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PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565992

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PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565992

United States Health and Fitness Club Market, By Type; By Age; By Service Offering, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

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United States Health and Fitness Club Market Size Expands to Touch Value of USD 53 Billion by 2030

United States Health and Fitness Club Market is flourishing due to the rapidly aging population, escalating obesity rates, and a growing emphasis on wellbeing.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States Health and Fitness Club Market size by value at USD 37.81 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United States Health and Fitness Club Market size to grow at a CAGR of 4.9% reaching a value of USD 52.66 billion by 2030. Americans' growing emphasis on their health is expected to propel the Health and Fitness Club Market in United States, driven by heightened awareness of chronic diseases and the need for preventive care. As the focus on overall well-being intensifies, health and fitness clubs play a crucial role by offering structured pathways to achieve fitness goals, thereby fueling market growth. Modern health clubs cater to a diverse clientele by providing a wide array of amenities and personalized programs tailored to various fitness levels and preferences. This includes an extensive selection of group exercise classes, access to advanced equipment, and specialized facilities such as yoga studios and healthy eateries, all designed to attract individuals seeking customized fitness experiences. Additionally, technology is transforming the health and fitness industry with innovations like wearable trackers, virtual workout platforms, and mobile apps. These tools enhance member engagement by offering progress tracking, remote coaching options, and interactive training experiences that align with the digital habits of today's fitness enthusiasts.

Opportunity - Integration of Smart Technologies

The integration of technology is revolutionizing the health and fitness industry, transforming traditional exercise routines into personalized, data-driven experiences. Advanced features, such as real-time tracking, interactive workouts, virtual coaching, and personalized feedback, have become standard in modern fitness equipment, offering users immersive and tailored experiences that enhance their workout efficiency and motivation. As fitness gear evolves with cutting-edge technology, it not only inspires individuals to stay active but also provides valuable insights for monitoring progress and achieving fitness goals. However, this technological shift also presents challenges, including concerns about data privacy, the cost of high-tech equipment, and the risk of over-reliance on technology. Companies must balance these advancements with robust privacy measures and ensure that technology enhances, rather than overshadows, the essential human elements of fitness.

Personal Training Studios Segment Holds Largest Market Share

Personal training type has been significantly propelled by the aspirational influence of celebrities who frequently enlist personal trainers. The trend has particularly captivated affluent consumers seeking to attain similar physiques. Moreover, the rise of boutique fitness studios, offering personalized instruction and intimate class settings, has catered to the growing demand for tailored fitness experiences. By prioritizing individual goals and providing dedicated support, personal training has cultivated a loyal clientele and solidified its position as a dominant force within the fitness market.

Impact of Escalating Geopolitical Tensions on United States Health and Fitness Club Market

United States Health and Fitness Club Market may face significant challenges from intensifying geopolitical tensions across the world. Such tensions often bring about economic uncertainties that may lead consumers to reduce spending on discretionary items like gym memberships and fitness services. Furthermore, disruptions in trade could affect the availability and cost of fitness equipment and products. As geopolitical instability rises, consumers may shift their focus from health and fitness to more essential expenses, potentially slowing market growth. Consequently, the health and fitness sector may encounter significant challenges in sustaining robust growth amid these global uncertainties.

Competitive Landscape

United States Health and Fitness Club Market is fragmented, with numerous players serving the market. Key players dominating United States Health and Fitness Club Market include Anytime Fitness, Crunch Fitness, Curves International, Equinox Fitness, Gold's Gym, John Reed Fitness, Life Time Group Holdings, Inc., Fitness Connection, and Snap Fitness. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and United States Health and Fitness Club Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Health and Fitness Club Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24622

Table of Contents

1. Research Framework

  • 1.1. Research Objective
  • 1.2. Product Overview
  • 1.3. Market Segmentation

2. Executive Summary

3. United States Health and Fitness Club Market Insights

  • 3.1. Industry Value Chain Analysis
  • 3.2. DROC Analysis
    • 3.2.1. Drivers
      • 3.2.1.1. Increasing health consciousness
      • 3.2.1.2. Rising obesity rates in US
      • 3.2.1.3. Growing aging population
    • 3.2.2. Restraints
      • 3.2.2.1. High membership fees
      • 3.2.2.2. Competition from home workouts
      • 3.2.2.3. Lack of time
    • 3.2.3. Opportunities
      • 3.2.3.1. Expansion of niche fitness segments
      • 3.2.3.2. Integration of technology
      • 3.2.3.3. Focus on mental health
    • 3.2.4. Challenges
      • 3.2.4.1. Retaining members
      • 3.2.4.2. Attracting new members
      • 3.2.4.3. Rising operational costs
  • 3.3. Technological Advancements/Recent Developments
  • 3.4. Regulatory Framework
  • 3.5. Porter's Five Forces Analysis
    • 3.5.1. Bargaining Power of Suppliers
    • 3.5.2. Bargaining Power of Buyers
    • 3.5.3. Threat of New Entrants
    • 3.5.4. Threat of Substitutes
    • 3.5.5. Intensity of Rivalry

