{"id":14769,"date":"2019-07-30T19:08:50","date_gmt":"2019-07-30T23:08:50","guid":{"rendered":"https:\/\/globalwellnessinstitute.org\/?page_id=14769"},"modified":"2024-12-10T16:26:24","modified_gmt":"2024-12-10T21:26:24","slug":"gwi-launches-white-paper-series-understanding-wellness","status":"publish","type":"page","link":"https:\/\/globalwellnessinstitute.org\/press-room\/press-releases\/gwi-launches-white-paper-series-understanding-wellness\/","title":{"rendered":"GWI Press Release: “Understanding Wellness” White Paper Series"},"content":{"rendered":"

Media Contact: Beth McGroarty
\nbeth.mcgroarty@globalwellnessinstitute.org\u00a0\u2022 +1.213.300.0107<\/p>\n

Global Wellness Institute Launches White Paper Series: \u201cUnderstanding Wellness\u201d<\/strong><\/h2>\n

New resource will bring clear, expert insights on how wellness is evolving now and into the future; first report analyzes the four global forces driving the explosive growth in the wellness economy<\/em><\/p>\n

\"\"<\/p>\n

Miami, FL \u2013 July 31, 2019\u00a0<\/strong>\u2013 The Global Wellness Institute\u2122 (GWI), a nonprofit research and educational resource for the world wellness industry, today\u00a0launched a new white paper series: \u201cUnderstanding Wellness.\u201d The new research papers are designed to become the go-to primer for policymakers, businesspeople, researchers and students to understand\u2014in clear and simple terms and backed by rich data\u2014the major force that wellness has become around the world and how it will evolve in the future.<\/p>\n

This first paper, The Global Forces Driving the Growth of the Wellness Economy<\/em>, examines the four macro forces that are propelling consumer demand and the ongoing, surging growth of the wellness economy around the world. Future topics will include important definitions and terminologies, a thorough history of wellness, and the wellness movement\u2019s social and economic implications.<\/p>\n

READ THE WHITE PAPER HERE<\/a><\/strong><\/p>\n

\u201cWellness is a concept that is both ancient and contemporary. Because of that, most people have an intuitive understanding of what it means, how to apply it to daily life, or how to create business opportunities out of it,\u201d noted Ophelia Yeung, GWI senior researcher and coauthor of the series. \u201cThe wellness economy is now a $4.2 trillion global industry.\u00a0Yet, the questions that we most often encounter are: \u2018What is wellness?\u2019 \u2018Why is it growing?\u2019 and \u2018What does it really mean?\u2019 In the \u2018Understanding Wellness\u2019 series, we want to answer these questions because a common language for and basic understanding of wellness can help bridge the divide with other industries and disciplines and broaden its applications and impacts.\u201d<\/p>\n

The white paper released today examines the four global forces that are driving the seemingly unstoppable growth of wellness. In recent decades, vast economic, technological, social, demographic, and environmental changes have transformed every aspect of our lives\u2014our homes and communities, food, work, shopping, education, friendship, leisure, travel, etc.\u2014with both positive and negative impacts on our wellbeing. The growth of wellness practices and businesses is fundamentally a consumer response to these developments, and this movement is turning into a major societal and economic force.<\/p>\n

The Four Forces Driving the Wellness Boom<\/strong>:<\/p>\n

1) The world\u2019s population is growing sicker, lonelier and older.<\/strong><\/p>\n

Deteriorating health, the spread of loneliness and mental illness, and the ramifications of aging all negatively impact people\u2019s happiness and wellbeing. In response, consumers around the world are proactively turning to wellness approaches as alternatives to address these challenges.<\/p>\n

2) The environmental crisis is also a health crisis.<\/strong><\/p>\n

Environmental degradation and its causes are bringing immediate, direct, severe and widespread harm to human health and wellbeing\u2014from the air we breathe to how we procure and consume food to how we live and travel. As people become aware of these risks, they\u2019re seeking out alternative lifestyles that are simultaneously healthier for themselves and more sustainable for the planet.<\/p>\n

3) Health systems are failing to keep up while the economic burden rises.<\/strong><\/p>\n

Health systems are failing in countries all around the world, and the economic burden is unsustainable. Therefore, it\u2019s not surprising that consumers, employers and even governments are turning to wellness approaches to complement and address deficiencies in healthcare and to turn from \u201csick care\u201d to prevention.<\/p>\n

4) Demographics, value systems and lifestyles are all evolving toward wellness.<\/strong><\/p>\n

Consumer values are changing fast, moving toward a lifestyle of wellness that is fundamentally shifting consumer behaviors and consumption patterns. This shift is bolstered by the rise of the middle class, urbanization, the accessibility of so many new options, and a burgeoning concern about the impact of ubiquitous technology.<\/p>\n

\u201cOver the last 11 years, our work has focused on defining and measuring the industries that comprise the wellness economy\u2014and GWI has become the leading resource for wellness industry data,\u201d said Katherine Johnston, GWI senior researcher and coauthor of the series. \u201cThrough that work, we have built up a vast conceptual knowledge of wellness, its drivers, and its implications.\u00a0We\u2019re excited to present foundational information about wellness through this new white paper series.\u201d<\/p>\n

For more information,<\/strong>\u00a0contact Beth McGroarty:\u00a0beth.mcgroarty@globalwellnessinstitute.org<\/a>.<\/p>\n

About the Global Wellness Institute<\/strong>: The\u00a0Global Wellness Institute<\/a>\u00a0(GWI), a nonprofit 501(c)(3), is considered the leading global research and educational resource for the global wellness industry\u00a0and is known for introducing major industry initiatives and regional events that bring together leaders to chart the future. GWI positively impacts global health and wellness by advocating for both public institutions and businesses that are working to help prevent disease, reduce stress, and enhance the overall quality of life. Its mission is to empower wellness worldwide.<\/p>\n ","protected":false},"excerpt":{"rendered":"

Media Contact: Beth McGroarty beth.mcgroarty@globalwellnessinstitute.org\u00a0\u2022 +1.213.300.0107 Global Wellness Institute Launches White Paper Series: \u201cUnderstanding Wellness\u201d New resource will bring clear, expert insights on how wellness is evolving now and into the future; first report analyzes the four global forces driving the explosive growth in the wellness economy Miami, FL \u2013 July 31, 2019\u00a0\u2013 The Global Wellness Institute\u2122 (GWI), a nonprofit research and educational resource for… 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