Switzerland Wellness Tourism Market Size & Outlook
Switzerland wellness tourism market, 2016-2030 (US$B)
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Switzerland wellness tourism market highlights
- The Switzerland wellness tourism market generated a revenue of USD 18.6 billion in 2022 and is expected to reach USD 46.9 billion by 2030.
- The Switzerland market is expected to grow at a CAGR of 12.2% 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 18.6 billion |
| Market revenue in 2030 | USD 46.9 billion |
| Growth rate | 12.2% (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, Switzerland accounted for 2.3% 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 Europe, France wellness tourism market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 70.0 billion by 2030.
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Wellness Tourism Market Scope
Wellness Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Switzerland 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 23.12% in 2022. Horizon Databook has segmented the Switzerland 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.
Switzerland is traditionally famous for its luxurious hospitality, medical, and wellness industry. The country has exceptional natural beauty and is one of the attractive tourist destinations for people seeking a wellness retreat.
According to the Global Wellness Institute report published in December 2018, Switzerland ranked 12th as a wellness tourism destination, with around 9.7 million trips in 2017. This generated direct employment for around 0.10 million individuals.
Moreover, the pandemic has adversely impacted the wellness tourism market in the country. With relaxation in the COVID-19 restrictions, the wellness tourism market in the country has slightly improved although it still remains below the pre-pandemic levels.
Reasons to subscribe to Switzerland 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 Switzerland 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 Switzerland wellness tourism market, including forecasts for subscribers. This country databook contains high-level insights into Switzerland wellness tourism market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Switzerland wellness tourism market size, by service, 2016-2030 (US$B)
Switzerland Wellness Tourism Market Share, 2022 & 2030 (US$B)
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