PUBLISHER: MarketLine | PRODUCT CODE: 1511617
PUBLISHER: MarketLine | PRODUCT CODE: 1511617
Global Gyms, Health & Fitness Clubs industry profile provides top-line qualitative and quantitative summary information including: Market size (value , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
The gyms, health and fitness clubs market includes establishments that offer facilities and services for physical exercise and fitness training, such as workout equipment, classes, personal training, and other amenities aimed at promoting health.
Market revenues are calculated as the membership fees paid to clubs.
All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
The global gyms, health & fitness clubs market recorded total revenues of $107.6 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.8% between 2018 and 2023.
In 2023, North America held the largest stake of 39.9% of the global gyms, health & fitness clubs market, followed by Europe at 31.5%, Asia-Pacific at 21.6%, and the Middle East at 1.7%.
According to GlobalData analysis based on information from the Organisation for Economic Co-operation and Development (OECD), the household consumption expenditure on health per household in the US increased from $23,629.8 in 2018 to $30,049.6 in 2023.