Wellness is now bigger than IT or the green economy — and growing faster than tourism.
20%
Annual growth of wellness real estate sector
The market for wellness-focused buildings and homes is growing by about 20 percent every year. As more such developments go up, they keep creating fresh venues where spas can open.
Global Wellness Institute · 2025
~181,000
Approximately 181,000 spas worldwide in 2022.
There were roughly 181,000 spas around the world in 2022. That is the entire pool of places that could one day use software like this.
Global Wellness Institute · 2022
43
Countries covered in Intelligent Spas Global Benchmark Survey
The same global spa study gathered figures from spas in 43 different countries. That wide spread shows spa performance can be measured and compared in much the same way all over the world.
Intelligent Spas · 2019
$1.1T
Forecast wellness real estate market by 2029 (double 2024)
Wellness-focused property, the buildings and homes built around health, is expected to roughly double to $1.1 trillion by 2029. That long-term trend means many more places will be built with a spa inside, creating steady demand for years to come.
Global Wellness Institute · 2025
$706
Global average per-capita wellness spend was $706 in 2022 (GWI).
In 2022, the average person on Earth spent about $706 a year on wellness. It is a quick way to gauge how much a given market might spend, and how much room is left for it to grow.
GWI · 2022
~$104.5B
Global spa industry estimated at about $104.5 billion (2024 Monitor, 2022 data).
Another study puts the worldwide spa market at a smaller figure, about $104.5 billion, using data from 2022. The two estimates differ because different researchers count and measure the market in different ways, so it is normal to see a range rather than one exact number.
Global Wellness Institute · 2022
$136.8B
Global spa sector was $136.8 billion in 2023.
In 2023, spas around the world brought in $136.8 billion between them. That is the total amount of money people spent on spa visits and treatments, the exact slice of the market a spa business is selling into.
Global Wellness Institute · 2023
$157B
Global spa sector worth $157 billion in 2024, up 14.6% YoY from 2023 (GWI Monitor 2025)
In 2024, the global spa industry brought in about $157 billion, which was 14.6% more than the year before. This is the specific part of the market that spas actually compete in, and double-digit yearly growth means guest demand is rising and there is room for more treatment rooms.
GWI · 2024
$157B
Global spa sector worth $157 billion, growing 14.6% YoY (GWI spa industry data).
Spas alone bring in about $157 billion a year worldwide, and that figure is climbing by nearly 15% each year. Demand for treatments is rising fast, and so is the need for the tools that keep a spa running.
Global Wellness Institute · 2024
~$72B
Global thermal/mineral springs sector about $72 billion in 2024, growing ~11% a year.
Hot springs and mineral baths made up about $72 billion of spending worldwide in 2024, and that figure is rising by roughly 11% every year. It is one of the fastest-growing corners of wellness, which matters most for resorts built near natural hot or mineral waters.
Global Wellness Institute · 2024
$5T
Global tourism economy sized at $5 trillion in 2024, smaller than wellness (GWI 2025)
In 2024, the entire global tourism industry was worth about $5 trillion a year. That is actually smaller than the wellness market, which means spas and wellness are no longer a side service to travel, they are a major economic force in their own right.
GWI · 2024
$9T
Global wellness economy forecast to reach $9 trillion by 2028 (GWI 2024 Monitor).
Worldwide spending on wellness is expected to reach $9 trillion by 2028. That long stretch of expected growth is good reason to build solid spa systems now rather than wait.
GWI / PRWeb · 2028
$9.8T
Global wellness economy forecast to reach $9.8 trillion by 2029 (GWI).
By 2029, total spending on wellness worldwide is expected to reach $9.8 trillion. In plain terms, the pool of money people put toward looking and feeling well keeps getting much bigger, roughly half as large again as it is today.
GWI · 2029
$9.8T
Global wellness economy forecast to reach $9.8 trillion by 2029 (GWI, Nov 2025).
The global wellness market is expected to grow from today's level to about $9.8 trillion by 2029. That steady, long-term climb is what makes it worth committing to wellness software over many years rather than just the short term.
Global Wellness Institute · 2029
$9.8T
Global wellness economy forecast to reach $9.8 trillion by 2029.
Worldwide wellness spending is expected to reach $9.8 trillion by 2029. A forecast that looks several years ahead gives spa owners and software makers plenty of time to plan and invest with confidence that the demand will be there.
