Latest News- Wellness Real Estate Market: Commercial is expected to lead the End-user segment during 2025-2029

The Wellness Real Estate Market is being driven by Rising demand for wellness real estate from luxury residential sector

The Wellness Real Estate Market is expected to grow at a CAGR of 20.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 768.6 billion. In the real estate sector, there is a growing trend towards the construction of regenerative buildings, as opposed to traditional green buildings. This shift is driven by the escalating demand for eco-friendly structures and the heightened focus on reducing the emission of harmful gases into the environment. Developers and builders are now prioritizing the creation of innovative, regenerative residential communities, which incorporate designs that are not only green and biophilic but also sustainable and conducive to good health. The ultimate objective of regenerative buildings is to establish a self-sufficient ecosystem for residents, enabling them to generate their own fresh produce using renewable energy, while also ensuring access to clean air and recycled water. An exemplary project in this regard is Liuzhou Forest City in China, which boasts of over 40,000 trees and 1 million plants from more than 100 different species, providing a perfect blend of nature and modern living. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Commercial
  • Residential
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for wellness real estate from luxury residential sector
• Increased emphasis on green buildings
• Integration of advanced technology

However, the market also witnesses some limitations, which are as follows:

• High competition in wellness real estate market
• Unstable real estate market
• High operational cost of buildings

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Market Scope in Wellness Real Estate Market Research Report

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Research Analysis Overview

The wellness real estate market is experiencing significant growth, with a focus on residential properties that cater to the wellness movement. This includes communities designed for optimal health outcomes through consideration of the environment, personal investment in wellness, and features such as sanitation and building safety. The market appeals to various demographics, from affluent foreign tourists and senior corporates to urban youths in metros and non-metros. Scenic locations like hill stations, foothills, lush green valleys, and secluded sea beaches are popular. The culinary and design-driven movements, green building movement, urbanism, luxury sector, and outdoor yoga studios, medicinal gardens, meditation courtyards, eco-friendly homes, and healthcare cybersecurity are integral components of this market.

Market Research Overview

The wellness real estate market represents a significant segment within the global construction and engineering industry, focusing on residential properties designed to promote healthy lifestyles and environments. This sector's growth is driven by the wellness movement, which prioritizes personal investment in health outcomes through improved living conditions. Factors contributing to market expansion include the increasing prevalence of sedentary lifestyles, poor diet, and rising concerns over infectious diseases, chronic diseases, and respiratory conditions. Wellness communities offer a range of amenities, from sanitation and building safety to outdoor recreation, conveniences, entertainment, telecommunications, and more. Urban infrastructure development plays a crucial role in the market's growth, as increasing investment in transportation, communications, and utilities enhances the overall quality of life and attracts health-conscious consumers. Moreover, the construction and engineering market's expansion is fueled by the global trend towards prioritizing health and wellness. Companies in this sector are capitalizing on this trend by offering innovative solutions, such as air and water filtration systems, green spaces, and smart home technology, to cater to the evolving needs of consumers. In summary, the global construction and engineering market's growth is underpinned by the increasing demand for wellness-focused residential properties and urban infrastructure development.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/