The health and fitness club market worldwide was estimated to grow at a rate of 7.5 percent annually between 2022 and 2030. By 2030, this industry was estimated to be worth approximately 125 billion U.S. dollars. How big is the global physical activity industry? The global market size of the physical activity industry was projected to grow by over six percent annually in the coming years, with the market size forecasted to exceed 1.1 billion U.S. dollars by 2024. In terms of regional market size, North America led by nearly 78 billion dollars, followed by the Asia-Pacific region in second place. Additionally, the number of members at health and fitness clubs in North America was estimated at over 70 million, followed by nearly 65 million in Europe, with these numbers steadily increasing since 2009. How many people in the United States engage in a physical activity? In the past year, there were just over 115,000 businesses in the U.S. fitness industry, which represented an increase over the previous year. Regarding daily engagement in sports, exercise, and recreation in the United States, it was found that around 21 percent of the male population and 19 percent of women participated in these activities. Furthermore, when considering fitness and health-related purchases, 78 percent of U.S. consumers reported not spending any money on fitness and health services in 2024. In contrast, 14 percent spent money on gym memberships, while 10 percent of consumers spent money on online fitness services in that same year.
The UK fitness market is poised for growth, with its value projected to reach 5.9 billion British pounds in 2024. This represented a significant rebound from the 4.8 billion British pounds recorded in 2022, highlighting the industry's resilience and adaptability in the face of recent challenges. The sector's recovery was further evidenced by the increasing number of gym memberships, which rose to an estimated 10.7 million in 2024, marking a four percent increase from the previous year. Evolving landscape of fitness facilities The UK has seen a substantial expansion in fitness establishments over the past decade, with the number of gyms and fitness centers more than doubling between 2011 and 2020. Despite the setbacks caused by the COVID-19 pandemic, the industry demonstrated remarkable resilience. By 2024, the number of fitness locations in the UK surpassed pre-pandemic levels, exceeding 5,000 establishments. This growth aligned with broader European trends, as the continent's health and fitness market revenue reached an estimated 31.8 billion euros in 2023. Shifting participation patterns While the overall fitness market is growing, participation trends show varying patterns across different activities. Fitness classes have seen an uptick in popularity, with approximately 6.2 million people in England participating between November 2022 and November 2023, an increase from previous years. Conversely, generic fitness training experienced a slight decline, with about 1.84 million individuals incorporating it into their routines in 2023, a decrease of around 30,000 participants compared to 2022. These shifts in preferences underscore the dynamic nature of the fitness industry and the importance of adapting to changing consumer demands.
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United States Health And Fitness Club Market size was valued at USD 4615.55 Million in 2024 and is projected to reach USD 6710.92 Million by 2031, growing at a CAGR of 4.79% from 2024 to 2031.
Americans are placing a higher value on their health, owing to increased knowledge of chronic diseases and a need for preventive care. Health and fitness clubs provide structured avenues for accomplishing fitness goals, which contributes to the market’s growth as the emphasis on general well-being increases.
Modern health clubs provide a wide range of amenities as well as personalized programs tailored to different fitness levels and preferences. This includes a wide range of group exercise courses, access to advanced equipment, and specialty facilities such as yoga studios and healthy eateries, which attract a diverse customer looking for personalized fitness experiences.
Furthermore, Wearable trackers, virtual workout platforms, and mobile apps are all examples of how technology is revolutionizing the health and fitness industry. These technologies improve member engagement by providing progress monitoring, remote coaching possibilities, and interactive training experiences that are in line with the digital preferences of today’s fitness enthusiasts.
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The Health and Fitness Club Market Report is Segmented by Service Type (Membership Fees, Personal Training & Instruction Services, and Other Service Types) and by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The Report Offers Market Size and Forecast in Value Terms (In USD) for all the Above Segments.
