PUBLISHER: KBV Research | PRODUCT CODE: 1635272
PUBLISHER: KBV Research | PRODUCT CODE: 1635272
The Europe Workplace Stress Management Market would witness market growth of 7.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Workplace Stress Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,254.8 million by 2031. The UK market is exhibiting a CAGR of 7.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8.7% during (2024 - 2031).
Stress at work is linked to physical illnesses like diabetes and hypertension, in addition to mental health issues like anxiety and depression. Research has consistently highlighted the two-way connection between stress and these conditions, emphasizing the need for organizations to address these risks proactively. One efficient strategy to reduce stress-related health problems is to support workers in maintaining a good work-life balance.
Another significant contributor to workplace stress is the occurrence of sexual harassment and bullying, which can affect any organization. These issues can impact both men and women, but women and individuals in lower hierarchical positions are often at greater risk. Organizations must recognize these challenges and prioritize creating a safe and secure work environment for every employee.
The UK Government's Health and Safety Executive reported that tension, depression, anxiety, and musculoskeletal disorders were the primary causes of work-related ill health in 2023/24, resulting in 16.4 million and 7.8 million lost working days, respectively. On average, employees affected by these conditions took 15.5 days off work, with stress, depression, or anxiety leading to the highest average of 21.1 days. These statistics highlight the significant impact of workplace-related stress and associated health issues on productivity, underscoring the critical need for comprehensive stress management solutions to mitigate these challenges and reduce absenteeism. Thus, Europe's commitment to employee well-being, innovative practices, and technological advancements ensure the region remains a key player in the workplace stress management market.
Based on Activity Type, the market is segmented into Indoor and Outdoor. Based on Delivery Mode, the market is segmented into Personal Fitness Trainers, Meditation Specialists, Individual Counselors, and Other Delivery Mode. Based on End User, the market is segmented into Large Scale Organizations, Medium Scale Organizations, and Small Scale Organizations. Based on Service, the market is segmented into Stress Assessment, Yoga & Meditation, Resilience Training, Progress Tracking Metrics, and Other Service. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Workplace Stress Management Market Report Segmentation
By Activity Type
By Delivery Mode
By End User
By Service
By Country