Latest
issue
GET SPA BUSINESS
magazine
Yes! Send me the FREE digital editions of Spa Business and Spa Business insider magazines and the FREE weekly Spa Business and Spa Business insider ezines and breaking news alerts!
Not right now, thanksclose this window
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Features   Products   Company profilesProfiles   Magazine   Handbook   Advertise    Subscribe  
News report
Eastern promise

New data from the GWI names Japan the world’s third highest performing wellness economy


Japan’s wellness economy is worth US$303 billion (€283 billion, £242.6 billion) which makes it one of the most successful in the world, trumped only by the US at US$1.2 trillion (€1.1 trillion, £994.3 billion) and China at US$683 billion, (€637.4 billion, £546.3 billion).

This is based on data that’s just been revealed by the Global Wellness Institute (GWI). It focuses on 12 sub-sectors that GWI uses to measure the US$4.4 trillion (€4.1 trillion, £3.6 trillion) global wellness economy.

Sub-sector rankings
The country’s three most lucrative wellness markets include personal care and beauty (US$105.9 billion, €98.8 billion, £84.7 billion), healthy eating (US$70.1 billion, €65.4 billion, £56.1 billion) and physical activity (US$41 billion, €38.2 billion, £32.8 billion).

Wellness real estate is one of the fastest-moving markets. It grew from US$2.5 billion (€2.3 billion, £2 billion) in 2017 to US$11.5 billion (€10.7 billion, £9.2 billion) in 2020.

Meanwhile, spa-related markets come lower down the rankings. Traditional and complementary medicine in Japan is valued at US$16.7 billion (€15.5 billion, £13.3 billion), thermal and mineral springs at US$9.2 billion (€8.5 billion), £7.4 billion) and spas at US$4.2 billion (€3.9 billion, £3.4 billion).

Geography of wellness
The new data came to light after the GWI added Japan to its Geography of Wellness website. Launched last year, the platform gives a deep dive into a country’s distinctive wellness assets.

Other nations featured include Brazil, Singapore, Thailand, the UK, the US and Indonesia.

“Japan is an amazing example of a sustainable, strong wellness economy,” says Susie Ellis, GWI chair and CEO.

GWI partnered with Conceptasia and Fukui Wellness Collaboration to unveil the findings.

“Japan’s ancient customs heavily inspire our wellness culture today,” explains Yoriko Soma, CEO of Conceptasia. “These include onsen and forest bathing, hiking, a culture of cleanliness, a healthful diet and focus on martial arts based in the Zen mindset.”

photo: Yorika Soma

"Japan’s ancient customs heavily inspire our wellness culture today" – Yorika Soma

FEATURED SUPPLIERS

Snow’s holistic cool-down: Embracing inclusivity in post-sauna rituals
In the world of wellness, the age-old tradition of sauna bathing is synonymous with relaxation, detoxification and rejuvenation. But, a crucial and sometimes overlooked part of the journey is the all-important cooldown. [more...]

Prepare your spa for peak season with SpaSoft
The busy season is here, and it's time to shine! Prepare your spa to deliver an exceptional experience to guests who walk through your doors. [more...]
+ More featured suppliers  
COMPANY PROFILES
Cariitti Oy

Cariitti is a Finnish family business founded by Kari Ruokonen in 1998 that offers versatile lightin [more...]
Gharieni Group

Gharieni is positioned as one of the most innovative players in the wellness industry – creating unp [more...]
+ More profiles  
CATALOGUE GALLERY
 

+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

28-29 Jul 2024

Les Nouvelles Esthetiques Spa Conference 2024

Southern Sun Rosebank, Johannesburg, South Africa
03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
SPA BUSINESS
SPA OPPORTUNITIES
SPA BUSINESS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024
Uniting the world of spa & wellness
Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸
News   Products   Magazine   Subscribe
News report
Eastern promise

New data from the GWI names Japan the world’s third highest performing wellness economy


Japan’s wellness economy is worth US$303 billion (€283 billion, £242.6 billion) which makes it one of the most successful in the world, trumped only by the US at US$1.2 trillion (€1.1 trillion, £994.3 billion) and China at US$683 billion, (€637.4 billion, £546.3 billion).

This is based on data that’s just been revealed by the Global Wellness Institute (GWI). It focuses on 12 sub-sectors that GWI uses to measure the US$4.4 trillion (€4.1 trillion, £3.6 trillion) global wellness economy.

Sub-sector rankings
The country’s three most lucrative wellness markets include personal care and beauty (US$105.9 billion, €98.8 billion, £84.7 billion), healthy eating (US$70.1 billion, €65.4 billion, £56.1 billion) and physical activity (US$41 billion, €38.2 billion, £32.8 billion).

Wellness real estate is one of the fastest-moving markets. It grew from US$2.5 billion (€2.3 billion, £2 billion) in 2017 to US$11.5 billion (€10.7 billion, £9.2 billion) in 2020.

