Wellness is booming. And it’s here to stay.
The wellness industry is one of the fastest-growing industries in the world, and experts anticipate that it will grow between 8 and 10% a year. In the U.S. alone, spending on wellness products and services has exceeded $450 billion.
This segment of the US economy is being energized by increasing awareness of the importance of overall wellness to quality and length of life – driving more and more Americans to change how they spend their money to invest in the health of their bodies and minds.
Furniture For Life exists to profoundly transform people’s lives for the better – a mission that dovetails perfectly with the burgeoning societal interest in health and wellness. We are seeking partners with the same passion for building a successful business around helping people live better lives.
- 50% of US consumers report wellness as a top priority. (Still feeling good: The US wellness market continues to boom | September 19, 2022)
- McKinsey & Company reports that the number of Americans reporting wellness as a top priority in their day-to-day lives has increased from 42% in 2020 to 50% in 2022
- 48.2% of Americans say they’ve increased their prioritization of wellness over the past two to three years.
- Studies have shown that up to 23% of the world’s adults suffer from chronic low back pain. Some estimates of lifetime prevalence of back pain are as high as 84% among adults.
