China Wellness Tourism Market Size & Outlook, 2022-2030
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China wellness tourism market highlights
- The China wellness tourism market generated a revenue of USD 25.6 billion in 2022 and is expected to reach USD 74.6 billion by 2030.
- The China market is expected to grow at a CAGR of 14.3% 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 25.6 billion |
Market revenue in 2030 | USD 74.6 billion |
Growth rate | 14.3% (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, China accounted for 3.1% 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 Asia Pacific, Thailand wellness tourism market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 91.4 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 |
China 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 23.44% in 2022. Horizon Databook has segmented the China 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.
China’s local culture and natural resources are important drivers for development in the wellness tourism sector, which is gaining attention from investors and visitors. The Chinese culture has a very long history in terms of massage and treatments.
The areas for booming wellness tourism in China include sightseeing tourism model with unique natural scenery, cultural tourism model with farming culture & folk culture, and the experiential tourism model with leisure and sports activities. According to Global Wellness Summit Report 2019, the interest in wellness types of offers is rising among outbound Chinese travelers.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China 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 China wellness tourism market, including forecasts for subscribers. This country databook contains high-level insights into China wellness tourism market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China wellness tourism market size, by service, 2016-2030 (US$B)
China Wellness Tourism Market Share, 2022 & 2030 (US$B)
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