Global Wellness Institute · 2029
+7.9%
Global wellness economy grew 7.9% YoY into 2024 (GWI)
Spending on wellness worldwide grew by almost 8% in the year leading into 2024. Steady growth like this tells spa owners that demand is climbing year after year, which helps justify adding new treatment rooms and hiring more staff.
GWI · 2024
$6.3T
Global wellness economy hit a record $6.3 trillion in 2023 (GWI 2024 Monitor).
Worldwide wellness spending reached a record $6.3 trillion in 2023, up from the year before. That continued growth, even after the pandemic, shows that the money flowing into the industry keeps rising.
GWI / PRWeb · 2023
$6.8T
Global wellness economy hit a record $6.8 trillion in 2024.
In 2024 worldwide spending on wellness reached an all-time high of $6.8 trillion. The fact that it keeps climbing year after year means demand for spas and the tools to run them is steady and dependable, not a passing fad.
Global Wellness Institute · 2024
$6.8T
Global wellness economy in 2024, up 7.9% in a single year
In 2024, people around the world spent about $6.8 trillion on wellness, things like spas, fitness, healthy eating and self-care, and that was up nearly 8 percent in just one year. It is an enormous and fast-growing pool of spending that spa and wellness businesses can tap into.
Global Wellness Institute · 2025
$9.0T
Global wellness economy projected to hit $9.0 trillion by 2028 (GWI-derived).
The whole wellness market — everything people spend on staying healthy and feeling good — is expected to reach $9 trillion a year by 2028. It is a useful checkpoint for owners deciding how fast to grow, because it shows the wider industry is still expanding strongly.
Global Wellness Institute · 2028
$9.0T
Global wellness economy projected to reach $9.0 trillion by 2028 at 7.3% CAGR.
Worldwide wellness spending is expected to reach $9 trillion by 2028, growing by roughly 7% every single year. In plain terms, the market keeps getting bigger at a steady, reliable pace with no sign of slowing down.
Global Wellness Institute · 2028
$9.8T
Global wellness economy projected to reach $9.8 trillion by 2029 at 7.6% CAGR (GWI Monitor 2025)
All the money people spend on health and wellness around the world is expected to reach $9.8 trillion a year by 2029, growing by roughly 8% every year. In plain terms, this market keeps getting bigger faster than the economy as a whole, so demand for spa and wellness services should keep climbing.
GWI · 2029
$5.6T
Global wellness economy reached $5.6 trillion in 2022 (GWI).
In 2022 the world spent about $5.6 trillion a year on wellness, covering everything from spas to fitness to healthy eating. That huge pool of spending is the overall market that spa software sits inside.
GWI · 2022
$6.3T
Global wellness economy reached $6.3 trillion in 2023.
In 2023 people around the world spent $6.3 trillion on wellness — things like spas, fitness, healthy eating and wellness travel. That is more than the entire medicine and pharmaceutical industry, which shows just how big a part of the economy looking after yourself has become.
Global Wellness Institute · 2023
$6.8T
Global wellness economy reached $6.8 trillion in 2024 (GWI Monitor 2025)
In 2024 people around the world spent 6.8 trillion dollars on wellness, the broad category that covers everything from spas and fitness to healthy eating and travel. A market this large and growing is the steady demand sitting behind the whole spa business.
GWI · 2024
$6.8T
Global wellness economy reached $6.8 trillion in 2024, up 7.9% year-on-year (GWI).
In 2024, people around the world spent about $6.8 trillion on wellness, nearly 8% more than the year before. A market this large and still growing means there is plenty of room for businesses in this space to invest and expand.
Global Wellness Institute · 2024
$6.8T
Global wellness economy reached a record $6.8 trillion in 2024 (GWI, Nov 2025).
In 2024, people around the world spent a record $6.8 trillion on wellness — things like spas, fitness, healthy eating and wellness travel. That figure shows demand is still climbing, even with higher prices and disrupted travel.
GWI · 2024
+7.9%
Global wellness economy single-year growth in 2024
In a single year, 2024, worldwide spending on wellness grew by almost 8 percent. That is rapid growth, meaning the market for spas and the businesses that serve them is getting bigger quickly.
