Report ID: SQMIG25Q2004
Report ID:
SQMIG25Q2004 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
62 |
Figures:
75
Global Yoga Tourism Market size was valued at USD 164.26 Billion in 2022 and is poised to grow from USD 173.95 Billion in 2023 to USD 275.17 Billion by 2031, at a CAGR of 5.9% during the forecast period (2024-2031).
Yoga tourism has developed and expanded along with the "travel to feel better" trend. Yoga travel is a type of wellness travel. Yoga is characterised as the union of the body, mind, and soul. Yoga is frequently recommended as a way to improve breathing, decrease stress, build muscle, and increase flexibility. Many wellness companies have created online yoga and meditation sessions to help clients reduce their mental stress. Yoga Alliance, Yoga Journal, and Ipsos Public Affairs surveyed 2,000 people in total and 1,700 yoga practitioners. The latest survey shows that Americans spent $16 billion on equipment, classes, and accessories, up from $10 billion three years ago. Yoga practitioners spent $5.8 billion on courses and $4.6 billion on clothing, both of which are more than double of what they were a few years ago. Yoga, exercise, and spa vacations accounted for 17.8%, 17.1%, and 16.5% of all wellness getaways, respectively, according to a survey by Compareretreats.com Ltd. Retreats for detoxification (8.1%) and anti-stress (9.7%) were fourth and fifth, respectively. Detox getaways (8.1%) and anti-stress (9.7%) programmes took the fourth and fifth spots, respectively. Those who make a living off of regularly practising yoga are known as "yoga travellers." Daily or bimonthly yoga practice is devoted to half of them. In a nearby yoga studio, most of them attended yoga classes.
US Yoga Tourism Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25Q2004