Wellness real estate market size to grow by USD 575.9 billion; Market to observe significant growth in the commercial end-user segment- Technavio

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- According to Technavio, the global wellness real estate market size is estimated to grow by USD 575.9 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 21.77% during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 136.23 billion. North America will account for 37% of the market growth during the forecast period. For more Insights on market size Request a sample report

Wellness real estate market - Five Forces
The global wellness real estate market is fragmented, and the five forces analysis covers– 

• Bargaining Power of Buyers 
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
• Threat of Substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Wellness real estate market – Customer Landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Wellness real estate market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on end-user (commercial and residential) and geography (North America, APAC, Europe, Middle East and Africa, and South America). 

• The market will observe significant growth in the commercial end-user segment during the forecast period. The segment comprises commercial real estate, offices and workplaces, public buildings, hospitality developments, and medical facilities. The growth of the segment is driven by the increasing number of wellness commercial pipeline projects in both developed and developing regions and the development of wellness communities.

Geography Overview
By geography, the global wellness real estate market is segmented into North America, APAC, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global wellness real estate market.

• North America will account for 37% of the market growth during the forecast period. The growth of the regional market can be attributed to factors such as the rising demand for luxury wellness real estate and an increasing number of wellness real estate commercial and residential projects.

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Wellness real estate market – Market Dynamics

Key factor driving market growth

• The market is driven by the rising demand for wellness real estate from the luxury residential sector.
• Homebuyers are demanding eco-sensitive abodes that are built with natural products and interior design elements that help promote mental health.
• The market also witnessing an increase in the demand for buildings with WELL Building Standards in both commercial and residential luxurious housing sectors.
• To cater to such evolving consumer demands, developers are increasingly introducing open-air yoga studios and medicinal gardens with calming herbs and meditation courtyards in their residential projects.
• All these developments are leading to significant growth in the global wellness real estate market.

Leading trends influencing the market 

• Increasing demand for regenerative living is identified as the key trend in the market.
• The rising demand for environment-friendly buildings and concerns over the release of harmful gases are leading to a shift in the focus from green buildings to regenerative buildings.
• Builders and real estate developers are emphasizing creating innovative, regenerative residential communities that offer green, biophilic, sustainable, and healthy designs.
• Regenerative buildings enable residents to produce their own healthy food using renewable energy along with clean air and recycled water.
• The increasing popularity of this trend among builders and real estate developers will have a positive impact on the growth of the market in focus during the forecast period.

Major challenges hindering market growth

• The high competition in the wellness real estate market is a major challenge impeding the market growth.
• The market is highly fragmented with the presence of many regional as well as international players.
• The presence of a large number of players has made the market highly competitive.
• Several regional players are entering into collaborations and partnerships, which is further increasing the competition in the market.
• In addition, the competition from many unorganized local players that offer various building monitoring and control devices and supplies is reducing the growth potential in the market.

Driver, trend, and challenges are the factor of market dynamics that state about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this wellness real estate market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the wellness real estate market between 2023 and 2027
• Precise estimation of the size of the wellness real estate market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the wellness real estate market industry across North America, APAC, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of wellness real estate market vendors

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Related Reports:

• The Europe commercial real estate market is estimated to grow at a CAGR of 5.55% between 2022 and 2027. The size of the market is forecast to increase by USD 80.59 billion. The growing aggregate private investment is notably driving the market growth, although factors such as increasing interest rates may impede the market growth.
• The residential real estate market in Myanmar is estimated to grow at a CAGR of 3.97% between 2022 and 2027. The size of the market is forecast to increase by USD 181.3 million. The growing residential sector in Myanmar is notably driving the market growth, although factors such as regulatory uncertainty may impede the market growth.

Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 13: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global wellness real estate market 2017 - 2021
• Exhibit 17: Historic Market Size – Data Table on Global wellness real estate market 2017 - 2021 ($ billion)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 18: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

• 4.3 Geography Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.4 Country Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 21: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 22: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 23: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 24: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 25: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 26: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 27: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 28: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 29: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 30: Chart on Comparison by End-user
• Exhibit 31: Data Table on Comparison by End-user

• 6.3 Commercial - Market size and forecast 2022-2027
• Exhibit 32: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 33: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 34: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 35: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 6.4 Residential - Market size and forecast 2022-2027
• Exhibit 36: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 37: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 38: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 39: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 40: Market opportunity by End-user ($ billion)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2022-2027 (%)
• Exhibit 43: Data Table on Market share by geography 2022-2027 (%)

• 8.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2022-2027
• Exhibit 46: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 8.4 APAC - Market size and forecast 2022-2027
• Exhibit 50: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 51: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 8.5 Europe - Market size and forecast 2022-2027
• Exhibit 54: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 55: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 8.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 8.7 South America - Market size and forecast 2022-2027
• Exhibit 62: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 63: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 8.8 US - Market size and forecast 2022-2027
• Exhibit 66: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 68: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2022-2027 (%)

• 8.9 China - Market size and forecast 2022-2027
• Exhibit 70: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 72: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2022-2027 (%)