Meanwhile, spa-related markets come lower down the rankings. Traditional and complementary medicine in Japan is valued at US$16.7 billion (€15.5 billion, £13.3 billion), thermal and mineral springs at US$9.2 billion (€8.5 billion), £7.4 billion) and spas at US$4.2 billion (€3.9 billion, £3.4 billion).

Geography of wellness
The new data came to light after the GWI added Japan to its Geography of Wellness website. Launched last year, the platform gives a deep dive into a country’s distinctive wellness assets.

Other nations featured include Brazil, Singapore, Thailand, the UK, the US and Indonesia.

“Japan is an amazing example of a sustainable, strong wellness economy,” says Susie Ellis, GWI chair and CEO.

GWI partnered with Conceptasia and Fukui Wellness Collaboration to unveil the findings.

“Japan’s ancient customs heavily inspire our wellness culture today,” explains Yoriko Soma, CEO of Conceptasia. “These include onsen and forest bathing, hiking, a culture of cleanliness, a healthful diet and focus on martial arts based in the Zen mindset.”

photo: Yorika Soma

"Japan’s ancient customs heavily inspire our wellness culture today" – Yorika Soma

LATEST NEWS
Light Centre secures £1.6 million to launch 10 new wellbeing centres across London
Middleton Enterprises, a UK-based family investment office, has committed £1.6 million (US$2.1 million, €1.9 million) in funding to the Light Centre – a network of medical, therapeutic and wellbeing centres with four locations in London.
Rianna Riego joins Seed to Skin as director of global business development
Rianna Riego, a seasoned professional in the wellness and spa industry, has been appointed director of global business development at Seed to Skin Tuscany, a premier Italian botanical skincare and spa brand.
Rugby legend Jonny Wilkinson joins the speaker lineup at the HCM Summit to share insights into his journey to health and wellbeing
Rugby legend, Jonny Wilkinson has been announced as a keynote speaker for the HCM Summit on 24 October in London.
Woodland Spa to double footprint with £16m revamp, set to complete in August
The Woodland Spa, a premier UK day spa located in Burnley, Lancashire, is set to unveil the results of its £16 million (US$20.5 million, €18.9 million) transformation this August.
Therme creating ‘natural-healing urban oasis’ in South Korea, eyes further locations in Asia and US
Global wellbeing organisation Therme Group is on a mission to make wellness accessible to all and is expanding globally, bringing its social spas to the US, Canada, the UK and now South Korea.
Prime IV Hydration & Wellness unveils Nashville location amid plans for 97 new franchise spas this year
Nutrient vitamin IV therapy franchise, Prime IV Hydration & Wellness, is accelerating its expansion across the US, having recently launched its third location in Nashville's Green Hills area.
Third Space is on a roll with the second of three 2024 club launches
Third Space is celebrating the launch of its 11th club in London at the historic Battersea Power Station development.
SwellSpa taps AI to deliver nature-based sound therapy for spa treatment rooms
Sound wellness company Swell has launched AI-generated music solutions for spas and hotels, scientifically proven to improve wellbeing.
Elaine Jobson, CEO of Jetts, publishes high performance management book
Happy staff make more profitable businesses is the message of Jetts CEO, Elaine Jobson’s new book High Performance through Happy People.
Restorative wellness retreat opens at Grand Hotel Son Net in foothills of Mallorca’s Tramuntana mountain region
Grand Hotel Son Net – a stylish, art-filled Mallorcan boutique hotel – has launched a brand-new spa and wellness area, after reopening in 2023.
GWI publishes Wellness Policy Toolkit to help address global mental health crisis
The Global Wellness Institute (GWI) has released a new report emphasising the critical role of mental wellness in supporting overall mental health.
Submersive's psychedelic bathhouse concept fusing wellness, art and tech to arrive in 2026
In 2026, the traditional bathhouse experience will get a futuristic twist with the arrival of Submersive – an innovative concept combining classical spa therapies with art, AI technology and multimedia effects.
+ More news   
 
FEATURED SUPPLIERS

Snow’s holistic cool-down: Embracing inclusivity in post-sauna rituals
In the world of wellness, the age-old tradition of sauna bathing is synonymous with relaxation, detoxification and rejuvenation. But, a crucial and sometimes overlooked part of the journey is the all-important cooldown. [more...]

Prepare your spa for peak season with SpaSoft
The busy season is here, and it's time to shine! Prepare your spa to deliver an exceptional experience to guests who walk through your doors. [more...]
+ More featured suppliers  
COMPANY PROFILES
Cariitti Oy

Cariitti is a Finnish family business founded by Kari Ruokonen in 1998 that offers versatile lightin [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

28-29 Jul 2024

Les Nouvelles Esthetiques Spa Conference 2024

Southern Sun Rosebank, Johannesburg, South Africa
03-05 Sep 2024

ASEAN Patio Pool Spa Expo

IMPACT Exhibition Center, Bangkok, Thailand
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS