How Much Are Consumers Spending on Wellness Products / Services?
The global wellness market is over $1.5 trillion, with annual growth of 5-10%.
As healthcare costs soar consumers around the world are expecting wellness services/product sales to skyrocket over the next year.
The global wellness market is over $1.5 trillion, with annual growth of 5-10%.
McKinsey & Company forecasts a greater change towards services, especially those (such as personal training, nutritionists, and counseling) that emphasize physical and mental health.
According to The Future of Wellness Survey, the United States is leading the way in mindfulness training, however, lagging in the spending on fitness.
With economic uncertainty looming, the need for mental health, sleep, and low-intensity fitness services will continue to trend upward.
