The report titled “India Wellness
Industry Outlook 2016 – Robust Growth in Alternative Therapy and Nutraceuticals
Market” provides a comprehensive analysis of the various aspects such as market
size segmentation of fitness and slimming products and services market, Health
Spa, alternate therapy and salon market, cosmetics products market and
nutraceuticals market in India. The report also covers the revenue generated by
the wellness industry as well the market prospects and future
opportunities.
To check out the Complete table of
contents, visit: http://www.marketresearchreports.biz/analysis-details/india-wellness-industry-outlook-2016-robust-growth-in-alternative-therapy-and-nutraceuticals-market
The wellness industry in India in
2011 grew by 16.9% generally driven by the urban population majorly within the
age group of 25-49 years, especially the working professionals. The market in
India is much prominent in the tier-1 cities such as Mumbai, Delhi NCR,
Bengaluru, Hyderabad, Kolkata and several others. Major fitness and slimming
chains and beauty salons and spa centers have been observed to expand to tier-2
cities such as Pune, Dehradun, Nasik and Baroda. The wellness industry in the
India in the near future showcases good prospects and is anticipating the
inflow of several foreign wellness chains in the form of franchisees with the
long term partnerships or alliances with wellness marketing institutions
present in India
The fitness and slimming market in
India has witnessed a remarkable transformation over the years probably due to
the change in the lifestyle of the urban middle class population of the
society. The fitness and slimming services market during the period 2006-2011
has grown at a CAGR of 19.7%. The fitness and slimming products market
contributed around ~% of the fitness and slimming market in India in the year
2011. The market is expected to witness the inflow of several foreign health
club chains in the near future possibly in the urban areas such as Mumbai,
Pune, Delhi NCR, Kolkata, Bangalore, Hyderabad and several other potential
markets across India which are flooded with affluent working population who
lead a stressful work life. In 2011, VLCC operated 160 slimming, beauty &
fitness centers in India of which 40 are franchise centers.
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