Global Wellness Institute · 2025
$584B
Global wellness real estate reached $584 billion in 2024, forecast to double to $1.1 trillion by 2029.
Wellness-branded property, meaning homes and buildings designed around health and wellbeing, was worth $584 billion worldwide in 2024 and is expected to nearly double to $1.1 trillion by 2029. As more of these developments are built, more of them will include spas that need to be run and booked.
Global Wellness Institute · 2024
31,386
Globally 31,386 thermal and mineral springs establishments in 2024 (GWI)
In 2024 there were about 31,386 hot springs and mineral bath establishments around the world. This count shows how many such venues already exist, which gives a sense of how much competition and supply there is in the thermal bathing niche.
GWI · 2024
$5.1T
Green economy sized at $5.1 trillion in 2024, comparison vs wellness (GWI 2025)
In 2024, the global green economy, covering things like clean energy and sustainability, was worth about $5.1 trillion a year. Wellness spending is now about the same size, which gives a sense of just how large the market spas operate in really is.
GWI · 2024
$1.62T
Healthy Eating and Nutrition projected $1.62T by 2029, 7.1% CAGR 2024-29 (GWI 2025)
Spending on healthy eating and nutrition is expected to reach about $1.62 trillion a year by 2029, growing roughly 7% every year. This fast growth supports adding healthy dining and nutrition programs as another way for spas to earn money beyond treatments.
GWI · 2029
$1.15T
Healthy Eating and Nutrition wellness sector $1.15T in 2024, 4.7% CAGR 2019-24 (GWI 2025)
In 2024, people spent about $1.15 trillion worldwide on healthy eating and nutrition, and that figure has grown by roughly 5% a year since 2019. A market this large shows there is real room for spas to sell healthy cafe food, meal plans, and nutrition programs alongside their treatments.
GWI · 2024
$5.3T
IT sector sized at $5.3 trillion in 2024, comparison vs wellness (GWI 2025)
In 2024, the world's entire information technology industry was worth about $5.3 trillion a year. Wellness spending is roughly the same size, so the money flowing into health and wellness is on par with the whole tech sector, a clear sign it is worth building good software for spas.
GWI · 2024
$435B
Mental Wellness projected $435B by 2029, 10.1% CAGR 2024-29 (GWI 2025)
Spending on mental wellness is expected to reach about $435 billion a year by 2029, growing roughly 10% every year. Steady, strong growth in this area supports spas offering stress relief, better sleep, and meditation as part of their menu.
GWI · 2029
$268B
Mental Wellness sector $268B in 2024, 12.4% CAGR 2019-24 (GWI 2025)
In 2024, people spent about $268 billion worldwide on mental wellness, things like meditation, stress relief, and better sleep, growing more than 12% a year since 2019. This fast climb is an opening for spas to add calming, mindfulness, and sleep-focused programs that guests are clearly willing to pay for.
GWI · 2024
90%
North America, Asia-Pacific and Europe together hold 90% of the $5.6T global wellness economy (2022).
Of all the money spent on wellness worldwide in 2022, 90% of it came from just three areas: North America, Asia-Pacific and Europe. Because the spending is so concentrated, those three regions are the natural places to focus on first.
GWI · 2022
$1.71T
Personal Care and Beauty projected $1.71T by 2029, 4.8% CAGR 2024-29 (GWI Monitor 2025)
Spending on personal care and beauty is expected to climb from today's levels to about $1.71 trillion a year by 2029, growing roughly 5% every year. Steady growth like this means spas can keep counting on selling beauty products and add-on treatments to guests for years to come.
GWI · 2029
$1.35T
Personal Care and Beauty wellness sector $1.35T in 2024, 4.8% CAGR 2019-24 (GWI Monitor 2025)
In 2024, people spent about $1.35 trillion worldwide on personal care and beauty products and services, and that spending has been growing by roughly 5% a year since 2019. This is the single biggest part of the wellness market, and it feeds the retail shelves and treatment menus that spas can sell from.
GWI · 2024
$1.46T
Physical Activity projected $1.46T by 2029, 5.1% CAGR 2024-29 (GWI 2025)
Spending on physical activity is expected to reach about $1.46 trillion a year by 2029, growing roughly 5% every year. Continued growth like this supports spas combining exercise and recovery services with their usual treatments.
