Market Size of India Wellness Tourism Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 19.43 Billion |
| Market Size (2029) | USD 26.55 Billion |
| CAGR (2024 - 2029) | 6.45 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Wellness Tourism in India Market Analysis
The India Wellness Tourism Market size is estimated at USD 19.43 billion in 2024, and is expected to reach USD 26.55 billion by 2029, growing at a CAGR of 6.45% during the forecast period (2024-2029).
COVID-19 had a severe impact on the Wellness Tourism Market in India. The tourist inflow decreased drastically due to the pandemic-related restriction. The wellness tourism expenditure decreased by more than 40% for the period. India slipped to the 12th position in the world's top 20 most preferred wellness destinations.
India is the most popular tourist destination in South Asia, rapidly expanding. Experts have predicted a 110% growth in medical tourism in India. Medical tourism is expected to grow to over USD 13 Billion in 2023. Before the pandemic, India was the fastest-growing market for wellness tourism. Traditional Ayurvedic resorts, destination spas, and wellness retreats are among the expanding number of hotels/resorts in India that offer a complete package of treatments, experiences, and travel. Various places like Kerala and Uttarakhand are being developed as unique places for wellness tourism. Kerala is considered an authentic and place-based wellness tourism center for Ayurveda. Similarly, Uttarakhand is renowned for its Yoga Study Center in Rishikesh, featured in Tripadvisor's Top 10 wellness destinations. However, India's growing wellness tourism market also has challenges, such as a shortage of skilled staff for spas and other wellness services and a lack of staff training to meet international standards.
