'In a report released in June 2021, it was forecast that the wellness & fitness economy could grow 7.1% annually from 2018 to 2024, with many sub-segments growing quite a bit faster. Over that time, we’ve had a pandemic, inflation, labour shortages, world leaders turnover, and even the media telling us there is an impending recession. Our guest is Kaumil Gajrawala is a Managing Director covering the Beverage, Household, Personal Care and Wellness sectors for Credit Suisse. Find out what Kaumil thinks of our industry from an investors perspective in our first episode of Industry Current Affairs! 00:00 Welcome 00:55 What do you do at Credit Suisse? 02:08 Investors perspective on fitness & wellness industry post-pandemic 07:37 Impact of a recession on the fitness & wellness industry 13:46 What sub-segments are growing & which are not? 14:19 Retreats are booming 17:00 What encompasses the wellness economy from an investor\'s perspective? 21:07 How important is wellness to today’s consumer? 20:32 Research People want to be outdoors 24:32 Digital brands need to open doors to stay viable Follow The Fitness Business Podcast: Website: https://fitnessbusinesspodcast.com Facebook: https://www.facebook.com/fitnessbusinesspodcast Twitter: https://twitter.com/fitbizpodcast Instagram: https://www.instagram.com/fitnessbusinesspodcast/ Contact Information: Website: https://fitnessbusinesspodcast.com Email: info@activemgmt.com.au Phone: +61 2 9484 5501'
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