The global workplace stress management market size is expected to reach USD 15.06 billion by 2028 according to a new study by Polaris Market Research. The report “Workplace Stress Management Market Share, Size, Trends, Industry Analysis Report, By Service (Stress Assessment, Yoga & Meditation, Resilience Training, Progress Tracking Metrics, Others); By Activity (Indoor, Outdoor); By Delivery Mode; By End-Use; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The stress management segment accounted for the largest revenue share, in 2020. Such a high is owing to rising cases of tension-related disorders among employees. According to the report published by the Chartered Institute of Personnel and Development (CIPD), in 2018, tension is one of the leading factors in the employee’s long-term absence and more than 37 percent of the respondents have reported a surge in the workplace stress in a year.
Moreover, according to the research done by the Capita Employee Benefits, in 2016, more than 75 percent of the working professional in the UK were stated as stressed and around 44 percent of the employees reported job losses due to high workload, and subsequent tensions.
However, the yoga & meditation segment is projected to witness the fastest market growth rate over the workplace stress management study period. This market growth is attributed to the adoption of yoga and meditation among employees to relieve tension. Moreover, companies across the globe are promoting yoga activities during office hours to promote a healthy life and promote positive working culture.
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Asia Pacific market is projected to witness a lucrative market growth over the workplace stress management study period. The rising service sector employing a huge number of individuals and awareness among employees about toxic work culture are the prominent factors that contributed to the segment’s market growth in workplace stress management.
Moreover, recent favorable government initiatives to reduce high work pressure jobs also contributing to the region’s market growth of workplace stress management. Market participants such Fitbit; ComPsych; Marino Wellness; ActiveHealth Management, Truworth Wellness; Wellsource, Inc.; CuraLinc Healthcare; Wellness Corporate Solutions (WCS); and Central Corporate Wellness.
Polaris Market research has segmented the workplace stress management market report on the basis of service, delivery mode, end use, activity, and region:
Workplace Stress Management, Service Outlook (Revenue – USD Million, 2016 – 2028)
- Stress Assessment
- Yoga & Meditation
- Resilience Training
- Progress Tracking Metrics
Workplace Stress Management, Delivery Mode Outlook (Revenue – USD Million, 2016 – 2028)
- Individual Counselors
- Personal Fitness Trainers
- Meditation Specialists
Workplace Stress Management, End-Use Outlook (Revenue – USD Million, 2016 – 2028)
- Small Scale Organizations
- Medium Scale Organizations
- Large Scale Organizations
Workplace Stress Management, Activity Outlook (Revenue – USD Million, 2016 – 2028)
Workplace Stress Management, by Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Central & South America
- Middle East & Africa
- Saudi Arabia
- South Africa