The health and fitness market in Europe was worth an estimated 31.8 billion U.S. dollars in 2023. This was a significant increase in the market size of just over 17 billion U.S. dollars in 2021. This can be attributed to the continued recovery of the industry following the impact of the coronavirus (COVID-19) pandemic, which forced the temporary closure of thousands of gyms and health clubs across Europe. How many users does the eService fitness market have in Europe? In 2024, the number of online users in Europe’s eServices fitness market was projected to exceed 183 million. Of these, the majority, around 76 percent, were expected to use fitness-related apps. Meanwhile, the wearables segment was anticipated to reach approximately 45 million users across Europe. Additionally, the eServices Fitness market in Europe showed steady growth in recent years, with online revenues reaching almost four billion euros in 2023, including the apps segment, which generated more than one billion euros in revenue. How big is the industry for the manufacture of sporting goods in Germany? Over the past decade, Germany's sporting goods retail sector showed steady revenue growth, peaking in 2022 at over six billion euros, an increase of roughly 11 percent compared to the previous year. Meanwhile, the sports goods manufacturing industry had a turnover close to 1.2 billion euros in 2022, reflecting a slight decrease from the previous year’s 1.25 billion euros. Despite this dip, the number of enterprises in sports goods manufacturing reached 512 in 2022, marking an increase of 96 businesses since 2018.
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The South America Health & Fitness Club Market Growth is segmented by Service Type (Membership Fees, Total Admission Fees, and Personal Training and Instruction Services), by Geography (Brazil, Argentina, Colombia and Rest of Europe)
The health and fitness club market in the United States was estimated to grow at an annual rate of 7.81 percent between 2018 and 2024. This meant that the industry was predicted to be worth over 147 billion U.S. dollars by 2024.
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The Southeast Asia Health and Fitness Club Market Report is Segmented by Service Type (Membership Fees, Personal Training and Instruction Services, and Other Service Types), Outlet (Chained and Independent), and Geography (Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, and Rest of Southeast Asia). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.
The revenue of the fitness, health, and gym club industry in the United States was approximately 41.8 billion U.S. dollars in 2024. This marked an increase of almost one percent on the figure from a year prior
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According to Cognitive Market Research, the global Smart Fitness market size will be USD 12512.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 26.50% from 2024 to 2031.
North America held the major market share, more than 40% of the global revenue, with a market size of USD 5004.88 million in 2024. It will grow at a compound annual growth rate (CAGR) of 24.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 3753.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2877.81 million in 2024 and will grow at a compound annual growth rate (CAGR) of 28.5% from 2024 to 2031.
Latin America's market will have more than 5% of the global revenue with a market size of USD 625.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.9% from 2024 to 2031.
Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 250.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 26.2% from 2024 to 2031.
The headwear held the highest Smart Fitness market revenue share in 2024.
Market Dynamics of the Smart Fitness Market
Key Driver of the Smart Fitness Market
Continuous Development of Technology to Provide Viable Market Output
The Smart Fitness market is experiencing major growth due to the continuous development of technology. Advancements such as wearable fitness trackers, smart gym equipment, and virtual reality fitness experiences enhance user engagement, provide real-time feedback, and offer personalized workout routines. Additionally, integration with AI and machine learning algorithms allows for more accurate data analysis, predictive insights, and customized training programs tailored to individual needs. As technology continues to evolve, the smart fitness market is expected to expand further, catering to the growing demand for convenient, efficient, and personalized fitness solutions.
For instance, Honor revealed its new fitness band, Honor Band 5i, in January 2020. The watch comes with a sleep tracking feature, a built-in USB port, and a watch face store.
(Source: https://www.hihonor.com/in/wearables/honorband5i/)
Growing Partnerships in the Fitness Industry to Propel Market Growth
The Smart Fitness market is experiencing growth due to the growing partnerships in the fitness industry. Collaborations between technology firms, fitness equipment manufacturers, and health service providers are expanding access to advanced fitness solutions. These partnerships often result in integrated platforms that offer personalized training regimens, real-time performance tracking, and data-driven insights. By combining expertise from various sectors, such collaborations enhance the efficacy and user experience of smart fitness products and services. Furthermore, partnerships facilitate the development of interconnected ecosystems that seamlessly integrate wearable devices, mobile apps, and fitness equipment, thereby catering to evolving consumer demands for holistic health and wellness solutions.
For instance, Realme came up with Realme Watch T1 in October 2021. The launched watch is around 1.3 inches round AMOLED with a resolution of about 416*416.
Restraint Factor for the Smart Fitness Market
High Initial Cost Restricts the Market Growth
The Smart Fitness market faces a challenge due to the high initial cost. These advanced technologies often come with a premium price tag due to their sophisticated features and capabilities, such as advanced sensors, connectivity options, and integrated software platforms. This high initial cost can act as a barrier to entry for many consumers, especially those on a tight budget or needing clarification on the long-term benefits of investing in smart fitness solutions. Additionally, ongoing expenses, such as subscription fees for accompanying software or services, can further deter potential buyers. As a result, the high upfront cost may limit the widespread adoption of smart fitness technology, particularly among price-sensitive consumers.
