PUBLISHER: The Business Research Company | PRODUCT CODE: 1582554
PUBLISHER: The Business Research Company | PRODUCT CODE: 1582554
Nature retreats are vacations or getaways designed to immerse individuals in natural environments, away from urban settings and daily stress. These retreats emphasize relaxation, rejuvenation, and a profound connection with nature. They often feature activities such as hiking, yoga, meditation, bird watching, and eco-friendly practices.
The primary types of accommodations at nature retreats include luxury resorts, eco-friendly lodges, camping sites, and other options. Luxury resorts are high-end accommodations that provide premium services and amenities, often located in scenic or exotic settings. The target groups vary and include solo travelers, friends or groups, couples, and families. The locations for these retreats can range from coastal areas and mountains to forested regions and beyond.
The nature retreats market research report is one of a series of new reports from The Business Research Company that provides nature retreats market statistics, including nature retreats industry global market size, regional shares, competitors with an nature retreats market share, detailed nature retreats market segments, market trends, and opportunities, and any further data you may need to thrive in the nature retreats industry. This nature retreats market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The nature retreats market size has grown strongly in recent years. It will grow from $29.74 billion in 2023 to $31.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth during the historic period can be attributed to factors such as urbanization, advancements in transportation, increased awareness of the health benefits of fresh air and outdoor activities, the creation of national parks, and the emergence of environmental movements.
The nature retreats market size is expected to see strong growth in the next few years. It will grow to $42.89 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth during the forecast period can be attributed to heightened public awareness of environmental issues, a desire to connect with nature, growing interest in wellness retreats, increased disposable income, and effective marketing campaigns. Key trends in this period include a rising demand for eco-tourism, the inclusion of adventure activities, the provision of personalized retreat experiences, the use of smart technology, and the trend of working from nature.
The growing popularity of outdoor activities is expected to drive the growth of the nature retreats market in the future. Outdoor activities involve recreational or physical pursuits conducted in natural or open-air environments. This rising interest is fueled by the health benefits associated with nature, the desire to escape urban life, and increased eco-consciousness. Nature retreats enhance outdoor experiences by offering immersive, peaceful settings that promote relaxation, connection with nature, and personal well-being. For example, in June 2023, HikeWest, an Australia-based non-profit organization, reported that 2.2 million Australian adults participated in bushwalking in 2023, a 15% increase from the 1.9 million in 2022. This increase raised the national participation rate to 10%. Consequently, the growing popularity of outdoor activities is fueling the expansion of the nature retreats market.
Major companies in the nature retreats market are focusing on creating innovative offerings, such as immune resilience programs, to gain a competitive advantage. An immune resilience program is a structured plan designed to enhance and support the immune system, improving the body's ability to resist and recover from infections and illnesses. For example, in September 2021, Chiva-Som, a Thailand-based destination spa resort, introduced an immune resilience program tailored to support new lifestyle needs. The program offers a comprehensive wellness experience, including mindful exercise, nutrient-rich cuisine, and detoxifying treatments. Guests can benefit from massages, lymphatic drainage therapies, outdoor fitness classes, and holistic practices such as yoga and meditation. A nutritional consultant provides customized meal plans, which may include intermittent fasting or wellness cuisine. Available for either five or seven nights, the program aims to foster lasting resilience and well-being.
In November 2021, Tattarang Pty Ltd, a private investment company based in Australia, acquired Gaia Retreat and Spa for an undisclosed amount. The acquisition is intended to strengthen its position in the wellness and hospitality markets by utilizing Gaia's established reputation and facilities to foster growth and innovation in the sector. Gaia Retreat and Spa is a nature wellness retreat located in Australia.
Major companies operating in the nature retreats market are AndBeyond, Aman Resorts, Banyan Tree Hotels & Resorts, Alila Hotels and Resorts, Carmel Valley Ranch, Uga Escapes Management (Pvt) Ltd, Niraamaya Retreats, Clayoquot Wilderness Resort, Fogo Island Inn, COMO Hotels and Resorts, Fragrant Nature Hotels and Resorts Pvt, Samahita Retreat, Somatheeram Ayurveda Resort, Fazlani Nature's Nest, Kamalaya, Lon Retreat and Spa, Marramarra Lodge, rd's nature retreat, Silver Palm Spa and Resort, SOUKYA Foundation, The Global Retreat Company, The Nature Phuket
North America was the largest region in the nature retreats market in 2023. The regions covered in the nature retreats market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the nature retreats market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The nature retreats market includes revenues earned by entities by providing services such as wellness programs, outdoor adventures, educational workshops, special events, and eco-tourism packages. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Nature Retreats Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on nature retreats market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for nature retreats ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The nature retreats market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.