Personal Development Market Trends

Report ID: GMI6647
   |
Published Date: September 2023
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Report Format: PDF

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Personal Development Market Trends

Higher rates of mental illness are accelerating the need for the personal development industry by increasing the demand for resources that promote mental health and well-being. As mental health issues become more prevalent, individuals are seeking personal development tools such as stress management programs, self-help books on anxiety & depression, and mindfulness practices.
 

According to the National Alliance of Mental Illness, in 2021, 22.8% of the U.S. adults experienced mental illness, which adds up to 57.8 million people of the total population. This staggering figure of people suffering from mental illness drives growth in the market as people actively seek ways to improve their mental & emotional states. It thus fosters a greater awareness about the value of personal development in addressing mental health challenges.

Authors: Preeti Wadhwani,
Frequently Asked Question(FAQ) :
Why is the demand for personal coaching/training instruments growing?
The personal coaching/training instrument segment was valued at USD 14.96 billion revenue in 2022, on account of the growing adoption of financial coaching programs by global educational institutes.
What factors are influencing personal development industry growth in North America?
How big is the personal development market?
Who are the key personal development market players?
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    Base Year: 2022

    Companies covered: 15

    Tables & Figures: 252

    Countries covered: 21

    Pages: 252

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