Health And Wellness Market with COVID-19 Impact and Analysis | Technavio

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Bayer AG, Brunswick Corp., Core Health & Fitness LLC, Danone SA, EVOLVE Brands LLC, General Mills Inc., Johnson Health Tech Co. Ltd., Nestlé SA, PepsiCo Inc., and The Procter & Gamble Co. are among some of the major market participants.

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Increasing emphasis on health and wellness has been instrumental in driving the growth of the market. However, lack of cost transparency and value-based payments might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

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Health and Wellness Market 2020-2024: Segmentation

Health and Wellness Market is segmented as below:

• Product
• Beauty and Personal Care Products
• Health and Wellness Food
• Wellness Tourism
• Fitness Equipment
• Preventive and Personalized Health
• Geography
• North America
• APAC
• Europe
• South America
• MEA

Based on geographic segmentation, about 32% of the market's originated from APAC during the forecast period. In addition, the beauty and personal care products segment was crucial in generating revenue in the market.

Health and Wellness Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The health and wellness market report covers the following areas:

• Health and Wellness Market Size
• Health and Wellness Market Trends
• Health and Wellness Market Industry Analysis

This study identifies the growing influence of thermal and mineral springs and spas as one of the prime reasons driving the health and wellness market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Health and Wellness Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist health and wellness market growth during the next five years
• Estimation of the health and wellness market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the health and wellness market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the health and wellness market vendors

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Global Massage Equipment Market - Global massage equipment market is segmented by product (massage chairs and sofas, back massagers, handheld massagers, neck and shoulder massagers, and others), end-user (commercial and residential), type (electric massage equipment and non-electric massage equipment), and geography (North America, Europe, APAC, South America, and MEA).
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Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Beauty and personal care products - Market size and forecast 2019-2024
• Health and wellness food - Market size and forecast 2019-2024
• Wellness tourism - Market size and forecast 2019-2024
• Fitness equipment - Market size and forecast 2019-2024
• Preventive and personalized health - Market size and forecast 2019-2024
• Market opportunity by Product

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Bayer AG
• Brunswick Corp.
• Core Health & Fitness LLC
• Danone SA
• EVOLVE Brands LLC
• General Mills, Inc.
• Johnson Health Tech Co. Ltd.
• Nestlé SA
• PepsiCo Inc.
• The Procter & Gamble Co.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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