Saudi Arabia Wellness Tourism Market Size & Outlook
Saudi Arabia wellness tourism market, 2016-2030 (US$B)
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Saudi Arabia wellness tourism market highlights
- The Saudi Arabia wellness tourism market generated a revenue of USD 1.5 billion in 2022 and is expected to reach USD 3.5 billion by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 11.1% 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 1.5 billion |
| Market revenue in 2030 | USD 3.5 billion |
| Growth rate | 11.1% (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, Saudi Arabia accounted for 0.2% 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 Middle East & Africa, UAE wellness tourism market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12.5 billion by 2030.
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Wellness Tourism Market Scope
Wellness Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 20% in 2022. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia is rich in breathtaking natural scenery where tourism and wellness can easily coexist. Saudi Arabia offers a variety of wellness tourism opportunities, ranging from bigger projects such as the luxury wellness resort Triple Bay at AMAALA to natural hot springs in Al Ahsa known for their healing properties.
Not to mention the luxury spas located in hotels and resorts across the nation as well as the wellness practitioners on the ground. The government, corporate entities, and tour operators are all introducing more meaningful trips to promote wellness in the country.
Reasons to subscribe to Saudi Arabia wellness tourism market databook:
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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 Saudi Arabia 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 Saudi Arabia wellness tourism market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia wellness tourism market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia wellness tourism market size, by service, 2016-2030 (US$B)
Saudi Arabia Wellness Tourism Market Share, 2022 & 2030 (US$B)
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