Product Code: BWC23052
Global Yoga Tourism Market Size to Grow at a Steady CAGR of 5.2% During 2023-2029
Global yoga tourism market is flourishing owing to growing interest in wellness tourism, an increase in disease burden and in the prevalence of mental illnesses, such as depression and anxiety, and government supportive investments in promoting yoga tourism.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects global yoga tourism market size to grow at a steady CAGR of 5.2% during the forecast period between 2023 and 2029. Major growth factors for global yoga tourism market include the increasing popularity of outdoor yoga classes provided during long weekend breaks, festival holidays, and seasonal options. In recent years, the yoga market has grown significantly. It has benefited from several trends, including the rise of leisure and the development of boutique fitness, as well as complementary trends.
Global Yoga Tourism Market - Overview
Wellness tourism refers to the practice of traveling to improve one's physical, mental, and spiritual well-being. The desire for a healthy lifestyle, stress reduction, and the desire to avoid illnesses are the primary drivers of increased demand for wellness tourism. Tourists engage in spiritual, physical, and mental activities by visiting spas, practicing yoga, staying at health resorts, and attending meditation retreats. Personal wellbeing is promoted by the desire to interact socially with locals and learn about other cultures, which drives the growth of the wellness tourism industry.
Opportunity: Increasing Internet Use
The deepening penetration of internet-enabled smart electronic devices, such as laptops, tablets, and smartphones, is leading to a significant increase in the number of wellness tourists. Social media marketing by travel agencies and other tourism-related service providers has a significant positive effect on the growth of the wellness tourism sector in the current digital era. Internet users are being actively educated about wellness tourism and its benefits. The ease with which travel service providers make it possible to book tickets and make travel plans have changed consumers' preferences for online ticket booking over the past few years.
Impact of COVID-19 on Global Yoga Tourism Market
Global yoga tourism market expansion was impacted by COVID-19. Following the pandemic, consumers are eager to engage in self-recreational activities, such as yoga, art therapy, and meditation for longer periods, which is driving the demand for yoga tourism. Due to the outbreak, people spent a lot of time inside their homes. Due to the significant loss of social engagement brought on by these restrictions, mental stress has increased. To assist clients in reducing mental stress, several wellness companies have introduced online yoga and meditation classes. The market has grown positively because of this factor.
Global Yoga Tourism Market - By Region
Geographically, global yoga tourism market covers five major regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa. The majority of share in the market is held by APAC. According to research by the United Nations World Tourism Organization (UNWTO), travelers from the APAC region are spending more money abroad than they did ten years ago. Since many years ago, Asian healing theories and methods have had a profound impact on the health industry, from yoga and ayurveda to traditional Chinese medicine's concepts of balance and vitality.
North America is expected to grow at a significant CAGR from 2023 to 2029. Because of the growing importance of both physical and mental health, one of the main factors driving the yoga tourism industry in North America is the growing popularity of holistic therapies that support health and wellness travel. Because of the growing importance of both physical and mental health, as well as the high level of disposable income in this region, the market position is expected to improve throughout the forecast period.
