Canada Wellness Tourism Market Size & Outlook, 2022-2030
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Canada wellness tourism market highlights
- The Canada wellness tourism market generated a revenue of USD 30.7 billion in 2022 and is expected to reach USD 81.2 billion by 2030.
- The Canada market is expected to grow at a CAGR of 12.9% from 2023 to 2030.
- In terms of segment, lodging was the largest revenue generating service in 2022.
- Wellness Activities is the most lucrative service segment registering the fastest growth during the forecast period.
Wellness tourism market data book summary
| Market revenue in 2022 | USD 30.7 billion |
| Market revenue in 2030 | USD 81.2 billion |
| Growth rate | 12.9% (CAGR from 2022 to 2030) |
| Largest segment | Lodging |
| Fastest growing segment | Wellness Activities |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | In-country Transport, Lodging, Food & Beverage, Wellness Activities, Shopping |
| Key market players worldwide | Hilton Worldwide Holdings Inc, Accor SA, Hyatt Hotels Corp Class A, Marriott International Inc Class A, New World Development Co Ltd, InterContinental Hotels Group PLC ADR, Four Seasons Hotels and Resorts |
Other key industry trends
- In terms of revenue, Canada accounted for 3.8% of the global wellness tourism market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. wellness tourism market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 81.2 billion by 2030.
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Wellness Tourism Market Scope
Wellness Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Radisson Hotel Group | View profile | 10001+ | Brussels, Brussels Hoofdstedelijk Gewest, Belgium, Europe | https://www.radissonhotelgroup.com/ |
| Omni Hotels & Resorts | View profile | 10001+ | Dallas, Texas, United States, North America | http://www.omnihotels.com/ |
| Rosewood Hotel Group | View profile | 10001+ | Central, Hong Kong Island, Hong Kong, Asia | http://www.rosewoodhotelgroup.com/en/ |
| InterContinental Hotels Group PLC ADR | View profile | 13462 | 1 Windsor Dials, Arthur Road, Windsor, Berkshire, United Kingdom, SL4 1RS | https://www.ihgplc.com |
| New World Development Co Ltd | View profile | 13000 | 16-18 Queen's Road, Central, 30th Floor, New World Tower, Hong Kong, Hong Kong | https://www.nwd.com.hk |
| Accor SA | View profile | 223279 | 82, Rue Henri Farman, Tour Sequana, Issy-les-Moulineaux, Paris, France, 92130 | https://group.accor.com |
| Hilton Worldwide Holdings Inc | View profile | 178000 | 7930 Jones Branch Drive, Suite 1100, McLean, VA, United States, 22102 | https://www.hilton.com |
| Four Seasons Hotels and Resorts | View profile | 10001+ | Toronto, Ontario, Canada, North America | http://www.fourseasons.com |
| Marriott International Inc Class A | View profile | 411000 | 7750 Wisconsin Avenue, Bethesda, MD, United States, 20814 | https://www.marriott.com |
| Hyatt Hotels Corp Class A | View profile | 51000 | 150 North Riverside Plaza, 8th Floor, Chicago, IL, United States, 60606 | https://www.hyatt.com |
Canada wellness tourism market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wellness tourism market will help companies and investors design strategic landscapes.
Lodging was the largest segment with a revenue share of 23.13% in 2022. Horizon Databook has segmented the Canada wellness tourism market based on in-country transport, lodging, food & beverage, wellness activities, shopping covering the revenue growth of each sub-segment from 2016 to 2030.
The wellness sector in Canada is developing and has undergone rapid expansion over the last decade. Around 6 out of the 10 provinces of Canada and two territories are actively promoting the wellness industry.
Provinces including British Columbia and Ontario focus on general wellness and spa offerings than other offerings. Moreover, Manitoba, Alberta, Ontario, Yukon, Saskatchewan, and British Columbia are promoting wellness tourism on their official and national (destination Canada) websites.
The industry in the country has been gaining importance recently owing to the growing preference for Canada's prairie cities, West Coast rainforest, quaint French-Canadian towns, country estates in Ontario's rolling hills, and seaside Atlantic Canada. As per the Wellness Tourism Initiative 2020 U.S. and Canada survey, around 19% of the respondents wanted to visit Canada for wellness travel till 2022.
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Target buyers of Canada wellness tourism market databook
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Our clientele includes a mix of wellness tourism market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada wellness tourism market, including forecasts for subscribers. This country databook contains high-level insights into Canada wellness tourism market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada wellness tourism market size, by service, 2016-2030 (US$B)
Canada Wellness Tourism Market Share, 2022 & 2030 (US$B)
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