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Introduction
The post-covid world has seen an alarming increase in disease rate. The people are now opting for a healthier lifestyle as a preventative measure. Hence, the wellness market is expected to grow to approximately 6.9 billion USD by 2030, as per the statistics provided by Grand View Research. In this blog, we will go over some of the areas of growth including the driving factors that have led to this rapid bloom in the industry.
Understanding the Concept of Wellness
Before delving into the statistics of the wellness market in UAE, it is important to understand the basic concept of wellness. This includes your physical, mental and spiritual well-being. It also emphasizes having healthy social relationships, job satisfaction and our intelligence or cognitive skills. Hence, it is essential to take care of all these diverse aspects of our well-being for a healthy and happy life.
Driving Factors in UAE’s Wellness Growth
- Increased Awareness
Over the recent years, people have become aware of the necessity of a healthy lifestyle for a long and happy life. You can find numerous influencers and wellness enthusiasts on digital apps like TikTok and Instagram. World renowned celebs also promote a healthy way of living which has influenced many people. The Wellness market in UAE has also evolved due to this awareness. Research suggests that people in the UAE have a high consumerism rate when it comes to fitness related products. Based on the research provided by Statista, this rate is bound to reach USD 2.57 billion in the current year.
- Availability of Alternative Therapies
UAE culture represents the perfect blend of tradition and technology. This culture is also represented in the wellness market in UAE. You can easily find a diverse range of alternative therapies most of which have their roots in ancient practice but have been evolved to fit the needs of people today. Finding a holistic healing center in Dubai is a hassle-free experience as there are many such places all across the UAE. There is also a huge demand for holistic therapies which has led to the opening of many wellness, health and fitness centers.
- Need for Corporate Wellness Programs
Major organizations around the world have recognized the need for corporate wellness strategies to enhance the performance of their employees. It improves employee retention rates which ensures that talented and experienced individuals stay committed to the company’s growth. Dubai has one of the largest corporate sectors in the world with most people working for corporate organizations. Hence, it is a leading factor in the rapid growth of the wellness market in UAE. It is currently valued at approximately USD 180 million with a huge rise expected over the next five years.
- Growth in Tourism
People from all across the world come to enjoy the Arabic culture, modern architecture and advanced technology. During their visit people often enjoy a magical experience at a healing center. So, what makes the UAE a magnet for wellness enthusiasts? For starters, the centers here offer luxury services at affordable prices.
Wrapping it Up!
The perfect vacation from planning to execution can become pretty exhausting. If you are planning to travel to Dubai, don’t forget to add a wellness center visit to your schedule. It is an amazing experience where you get to sit back and relax. We welcome you to visit Home of Wellness which is a leading holistic health and wellness sanctuary. You can bring your friends and family to enjoy the soothing magic of our therapies. There is also a vegan cafe located within the center where you can devour the most scrumptious cuisine.