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:
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.
It’s no surprise that “Embracing fitness tech inside and outside the club” ranked first in our 2019 trends poll, with 24% of respondents choosing it as the top trend. Over the past 12 months, health clubs and suppliers have invested in a wide variety of technology, from virtual fitness offerings to artificial intelligence-driven solutions.
Here are top line stats that provide a quick fitness industry overview… 1. Industry Size– The global fitness industry is estimated to be worth $244bn. 2. Growth Rate– The fitness industry is growing at a rate of 5%-10% per year. 3. Key Segments– The biggest segments within the fitness industry are; gyms, studios, and health clubs; trackers and wear
The gym and health club marketis the largest segment within the fitness industry… 1. How big is the gym and health club industry? Total industry revenue is estimated to be $88.5bn in 2024. 2. Is the gym industry growing?Yes the industry is growing at around 7.5% per year but hasn’t yet recovered fully to its previous 2019 peak. 3. Will this trend c
The rise of boutique studioslooks set to continue throughout 2024 and beyond, albeit at a slower rate than previously seen. 1. Boutique fitness segment size– The boutique fitness segment is estimated to be worth $51.6bn. 2. Growth rate– The boutique fitness market is growing at around 7.6% per year. 3. Will this trend continue?Growth in the boutiqu
There are several fitness trends that have been consistent over recent years. Programs for older adults, exercise for weight loss, and a shift towards holistic wellnessall look set to stay for the foreseeable future. While 2021-2022 saw a wave of digital trends entering the fitness market (online and virtual training both made the top 10), 2023 and
Let’s start by clarifying the terms. Although sometimes used interchangeably, online, digital, and virtual refer to different (but related) fitness sectors. 1. Online– where consumers follow online workout guidance in the form of videos, blog articles, or programs. 2. Digital– fitness products and activities that involve digital technology, such as
So, which markets hold the greatest potentialfor the fitness industry? Well, despite its rapid expansion and an influx of investment, Asia still has huge potential for growth. The industry in India is seeing more premium playersenter the market but generally struggles to generate revenue outside of memberships. Despite 3800 clubs and nearly a milli
The fitness equipment industry was estimated to be worth $13.8bn in 2023 and growing at a rate of 3% per year. It continues to mature and consolidate, with the biggest players vying for podium positions. Although cardio and strength machines remain club staples, functional training equipment is seeing the greatest expansion at 47% growth per year
There’s no question that recent years were tough, but based on current stats the future of the fitness industry looks positive. As cardiovascular disease and the obesity epidemic continue to rise, the industry will play an increasingly important role in the health of global populations. Fitness businesses that adapt to meet this challengeshould fin
This is the most comprehensive and up-to-date industry research reportavailable. Unlike others, you get extended access to the 2024 edition, including any updates that are made as new market data becomes available. Ideal for business planning, the 90-page report includes; 1. Fitness industry revenue & growth by market segment 2. Gym market size, gr
European Health & Fitness Market Report 2019
As shown in the chapter on the leading operators the top 10 European fitness operators |
European Health & Fitness Market Report 2019
Market growth is again primarily driven by a. 4.6 % increase in the number of clubs across all countries driving a total increase in members of 3.5 % to. 62.2 |
European Health & Fitness Market Report 2019
Market growth is again primarily driven by a. 4.6 % increase in the number of clubs across all countries driving a total increase in members of 3.5 % to. 62.2 |
The fitness industry in the Baltic states
The fitness industry in the Baltic states I September 2019. 2. Content. Introduction are doing well with above EU average growth. |
European Health & Fitness Market Report 2021
The Ecosystem of the European Fitness Sector 2019. 28.15. 64.76. 18.88. Revenue Memberships. 2018 2019 2020 ... revenue growth of 3.0% was achieved. |
European Health & Fitness Market Report 2020
2 avr. 2020 In terms of revenue the European health and fitness market grew by 3.0% to. EUR 28.2 billion in 2019. In addition to the. |
