Report ID: SQMIG25Q2004
Report ID:
SQMIG25Q2004 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
62 |
Figures:
75
With a 54.8% market share in 2023, the Asia Pacific region held the majority of the market. The United Nations World Tourism Organization (UNWTO) conducted data that shows that outbound passengers from Asia and the Pacific now make up 37.0% of all tourists worldwide, with spending on international travel doubling in the last ten years (APAC). Practically every aspect of the health business has been influenced by Asian healing theories and practices for decades, from yoga and Ayurveda to traditional Chinese medicine's concept of balance and vitality.
From 2024 and 2031, North America is anticipated to see a CAGR of 5.7%. The growing popularity of holistic therapies that encourage health and wellness travel is one of the major factors driving the yoga tourism industry in North America. The market position is also predicted to improve over the course of the projection period due to the growing importance of both physical and mental health as well as the high level of disposable income in this region.
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Report ID: SQMIG25Q2004