4. United States Health and Fitness Club Market Overview

  • 4.1. Market Size & Forecast, 2019-2030
    • 4.1.1. By Value (USD Billion)
  • 4.2. Market Share & Forecast
    • 4.2.1. By Type
      • 4.2.1.1. Fitness Centers
      • 4.2.1.2. Health Clubs
      • 4.2.1.3. Specialty Fitness Studios
      • 4.2.1.4. Yoga & Pilates Studios
      • 4.2.1.5. Personal Training Studios
      • 4.2.1.6. Others (recreational facilities)
    • 4.2.2. By Age
      • 4.2.2.1. Upto 20 Years
      • 4.2.2.2. 21-40 Years
      • 4.2.2.3. 41-55 Years
      • 4.2.2.4. Above 55 Years
    • 4.2.3. By Service Offering
      • 4.2.3.1. Strength Training
      • 4.2.3.2. Cardio Training
      • 4.2.3.3. Group Fitness Classes
      • 4.2.3.4. Personal Training
      • 4.2.3.5. Spa & Wellness Services
      • 4.2.3.6. Nutrition Counseling
      • 4.2.3.7. Others (Swimming Pools, Racquetball Courts)

5. Competitive Landscape

  • 5.1. List of Key Players and Their Offerings
  • 5.2. South Africa Insurance Company Market Share Analysis, 2023
  • 5.3. Competitive Benchmarking, By Operating Parameters
  • 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

6. Impact of Escalating Geopolitical Tensions on United States Health and Fitness Club Market

7. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

  • 7.1. Anytime Fitness
  • 7.2. Crunch Fitness
  • 7.3. Curves International
  • 7.4. Equinox Fitness
  • 7.5. Gold's Gym
  • 7.6. John Reed Fitness
  • 7.7. Life Time Group Holdings, Inc.
  • 7.8. Fitness Connection
  • 7.9. Snap Fitness
  • 7.10. Other Prominent Players

8. Key Strategic Recommendations

9. Research Methodology

  • 9.1. Qualitative Research
    • 9.1.1. Primary & Secondary Research
  • 9.2. Quantitative Research
  • 9.3. Market Breakdown & Data Triangulation
    • 9.3.1. Secondary Research
    • 9.3.2. Primary Research
  • 9.4. Breakdown of Primary Research Respondents, By Region
  • 9.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC24622

List of Figures

  • Figure 1 United States Health and Fitness Club Segmentation
  • Figure 2 United States Health and Fitness Club Market Value Chain Analysis
  • Figure 3 Company Market Share Analysis, 2023
  • Figure 4 United States Health and Fitness Club Market Size, By Value (USD Billion), 2019-2030
  • Figure 5 United States Health and Fitness Club Market Share, By Type, By Value, 2019-2030
  • Figure 6 United States Health and Fitness Club Market Share, By Age, By Value, 2019-2030
  • Figure 7 United States Health and Fitness Club Market Share, By Service Offering, By Value, 2019-2030

List of Tables

  • Table 1 United States Health and Fitness Club Market Size, By Value (USD Billion), 2019-2030
  • Table 2 United States Health and Fitness Club Market Share, By Type, By Value, 2019-2030
  • Table 3 United States Health and Fitness Club Market Share, By Age, By Value, 2019-2030
  • Table 4 United States Health and Fitness Club Market Share, By Service Offering, By Value, 2019-2030
  • Table 5 Anytime Fitness Company Overview
  • Table 6 Anytime Fitness Financial Overview
  • Table 7 Crunch Fitness Company Overview
  • Table 8 Crunch Fitness Financial Overview
  • Table 9 Curves International Company Overview
  • Table 10 Curves International Financial Overview
  • Table 11 Equinox Fitness Company Overview
  • Table 12 Equinox Fitness Financial Overview
  • Table 13 Gold's Gym Company Overview
  • Table 14 Gold's Gym Financial Overview
  • Table 15 John Reed Fitness Company Overview
  • Table 16 John Reed Fitness Financial Overview
  • Table 17 Life Time Group Holdings, Inc. Company Overview
  • Table 18 Life Time Group Holdings, Inc. Financial Overview
  • Table 19 Fitness Connection Company Overview
  • Table 20 Fitness Connection Financial Overview
  • Table 21 Snap Fitness Company Overview
  • Table 22 Snap Fitness Financial Overview
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Jeroen Van Heghe

Manager - EMEA

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Christine Sirois

Manager - Americas

+1-860-674-8796

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