Wellness real estate market size is to grow by USD 575.9 billion from 2022 to 2027; increasing demand for regenerative living to be an emerging trend - Technavio

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Jun 26, 2023, 10:15 ET

NEW YORK, June 26, 2023 /PRNewswire/ -- The wellness real estate market is set to grow by USD 575.9 billion from 2022 to 2027 progressing at a CAGR of 21.77% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The growing demand for wellness real estate from the luxury residential sector is a major factor notably driving the growth of the global wellness real estate market. Developers are increasingly introducing open-air yoga studios and medicinal gardens with calming herbs and meditation courtyards in their residential projects to maintain wellness among luxurious housing sectors. Furthermore, wealthy homebuyers demand eco-sensitive abodes that are built with natural products and interior design features that help stimulate mental clarity. Also, the growth in the number of partnerships and associations among vendors will boost the market in the luxurious sector during the forecast period. The market for buildings with WELL Building Standards in both commercial and residential luxurious housing sectors is rising, thereby resulting in an up-scaling of residential and master-planned communities and luxury properties to attract higher-income customers. Therefore, such factors are anticipated to fuel the growth of the market in focus during the forecast period. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and a forecast period (2023-2027). Download Sample Report in minutes!

Technavio has announced its latest market research report titled Global Wellness Real Estate Market

The wellness real estate market covers the following areas:

The report on the wellness real estate market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Wellness Real Estate Market 2023-2027 - Market Dynamics

Major Trends

Growing demand for regenerative living is an emerging trend in the global wellness real estate market growth. Builders and real estate developers are increasingly deviating from green buildings to regenerative buildings. The major reason behind this is the increasing demand for environment-friendly buildings and augmented emphasis on minimizing the release of toxic gases in the environment. Builders and real estate developers are significantly emphasizing creating innovative, regenerative residential communities that deliver green, biophilic, sustainable, and healthy designs. The primary aim for the development of regenerative buildings is to construct a comprehensive ecosystem for its residents, allowing them to cultivate their own nutritious food using renewable energy along with clean air and recycled water. Therefore, these factors are expected to drive the growth of the global wellness real estate market during the forecast period.

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Global competitiveness and key competitor positions
Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Significant Challenges

High competition in the wellness real estate market is a major challenge that may impede the market growth. The international wellness real estate market is fragmented, with the existence of numerous regional as well as global vendors operating in the market. This, in turn, has expanded the market competitiveness among vendors, thereby resulting in a high threat of competitors. Because of the fragmented nature of the market, vendors offer different services with innovative technologies. Similarly, the increased competition from global vendors has started local as well as regional vendors to enter into partnerships and alliances, thereby strengthening the competition in the market. Rising competition from local vendors that deliver different building monitoring and control devices (air purifies and others) as supplies hinder the growth of the global wellness real estate market during the forecast period.

Wellness Real Estate Market 2023-2027: Market Segmentation

This report extensively covers market segmentation by end-user (commercial and residential) and geography (North America, APAC, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges.

The market share growth by the commercial segment will be significant during the forecast period. In this segment, companies such as Delos Living LLC (Delos) have started delivering solutions such as MindBreaks, which desire at delivering corporate wellness and curated offerings developed to reduce stress and enhance focus, productivity, and performance in the office. There has been an upsurge in the number of commercial wellness real estate projects in the Middle East, APAC, and South America in the past few years. The demand for green and sustainable buildings and increased focus on corporate wellness are expected to fuel the segment during the forecast period.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

Companies Mentioned

Berkeley Group
CBRE Group Inc.
Delos Living LLC
DPZ CoDesign LLC
EFFEKT Arkitekter ApS
Gamuda Berhad
GOCO HOSPITALITY
Heta Architects
Humaniti Montreal Inc.
Jones Lang LaSalle Inc.
Sansiri Public Co. Ltd.
Signify NV
Tata Sons Pvt. Ltd.
Tokyu Fudosan Holdings Corp.
Vox Media LLC

Vendor Offerings

Berkeley Group - The company offers wellness real estate such as a wellness suite, gym, cinema room, residents lounge, and concierge.
CBRE Group Inc. - The company offers wellness real estate such as corporate workplace.
Delos Living LLC - The company offers wellness real estate services under its brand Stay Well.

