GLOBAL WELLNESS SUMMIT SPECIAL EDITION
18 NOVEMBER 2024 ISSUE 462
A SPA BUSINESS PUBLICATION
Wellness economy hits $6.3tn peak The global wellness economy surged to an all-time high valuation of US$6.3 trillion in 2023 – meaning it has broken records for the third year running – according to brand new research from the Global Wellness Institute (GWI).
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Called the Global Wellness Economy
Monitor 2024, the 100-page report predicts the economy will continue to go from strength to strength (nearly double its 2019 size).
■ The research team unveiled the results live on stage at the 2024 summit
GWS
GWS
and reach US$9 trillion in 2028 The research, now in its 11th year, is an annual highlight of the Global
exploring the big trends that will
Wellness Summit (GWS) and was
impact each segment in the future.
presented live on stage at the 2024
“The wellness economy continues to
summit in St Andrews, Scotland.
march forward at a brisk pace, despite
The report provides new market
a decline in global wellbeing on many fronts,” said Katherine Johnston and
projections through to 2028 for
Ophelia Yeung, GWI senior researchers.
all 11 wellness sectors, while also
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EVENTS
LONGEVITY
Ophelia Yeung
GWS 2024: A Watershed Moment for Wellness
Simone Gibertoni predicts the future of longevity
Spa Business rounds up highlights from the GWS
Clinique La Prairie CEO shares vision at GWS
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GHARIENI
GWS
GWS
sizes, recent growth rates and
The wellness economy continues to march forward at a brisk pace
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