LVMH invested $5 million into an acupuncture clinic in Manhattan. The global wellness economy hit $6.8 trillion and is heading for $10 trillion by 2029. Wellness travellers spend 41% more per trip than normal tourists. Run clubs are sold out. Sauna spaces have waitlists. Community is reorganising itself around health. And the premium clients who are most invested in that shift are sitting in Australian skin clinics right now. In this episode, Emma unpacks what WTHN's rise tells us about where the market is going, what 3 commercial opportunities it creates for skin clinics specifically, and 5 concrete actions to take before next week.
Key data points:
• Global wellness economy: $6.8 trillion (2024), projected $9.8 trillion by 2029 | Global Wellness Institute Economy Monitor 2025
• Wellness is now larger than the IT industry ($5.3T), the green economy ($5.1T), and global tourism ($5T)
• Traditional and complementary medicine is projected to grow at 10.8% annually to 2029
• Wellness tourism grew 13.8% in 2023–2024
• Wellness travellers spend 41% more per trip than conventional travellers | Vaan Luxury Wellness Report
• LVMH invested $5M in WTHN, 2024
Links:
• WTHN: wthn.com
• Remedy Place: remedyplace.com
• Cheval Blanc St Barth: chevalblanc.com
• Global Wellness Institute 2025 Economy Monitor: globalwellnessinstitute.org