Curated Content from the Global Wellness Institute | October 7, 2020
GWI Releases Physical Activity Market Reports for Six Global Regions
Inequality Damages Collective Wellbeing and Kills People’s Motivation to Work
CB Insights’ “State of Wellness 2020” Report: The Investment & Sector Trends to Watch
Study: An “Awe Walk” Boosts Mental Wellbeing
Zoom Event Today: Paul Klein on Seven Principles for Creating a Positive Impact
Must-Reads from the Wellness World
The Global Wellness Institute just released reports on the physical activity and fitness economies for six world regions: Asia-Pacific, Europe, Latin America-Caribbean, Middle East-North Africa, North America and Sub-Saharan Africa. Each report is packed with data on consumer participation rates and market sizes for all six industry segments: 1) sports and active recreation; 2) fitness and gyms; 3) mindful movement; 4) equipment and supplies; 5) apparel and footwear; and 6) fitness technology.
Explore the growth projections for each region (all are predicted to see at least 5% annual growth through 2023), the top national markets for the six segments, and the biggest fitness trends emerging in each region.
Learn more and see a snapshot of each market here.
Culture is a defining element for containing the pandemic. It explains why East Asian nations (in which community acts as a collective agent for the common good) have done so much better than individualistic countries characterized by both a “to each his/her own” mentality and high levels of social inequality, such as in the US and UK.
New research shows why social inequality needs to be a much bigger wellness issue. It hurts human wellbeing across the board and also “kills” human motivation and productivity by reducing a willingness to work.
CB Insights, a major tech industry analyst, recently released a report on global wellness investment trends for the first half of 2020. It paints a picture of which tech-enabled wellness solutions are rising fastest in the wake of coronavirus, including business models focused on mental health/wellness, fitness, women’s health, sleep, beauty and personal care, and new wellness platforms for parents and kids.
A few key findings: Mental health/wellness startups have received the most funding in the last six months ($1 billion); solutions tackling the need for connection and community are on the rise; and there is a pronounced move beyond “one size fits all” wellness solutions, with more companies targeting specific demographics more explicitly to make the wellness space more inclusive.
A new study from the University of California, San Francisco found that people consciously aware of the vistas and objects around them on a walk—researchers call these “awe walks”—reported being more hopeful and upbeat than walkers who did not. Study participants were older men and women, and one group was instructed on how to cultivate awe (i.e., look at the world with fresh, childlike eyes) on its stroll. “Awe walking” is a central component of forest bathing, and it shows how being mindful during exercise can increase the mental health benefits.
As people around the world face unprecedented pressures, Paul Klein, an internationally recognized authority on the intersection of business and social change, believes companies need to do more to help their employees and communities—even if that means doing it with less.
Join this inspiring Global Wellness Summit Wellness Master Class today at 9:30-10:30 AM EDT (also available to view later) and learn Paul’s seven principals for creating positive social changes that can also build your company’s reputation and drive sales and engagement.
View GWS Master Classes anytime here.
Laughter may be effective medicine for these trying times —New York Times, October 2, 2020
“It’s a virtuous cycle”: Audiences and advertisers seek health and...—–Digiday, Sept. 23, 2020
Inside the airline industry's meltdown —Guardian, September 29, 2020
Why magic mushrooms are the next big booming (and legal) drug market —Observer, Oct. 2, 2020
Up, up and away from it all —New York Times Magazine, September 23, 2020
A Striking Stat:
Google reports a major jump in global searches related to anxiety, panic attacks, and treatments for panic attacks (especially self-care techniques) since the World Health Organization declared a global pandemic on March 11.
Source: Google Trends, 9/24/20