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The US corporate wellness market size is estimated to grow at a CAGR of 8.38% between 2022 and 2027. The market size is forecast to increase by USD 6.12 billion. This report extensively covers market segmentation by application (health assessments and screenings, nutrition and fitness, stress management, and others) and product type (SMEs and large organizations). One of the key factors driving the corporate wellness market growth in the US is the increasing need to combat rising healthcare costs.

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Wellness Real Estate Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 21.77%
Market growth 2023-2027	USD 575.9 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	21.69
Regional analysis	North America, APAC, Europe, Middle East and Africa, and South America
Performing market contribution	North America at 37%
Key countries	US, China, Australia, Germany, and the UK
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Berkeley Group, CBRE Group Inc., Delos Living LLC, DPZ CoDesign LLC, EFFEKT Arkitekter ApS, Gamuda Berhad, GOCO HOSPITALITY, Heta Architects, Humaniti Montreal Inc., Jones Lang LaSalle Inc., Sansiri Public Co. Ltd., Signify NV, Tata Sons Pvt. Ltd., Tokyu Fudosan Holdings Corp., and Vox Media LLC
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 13: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 14: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global wellness real estate market 2017 - 2021

Exhibit 17: Historic Market Size – Data Table on Global wellness real estate market 2017 - 2021 ($ billion)

4.2 End-user Segment Analysis 2017 - 2021

Exhibit 18: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

4.3 Geography Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.4 Country Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 21: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 22: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 23: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 24: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 25: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 26: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 27: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments

Exhibit 28: Chart on End-user - Market share 2022-2027 (%)
Exhibit 29: Data Table on End-user - Market share 2022-2027 (%)

6.2 Comparison by End-user

Exhibit 30: Chart on Comparison by End-user
Exhibit 31: Data Table on Comparison by End-user

6.3 Commercial - Market size and forecast 2022-2027

Exhibit 32: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
Exhibit 33: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Chart on Commercial - Year-over-year growth 2022-2027 (%)
Exhibit 35: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

6.4 Residential - Market size and forecast 2022-2027

Exhibit 36: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
Exhibit 37: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Chart on Residential - Year-over-year growth 2022-2027 (%)
Exhibit 39: Data Table on Residential - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by End-user

Exhibit 40: Market opportunity by End-user ($ billion)

7 Customer Landscape

7.1 Customer landscape overview

Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation

Exhibit 42: Chart on Market share by geography 2022-2027 (%)
Exhibit 43: Data Table on Market share by geography 2022-2027 (%)

8.2 Geographic comparison

Exhibit 44: Chart on Geographic comparison
Exhibit 45: Data Table on Geographic comparison

8.3 North America - Market size and forecast 2022-2027

Exhibit 46: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on North America - Year-over-year growth 2022-2027 (%)

8.4 APAC - Market size and forecast 2022-2027

Exhibit 50: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2022-2027 (%)

8.5 Europe - Market size and forecast 2022-2027

Exhibit 54: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 55: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2022-2027 (%)

8.6 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

8.7 South America - Market size and forecast 2022-2027

Exhibit 62: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 63: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2022-2027 (%)

8.8 US - Market size and forecast 2022-2027

Exhibit 66: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 67: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 69: Data Table on US - Year-over-year growth 2022-2027 (%)

8.9 China - Market size and forecast 2022-2027

Exhibit 70: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2022-2027 (%)

8.10 Germany - Market size and forecast 2022-2027

Exhibit 74: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2022-2027 (%)

8.11 Australia - Market size and forecast 2022-2027

Exhibit 78: Chart on Australia - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Data Table on Australia - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Chart on Australia - Year-over-year growth 2022-2027 (%)
Exhibit 81: Data Table on Australia - Year-over-year growth 2022-2027 (%)

8.12 UK - Market size and forecast 2022-2027

Exhibit 82: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 85: Data Table on UK - Year-over-year growth 2022-2027 (%)

8.13 Market opportunity by geography

Exhibit 86: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 87: Impact of drivers and challenges in 2022 and 2027

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 89: Overview on factors of disruption

10.4 Industry risks

Exhibit 90: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 91: Vendors covered

11.2 Market positioning of vendors

Exhibit 92: Matrix on vendor position and classification

11.3 Berkeley Group

Exhibit 93: Berkeley Group - Overview
Exhibit 94: Berkeley Group - Product / Service
Exhibit 95: Berkeley Group - Key offerings

