Market Trends of India Wellness Tourism Industry
This section covers the major market trends shaping the India Wellness Tourism Market according to our research experts:
The Tourism Expenditure in India is Growing
Indian Government is increasing its spending on the tourism sector with all types of new regulations and subsidies to help attract more tourists. As a result of this, domestic visitor spending across India is increasing. The domestic visitor spending across India in 2021 amounted to about 151 billion U.S. dollars. This was a significant increase compared to the 2020 year. The international expenditure in India for 2020 was more than USD 6 Billion. The increased expenditure in the sector is expected to boost wellness tourism in India.
Wellness Tourism Due To Domestic Tourist is Helping the Sector Grow
Wellness Tourism is expanding as a segment in India, and this growth is reflected in India's domestic and international tourism India'sreceipts. Wellness tourism has been one of the drivers of the growth of India's tourism sector, as many of India's products include meditation, yoga, and Ayurveda retreats. In India's wellness sector, traditional medicine contributes the largest share, followed by the personal care & beauty, nutrition, and wellness tourism sector.