces,and sleep.Workplace wellness:Includes expenditures on programs,services,activities,and equipment by employers
268、aimed at improving their employees health and wellness.These expenditures aim to raise awareness,provide education,and offer incentives that address specific health risk factors and behaviors(e.g.,lack of exercise,poor eating habits,stress,obesity,smoking)and encourage employees to adopt healthier l
269、ifestyles.5 Johnston,K.,Yeung,O.,and Callender,T.(2023).Global Wellness Economy Monitor 2023.Miami,FL:Global Wellness Institute.https:/globalwellnessinstitute.org/the-2023-global-wellness-economy-monitor/.50|Global Wellness InstitutePublic health,prevention,&personalized medicine:Includes expenditur
270、es on medical services that focus on treating“well”people,preventing disease,or detecting risk factors for example,routine physical exams,diagnostic and screening tests,genetic testing,etc.Personalized health uses advanced diagnostic tools for individual patients(including genetic,molecular,and envi
271、ronmental screening and analysis)to provide tailored approaches for preventing disease,diagnosing and managing risk factors,or managing and treating conditions.Traditional&complementary medicine:Encompasses expenditures on diverse holistic,traditional,indigenous,and mentally-or spiritually-based hea
272、lthcare and lifestyle practices,systems,services,and products that are not generally considered to be part of conventional medicine or the dominant health care system including homeopathy,naturopathy,osteopathy,chiropractic,acupuncture,Traditional Chinese Medicine,Ayurveda,Unani medicine,energy heal
273、ing,traditional/herbal remedies and supplements,etc.The nomenclature for this sector is evolving alongside growing consumer adoption of traditional/indigenous,complementary,alternative,and integrative medical practices outside of the conventional/Western medical system.Personal care&beauty:Includes
274、consumer expenditures on beauty and salon services(excluding spas);skin,hair,and nail care services and products;cosmetics,toiletries,and other personal care products;dermatology;prescription pharmaceuticals for skin care;as well as products and services that specifically address age-related health
275、and appearance issues,such as cosmetics/cosmeceuticals for skin/face/body care,hair care/growth,and pharmaceuticals/supplements that treat age-related health conditions.Wellness tourism:The aggregation of all expenditures made by wellness tourists primary and secondary,international and domestic inc
276、luding spending on lodging,food and beverage,activities and excursions,shopping,and in-country transportation.Spas:Aggregates the revenues of different types of spa facilities,including day/club/salon spas,hotel/resort spas,destination spas and health/wellness resorts,medical spas,thermal/mineral sp
277、rings spas,cruise ship spas,and other types.Thermal/mineral springs:Encompasses the revenues of business establishments associated with the wellness,recreational,and therapeutic uses of water with special properties,including thermal water,mineral water,and seawater.The Global Wellness Economy:Count
278、ry Rankings(2019-2022)|51AcknowledgementsIt has been fifteen years since we began defining and measuring the various sectors of the wellness economy.Quantifying the global wellness economy is a tremendous undertaking that requires massive research,data,expertise,and insights in eleven diverse wellne
279、ss sectors,across all regions/countries of the world.This update is all the more important because it shows how the wellness world has responded to the COVID-19 pandemic and its aftermath.We want to give special thanks to victor Koo,liu Xi,and hong lulu of Tianren Culture for assisting in researchin
280、g multiple wellness sectors for the vast Chinese economy.We express special appreciation to Tomonori Maruyama of Mitsui Knowledge Industry Co.for his help in accessing and analyzing data in the Japanese spa,hot springs,and hospitality sectors.We extend special thanks to Mia Kyricos,Mark hennebry,and
281、 Charles Davidson for sharing their industry knowledge and insights.We have also benefited from the expert presentations at the Wellness Real Estate and Communities Symposium 2023 in New York City,as well as the hot Springs Symposium 2023 sponsored by GWIs Hot Springs Initiative in Australia.We than
282、k beth McGroarty for her invaluable expertise on global wellness industry trends.Last but not least,we thank Susie Ellis and nancy Davis for being the most steadfast champions of this work,and for making this study and important country data available to the public through the support of the GWI Geo
283、graphy of Wellness partners.52|Global Wellness InstituteThe Global Wellness Economy:Country Rankings(2019-2022)|53Geography of Wellness PartnersThe Geography of Wellness is a groundbreaking new GWI initiative focusing on providing robust wellness market data for select countries around the world.GWI
284、 is the leading source of global wellness industry data.Through the support of an exclusive country partnership,wellness sector data for individual countries is made available to the public for the first time.Each countrys wellness economy data is presented on a dedicated country webpage,as well as
285、in a detailed Wellness Economy Country Report,which shows the trajectory of the wellness economy,the composition of the countrys wellness economy,and other exclusive data by sector and subsector.For more information on becoming a Geography of Wellness partner,see:https:/globalwellnessinstitute.org/g
286、eography-of-wellness/become-a-partner/.AG7 Brazil leads the Latin America-Caribbean region in the wellness economy,with beaches,mountains to trek,mineral springs to bath in,and incredi-ble Amazonian adventures to partake.AG7 recognizes the importance of evangelizing and embracing the countrys entire
287、 wellness ecosystem.AG7 is the first Wellness Building Platform in Brazil,operating as developers,asset managers,private equity real estate investors and property managers.A pioneer in combining the concepts of health,modern architecture and well-being,AG7 develops and invests in innovative and sust