• 8.10 Germany - Market size and forecast 2022-2027
• Exhibit 74: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 8.11 Australia - Market size and forecast 2022-2027
• Exhibit 78: Chart on Australia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Data Table on Australia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Chart on Australia - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Australia - Year-over-year growth 2022-2027 (%)

• 8.12 UK - Market size and forecast 2022-2027
• Exhibit 82: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 8.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 90: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 91: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 11.3 Berkeley Group 
• Exhibit 93: Berkeley Group - Overview
• Exhibit 94: Berkeley Group - Product / Service
• Exhibit 95: Berkeley Group - Key offerings

• 11.4 CBRE Group Inc. 
• Exhibit 96: CBRE Group Inc. - Overview
• Exhibit 97: CBRE Group Inc. - Business segments
• Exhibit 98: CBRE Group Inc. - Key offerings
• Exhibit 99: CBRE Group Inc. - Segment focus

• 11.5 Delos Living LLC 
• Exhibit 100: Delos Living LLC - Overview
• Exhibit 101: Delos Living LLC - Product / Service
• Exhibit 102: Delos Living LLC - Key offerings

• 11.6 DPZ CoDesign LLC 
• Exhibit 103: DPZ CoDesign LLC - Overview
• Exhibit 104: DPZ CoDesign LLC - Product / Service
• Exhibit 105: DPZ CoDesign LLC - Key offerings

• 11.7 EFFEKT Arkitekter ApS 
• Exhibit 106: EFFEKT Arkitekter ApS - Overview
• Exhibit 107: EFFEKT Arkitekter ApS - Product / Service
• Exhibit 108: EFFEKT Arkitekter ApS - Key offerings

• 11.8 Gamuda Berhad 
• Exhibit 109: Gamuda Berhad - Overview
• Exhibit 110: Gamuda Berhad - Business segments
• Exhibit 111: Gamuda Berhad - Key offerings
• Exhibit 112: Gamuda Berhad - Segment focus

• 11.9 GOCO HOSPITALITY 
• Exhibit 113: GOCO HOSPITALITY - Overview
• Exhibit 114: GOCO HOSPITALITY - Product / Service
• Exhibit 115: GOCO HOSPITALITY - Key offerings

• 11.10 Heta Architects 
• Exhibit 116: Heta Architects - Overview
• Exhibit 117: Heta Architects - Product / Service
• Exhibit 118: Heta Architects - Key offerings

• 11.11 Humaniti Montreal Inc. 
• Exhibit 119: Humaniti Montreal Inc. - Overview
• Exhibit 120: Humaniti Montreal Inc. - Product / Service
• Exhibit 121: Humaniti Montreal Inc. - Key offerings

• 11.12 Jones Lang LaSalle Inc. 
• Exhibit 122: Jones Lang LaSalle Inc. - Overview
• Exhibit 123: Jones Lang LaSalle Inc. - Business segments
• Exhibit 124: Jones Lang LaSalle Inc. - Key news
• Exhibit 125: Jones Lang LaSalle Inc. - Key offerings
• Exhibit 126: Jones Lang LaSalle Inc. - Segment focus

• 11.13 Sansiri Public Co. Ltd. 
• Exhibit 127: Sansiri Public Co. Ltd. - Overview
• Exhibit 128: Sansiri Public Co. Ltd. - Business segments
• Exhibit 129: Sansiri Public Co. Ltd. - Key offerings
• Exhibit 130: Sansiri Public Co. Ltd. - Segment focus

• 11.14 Signify NV 
• Exhibit 131: Signify NV - Overview
• Exhibit 132: Signify NV - Business segments
• Exhibit 133: Signify NV - Key news
• Exhibit 134: Signify NV - Key offerings
• Exhibit 135: Signify NV - Segment focus

• 11.15 Tata Sons Pvt. Ltd. 
• Exhibit 136: Tata Sons Pvt. Ltd. - Overview
• Exhibit 137: Tata Sons Pvt. Ltd. - Business segments
• Exhibit 138: Tata Sons Pvt. Ltd. - Key offerings
• Exhibit 139: Tata Sons Pvt. Ltd. - Segment focus

• 11.16 Tokyu Fudosan Holdings Corp. 
• Exhibit 140: Tokyu Fudosan Holdings Corp. - Overview
• Exhibit 141: Tokyu Fudosan Holdings Corp. - Business segments
• Exhibit 142: Tokyu Fudosan Holdings Corp. - Key offerings
• Exhibit 143: Tokyu Fudosan Holdings Corp. - Segment focus

• 11.17 Vox Media LLC 
• Exhibit 144: Vox Media LLC - Overview
• Exhibit 145: Vox Media LLC - Product / Service
• Exhibit 146: Vox Media LLC - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 147: Inclusions checklist
• Exhibit 148: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 149: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 150: Research methodology
• Exhibit 151: Validation techniques employed for market sizing
• Exhibit 152: Information sources

• 12.5 List of abbreviations 
• Exhibit 153: List of abbreviations

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