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    Health Fitness Club Market

    ID: MRFR/CR/20602-CR
    208 Pages
    Snehal Singh
    June 2024

    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

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    Health and Fitness Club Market Research Report — Global Forecast till 2032 Infographic
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    Health Fitness Club Market Summary

    As per Market Research Future Analysis, the Global Health and Fitness Club Market was valued at USD 96.30 billion in 2023 and is projected to grow to USD 211.20 billion by 2032, with a CAGR of 7.88% from 2024 to 2032. The growth is driven by increasing health awareness, rising disposable incomes, and changing lifestyles that prioritize fitness. The market is segmented by facility types, trainer types, end users, and membership types, with personal training and monthly memberships holding significant shares. North America leads the market, accounting for over 43.41% in 2023, followed by Europe and Asia-Pacific, where health consciousness is on the rise.

    Key Market Trends & Highlights

    Key trends driving the Health and Fitness Club Market include increasing health awareness and rising disposable incomes.

    • Health and Fitness Club Market size in 2023: USD 96.30 billion.
    • Projected market size by 2032: USD 211.20 billion.
    • CAGR from 2024 to 2032: 7.88%.
    • North America held over 43.41% market share in 2023.

    Market Size & Forecast

    2023 Market Size USD 96.30 billion
    2024 Market Size USD 106.71 billion
    2032 Market Size USD 211.20 billion
    CAGR (2024-2032) 7.88%

    Major Players

    Equinox Fitness Club, CLUB4 Fitness, GOLD'S GYM, Life Time, Inc, CrossFit, LLC, The Bay Club Company, Crunch Fitness, Basic-Fit, Planet Fitness Inc, Self Esteem Brands, LLC.

    Health Fitness Club Market Trends

      • Increasing health awareness among people

    The growth of the Health and Fitness Club Market is growing as more people become aware of the importance of living a healthy lifestyle and staying fit. As a larger number of people become aware, there is a high demand for low-cost, all-inclusive fitness solutions. According to the European Commission, roughly one-third of Europeans aged 18 and above engage in health-promoting aerobic physical activity. Moreover, there is increasing awareness of health activities through fitness campaigns across the globe, which is boosting the demand for aerobic classes, swimming pools, gym equipment, and others.

    For instance, the American Physical Therapy Association encouraged Americans of all ages to embrace an active lifestyle to benefit their health and wellbeing. Thus, the increasing awareness among people associated with physical movement for mental and physical health, as proven by the above-mentioned statistics, is fueling the growth of the market.

    Furthermore, as people are experiencing an increase in disposable income, this is leading to a shift in lifestyle, notably a surge in spending on fitness activities and health clubs. For instance, as per the Bureau of Economic Analysis, disposable personal income (DPI) increased to USD 387.4 billion (2.0%) and personal consumption expenditures (PCE) increased to USD 312.5 billion (1.8%) until February 2023. This trend is increasing and significantly boosting the demand for health and fitness club services across the globe.

    The Global Health and Fitness Club Market is poised for substantial growth as increasing health awareness and lifestyle changes drive consumer engagement in fitness activities.

    U.S. Department of Health and Human Services

    Health Fitness Club Market Drivers

    Focus on Mental Health

    The growing recognition of the connection between physical fitness and mental health is emerging as a crucial driver in the Global Health and Fitness Club Market Industry. As mental well-being becomes a priority for many, fitness clubs are increasingly promoting their services as a means to improve mental health. Activities such as yoga and meditation are gaining traction, appealing to those seeking holistic health solutions. This trend aligns with the broader societal shift towards mental wellness, potentially leading to increased membership and participation rates. The market's growth trajectory suggests that this focus on mental health will continue to influence consumer choices.