288、ainable housing for families and individuals.Visit www.ag7.cobDMS WEllnESS ClInIC Thailand has gained international recognition in preventive medical treat-ments for its quality services at an accessible price.As Thailands largest pri-vate healthcare network,Bangkok Dusit Medical Services(BDMS)provi
289、des advanced medical-based wellness services at the flagship wellness center,BDMS Wellness Clinic.Building on 50 years of tertiary level medical expe-rience from its network of 54 hospitals,BDMS group extends its strengths and medical expertise to help consumers improve their wellness through a wide
290、 range of programs specifically focused on the early detection and prevention of disease.Visit .bluEPRInT GlobAl Blueprint Global is a distinguished international leader,renowned for its un-paralleled track record in successfully crafting,structuring,and bringing to market some of the worlds most ex
291、ceptional real estate developments.Our unique,fully integrated project planning and execution services,marketing expertise and distribution platform have consistently delivered success in re-alizing a multitude of complex urban,recreational,and mixed-use real estate projects for our valued clients a
292、nd partners.Blueprint Globals impact ex-tends to diverse landscapes,including mountain resorts,beach destinations,vibrant urban centers,wellness-focused developments,and cutting-edge retail spaces,as well as unparalleled golf retreats.As global leaders in luxury real estate,we bring a wealth of expe
293、rience and innovation to every proj-ect,ensuring success,and each development becomes a masterpiece that defines sophistication and lifestyle.Visit www.blueprint.global54|Global Wellness InstituteConCEPTASIA AnD FuKuI WEllnESS CollAboRATIon Conceptasia is a consulting and research service that assis
294、ts spa and ho-tel brands to develop and launch wellness offerings in the Asian markets.Conceptasias services include spa and wellness management and operation,consumer research,and a B2B network providing wellness and beauty infor-mation.The company has offices in Tokyo and Singapore and was founded
295、 more than two decades ago by Yoriko Soma,a pioneer in the Japan wellness industry with 20 years of experience in the spa and beauty industry.Visit www.conceptasia.jp.Fukui Wellness Collaboration is an organization focused on developing wellness tourism offerings in the Fukui Prefecture region,inclu
296、ding Eiheiji City,where the sacred Temple of Eternal Peace is located.Visit https:/enjoy.pref.fukui.lg.jp/en/.ThE MInISTRy oF TouRISM AnD CREATIvE EConoMy,REPublIC oF InDonESIA The Ministry of Tourism and Creative Economy(MOTCE),Republic of Indo-nesia(RI)is focusing on the quality of tourism experie
297、nces and concepts in Indonesia,as well as developing special-interest tourism,sports tourism,and MICE tourism.Wellness tourism,as one of the flagships in the special-inter-est tourism segment,will be strengthened to support the long-term goal of Indonesia as a sustainable and globally integrated tou
298、rist destination.MOTCE RI has a vision of becoming a global wellness tourism destination and a globally recognized wellness product-producing country.Visit www.indonesia.travelnATIonAl ACADEMy oF SPoRTS MEDICInE For over 35 years,the National Academy of Sports Medicine(NASM)has earned its reputation
299、 as the gold standard in fitness education with best-in-class evidence-based programs in personal training,nutrition coaching,well-ness coaching,sports performance,and more.Above and beyond any other certification provider,NASM trainers work at every level of organized sport while NASM wellness coac
300、hes inspire lasting change in their clients and co-workers across fitness,healthcare,pharmaceutical,and human resource organizations.Visit www.nasm.orgThE PhIlIPPInES DEPARTMEnT oF TouRISM The Philippines Department of Tourism has embraced the growing trend of wellness tourism,recognizing the potent
301、ial for the countrys natural beauty and diverse landscapes to serve as a holistic destination.With a focus on promoting health and well-being,the department has strategically posi-tioned the Philippines as an ideal location for rejuvenation and relaxation.From pristine beaches to lush mountains,the
302、country offers a variety of settings for wellness activities such as spa retreats,yoga,and eco-friendly adventures.Visit www.tourism.gov.ph.The Global Wellness Economy:Country Rankings(2019-2022)|55ThE SInGAPoRE TouRISM boARD The Singapore Tourism Board(STB)is a statutory board under the Ministry of
303、 Trade and Industry of Singapore.It champions the development of Singapores tourism sector,one of the countrys key service sectors and economic pillars,and undertakes the marketing and promotion of Singapore as a tourism destination.Singapore has actively promoted wellness tourism through various in
304、itiatives,lever-aging its reputation as a global business and travel hub.The city-state strategically combines its modern infrastructure with green spaces and cultural offerings to attract wellness-conscious travelers.Singapores commitment to providing a diverse range of wellness experiences aligns
305、with the growing global interest in health and well-being.Visit www.stb.gov.sg.ThERME GRouP Therme Group views wellbeing not as the individual pursuit of lux-ury but as intimately linked to community,culture,and the natural world.Its landmark entertainment and wellbeing destinations offer guests a u
306、nique immersive environment,based in ancient traditions of thermal bathing and delivered with modern technology.This unique blended experience includes water-based activities with fit-ness programming,attractions,wellbeing therapies,arts and culture,botanics,and food and nutrition.Therme Group sees
307、a positive fu-ture for cities as places of inclusive urban wellbeing,where Therme supports people to live healthier and more fulfilling lives.Visit .56|Global Wellness InstituteWE ACKnoWlEDGE AnD ThAnK ouR GEoGRAPhy oF WEllnESS SPonSoRS:AG7BDMS Wellness ClinicBlueprint GlobalConceptasia and Fukui Wellness CollaborationThe Ministry of Tourism and Creative Economy,Republic of IndonesiaNational Academy of Sports MedicineThe Philippines Department of TourismThe Singapore Tourism BoardTherme Group011624333 S.E.2nd Avenue,Suite 2048 Miami,FL 33131WWW.GlobAlWEllnESSInSTITuTE.oRG