wellnessopportunityinindia-13027870919596-phpapp01
TRANSCRIPT
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
1/14
INVESTMENT IN WELLNESS INDUSTRY
FICCI Wellness 2010
Mumbai, August 25, 2010
4/14/2011 1
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
2/14
WELLNESS: A HUGE GROWTH
OPPORTUNITY
Industry estimate: Rs. 11,000 Crore
Growing at 30 - 35% per annum
Rs. 3,500
Crore
Incremental Businessper annum!
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
3/14
HOUSEHOLDS WITH INCOME> RS. 50 LAKH
GREW 8 TIMES IN THE PAST DECADE
201
454
1,037
40
103
255
20
52
141
0
200
400
600
800
1000
1200
1400
1600
2001-02 2005-06 2009-10
Number of households (figures in 000)
10,000+
5,001 - 10,000
2,001 - 5,000
SOURCE: NACAER
4/14/2011 4
4 lakh households
> Rs. 50 L income
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
4/14
INDIA: TOP 10 HEALTH PROBLEMS
4/14/2011 5
Frequent colds/flu
Headaches/Migraines
Stress
Gastrointestinal/digestive problems
Anemia (iron deficiency)
Sleep problems
Joint health problems
Diabetes
Bone health/strength
Tiredness, lack of energy
41%
40%
37%
37%
34%
34%
34%
33%
33%
33%
SOURCE: HEALTH FOCUS INTERNATIONAL
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
5/14
INDIA: OPPORTUNITIES FOR WELLNESS
SOURCE: HEALTH FOCUS INTERNATIONAL
4/14/2011 6
Frequent colds/flu
Headaches/Migraines
Stress
Gastrointestinal/digestive problems
Anemia (iron deficiency)
Sleep problems
Joint health problems
Diabetes
Bone health/strength
Tiredness, lack of energy
41%
40%
37%
37%
34%
34%
34%
33%
33%
33%
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
6/14
LOSS OF CONTROL FEELING:
OPPORTUNITY FOR WELLNESS INDUSTRY
SOURCE: HEALTH FOCUS INTERNATIONAL
4/14/2011 7
Strongly agree/agree 2000 2003 2005 2008Change08 vs.
00
My short-term health depends on
how well I take care of myself95% 87% 86% 81% -14
As long as I take care of my heath
day-to-day, the long term will take
care of itself
90% 87% 83% 69% -21
I have a great deal of control over my
future health89% 72% 77% 67% -22
My stress levels can be managed by
me93% 83% 82% 60% -33
If I take the right actions, I have a
good chance of avoiding cancer85% 66% 78% 56% -29
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
7/14
SPAS, GYMS & SALONS
WORTH INVESTING?
Estimated SPA rooms (organized sector): 2,000 2,500
Estimated number of gyms: 5,000
Availability will undoubtedly double in next 3 5 years.
Is it worth investing?
Rs. 1.5 to 2.5 crores for a gym
Rs. 30 50 lakhs for a fitness & slimming center
Rs. 12
25 lakhs for a day spa/ beauty salon
4/14/2011 8
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
8/14
BUILD A LONG TERM MODEL OF SUCCESS
Just being there is not a guarantee forsuccess
Competition will get stronger
For investment to payback
focus on thebusiness structure & strategy
4/14/2011 9
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
9/14
THE PILLARS OF SUCCESS
ServiceQuality
Branding
Loyalty Pricing
4/14/2011 10
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
10/14
SUCCESS STRATEGIES - 1
4/14/2011 11
ServiceQuality
Train
Motivate
Monitor
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
11/14
SUCCESS STRATEGIES - 2
Loyalty
Service
Reward
Cross-sell
4/14/2011 12
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
12/14
SUCCESS STRATEGIES - 3
Branding
Target
Segment
UniqueProposition
Brand
Experience
4/14/2011 13
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
13/14
SUCCESS STRATEGIES - 4
Pricing
Target
Segment
Competition
Special
Offers/Deals
4/14/2011 14
-
7/28/2019 wellnessopportunityinindia-13027870919596-phpapp01
14/14
THANK YOU
4/14/2011 15