The non-profit Global Wellness Institute (GWI), the leading research
and educational resource for the $4.4 trillion global wellness industry,
today launched “Geography of Wellness” with the help of its first
country partner, Singapore.
The new GWI microsite takes a deep-dive into a country’s wellness
economy, painting a clear picture of where it is positioned in the
booming wellness market and giving countries a platform to showcase
their wellness assets.
GWI’s 2021 research report, “The Global Wellness Economy: Looking
Beyond Covid,” forecasts that the wellness economy is on track to expand
to $7 trillion by 2025.
Susie Ellis, GWI chair and CEO shares: “Wellness is on a huge upwards
trajectory and GWI’s rich country and regional data is a key tool for
helping investors, business leaders and government agencies crystalise
the significant wellness market opportunities ahead,” continues Ellis.
According to GWI’s research, Singapore’s wellness economy is ranked
#14 among Asia Pacific’s 45 countries, a region that was also one of the
fastest-growing wellness markets (+8.1%) between the 2017 to 2019
pre-pandemic years and shrank the least during 2020 (-6.4%).
“As more conference organisers strive to integrate both passive
wellness (clean air, nutritious food, access to nature, etc.) and active
wellness (exercise, exploration, culture, etc.) into their programmes,
GWI’s Geography of Wellness microsite provides meeting organisers with
an easy tool to quickly understand and analyse the unique wellness
assets that destinations around the globe can offer,” says Beth
McGroarty, GWI’s VP of research.
Adds McGroarty: “The holistic wellness that Singapore offers – a city
in nature where rest and rejuvenation are readily available – is an
ideal conference location for wellness-minded meetings planners thanks
to its world-class parks and gardens, numerous 4- and 5-star wellness
hotels and resorts, nature-based attractions and rich landscape of
traditional and innovative wellness activities, while being in the heart
of a city offering every modern convenience and luxury.
GWI’s Geography of Wellness also highlights Singapore’s standings in
the eleven wellness sectors that GWI tracks within the wellness economy.
In 2020, Singapore ranked among the top 30 countries in several
categories, including #19 for Wellness Real Estate, #29 for Public
Health, Prevention & Personalised Medicine, and #30 for Traditional
& Complementary, among the 218 countries worldwide where GWI
“The wellness economy data that GWI provides is important as it will
help us identify opportunities to grow Singapore’s appeal in the
wellness tourism space,” says Ong Ling Lee, Executive Director, Sports
& Wellness, Singapore Tourism Board.
In addition to featuring country-specific wellness economic data in
the Geography of Wellness section of the GWI website, which is
considered the leading online resource for unbiased global wellness
research, the partnership also includes a dedicated Singapore Wellness
Economy Report. This report is free to download and it takes a detailed
dive into Singapore’s position in all 11 wellness sectors.