Competitive Landscape:
Global yoga tourism market is fiercely competitive. Prominent players include OSHO International Foundation, Yoga Travel & Beyond GmbH, Tour radar, Tripaneer (book yoga retreats), Intrepid Travel, Kamalaya Co Ltd, Samahita International Co. Ltd., Schloss Elmau GmbH & Co. KG., Smiling Mind, Inner Explorer Inc., Committee for Children, Stop, Breathe & Think PBC, Simple Habit, Inc., Calm, and Headspace Inc. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in global yoga tourism market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Yoga Tourism Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Yoga Tourism Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Global Yoga Tourism Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Multiple Benefits offered by Yoga
- 3.2.1.2. Outbreak of COVID-19 Pandemic Augmented practicing of Yoga Across World
- 3.2.1.3. Celebrity Endorsement & Promotion of Yoga
- 3.2.1.4. Initiation of International Yoga Day and Other Government Initiatives
- 3.2.2. Restraints
- 3.2.2.1. Presence of other alternative such as multi-specialty gym, fitness centers, and therapy classes
- 3.2.2.2. Increase in number of Yoga Accidents
- 3.2.3. Opportunities
- 3.2.3.1. Promotion of Yoga for Male Participants
- 3.2.4. Challenges
- 3.2.4.1. Effects an individual's Blood Sugar levels
- 3.2.4.2. Weight gain and loss due to misnuterient balance in the human body
- 3.3. Technology Advancement/Recent Development
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Global Yoga Tourism Market Overview
- 4.1. Market Size & Forecast by Value, 2019-2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Gender
- 4.2.1.1. Women
- 4.2.1.2. Men
- 4.2.2. By Region
- 4.2.2.1. North America
- 4.2.2.2. Europe
- 4.2.2.3. Asia Pacific (APAC)
- 4.2.2.4. Latin America (LATAM)
- 4.2.2.5. Middle East and Africa (MEA)
5. North America Yoga Tourism Market
- 5.1. Market Size & Forecast by Value, 2019-2029
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Product
- 5.2.2. By Country
- 5.2.2.1. US
- 5.2.2.1.1. By Product
- 5.2.2.2. Canada
- 5.2.2.2.1. By Product
6. Europe Yoga Tourism Market
- 6.1. Market Size & Forecast by Value, 2019-2029
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.2. By Country
- 6.2.2.1. Germany
- 6.2.2.1.1. By Product
- 6.2.2.2. UK
- 6.2.2.2.1. By Product
- 6.2.2.3. Italy
- 6.2.2.3.1. By Product
- 6.2.2.4. France
- 6.2.2.4.1. By Product
- 6.2.2.5. Spain
- 6.2.2.5.1. By Product
- 6.2.2.6. The Netherlands
- 6.2.2.6.1. By Product
- 6.2.2.7. Rest of Europe
- 6.2.2.7.1. By Product
7. Asia Pacific Yoga Tourism Market
- 7.1. Market Size & Forecast by Value, 2019-2029
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Country
- 7.2.2.1. China
- 7.2.2.1.1. By Product
- 7.2.2.2. India
- 7.2.2.2.1. By Product
- 7.2.2.3. Japan
- 7.2.2.3.1. By Product
- 7.2.2.4. South Korea
- 7.2.2.4.1. By Product
- 7.2.2.5. Australia & New Zealand
- 7.2.2.5.1. By Product
- 7.2.2.6. Indonesia
- 7.2.2.6.1. By Product
- 7.2.2.7. Malaysia
- 7.2.2.7.1. By Product
- 7.2.2.8. Singapore
- 7.2.2.8.1. By Product
- 7.2.2.9. Philippines
- 7.2.2.9.1. By Product
- 7.2.2.10. Vietnam
- 7.2.2.10.1. By Product
- 7.2.2.11. Rest of APAC
- 7.2.2.11.1. By Product
8. Latin America Yoga Tourism Market
- 8.1. Market Size & Forecast by Value, 2019-2029
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Country
- 8.2.2.1. Brazil
- 8.2.2.1.1. By Product
- 8.2.2.2. Mexico
- 8.2.2.2.1. By Product
- 8.2.2.3. Argentina
- 8.2.2.3.1. By Product
- 8.2.2.4. Peru
- 8.2.2.4.1. By Product
- 8.2.2.5. Colombia
- 8.2.2.5.1. By Product
- 8.2.2.6. Rest of LATAM
- 8.2.2.6.1. By Product
9. Middle East & Africa Yoga Tourism Market
- 9.1. Market Size & Forecast by Value, 2019-2029
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Country
- 9.2.2.1. Saudi Arabia
- 9.2.2.1.1. By Product
- 9.2.2.2. UAE
- 9.2.2.2.1. By Product
- 9.2.2.3. Qatar
- 9.2.2.3.1. By Product
- 9.2.2.4. Kuwait
- 9.2.2.4.1. By Product
- 9.2.2.5. South Africa
- 9.2.2.5.1. By Product
- 9.2.2.6. Nigeria
- 9.2.2.6.1. By Product
- 9.2.2.7. Algeria
- 9.2.2.7.1. By Product
- 9.2.2.8. Rest of MEA
- 9.2.2.8.1. By Product
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. Global Yoga Tourism Company Market Share Analysis, 2022
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Covid-19 on Global Yoga Tourism Market
12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
- 12.1. OSHO International Foundation
- 12.2. Yoga Travel & Beyond GmbH,
- 12.3. Tour radar
- 12.4. Tripaneer (book yoga retreats),
- 12.5. Intrepid Travel
- 12.6. Kamalaya Co Ltd,
- 12.7. Samahita International Co. Ltd.
