Mexico Wellness Tourism Market Size & Outlook, 2022-2030
Mexico wellness tourism market, 2016-2030 (US$B)
Related Markets
Mexico wellness tourism market highlights
- The Mexico wellness tourism market generated a revenue of USD 17.3 billion in 2022 and is expected to reach USD 43.1 billion by 2030.
- The Mexico market is expected to grow at a CAGR of 12.1% 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 17.3 billion |
| Market revenue in 2030 | USD 43.1 billion |
| Growth rate | 12.1% (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, Mexico accounted for 2.1% 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 |
|---|
Mexico 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 22.54% in 2022. Horizon Databook has segmented the Mexico 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.
According to data from the Secretary of Tourism, the wellness tourism sector in Mexico grew by 15% annually from 2013 to 2018. This growth rate made Mexico one of the leading wellness tourism destinations in Latin America and 11th in the world.
The country's economic growth is heavily dependent on the tourism industry and the increasing number of foreign wellness tourists has prompted the country to focus more on wellness tourism. In the coming years, thermal tourism in Mexico is likely to be a major factor attracting wellness seekers, particularly North Americans and Canadians who prefer a tropical vacation destination.
Reasons to subscribe to Mexico wellness tourism market databook:
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Target buyers of Mexico 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 Mexico wellness tourism market, including forecasts for subscribers. This country databook contains high-level insights into Mexico wellness tourism market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico wellness tourism market size, by service, 2016-2030 (US$B)
Mexico Wellness Tourism Market Share, 2022 & 2030 (US$B)
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