GWI just unveiled Build Well to Live Well: The Future, a complete, 160-page update of its pioneering 2018 report on the wellness real estate market. Packed with new global, regional and national data, it finds that wellness real estate is by far the fastest growing market in the 11-sector wellness industry––doubling from $225 billion in 2019 to $548 billion in 2024 (19.5% annual growth). And it is forecast to grow 15.2% annually over the next five years, to reach $1.1 trillion by 2029.
But the report is far more than new numbers. It’s a deep dive into why we need more wellness real estate and how to develop it. It details hundreds of global project examples and gathers the vast body of evidence on how built environments impact human health, providing the first compilation of wellness impact studies conducted by residential projects. The report explores the five big recent market shifts, including how wellness real estate is (thankfully) moving far beyond luxury residences with “hot” amenities into commercial, workplace, public housing, senior living, healthcare, student housing and industrial spaces. It identifies the 12 biggest unmet needs and future opportunities, from the desperate need for climate-adaptive building to how creative wellness co-living models will boom in our increasingly “single” world.
The researchers note: “Wellness real estate is the most important sector in the global wellness economy, because it affects the enabling environment, the access, and equity of how we can all live with health and wellbeing.”
Key findings/the press release is HERE
Download the free report HERE
Graphs are HERE