Impact of COVID-19 on the Smart F...
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According to Cognitive Market Research, the global Gym And Health Club Market size is USD 12541.36 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 5016.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3762.41 million in 2024.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2884.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
Latin America had a market share of around 5% of the global revenue with a market size of USD 627.07 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 250.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
Membership Fee has the highest Gym And Health Club Market revenue share in 2024.
Market Dynamics of Gym And Health Club Market
Key Drivers for the Gym And Health Club Market
Growing Trend Of Sedentary Lifestyles Necessitating Fitness Routines To Drive Market Growth
The growing trend of sedentary lifestyles is a significant factor driving the growth of the gym and health club market. As modern work environments become increasingly desk-bound, a large portion of the population is experiencing reduced physical activity. This shift towards a more sedentary lifestyle has led to a rise in health issues such as obesity, cardiovascular diseases, and other lifestyle-related disorders. Consequently, there is a heightened awareness about the importance of incorporating regular exercise into daily routines to mitigate these health risks. Fitness routines offered by gyms and health clubs provide structured and varied exercise options that cater to different fitness levels and goals. These establishments are equipped with advanced fitness equipment, professional trainers, and personalized programs, making them an attractive solution for individuals seeking to counteract the negative effects of sedentary behavior. This growing need for structured physical activity has significantly contributed to the increased demand for gym memberships and fitness services, thereby driving the market's growth.
Rapid Urbanization Leading To A Higher Number Of Gym Establishments
Rapid urbanization is a key factor driving the growth of the gym and health club market. As cities expand and populations migrate to urban areas, there is an increasing demand for accessible and convenient fitness facilities. Urban environments typically offer a higher concentration of potential gym-goers who seek nearby fitness options to accommodate their busy lifestyles. This shift has prompted a surge in the establishment of gyms and health clubs to meet the growing demand. Urban areas provide a fertile ground for fitness businesses, with a diverse customer base ranging from young professionals to families and retirees. Additionally, the urban setting often encourages a culture of health and wellness, further fueling the desire for local fitness options. Moreover, the availability of commercial real estate in urban centers facilitates the growth of gym establishments. Entrepreneurs and fitness brands are seizing these opportunities to open new locations, thus contributing to the overall expansion of the gym and health club market.
Restraint Factor for the Gym And Health Club Market
Expensive Gym Memberships Deterring Potential Customers
Expensive gym memberships are a significant factor restraining the growth of the gym and health club market. High membership costs can deter a substantial portion of the potential customer base, especially individuals from lower-income brackets or those who prioritize other financial commitments. As the cost of living continues to rise in many areas, discretionary spending on fitness services becomes less feasible for a significant segment of the population. The financial barrier created by expensive memberships can lead to decreased membership rates and lower retention, as customers may seek more affordable alternatives. These alternatives include ...
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Explore the Online/Virtual Fitness Market trends! Covers key players, growth rate 32.7% CAGR, market size $119.58 Billion, and forecasts to 2034. Get insights now!
The Gyms and Fitness Centres industry's revenue is expected to grow at a compound annual rate of 1.4% to €182.6 million over the five years through 2024, including forecast growth of 4.6% in 2024. Membership levels in recent years have been aided by public health initiatives that have shed light on the role of exercise in fighting diabetes, obesity and other health ailments. A strong emphasis on appearance in the media and trends towards healthy lifestyles have also heightened people's focus on self-image and fitness. The rise of budget gyms, like Flyefit, has reshaped the industry landscape, offering people more cost-effective options. However, the impact of COVID-19 lockdown measures have left their mark on the industry, with facilities forced to close and freeze membership fees to retain members throughout 2020. Gyms like Benn Dunne are operating in 2024 with half of the gyms they had before the COVID-19 outbreak, reducing their revenue by 50%. The recovery was stemmed in 2022, as rampant inflation, mainly in the form of elevated energy prices, and soaring living costs took hold, forcing many gyms to ramp up membership prices, hurting demand. Budget gyms have not been exempt from the inflationary environment, despite their minimal cost structure. Yet, they are set to capitalise on gym goers shifting from mid-market facilities to cheaper alternatives. The cost of living crisis tightening people’s pockets in the two years through 2024 has seen membership cancellations and people opting for cost-friendly exercises like running and walking. Over the five years through 2029, revenue's anticipated to grow at a compound annual rate of 4.2% to reach €224.3 million. Internal and external competition is expected to intensify, with low-cost gyms continuing to capture market share. Technology will continue to improve, as smart gyms become more prevalent with personalised exercise plans. However, there is still considerable room for growth with the emergence of new and niche markets, such as those aged 65 and over. Government initiatives aimed at tackling rising obesity rates will drive demand for fitness services. Technology, marketing and franchising will be key strategies for growth.
