Physical activity market in the UK worth £38.3 billion finds Global Wellness Institute
by Kath Hudson | 24 Sep 2024
Physical activity in the UK grew by 18 per cent between 2020 and 2022 / Shutterstock/Rawpixel.com
A new research report from the Global Wellness Institute, called The Global Wellness Economy: United Kingdom shows the industry has bounced back from the pandemic, with physical activity the leader of 11 defined wellness sectors.
Globally the wellness industry was worth US$5.6 trillion (£4.2 trillion; €3.8 trillion) in 2022 compared with US$4.9 trillion (£3.7 trillion; €4.4 trillion) in 2019. The GWI will publish new numbers at the Global Wellness Summit in November in Scotland.
At US$223.8 billion (£169.3 billion; €201 billion,) the UK has the second largest wellness economy in Europe and the fifth largest in the world, says the institute.
Physical activity in the UK was worth US$50.4 billion (£38.3 billion; €45.3 billion) in 2022, an uptick of 18 per cent from 2020. Pre-pandemic it stood at US$43.43 billion (£32.8 billion; €39 billion).
Of this, sport and active recreation was worth US$16.55 billion (£12.5 billion; €14.9 billion) fitness US$8.01 billion (£6.1 billion; €7.2 billion) and mindful movement US$1.04 billion (£0.8 billion; €0.9 billion)
Enabling sectors – which include apparel and footwear, equipment and technology – were worth US$25.14 billion (£19 billion, €22.6 billion).
The 11 segments measured are public health, prevention and personal medicine; personal care and beauty; healthy eating, nutrition and weight loss; wellness real estate; traditional and complementary medicine; mental wellness; spas; wellness tourism; workplace wellness and thermal/mineral springs.
The Global Wellness Institute is a US-based non-profit organisation which conducts global research for the wellness industry, introduces industry initiatives and organises events, such as the Global Wellness Summit, bringing leaders and visionaries together.
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The Global Wellness Economy United Kingdom Global Wellness Institute
A new research report from the Global Wellness Institute, called The Global Wellness Economy: United Kingdom shows the industry has bounced back from the pandemic, with physical activity the leader of 11 defined wellness sectors. Globally the wellness industry was worth US$5.6 trillion (£4.2 trillion; €3.8 trillion) in 2022 compared with US$4.9 trillion (£3.7 trillion; €4.4 trillion) in 2019. The GWI will publish new numbers at the Global Wellness Summit
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