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The Global Wellness Tourism Market size is estimated to grow by USD 492.7 billion accelerating at a CAGR of 9.45% between 2023 and 2028. Market growth is fueled by the increasing prevalence of mental health issues and a heightened awareness of personal wellness, driving the popularity of spas and salons. The hospitality industry's growing emphasis on wellness also contributes to this trend, promoting the growth of medical spas. However, challenges such as the perception as a luxury market and obstacles to delivering a comprehensive customer experience pose significant barriers. Additionally, heightened competition and the proliferation of hoaxes in the wellness sector may hinder market expansion. Despite these challenges, the market is expected to continue growing as more people prioritize mental and physical well-being, presenting opportunities for innovation and market development.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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