- 12.8. Schloss Elmau GmbH & Co. KG.
- 12.9. Smiling Mind
- 12.10. Inner Explorer Inc.
- 12.11. Committee for Children
- 12.12. Stop, Breathe & Think PBC
- 12.13. Simple Habit, Inc.
- 12.14. Calm, Headspace Inc.
- 12.15. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumption & Limitation
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figure
- Figure 1 Global Yoga Tourism Market Segmentation
- Figure 2 Global Yoga Tourism Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2021
- Figure 4 Global Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 5 Global Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 6 Global Yoga Tourism Market Share, By Region, By Value, 2019-2029
- Figure 7 North America Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 8 North America Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 9 North America Yoga Tourism Market Share, By Country, By Value, 2019-2029
- Figure 10 US Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 11 US Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 12 Canada Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 13 Canada Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 14 Europe Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 15 Europe Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 16 Europe Yoga Tourism Market Share, By Country, By Value, 2019-2029
- Figure 17 Germany Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 18 Germany Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 19 UK Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 20 UK Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 21 Italy Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 22 Italy Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 23 France Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 24 France Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 25 Spain Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 26 Spain Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 27 Netherlands Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 28 Netherlands Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 29 Belgium Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 30 Belgium Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 31 NORDIC Countries Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 32 NORDIC Countries Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 33 Rest of Europe Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 34 Rest of Europe Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 35 Asia-Pacific Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 36 Asia-Pacific Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 37 Asia-Pacific Yoga Tourism Market Share, By Country, By Value, 2019-2029
- Figure 38 China Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 39 China Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 40 India Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 41 India Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 42 Japan Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 43 Japan Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 44 South Korea Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 45 South Korea Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 46 Australia & New Zealand Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 47 Australia & New Zealand Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 48 Indonesia Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 49 Indonesia Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 50 Malaysia Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 51 Malaysia Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 52 Singapore Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 53 Singapore Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 54 Philippines Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 55 Philippines Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 56 Vietnam Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 57 Vietnam Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 58 Rest of APAC Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 59 Rest of APAC Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 60 Latin America Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 61 Latin America Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 62 Latin America Yoga Tourism Market Share, By Country, By Value, 2019-2029
- Figure 63 Brazil Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 64 Brazil Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 65 Mexico Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 66 Mexico Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 67 Argentina Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 68 Argentina Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 69 Peru Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 70 Peru Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 71 Colombia Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 72 Colombia Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 73 Rest of LATAM Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 74 Rest of LATAM Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 75 Middle East & Africa Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 76 Middle East & Africa Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 77 Middle East & Africa Yoga Tourism Market Share, By Country, By Value, 2019-2029
- Figure 78 Saudi Arabia Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 79 Saudi Arabia Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 80 UAE Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 81 UAE Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 82 Qatar Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 83 Qatar Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 84 Kuwait Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 85 Kuwait Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 86 Iran Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 87 Iran Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 88 South Africa Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 89 South Africa Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 90 Nigeria Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 91 Nigeria Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 92 Kenya Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 93 Kenya Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 94 Egypt Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 95 Egypt Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 96 Morocco Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 97 Morocco Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 98 Algeria Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 99 Algeria Yoga Tourism Market Share, By Type, By Value, 2019-2029
- Figure 100 Rest of MEA Yoga Tourism Market Size, By Value (USD Billion), 2019-2029
- Figure 101 Rest of MEA Yoga Tourism Market Share, By Type, By Value, 2019-2029