    Rising Health Awareness

    The increasing global awareness regarding health and fitness is a pivotal driver for the Global Health and Fitness Club Market Industry. As individuals become more conscious of their physical well-being, they are more inclined to invest in fitness memberships and services. This trend is particularly evident in urban areas where lifestyle diseases are prevalent. For instance, the market is projected to reach 106.7 USD Billion in 2024, reflecting a growing inclination towards healthier lifestyles. The emphasis on preventive healthcare and fitness is likely to continue, further propelling the demand for health and fitness clubs.

    Diverse Fitness Offerings

    The diversification of fitness programs and services is a significant driver in the Global Health and Fitness Club Market Industry. Clubs are increasingly offering a variety of classes, such as yoga, pilates, high-intensity interval training, and group fitness sessions, catering to different demographics and preferences. This variety not only attracts a wider audience but also encourages member retention. As clubs adapt to the evolving fitness landscape, they are likely to see sustained growth. The anticipated compound annual growth rate of 8.63% from 2025 to 2035 underscores the importance of diverse offerings in meeting consumer demands.

    Market Growth Projections

    The Global Health and Fitness Club Market Industry is poised for substantial growth, with projections indicating a market size of 106.7 USD Billion in 2024 and an anticipated increase to 265.2 USD Billion by 2035. This growth reflects a compound annual growth rate of 8.63% from 2025 to 2035, highlighting the industry's resilience and adaptability. The increasing demand for fitness services, coupled with evolving consumer preferences, suggests a robust future for health and fitness clubs globally. As the market expands, it is likely to attract new entrants and foster innovation, further enriching the fitness landscape.

    Technological Advancements

    Technological innovations are transforming the Global Health and Fitness Club Market Industry, enhancing user experiences and operational efficiencies. The integration of wearable fitness technology, mobile applications, and virtual training sessions has made fitness more accessible and engaging. For example, many clubs now offer online classes and personalized fitness tracking, appealing to a broader audience. This trend is expected to contribute to the market's growth, with projections indicating a rise to 265.2 USD Billion by 2035. The adoption of technology not only attracts new members but also retains existing ones, thereby fostering a more robust fitness community.

    Increasing Disposable Income

    The rise in disposable income across various global regions is contributing to the expansion of the Global Health and Fitness Club Market Industry. As individuals experience higher income levels, they are more willing to allocate funds towards health and fitness memberships. This trend is particularly pronounced in emerging economies, where a growing middle class is seeking ways to enhance their quality of life. The financial capability to invest in fitness services is likely to drive market growth, as evidenced by the projected increase to 265.2 USD Billion by 2035. This economic shift is pivotal in shaping consumer behavior towards fitness.

    Market Segment Insights

    Health and Fitness Club Market Facility Insights

    Based on facility, the Health and Fitness Club Market is segmented into aerobic classes, yoga classes, swimming pools, gym equipment, and others. The gym equipment is segmented into free weight, cardiovascular equipment, and others. The growth of the facility segment is driven by various factors, including rising health awareness, increasing prevalence of obesity among the global population, rising prevalence of cardiovascular diseases, growing awareness of health and wellness among consumers, and the rise in popularity of online yoga courses. Further, increasing awareness and health consciousness among obese people is increasing the demand for fitness services.

    Health and Fitness Club Market Trainer Type Insights

    Based on trainer type, the Market for Health and Fitness Club has been segmented into personal training, group training, and self training. Personal training held the largest market share in 2023 because it involves one-on-one sessions with the certified trainer and assists individual to achieve their fitness goal. Further, self training is anticipated to register the highest CAGR from 2023 to 2032 due to factors such as flexibility and convenience, technological integration, cost effectiveness and accessibility.  

    FIGURE 2: HEALTH AND FITNESS CLUB MARKET, BY TYPE, 2023 & 2032 (USD BILLION)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Health and Fitness Club Market End User Insights

    Based on end user, the Health and Fitness Club Market has been segmented into men and women. Men held the largest market share in 2023 because of their high participation rates in sports and fitness competitions. Moreover, women are anticipated to register the highest CAGR from 2023 to 2032 due to increasing health awareness, including cardiovascular, mental wellness, and bone density. Also, diverse fitness preferences such as dance workouts, yoga, and pilates.