GWI · 2029
$1.14T
Physical Activity wellness sector $1.14T in 2024, 4.6% CAGR 2019-24 (GWI 2025)
In 2024, people spent about $1.14 trillion worldwide on physical activity, things like gyms, fitness classes, and equipment, and that has grown by roughly 5% a year since 2019. It shows guests are willing to pay to stay active, which is a natural fit for spas that add fitness studios or recovery services.
GWI · 2024
7.6%
Projected annual growth of global wellness economy to 2029 (vs 4.5% global GDP)
Wellness spending is expected to grow about 7.6 percent a year through 2029, while the world's economy as a whole grows only about 4.5 percent a year. Wellness is pulling ahead of the broader economy, a sign of unusually strong demand.
Global Wellness Institute · 2025
4.5%
Projected global GDP growth (wellness economy outpaces it)
The world's overall economy is expected to grow about 4.5 percent a year. This is the everyday yardstick: wellness spending is growing noticeably faster than that, which shows how much momentum the sector has.
Global Wellness Institute · 2025
$9.8T
Projected global wellness economy by 2029 at 7.6% annual growth
By 2029, worldwide spending on wellness is expected to reach nearly $9.8 trillion, growing by about 7.6 percent every year. In plain terms, the long-term opportunity for anything spa-related is large and keeps expanding.
Global Wellness Institute · 2025
$852B
Public Health and Prevention projected $852B by 2029, 4.7% CAGR 2024-29 (GWI 2025)
Spending on preventing illness and staying healthy is expected to reach about $852 billion a year by 2029, growing roughly 5% every year. Rising demand to prevent rather than treat illness supports spas that move toward services with measurable health benefits.
GWI · 2029
$676B
Public Health and Prevention wellness sector $676B in 2024, 8.6% CAGR 2019-24 (GWI 2025)
In 2024, people spent about $676 billion worldwide on preventing illness and staying healthy, and this has been one of the fastest-growing health categories, rising nearly 9% a year since 2019. The shift toward prevention is good news for spas that offer health checks, screenings, and longevity-focused services.
GWI · 2024
$228B
Spas sector projected to reach $228B by 2029 from $157B in 2024, 7.7% CAGR (GWI 2025)
The global spa market is expected to grow from about $157 billion in 2024 to around $228 billion by 2029, rising roughly 8% every year. This is the future size of the core market spas belong to, and it gives owners a sense of how much room there is to grow and invest.
GWI · 2029
201,861
There are 201,861 spas worldwide (GWI spa industry count).
There are about 201,861 spas around the world. That is the entire pool of places that could one day use a system like this to handle their bookings and day-to-day running.
Global Wellness Institute · 2024
+11.1%
Thermal and mineral springs grew 11.1% in a single year (2023 to 2024) (GWI)
In a single year, from 2023 to 2024, spending on hot springs and mineral baths grew by more than 11%. That is a fast jump, and it signals that more guests are seeking out thermal bathing, so resorts that add pools and bathing facilities are likely to find ready demand.
GWI · 2024
$116B
Thermal and mineral springs projected $116B by 2029, 10.0% CAGR 2024-29 (GWI 2025)
Spending on hot springs and mineral baths is expected to reach about $116 billion a year by 2029, growing roughly 10% every year. That growth is speeding up compared with recent years, a sign that more guests want bathing-led wellness experiences.
GWI · 2029
$72B
Thermal and mineral springs sector $72B in 2024, 1.7% CAGR 2019-24 (GWI 2025)
In 2024, hot springs and mineral baths brought in about $72 billion worldwide, growing slowly at under 2% a year since 2019. This sizes up the thermal bathing niche, the steady but smaller market that resorts tap into when they add pools and bathing amenities.
GWI · 2024
$606B
Traditional and Complementary Medicine $606B in 2024, 4.6% CAGR 2019-24 (GWI 2025)
In 2024, people spent about $606 billion worldwide on traditional and complementary medicine, things like Ayurveda, traditional Chinese medicine, and herbal therapies, growing roughly 5% a year since 2019. Demand this strong confirms there is a real market for heritage-based treatments on a spa's menu.
