France Corporate Wellness Market Size & Outlook, 2023-2030
France corporate wellness market, 2018-2030 (US$M)
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France corporate wellness market highlights
- The France corporate wellness market generated a revenue of USD 2,958.0 million in 2023 and is expected to reach USD 4,509.4 million by 2030.
- The France market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, health risk assessment was the largest revenue generating service in 2023.
- Stress Management is the most lucrative service segment registering the fastest growth during the forecast period.
Corporate wellness market data book summary
| Market revenue in 2023 | USD 2,958.0 million |
| Market revenue in 2030 | USD 4,509.4 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Health risk assessment |
| Fastest growing segment | Stress Management |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Health Risk Assessment, Fitness, Smoking Cessation, Health Screening, Nutrition & Weight Management, Stress Management |
| Key market players worldwide | ComPsych, Wellness Corporate Solutions, EXOR NV, Marino Wellness, Privia Health Group Inc, Wellsource, Truworth Wellness |
Other key industry trends
- In terms of revenue, France accounted for 5.4% of the global corporate wellness market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany corporate wellness market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 4,509.4 million by 2030.
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Corporate Wellness Market Scope
Corporate Wellness Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France corporate wellness 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 corporate wellness market will help companies and investors design strategic landscapes.
Health risk assessment was the largest segment with a revenue share of 21.91% in 2023. Horizon Databook has segmented the France corporate wellness market based on health risk assessment, fitness, smoking cessation, health screening, nutrition & weight management, stress management covering the revenue growth of each sub-segment from 2018 to 2030.
In January 2016, France passed the “right to disconnect,” which implies that an employee is not obligated to work at home or bring work home after official working hours. This is mandatory for employers with more than 50 employees. Overuse of these devices leads to sleeplessness and stress. This law was passed to cut back on the “always on” work culture, which was nothing but unpaid overtime.
Not many benefits are provided to the employees as the state system of France is very generous. When executives are in question, their minimum compensation will be decided by the Labor Code. According to a study published by Workplace Options, an employee support solutions provider company, in September 2019, absenteeism in France increased by 39% with an average annual growth rate of 6.85%.
This can be attributed to various factors such as emotional issues (29%), musculoskeletal disorders (27%), and psychological disorders (10%). This indicates the growth opportunity for the corporate wellness market in the country.
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Our clientele includes a mix of corporate wellness 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 France corporate wellness market , including forecasts for subscribers. This country databook contains high-level insights into France corporate wellness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France corporate wellness market size, by service, 2018-2030 (US$M)
France Corporate Wellness Market Outlook Share, 2023 & 2030 (US$M)
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