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The health and fitness club market size is envisioned to have a transformative uplift of US$ 302.0 billion by 2034, up from US$ 124.7 billion in 2024. Likely to grow at 9.2% CAGR through 2034, the market is foreseen to broaden extensively.
Attributes | Key Statistics |
---|---|
Health and Fitness Club Market Value (2024) | US$ 124.7 billion |
Forecast Market Value (2034) | US$ 302.0 billion |
Estimated Growth (2024 to 2034) | 9.2% CAGR |
Category-wise Insights
Attributes | Details |
---|---|
Top Type | Personal Training |
CAGR (2024 to 2034) | 9.0% |
Attributes | Details |
---|---|
Age Group | Between 20 and 40 Years |
CAGR ( 2024 to 2034 ) | 8.8% |
Country-wise Insights
Countries | CAGR through 2034 |
---|---|
South Korea | 11.1% |
Japan | 10.9% |
United Kingdom | 10.3% |
China | 9.9% |
United States | 9.6% |
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Get detailed insights into the current valuation of Interactive Fitness market size, including growth analysis, current market status and future market projections.
Online Fitness Course Market Size 2024-2028
The online fitness course market size is forecast to increase by USD 26.46 billion at a CAGR of 16.92% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The increasing awareness of the benefits of maintaining a healthy lifestyle is leading more individuals to seek flexible workout options that fit their schedules. Live video content provides real-time engagement and interaction with fitness instructors, enhancing the virtual fitness experience. Diverse workout options catering to various fitness levels and preferences are also attracting a wider audience. Corporate wellness programs integrating virtual fitness stations offer employers cost-effective solutions for employee health and productivity. However, privacy concerns and the need for individual fitness plans require platforms to ensure secure data handling and customized workout recommendations. Group sessions and personalized workouts offer social connection and individualized attention, respectively. The integration of Virtual Reality (VR) and Augmented Reality (AR) technology in online fitness courses adds an engaging element to the user experience. Despite the high cost of some online fitness courses, the market is expected to continue growing as consumers prioritize their health and wellness.
What will be the Size of the Market During the Forecast Period?
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In today's fast-paced world, maintaining a healthy lifestyle has become a top priority for individuals. Traditional gym workouts and in-person fitness classes may not always fit into busy schedules, leading to a growing demand for virtual fitness solutions. Online fitness courses offer convenience, flexibility, and accessibility, making it easier for people to engage in advanced fitness sessions from the comfort of their homes. The health and wellness industry has seen a significant shift towards digital platforms, with fitness apps, training videos, and wearable technology becoming increasingly popular.
Also, these solutions cater to the health consciousness of millennials and offer a more flexible approach to fitness. Health insurance providers are also recognizing the importance of online fitness solutions and are offering incentives to policyholders who incorporate these services into their routines. Augmented reality technology is revolutionizing the online fitness industry by providing engaging workout experiences. Virtual fitness competitions and live video classes offer a sense of community and engagement, keeping users motivated and committed to their fitness goals. Online instructors provide personalized training and feedback, ensuring that each workout is effective and safe. Remote workouts offer a convenient alternative to in-person workouts, allowing individuals to maintain their fitness routines even when traveling or working from home.
Further, balanced diets and mental health are essential components of a healthy lifestyle, and online fitness solutions provide access to resources and tools to help users make informed decisions about their nutrition and mental well-being. Fitness executives predict that online fitness solutions will continue to gain popularity, with live video content becoming a staple in the industry. The accessibility of these services allows individuals to prioritize their health and wellness, regardless of location or schedule. As technology continues to advance, we can expect to see even more innovative online fitness solutions that cater to the unique needs and preferences of users.
