Global Health and Fitness Club Market Research Report Information by Facility, by Trainer Type, by End User, by Membership Type and by Region

Description

List of Tables

Global Health and Fitness Club Market Research Report Information by Facility (Aerobic Classes, Yoga Classes, Swimming Pool, Gym Equipment [Free Weight, Cardiovascular Equipment, and Others], and Others), by Trainer Type (Personal Training, Group Training, and Self Training), by End User (Men and Women), by Membership Type (Monthly and Annually) and by Region (North America, Europe, Asia-Pacific, South America, and Middle East & Africa) - Forecast till 2032

Market Overview

In 2023, the Health and Fitness Club Market was estimated to be worth USD 96.30 billion. The Health and Fitness Club industry is anticipated to experience a compound annual growth rate (CAGR) of 7.88% during the forecast period, increasing from USD 106.71 billion in 2024 to USD 211.20 billion by 2032.

The Market for Health and Fitness Clubs is significantly influenced by increasing health awareness, rising disposable income, and changing lifestyles, which have resulted in an increase in expenditure on health clubs.

The Health and Fitness Club Market is expanding as more individuals recognize the significance of maintaining a healthful lifestyle and maintaining physical fitness. The demand for all-inclusive, low-cost fitness solutions is on the rise as a greater number of individuals become aware. Approximately one-third of Europeans aged 18 and older participate in aerobic physical activity that promotes health, according to the European Commission. Additionally, there is a growing global awareness of health activities as a result of fitness campaigns, which is driving demand for gym equipment, swimming pools, and aerobic classes. For example, the American Physical Therapy Association promoted the adoption of an active lifestyle by individuals of all ages to enhance their health and well-being. Consequently, the market is experiencing growth because of the growing awareness among individuals regarding the benefits of physical activity for both mental and physical health, as evidenced by the aforementioned statistics.

Market segment insights

The Health and Fitness Club Market is segmented into aerobic classes, yoga classes, swimming pools, gym equipment, and other categories based on the facility.

The market has been segmented into personal training, group training, and self-training based on the type of trainer.

The Health and Fitness Club Market has been segmented into men and women based on the end consumer.

The market is divided into monthly and annual segments based on the form of membership.

Regional Perspectives

The North American health and fitness club market held the greatest market share of over 43.41% in 2023, a result of the significant cultural emphasis on fitness and wellness in the United States and Canada. Due to the robust consumer demand for premium fitness facilities and services, the North American health and fitness club industry has experienced a surge in growth because of the trend toward health-conscious and fitness club lifestyles among the region's population.

The European health and fitness club market is experiencing growth because of the increasing recognition of the significance of physical activity and a healthy lifestyle, as well as the increasing disposable income levels and the changing consumer preferences for maintaining an active and fit lifestyle. Additionally, there has been an increasing emphasis on wellness and self-care, as more individuals are placing a higher priority on their physical and mental well-being.

The Asia-Pacific health and fitness facility market is expanding at a rapid pace because of the growing middle class and the growing awareness of health in China. Furthermore, the IHRSA Global Report 2022 indicated that the Chinese market, which boasts 27,600 clubs and nine million members, is a significant contributor to the fortification of connections within the global fitness industry.

Major Players

The Health and Fitness Club Market is dominated by the following key companies: CLUB4 Fitness (US), GOLD'S GYM (US), Life Time, Inc (US), CrossFit, LLC (US), The Bay Club Company (US), Equinox (US), Crunch Fitness (US), Basic-Fit (Netherlands), Planet Fitness Inc (US), and Self Esteem Brands, LLC (US).

Product Code: MRFR/CR/20602-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TYPE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING HEALTH AWARENESS AMONG THE PEOPLE
- 4.2.2 RISING DISPOSABLE INCOME AND CHANGING LIFESTYLES LEAD TO AN INCREASE IN SPENDING ON HEALTH CLUBS
4.3 CHALLENGE
- 4.3.1 EVOLVING CONSUMER PREFERENCES ASSOCIATED WITH HEALTH AND FITNESS MAINTENANCE
4.4 OPPORTUNITY
- 4.4.1 INCREASING INCIDENCES OF CHRONIC CONDITIONS ACROSS THE GLOBE
4.5 RESTRAINT
- 4.5.1 HIGH MEMBERSHIP COSTS AND FEES ASSOCIATED WITH HEALTH AND FITNESS CLUBS
4.6 STRATEGIC INSIGHTS
- 4.6.1 TECHNOLOGY UPDATE
- 4.6.2 REGIONAL MARKETS TO LOOKOUT FOR
4.7 REGULATORY UPDATE
4.8 MARKET TRENDS
4.9 IMPACT OF COVID-19 ON THE GLOBAL HEALTH AND FITNESS CLUB MARKET

