The health and fitness club market refers to facilities and services that promote physical activity, wellness, and fitness through structured programs and specialized equipment. These clubs cater to individuals seeking to improve their health, maintain fitness, or engage in recreational activities.
The health and fitness club market consists of sales by entities (organizations, sole traders and partnerships) of health and fitness club facilities and services that are frequented by people of all ages and fitness levels, providing a supportive environment for physical exercise, relaxation, and wellness practices.
The global health and fitness club market was valued at $85,127.74 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 3.00%.
Rising Disposable Incomes
During the historic period, the rising disposable incomes drove the health and fitness club market. As disposable incomes increase, consumers are more likely to invest in memberships at health and fitness clubs. These clubs provide a range of services, including gym access, personal training and group classes, which become more affordable and accessible as individuals gain greater financial flexibility. For instance, disposable personal income in India increased to 272,995,370 INR million ($3,283,241.61 million) in 2022, from 238,573,760 INR million ($2,869,262.20 million) in 2021. Moreover, according to the Australian Bureau of Statistics, an Australia-based government agency, disposable personal income in Australia increased to 387,822 AUD million ($260,703.67 million) in the fourth quarter of 2023, from 369,000 AUD million ($250,008.57 million) in the fourth quarter of 2022. Therefore, the rising disposable incomes drove the Health and fitness club market.
Revolutionizing Fitness With Personalized Coaching And Data-Driven Solutions
Leading companies in the health and fitness club market are placing a strong emphasis on the development of innovative solutions, including personalized coaching applications, to drive user engagement and optimize fitness outcomes. Personalized coaching applications offer real-time feedback on workout performance, form, and intensity, enabling users to adjust their routines for improved results. For instance, in April 2023, Anytime Fitness (AF), a US-based health and fitness club, launched AF SmartCoaching technology and AF App. AF SmartCoaching is set to offer Anytime Fitness members personalized coaching, now accessible via the app anytime and anywhere. This technological initiative is part of the brand's ongoing strategy to enhance member experience by providing both in-club and remote access to coaching, with the goal of improving individual health outcomes. The AF SmartCoaching platform captures member activity and performance data from both inside and outside the gym. By leveraging data and predictive analytics, Anytime Fitness coaches can develop highly personalized health and fitness plans for each member. Through the app, members can access tailored plans that include training, nutrition, and recovery advice. As members progress, a body composition scanner tracks changes, providing more accurate insights than a standard scale.
The global health and fitness club market is fairly fragmented, with large number of players operating in the market. The top ten competitors in the market made up to 15.85% of the total market in 2023.
Health And Fitness Club Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global health and fitness club market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for health and fitness club? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The health and fitness club market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider health and fitness club market; and compares it with other markets.
The report covers the following chapters
- Introduction And Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by facility, by membership type, by trainer type and by end user.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the health and fitness club market.
- Global Market Size And Growth- Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast.
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by facility, by membership type, by trainer type and by end user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players
- Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations This section includes recommendations for health and fitness club providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
- 1) By Facility: Yoga Classes; Swimming Pool; Gym Equipment; Other Facilities
- 2) By Membership Type: Monthly; Annually
- 3) By Trainer Type: Personal Training; Group Training; Self-Training
- 4) By End User: Men; Women
- Companies Mentioned: 24 Hour Fitness LLC; LA Fitness LLC; Barry's Bootcamp; Equinox Holdings Inc; CrossFit LLC
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; health and fitness club indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.