In conclusion, the online fitness industry is poised for growth, offering a convenient and accessible alternative to traditional fitness solutions. With the increasing popularity of fitness apps, training videos, and wearable technology, it is clear that virtual fitness is here to stay. By prioritizing health consciousness and offering flexible and engaging workouts, online fitness solutions are helping individuals maintain a healthy lifestyle, no matter where they are or what their schedule looks like.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Type
On-demand courses
Live classes
Hybrid courses
Revenue Stream
Subscription-based
Freemium
One-time purchase
Pay-per-class
Geography
North America
Canada
US
Europe
Germany
UK
APAC
China
South America
Middle East and Africa
By Type Insights
The on-demand courses segment is estimated to witness significant growth during the forecast period. The on-demand segment of The market has revolutionized how individuals approach fitness education and training. This sec
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The report covers Global Home Gym Equipment Market Share and is Segmented by Product Type (Treadmills, Elliptical Machines, Stationary Cycles, Rowing Machines, Strength Training Equipment, and Other Product Types), Distribution Channel (Offline Retail Stores, Online Retail Stores, and Direct Selling), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers the market sizes and forecasts in value (USD million) for the above segments.
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The size of the Southeast Asia Health And Fitness Club Market was valued at USD 2.45 Million in 2023 and is projected to reach USD 4.58 Million by 2032, with an expected CAGR of 9.36% during the forecast period. The Southeast Asia health and fitness club market has experienced significant growth in recent years, driven by a rising awareness of health and wellness among the population. As lifestyles become increasingly sedentary due to urbanization and technological advancements, individuals are prioritizing fitness to combat health issues and improve overall well-being. This trend has led to a surge in the number of gyms, fitness studios, and wellness centers across the region, catering to a diverse range of demographics. One of the key factors fueling the market's expansion is the growing middle class in Southeast Asia, which is increasingly willing to invest in health and fitness services. Additionally, the influence of social media and fitness influencers has motivated many individuals to pursue active lifestyles and seek professional guidance, resulting in increased memberships in fitness clubs. The market is characterized by a mix of large chain gyms, boutique studios, and specialized fitness offerings such as yoga, Pilates, and high-intensity interval training (HIIT). Recent developments include: January 2024: Anytime Fitness launched the second season of ‘Be Fit Fest,’ an annual campaign of the franchise organization, by introducing an AI video., January 2024: Virgin Active invested nearly USD 5 million in Singaporean clubs, transforming them into holistic wellness havens with new equipment, specialist programs, and exclusive Fitness Therapy Zones. New equipment across Virgin Active clubs includes a range of equipment from Technogym’s Pure Line for its ergonomic design and exceptional durability., November 2023: Anytime Fitness partnered with the Apple Fitness+. According to the company claim, Apple Fitness+ users who join Anytime Fitness and sign up for at least a 13-month membership would get their first 30 days at no charge.. Key drivers for this market are: Inclination Toward Healthy Lifestyle, Strategic Expansion by Health & Fitness Clubs. Potential restraints include: Rise in Popularity of Outdoor Activities. Notable trends are: Inclination Toward a Healthy Lifestyle.
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The Interactive Fitness market size reached USD 3.96 Billion in 2020 and revenue is forecasted to reach USD 7.56 Billion in 2028 registering a CAGR of 8.3%. Interactive Fitness industry report classifies global market by share, trend, growth and based on type, application, end use, and region | Virtual Fitness | Online Fitness
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The South Korea Health and Fitness Club Market Report is Segmented by Service Type (Membership Fees, Personal Training and Instruction Service, and Other Service Types). The Report Offers Market Sizes and Forecasts in Value Terms (USD) for the Above Segments.
The health and fitness club market worldwide was estimated to grow at a rate of 7.5 percent annually between 2022 and 2030. By 2030, this industry was estimated to be worth approximately 125 billion U.S. dollars. How big is the global physical activity industry? The global market size of the physical activity industry was projected to grow by over six percent annually in the coming years, with the market size forecasted to exceed 1.1 billion U.S. dollars by 2024. In terms of regional market size, North America led by nearly 78 billion dollars, followed by the Asia-Pacific region in second place. Additionally, the number of members at health and fitness clubs in North America was estimated at over 70 million, followed by nearly 65 million in Europe, with these numbers steadily increasing since 2009. How many people in the United States engage in a physical activity? In the past year, there were just over 115,000 businesses in the U.S. fitness industry, which represented an increase over the previous year. Regarding daily engagement in sports, exercise, and recreation in the United States, it was found that around 21 percent of the male population and 19 percent of women participated in these activities. Furthermore, when considering fitness and health-related purchases, 78 percent of U.S. consumers reported not spending any money on fitness and health services in 2024. In contrast, 14 percent spent money on gym memberships, while 10 percent of consumers spent money on online fitness services in that same year.