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

Global Health and Fitness Club Market Overview

Health and Fitness Club Market size was valued at USD 96.30 billion in 2023. The Health and Fitness Club industry is projected to grow from USD 106.71 billion in 2024 to USD 211.20 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.88% during the forecast period (2024 - 2032)

Increasing health awareness among people and rising disposable income and changing lifestyles leading to an increased spending on health clubs are major factors driving the Market for Health and Fitness Club.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Health and 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 more financial resources in population disposal, there is a high prioritization of their health and fitness, seeking out memberships to gyms, wellness centers, and fitness studios. Thus, increasing disposable income is one of the major driving factors for the Health and Fitness Club Market. Therefore, the increased awareness about the health benefits and rising disposable incomes underscore a robust trajectory for the market. These are not only influencing the demand for accessible fitness solutions but also fueling cultural shifts towards prioritizing physical wellbeing.  

Health and Fitness Club 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, MRFR 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.

Health and Fitness Club Market 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)

 Source: Secondary Research, Primary Research, MRFR 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.

Health and Fitness Club Market Key Market Players & 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 and Fitness Club Market includes.

• 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)

Health and Fitness Club 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.

Health and Fitness Club Market Segmentation

Health and Fitness Club Market Facility Outlook

• Aerobic Classes


• Yoga Classes


• Swimming Pool


• Gym Equipment
  
  
  
  • Free Weight
  
  
  • Cardiovascular Equipment
  
  
  • Others
  
  
  
  


• Others

Health and Fitness Club Market Trainer Type Outlook

• Personal Training


• Group Training


• Self Training

Health and Fitness Club Market End User Outlook

• Men


• Women

Health and Fitness Club Market Membership Type Outlook

• Monthly


• Annually

Health and Fitness Club Market Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • Japan
  
  
  • India
  
  
  • China
  
  
  • South Korea
  
  
  • Australia & New Zealand
  
  
  • Rest of Asia-Pacific
  
  
  
  


• South America
  
  
  
  • Argentina
  
  
  • Rest of South America
  
  
  
  


• Middle East & Africa
  
  
  
  • GCC Countries
  
  
  • Turkey
  
  
  • Northern Africa
  
  
  • Southern Africa
  
  
  • Rest of Middle East & Africa