11.4 CBRE Group Inc.

Exhibit 96: CBRE Group Inc. - Overview
Exhibit 97: CBRE Group Inc. - Business segments
Exhibit 98: CBRE Group Inc. - Key offerings
Exhibit 99: CBRE Group Inc. - Segment focus

11.5 Delos Living LLC

Exhibit 100: Delos Living LLC - Overview
Exhibit 101: Delos Living LLC - Product / Service
Exhibit 102: Delos Living LLC - Key offerings

11.6 DPZ CoDesign LLC

Exhibit 103: DPZ CoDesign LLC - Overview
Exhibit 104: DPZ CoDesign LLC - Product / Service
Exhibit 105: DPZ CoDesign LLC - Key offerings

11.7 EFFEKT Arkitekter ApS

Exhibit 106: EFFEKT Arkitekter ApS - Overview
Exhibit 107: EFFEKT Arkitekter ApS - Product / Service
Exhibit 108: EFFEKT Arkitekter ApS - Key offerings

11.8 Gamuda Berhad

Exhibit 109: Gamuda Berhad - Overview
Exhibit 110: Gamuda Berhad - Business segments
Exhibit 111: Gamuda Berhad - Key offerings
Exhibit 112: Gamuda Berhad - Segment focus

11.9 GOCO HOSPITALITY

Exhibit 113: GOCO HOSPITALITY - Overview
Exhibit 114: GOCO HOSPITALITY - Product / Service
Exhibit 115: GOCO HOSPITALITY - Key offerings

11.10 Heta Architects

Exhibit 116: Heta Architects - Overview
Exhibit 117: Heta Architects - Product / Service
Exhibit 118: Heta Architects - Key offerings

11.11 Humaniti Montreal Inc.

Exhibit 119: Humaniti Montreal Inc. - Overview
Exhibit 120: Humaniti Montreal Inc. - Product / Service
Exhibit 121: Humaniti Montreal Inc. - Key offerings

11.12 Jones Lang LaSalle Inc.

Exhibit 122: Jones Lang LaSalle Inc. - Overview
Exhibit 123: Jones Lang LaSalle Inc. - Business segments
Exhibit 124: Jones Lang LaSalle Inc. - Key news
Exhibit 125: Jones Lang LaSalle Inc. - Key offerings
Exhibit 126: Jones Lang LaSalle Inc. - Segment focus

11.13 Sansiri Public Co. Ltd.

Exhibit 127: Sansiri Public Co. Ltd. - Overview
Exhibit 128: Sansiri Public Co. Ltd. - Business segments
Exhibit 129: Sansiri Public Co. Ltd. - Key offerings
Exhibit 130: Sansiri Public Co. Ltd. - Segment focus

11.14 Signify NV

Exhibit 131: Signify NV - Overview
Exhibit 132: Signify NV - Business segments
Exhibit 133: Signify NV - Key news
Exhibit 134: Signify NV - Key offerings
Exhibit 135: Signify NV - Segment focus

11.15 Tata Sons Pvt. Ltd.

Exhibit 136: Tata Sons Pvt. Ltd. - Overview
Exhibit 137: Tata Sons Pvt. Ltd. - Business segments
Exhibit 138: Tata Sons Pvt. Ltd. - Key offerings
Exhibit 139: Tata Sons Pvt. Ltd. - Segment focus

11.16 Tokyu Fudosan Holdings Corp.

Exhibit 140: Tokyu Fudosan Holdings Corp. - Overview
Exhibit 141: Tokyu Fudosan Holdings Corp. - Business segments
Exhibit 142: Tokyu Fudosan Holdings Corp. - Key offerings
Exhibit 143: Tokyu Fudosan Holdings Corp. - Segment focus

11.17 Vox Media LLC

Exhibit 144: Vox Media LLC - Overview
Exhibit 145: Vox Media LLC - Product / Service
Exhibit 146: Vox Media LLC - Key offerings

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 147: Inclusions checklist
Exhibit 148: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 149: Currency conversion rates for US$

12.4 Research methodology

Exhibit 150: Research methodology
Exhibit 151: Validation techniques employed for market sizing
Exhibit 152: Information sources

12.5 List of abbreviations

Exhibit 153: List of abbreviations

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