Argentina Wellness Tourism Market Size & Outlook, 2022-2030
Argentina wellness tourism market, 2016-2030 (US$B)
Related Markets
Argentina wellness tourism market highlights
- The Argentina wellness tourism market generated a revenue of USD 0.9 billion in 2022 and is expected to reach USD 2.3 billion by 2030.
- The Argentina market is expected to grow at a CAGR of 12.4% from 2023 to 2030.
- In terms of segment, in-country transport 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 0.9 billion |
| Market revenue in 2030 | USD 2.3 billion |
| Growth rate | 12.4% (CAGR from 2022 to 2030) |
| Largest segment | In-country transport |
| 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, Argentina accounted for 0.1% 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 Latin America, Mexico wellness tourism market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 18.4 billion by 2030.
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Wellness Tourism Market Scope
Wellness Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina 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.
In-country transport was the largest segment with a revenue share of 22.22% in 2022. Horizon Databook has segmented the Argentina 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.
Under the banner Argentina Authentic, the Argentinian tourism organization INPROTUR promotes niche tourism sectors. The 12 niches selected are polo, Jewish experience, educational, patrimony of mankind, rural, urban, cultural, and cruises, in addition to health, wellness, spa, & thermal.
Having moved away from price competition, Argentina is promoting quality, comfort, and care in all of these sectors, as well as in a separate tourism campaign aimed at the luxury market. Argentina witnesses strong potential in luxury travel, one of the fastest-growing segments of the global tourism industry.
This niche caters to those who can afford to stay in a 5-star hotel and prefer tailor-made services over packaged vacations. Numerous spas and hotel spas target this lucrative market with their advertising.
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Target buyers of Argentina 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 Argentina wellness tourism market, including forecasts for subscribers. This country databook contains high-level insights into Argentina wellness tourism market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina wellness tourism market size, by service, 2016-2030 (US$B)
Argentina Wellness Tourism Market Share, 2022 & 2030 (US$B)
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