Global Wellness Summit 2018 Day 1: Industry Growth
After a wonderful introductory video, specially created for the summit by Louie Schwartzberg, Global Wellness Institute chair Susie Ellis welcomed the delegation, and turned over emcee duties to GWI board members Tony de Leede and Mia Kyricos. Technogym founder and CEO Nerio Alessandri shared his vision of wellness, which has inspired him to continue to create some of the most beautiful and innovative fitness equipment available, and has also been the driving force behind the opening of the new Technogym HQ in 2012.
One of the most highly anticipated presentations of the Summit was certainly the updated 2018 Global Wellness Economy Monitor. The last time we received a report on the industry that is this comprehensive was in 2015, and GWI researchers Ophelia Yeung and Katherine Johnston did not disappoint; the new report shows that the global wellness industry continues to grow, and is currently valued at $4.2 trillion, up from $3.7 trillion in 2015. The 10 industry sectors included showed aggregated growth 6.4 percent, but the high performer of the 10, happily, was the Spa Economy sector, at 9.8 percent.
The delegation was subsequently subdued by a presentation by the World Health Organization’s Dr. Ranieri Guerra, who shared global maps of various populations’ BMIs, showing that we still have much work to do. His advice was, “There is no sense investing in individual wellness until we can address the health of the planet.”
–by Lisa Starr