GWI · 2024
$1.01T
Traditional and Complementary Medicine projected $1.01T by 2029, 10.8% CAGR (GWI 2025)
Spending on traditional and complementary medicine, such as Ayurveda and herbal therapies, is expected to reach about $1.01 trillion a year by 2029, growing roughly 11% every year. That is nearly double today's level, a strong sign that guests increasingly want treatments rooted in age-old healing traditions.
GWI · 2029
$548B
Wellness Real Estate $548B in 2024, fastest-growing sector at 19.5% CAGR 2019-24 (GWI 2025)
In 2024, about $548 billion was spent on wellness real estate, meaning homes and buildings designed around health and well-being. It is the fastest-growing part of the whole wellness market, rising nearly 20% a year since 2019, which explains why new resorts and developments increasingly build a spa in as a central feature.
GWI · 2024
$584B
Wellness real estate market in 2024, fastest-growing sector at 20% annual
In 2024, homes and buildings designed around health and wellbeing, such as developments with gyms, spas and clean air, were worth about $584 billion. Growing roughly 20 percent a year, this is the fastest-rising part of the whole wellness world, and it puts spas right where people live.
Global Wellness Institute · 2025
$1.11T
Wellness Real Estate projected $1.11T by 2029, 15.2% CAGR 2024-29 (GWI 2025)
Spending on wellness-focused property is expected to reach about $1.11 trillion a year by 2029, growing roughly 15% every year. As more developments are built around health and well-being, more of them will need their own spa operations and the software to run them.
GWI · 2029
6.1%
Wellness was 6.1% of global GDP in 2024, larger than tourism, green economy or IT (GWI 2025)
In 2024, spending on wellness made up about 6 of every 100 dollars of everything the world produces and earns. That makes wellness a bigger part of the global economy than tourism, the green economy, or the entire technology industry, which shows it is now a mainstream part of how people spend their money, not a small niche.
GWI · 2024
$59B
Workplace Wellness projected $59B by 2029, 2.2% CAGR 2024-29 (GWI 2025)
Company spending on employee wellness is expected to reach about $59 billion a year by 2029, growing modestly at roughly 2% every year. The growth is slow, but it still gives spas a steady stream of potential corporate clients to court.
GWI · 2029
$53B
Workplace Wellness sector $53B in 2024, 0.7% CAGR 2019-24 (GWI 2025)
In 2024, companies spent about $53 billion worldwide on wellness programs for their employees, a figure that has barely grown, under 1% a year since 2019. Even so, these corporate budgets are a way for spas to win business clients for staff retreats and wellness programs.
GWI · 2024
$102.32B
Global spa services market $102.32B in 2025 forecast to $194.02B by 2033 (8.6% CAGR); Europe largest share 25.9%.
One market study values worldwide spa services at $102.32 billion in 2025 and expects that to reach $194.02 billion by 2033, growing by about 8.6% each year. Europe is the largest single region, making up just under 26% of the total.
Grand View Research · 2025
$73.5B
Global spa services market $73.5B in 2020 forecast to $423.3B by 2031 (17.3% CAGR).
One especially optimistic forecast started spa services at $73.5 billion in 2020 and predicts $423.3 billion by 2031, which would mean growth of more than 17% every year. That is far higher than most other estimates, so it is best treated as an upper-end possibility rather than a safe bet.
Allied Market Research · 2020
$138B→$224B
Global spa services market projected to grow from $138B (2024) to $224B (2033).
Money spent on spa treatments worldwide is set to rise from $138 billion in 2024 to $224 billion by 2033 — roughly doubling in under ten years. Steady, long-term growth like this gives owners the confidence to invest in more rooms and more staff.
Grand View Research · 2024
30.3%
Hotel/resort spa segment held 30.3% of the total spa services market in 2025 — the largest segment.
Spas inside hotels and resorts make up the biggest part of the market, with about 30 of every 100 dollars spent on spa services in 2025 going to them. They are the single largest group of spas, which is why tools built for hotel operations matter so much.
Grand View Research · 2025
1.2M / 6,400+
Global all-inclusive inventory exceeds an estimated 1.2 million keys across 6,400+ dedicated properties (2025, vendor estimate).
Around the world there are an estimated 1.2 million all-inclusive resort rooms spread across more than 6,400 dedicated properties. All-inclusive means one upfront price covers the room, meals, drinks, and activities, which makes it harder to see exactly how much money the spa on its own brings in.
Dataintelo · 2025