[PDF] fitness industry report 2019

How much money did the fitness industry make in 2019?

Overall, 2019 was a year of abundance for the fitness industry. In May, The IHRSA Global Report found that the global industry revenue totaled $94 billion and, as a result, health clubs are on pace to reach 230 million members by 2030. But revenue and membership numbers aren’t where the story ends.

Is the fitness industry going down?

The other segments experiencing growth were wearable fitness trackers (up 63.8% from 2019 - 2021) and fitness apps (up 65.2% from 2019 - 2021). Meanwhile, the boutique fitness industry has experienced the greatest decline, dropping 58.3% in 2020 and still down 51.2% by the end of 2021.

How big will the fitness industry be by 2028?

With other segments in the industry experiencing growth, it is expected that the gym industry will only account for 30% of the fitness industry’s revenue by 2028 (131.9 billion in revenue). The two major segments taking up more of the market share are:

How have health and fitness clubs impacted the industry?

The orders by public health authorities to close health and fitness clubs several times have had a profound effect on the industry. The consulting firm Deloitte estimates that clubs in Europe lost 15.4 percent of their members, or more than 10 million people, even when closures were relatively brief.