    Health and Fitness Club Market Membership Type Insights

    Based on membership type, the health and fitness club market is segmented into monthly and annual. The monthly segment held the largest market in 2023, which was driven by shorter commitment periods and preferences for flexibility. However, yearly membership is anticipated to register the highest CAGR during the forecast period due to factors such as cost effectiveness, the trend towards sustainable fitness commitments, and the desire for financial savings among health-conscious consumers.

    FIGURE 3: HEALTH AND FITNESS CLUB MARKET, BY REGION, 2023 & 2032 (USD BILLION)

    By region, the study segments the market into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The North American health and fitness club market accounted for the largest market share of over 43.41% in 2023, owing to the strong cultural emphasis on fitness and wellness in the US and Canada. The trend of health-conscious and fitness club lifestyles among the population of the population of the region has increased the growth of the North American health and fitness club industry due to strong consumer demand for premium fitness facilities and services. 

    Further, the major countries studied are: The US, Canada, Brazil, Germany, France, the UK, Italy, Spain, China, India, Japan, South Korea, and Australia.

    FIGURE 3: HEALTH AND FITNESS CLUB MARKET, BY REGION, 2023 & 2032 (USD BILLION)

     Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Health and Fitness Club Market Research Report — Global Forecast till 2032

    Regional Insights

    By region, the study segments the market into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The North American health and fitness club market accounted for the largest market share of over 43.41% in 2023, owing to the strong cultural emphasis on fitness and wellness in the US and Canada. The trend of health-conscious and fitness club lifestyles among the population of the population of the region has increased the growth of the North American health and fitness club industry due to strong consumer demand for premium fitness facilities and services. 

    Further, the major countries studied are: The US, Canada, Brazil, Germany, France, the UK, Italy, Spain, China, India, Japan, South Korea, and Australia.

    FIGURE 3: HEALTH AND FITNESS CLUB MARKET, BY REGION, 2023 & 2032 (USD BILLION)

    HEALTH AND FITNESS CLUB MARKET, BY REGION, 2023 & 2032

     Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    The Europe health and fitness club market is expanding due to the rising awareness of the importance of physical activity and a healthy lifestyle, rising disposable income levels, and shifting consumer preferences toward maintaining a fit and active lifestyle. Furthermore, there has been a growing emphasis on wellness and self-care, with more people prioritizing their physical and mental health. There is an increase in the number of regularly active fitness practitioners, fitness club usage shows the most positive development among fitness settings, and fitness club users frequently use digital workout planning tools to organize their fitness club visits.

    Furthermore, the Germany market for health and fitness club held the largest market share in 2023 and is the fastest growing market in the Europe region.

    The Asia-Pacific health and fitness club market is rapidly growing due to the growing middle class and increasing health awareness in China. Moreover, the IHRSA Global Report 2022 reported that the Chinese market, with 27,600 clubs and nine million members, is an important player in strengthening ties across the global fitness industry. Furthermore, rising disposable income in countries like India and growing awareness of health and fitness are driving the demand for fitness clubs in India.

    Moreover, in Asia-Pacific region, China health and fitness club industry held the largest market share in 2023 and India health and fitness club market is the fastest growing market during the forecast period.

    Key Players and Competitive Insights

    The global health & fitness club market is distinguished by the presence of numerous global, regional, and local players catering to health & fitness clubs. Furthermore, the increasing awareness about the importance of leading a healthy lifestyle and maintaining fitness levels, rising disposable income and changing lifestyles lead to an increase in spending on health clubs is further driving the growth of the global health & fitness club market during the forecast period. The major players have adopted a strategy of obtaining regulatory approval from government agencies for their products and signing contracts and agreements to broaden their market reach.