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 CUSTOMER ACQUISITION (PREPURCHASE QUERY)
- 5.1.2 SERVICE CUSTOMIZATION
- 5.1.3 CUSTOMER PURCHASE SUPPORT
- 5.1.4 CUSTOMER FULFILMENT & POST-PURCHASE SUPPORT
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL HEALTH AND FITNESS CLUB MARKET, BY FACILITY

6.1 INTRODUCTION
6.2 AEROBIC CLASSES
6.3 YOGA CLASSES
6.4 SWIMMING POOL
6.5 GYM EQUIPMENT
- 6.5.1 FREE WEIGHT
- 6.5.2 CARDIOVASCULAR EQUIPMENT
- 6.5.3 OTHERS
6.6 OTHERS

7 GLOBAL HEALTH AND FITNESS CLUB MARKET, BY TRAINING TYPE

7.1 INTRODUCTION
7.2 PERSONAL TRAINING
7.3 GROUP TRAINING
7.4 SELF TRAINING

8 GLOBAL HEALTH AND FITNESS CLUB MARKET, BY END USER

8.1 INTRODUCTION
8.2 MEN
8.3 WOMEN

9 GLOBAL HEALTH AND FITNESS CLUB MARKET, BY MEMBERSHIP TYPE

9.1 INTRODUCTION
9.2 MONTHLY
9.3 ANNUALLY

10 GLOBAL HEALTH AND FITNESS CLUB MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 CANADA
- 10.2.3 MEXICO
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 FRANCE
- 10.3.3 UK
- 10.3.4 ITALY
- 10.3.5 SPAIN
- 10.3.6 REST OF EUROPE
10.4 ASIA-PACIFIC
- 10.4.1 CHINA
- 10.4.2 INDIA
- 10.4.3 JAPAN
- 10.4.4 SOUTH KOREA
- 10.4.5 AUSTRALIA & NEW ZEALAND
- 10.4.6 REST OF ASIA-PACIFIC
10.5 SOUTH AMERICA
- 10.5.1 BRAZIL
- 10.5.2 ARGENTINA
- 10.5.3 REST OF SOUTH AMERICA
10.6 MIDDLE EAST & AFRICA
- 10.6.1 GCC COUNTRIES
- 10.6.2 TURKEY
- 10.6.3 NORTHERN AFRICA
- 10.6.4 SOUTHERN AFRICA

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 MARKET SHARE ANALYSIS,
11.3 COMPETITOR DASHBOARD
11.4 PUBLIC PLAYERS STOCK SUMMARY
11.5 COMPARATIVE ANALYSIS: KEY PLAYERS FINANICAL
11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.6.1 SERVICE LAUNCH
- 11.6.2 ACQUISITION
- 11.6.3 EXPANSION
- 11.6.4 MERGER

12 COMPANY PROFILES

12.1 EQUINOX
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 SERVICES OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 KEY STRATEGIES
12.2 CRUNCH FITNESS
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 SERVICES OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 KEY STRATEGY
12.3 BASIC-FIT
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 SERVICES OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGIES
12.4 PLANET FITNESS, INC.
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 SERVICES OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGY
12.5 SELF ESTEEM BRANDS, LLC
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 SERVICES OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 SWOT ANALYSIS
- 12.5.6 KEY STRATEGY
12.6 CLUB4 FITNESS
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 SERVICES OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 KEY STRATEGIES
12.7 GOLD'S GYM
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 SERVICES OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 LIFE TIME, INC
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 SERVICES OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 SWOT ANALYSIS
- 12.8.6 KEY STRATEGIES
12.9 CROSSFIT, LLC
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 SERVICES OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 KEY STRATEGIES
12.10 THE BAY CLUB COMPANY
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 SERVICES OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 KEY STRATEGIES

13 DATA CITATIONS