Future of wellness industry in India
Future of wellness industry, in India,
To be most admired scientifically driven global player in next generation pharmaceutical & wellness industry in 10year.
Sports, fitness and wellness (SFW) market in India will grow from $35 billion in 2016 to $90 billion by 2022, creating 2.5 times more opportunity for peripheral products and services such as gear and apparel, according to a report by Praxis and YourNest Venture Capital
The biggest challenge for this sector is skilled manpower.
The beauty and wellness services
sector in India is largely unorganized and fragmented, with inadequate attention paid to quality
and processes.
KPMG’s Human Resource and Skill Requirement report for the National Skill Development Corporation (NSDC) states that the workforce requirement in this sector was
likely to triple to 14.27 million by 2022.
Beauty and
wellness is a USD 3.7 trillion global industry - a number that speaks volumes about people's
eternal quest to look attractive and youthful.
Back home, the beauty and wellness industry in
India is growing at a CAGR of 18.6% and is expected to cross INR 70,000 crores by 2017.
Also,
given that the Indian beauty industry is growing at an unprecedented rate, the opportunities for
career growth in this domain for both salaried employees and self-owned businesses are
By 2022, the Beauty and Salon services segment alone will require a workforce of 121
lakhs.
The Government has been very supportive in helping the beauty and wellness sector become
more organized and raise the pool of skilled and certified professionals.
Apart from the NSDC
funding for the establishment of the industry-led Beauty & Wellness Sector Skill Council
(B&WSSC), the Government has been actively engaging with the industry leaders to work out
ways through which the sector could play an active role towards India emerging as the ‘Skills
Capital’ of the world by 2022.
The seriousness that the Government accords to this domain is
also evident from the fact that the Beauty & Wellness Sector Skill Council has a presence in the
Steering Committee of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY).
Future of wellness industry in India
 |
| Future of wellness industry |
In the next 10years there will be 10million new millionaires from the wellness industry
- Estimated $500 billion dollar industry.
- Trillion dollar industry estimated by the year 2010.
- 14million new millionaires created by wellness industry.
- Baby Boomers generation is turning 50 at a rate of 10,000 a day, they drive the American economy.
- In the next 10 years there will be 10millon new millionaires from the Wellness Industry.
- Experts say that this will be a trillion's dollar industry by 2020.
- The Health&wellness industry is forecast to be the next Trillion industry.
- Millions of people all around the world now realise the benefits of using natural healthy products.
- Profitable opportunity to helping people stay well and live longer!
- 75% of the populational takes natural supplements,because traditional medications may cause side effects.
-: Personal Care, Beauty and Anti-Aging ($1,083 billion)
-: Healthy Eating, Nutrition and Weight Loss ($702 billion)
-: Wellness Tourism ($639 billion)
-: Fitness and Mind-Body ($595 billion)
-: Preventative and Personalized Medicine and Public Health ($575 billion)
-:Traditional and Complementary Medicine ($360 billion)
-: Wellness Lifestyle Real Estate ($134 billion)
-: Spa Economy ($119 billion)
-: Thermal/Mineral Springs ($56 billion)
-: Workplace Wellness ($48 billion)
conclusion:
If you want to make your carrier in this
If you want to make your carrier in this
sector and take more information about this sector then contacct us because Wellness Sector is very booming.
NOTE - If you want to be healthy and wealthy lifestyle, that's why you will have to become a part of wellness industry.
It's all about being at the right
place at the right time, Every industry had it's boom.
By now wellness industry has turned into a trillion dollar industry and if you are reading this page.
You have already given yourself the opportunity to be part of this ever growing industry and allowing yourself to ride the wellness boom ride!
If it doesn’t make you smile, change it. Be your own boss and go global with your business if you desire, without having to invest mountains of money like it is with the traditional way of entrepreneurship. Trust Forever, worldwide leader in his sector, 41 years of experience, based in 168 countries. Start a rock-solid business with very little investment. No risk. No stress. No pressure. Financial FREEDOM is in your hands, grab it 👇
Life is better when it’s with style, this is where the word lifestyle comes from; and if you really want to create the very best of the lifestyle, none of the business industries is better then multilevel marketing. If you want to leave a legacy, then think ABT this! Free Registration
It's all about being at the right
place at the right time, Every industry had it's boom.
By now wellness industry has turned into a trillion dollar industry and if you are reading this page.
You have already given yourself the opportunity to be part of this ever growing industry and allowing yourself to ride the wellness boom ride!
If it doesn’t make you smile, change it. Be your own boss and go global with your business if you desire, without having to invest mountains of money like it is with the traditional way of entrepreneurship. Trust Forever, worldwide leader in his sector, 41 years of experience, based in 168 countries. Start a rock-solid business with very little investment. No risk. No stress. No pressure. Financial FREEDOM is in your hands, grab it 👇
Life is better when it’s with style, this is where the word lifestyle comes from; and if you really want to create the very best of the lifestyle, none of the business industries is better then multilevel marketing. If you want to leave a legacy, then think ABT this! Free Registration
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