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Wellness blog 18 Jul 2017

Ideas to be an Entrant in Wellness Industry

The report Value Added Service – Wellness and Preventive Healthcare stated that wellness will be a key growth driver of health insurance in India.

By Nibedita Mohanta Feature Writer

According to a report of KPMG Wellness sector, the size of India’s beauty and wellness market would nearly be up to Rs 80,370 crore by 2017/18.

The wellness industry is likely to achieve about Rs1.5 trillion by FY20, according to a report by FICCI and EY.

The report Value Added Service – Wellness and Preventive Healthcare stated that wellness will be a key growth driver of health insurance in India.

It looks like all the stars are shining on this industry, hence why not take advantage of the market condition and dive into the business of wellness and beauty.

Here are some low cost business ideas for wellness:

1. Massage parlor

This business is very much on demand, as more and more people are working tirelessly throughout the day, they want some relaxation by the end. Thus they always get tentalised by the name of massage and if the service leaves them pleased, they would not mind coming again and again.

This business only needs good masseuses and space for establishing the business. It is better if it is opened in a locality or society in a metropolitan city, where people get tired of traffic more than of work.

2. Yoga Studio

Yoga is the new lifestyle, which people are adapting these days. To rejuvenate themselves, discover their inner peace and to remain healthy lifelong is the motto of the urban and semi-urban population.

It all needs a room and a yoga instructor or even you can learn yoga and start taking classes.

3. Online business

Being in the time of technology and internet is no good, unless you take full advantage of the resource and time. YouTube channels, online marketplaces and apps are keeping the past as well as present generation busy, and then what are you waiting for! Push the lever in order to start your business.

You can start a YouTube channel on makeup tutorials, yoga tutorials, healthy snack making or DIY tutorials, there are plenty of options available to try.

You can also sell health tonics, protein shakes; make up kits or a boutique online, or home-made organic products.

4. Pet grooming salon

Even pet grooming has become a fashion now, people have grown enough to make animals a part of their life, thus they want their pet gets special treatment, such as massage, hair cut, nail cut and many other ways to pamper.

For this you just have to look for experts in grooming the animals or trained people, who can take care of the business well. It is just one time investment and the return, you are going to earn is worth the effort.

5. Tattoo parlor, piercing, henna art and nail art

As soon as the festival season starts in India, people get ready to print henna art on their palms. Henna art business is fresh in the industry and people have shown tremendous interest in the existing business.

An old age trend has taken a new birth in the shape of tattoos and piercing. People want to take their tattoos and piercings to their grave and this has become a trend all of a sudden.

Nail art is another trend storm, which has recently taken a huge shape in the wellness industry.

Being well and healthy is not enough; make your business wealthy by using these simple low cost business ideas in the wellness industry.

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