Spa Business Insider issue 436

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GLOBAL WELLNESS SUMMIT SPECIAL EDITION

17 NOVEMBER 2023 ISSUE 436

A SPA BUSINESS PUBLICATION

Wellness economy worth $5.6trn The global wellness economy will be worth US$8.5 trillion by 2027, according to new research unveiled by the Global Wellness Institute (GWI).

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Called The Global Wellness

Economy 2023, the report was unveiled on the first day of the 17th

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annual Global Wellness Summit (GWS), hosted in Miami, Florida. It is the 10th edition of its kind and since the pandemic's economic shocks.

■ The report was unveiled live on stage in Miami at the 2023 GWS

GWS

It provides numbers and analysis for all

LIZ TERRY

illustrates how the market has fared

11 wellness sectors, regional data and the top 20 national markets for each

GWI senior research fellow and

wellness sector while exploring the

co-author of the report.

major shifts and trends that will impact

“If the pandemic disrupted

each wellness market in the future.

industry momentum in the short

“We’re surprised by the resiliency

term, it has simultaneously created opportunities for wellness.”

back,” said Katherine Johnston,

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PEOPLE

EXPANSION

Simone Biles headlines GWS 2023 Legendary gymnast joins Miami summit

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Katherine Johnston

SUPPLIER NEWS

Chiva-Som's sister brand plans global rollout

Seed to Skin launches new skincare duo

Karen Campbell shares more about Jayasom

Light Source and Night Force hit the market

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SEED TO SKIN

and how quickly it has bounced

GWS

a dramatic shift in the long-term

GWS

of the global wellness economy,

The pandemic has created a dramatic shift in the long-term opportunities for wellness

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