20% Disc. Germany Health and Wellness Industry Outlook to 2017.

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Date Submitted: 09/04/2014 05:36 AM

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The report titled “Germany Health and Wellness Industry Outlook to 2017 - Health Clubs and Spas to Witness Strong Growth “ provides a comprehensive analysis of the market size of Germany health and wellness industry, market segmentation by cosmetics and toiletries, health clubs, spas, nutraceuticals and complementary and alternate medicines products by different categories on the basis of revenue. The report also entails the market share and company profiles of major international and domestic players in health clubs, cosmetics and toiletries market in Germany. The report also provides the major trends and developments of the health and wellness industry in Germany over the years. Future analysis of this market in the country is provided on the basis of revenue over the next five years along with the analysis of all the segments of the market.

Germany health and wellness market dipped in 2009 because of the credit crunch, unemployment and low personal disposable income which resulted in low discretionary spending by the customers, thus affecting the market negatively. Presently, the growth in this market is led by increasing awareness about the health, fitness and preventive healthcare largely influenced by the increasing ageing and obese population. Innovations in the health club and spa market have been witnessed in Germany over the last few years on account of the increasing competition and demand from the customers.

The health and wellness market in Germany was valued at USD ~ million in 2012 thus exhibiting a CAGR of 2.7% during the period 2007-2012. This market witnessed growth on account of increasing vulnerability towards obesity in the Germany population due to sedentary and stressful lifestyle which has encouraged more people to join health clubs in order to promote physical...