    Equinox Fitness Club (US) serves as a leisure sports center. The company offers fitness services, wellness treatments, and group exercise courses. Equinox offers classes in studio cycling, yoga, pilates, martial arts, and aquatic workouts. It has approximately 100 sites around the world, including the US and the UK, among others. Furthermore, the company established in New York City, has planned to open its first Philadelphia location in the fall of 2024.

    Key Companies in the Health Fitness Club Market market include

    Industry Developments

    December 2023: The Bay Club Company (US) announced that it had acquired PRO Club Inc (US). The acquisition will result in the addition of more fitness spaces, improving the club experience for its members and marking a major turning point in the company's expansion throughout the Pacific Northwest.

    October 2023: Life Time, Inc. (US) has acquired the Arden Hills Athletic & Social Club Property located in Sacramento (US).  As a result of this sale, Lifetime will carry on the incredible legacy of the facility and look forward to its next chapter of unrivaled programming, service, and community.

    January 2023: Life Time, Inc. (US) expanded to establish Life Time Midtown in New York City.  Life Time Midtown provides the most luxurious boutique studios and training areas, as well as large and individual group programs and pool experience.

    Future Outlook

    Health Fitness Club Market Future Outlook

    The Global Health and Fitness Club Market is projected to grow at an 8.63% CAGR from 2024 to 2035, driven by increasing health awareness, technological advancements, and innovative fitness solutions.

    New opportunities lie in:

    • Develop personalized fitness programs leveraging AI and data analytics.
    • Expand virtual fitness offerings to capture remote clientele.
    • Invest in wellness integration, combining fitness with mental health services.

    By 2035, the market is expected to be robust, reflecting a dynamic evolution in health and fitness engagement.

    Market Segmentation

    Health and Fitness Club Market End User Outlook

    • Men
    • Women

    Health and Fitness Club Market Facility Outlook

    • Free Weight
    • Cardiovascular Equipment
    • Others

    Health and Fitness Club Market Regional Outlook

    • US
    • Canada
    • Mexico

    Health and Fitness Club Market Trainer Type Outlook

    • Personal Training
    • Group Training
    • Self Training

    Health and Fitness Club Market Membership Type Outlook

    • Monthly
    • Annually

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 8.78 billion
    Market Size 2024 USD 106.71 billion
    Market Size 2032 USD 211.20 billion
    Compound Annual Growth Rate (CAGR) 7.88% (2024-2032)
    Base Year 2023
    Forecast Period 2024-2032
    Historical Data 2019 to 2022
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Facility, Trainer Type, End User, Membership Type, and Region
    Geographies Covered North America, Europe, Asia Pacific, South America, and Middle East & Africa
    Countries Covered The US, Canada, Brazil, Germany, France, the UK, Italy, Spain, China, India, Japan, South Korea, Australia.
    Key Companies Profiled 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), Self Esteem Brands, LLC (US), among others
    Key Market Opportunities ·         Increasing incidences of chronic conditions across the globe
    Key Market Drivers ·         Increasing health awareness among people ·         Rising disposable income and changing lifestyles leading to an increased spending on health clubs

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    How much is the Health and Fitness Club Market?

    The Health and Fitness Club Market is anticipated to reach 211.20 billion by 2032 at a CAGR of 7.88% during the forecast period of 2023-2032.

    How big is the US health and fitness club market?

    The US held 84.43% share of the North America for health and fitness club market in 2023.

    What is the growth rate of the Health and Fitness Club Market?

    The Health and Fitness Club Market is expected to grow at a 7.88% CAGR during the forecast period from 2023 to 2032.

    Which region held the largest market share in the Health and Fitness Club Market?

    The North America region market held the largest market share in Health and Fitness Club Market.

    Who are the key players in the Health and Fitness Club Market?

    The key players include 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), Self Esteem Brands, LLC (US), among others.

    Which facility led the Health and Fitness Club Market?

    The gym equipment of facility segment led the Health and Fitness Club Market in 2023.

    Which trainer type had the largest market share in the Health and Fitness Club Market?

    Personal training segment had the largest market in 2023 with a market share around 44.72%.

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