FITNESS INDUSTRY GROWTH FITNESS JOBS GROWTH
Fitness industry's annual contribution to the Australian economy. 3.7%. 4.9% Total industry growth from 2014-2019. Expected annual growth from 2019-2024. |
FITNESS INDUSTRY
Orangetheory Fitness. Planet Fitness. Rumble Boxing. [solidcore]. FITNESS MARKET GROWTH. 2009. 2010. 2011. 2012. 2013. 2014. 2015. 2016. 2017. 2018. 2019. |
CREATING MARKETS IN MOROCCO
PRIVATE SECTOR GROWTH JOB CREATION AND SKILLS UPGRADING. Country Private Sector Diagnostic up nine places in the 2019 Doing Business ranking to. |
2019 Industry Skills Forecast Sport and Recreation IRC Web.pdf
range of sport and physical activity initiatives. The fitness industry is robust with revenue expected to reach $2.5 billion for the 2018–19 period. |
European Health & Fitness Market Report 2019 - Deloitte
At constant foreign exchange rates, the year- on-year growth rate was 3 4 Market growth is again primarily driven by a 4 6 increase in the number of clubs to 61,984 across all countries, driving a total increase in members of 3 5 to 62 2 million |
TRENDS THAT WILL AFFECT THE FITNESS INDUSTRY IN 2019
THE HEALTH CLUB INDUSTRY IN 2019 2019 FITNESS TRENDS BEING DRIVEN BY MILLENNIALS WEARABLES WILL CONTINUE TO GROW IN 2019 |
The Global Economy of Physical Activity - Global Wellness Institute
30 oct 2019 · Physical Activity Market Growth Projections: Market Size ($) and Average 2019 IHRSA Global Report: The State of the Health Club Industry |
THE FITNESS INDUSTRY - Flanders Investment & Trade
The fitness industry in the Baltic states I September 2019 The number of small fitness communities is growing, often with the help of social media, but there are |
The UK health and fitness industry in 2019 - CIL Management
Following another year of continued growth, the UK health and fitness industry provides attractive investment opportunities The market is worth c £5bn and has |
December 2019 - FIT Summit
1 déc 2019 · One of the key issues for growth has been expensive rents and the limited 2019 was a very challenging year for China's fitness industry |
WORLDWIDE SURVEY OF FITNESS TRENDS FOR 2019
30 oct 2018 · The results of this annual survey may help the health and fitness industry make some very important investment decisions for future growth and |
Health Club Management June 2019
1 jui 2019 · UK Fitness Industry Report from The Leisure Database Company Breaking the The market is holding up well in the face of growth in home |
FITNESS INDUSTRY - CBRE
In the District of Columbia, the fitness market has dramatically areas, the growth of the fitness market is six in 2009 (17 of total stock) to 52 as of June 2019 |
[PDF] European Health & Fitness Market Report 2019 - Deloitte
Market growth is again primarily driven by a 46 increase in the number of clubs across all countries, driving a total increase in members of 35 to 622 million In terms of revenue, the European health and fitness market grew by 12 to EUR 272 billion in 2018 |
[PDF] WORLDWIDE SURVEY OF FITNESS TRENDS FOR 2019
Oct 30, 2018 · fitness industry make some very important investment decisions for future growth and devel opment These important business decisions will |
[PDF] Move to be Well - Global Wellness Institute
Oct 30, 2019 · The global growth of the fitness industry plays an important role in 2019 IHRSA Global Report The State of the Health Club Industry |
[PDF] the fitness industry - Flanders Investment & Trade
The fitness industry in the Baltic states I September 2019 2 The current status of the Baltic fitness industry 2 are doing well, with above EU average growth |
[PDF] trends that will affect the fitness industry in 2019 - Michael Rucker
BY EDDIE TOCK, CEO OF REX ROUNDTABLES We have seen a lot of excitement and growth recently in the fitness industry It happened with boutique brands |
[PDF] The UK health and fitness industry in 2019 - CIL Management
Following another year of continued growth, the UK health and fitness industry provides attractive investment opportunities The market is worth c£5bn and has |
[PDF] December 2019 - FIT Summit
Dec 1, 2019 · One of the key issues for growth has been expensive rents and the limited 2019 was a very challenging year for China's fitness industry |
[PDF] fitness industry - CBRE
The fitness industry has seen remarkable growth in the District areas, the growth of the fitness market is six in 2009 (17 of total stock) to 52 as of June 2019 |
[PDF] International Fitness Industry Trend Report Whats All The - ClubIntel
Trends Yet to Jump the Chasm These tend to be the trends with the lowest levels of adoption, and concurrently, they have the greatest potential for growth |
[PDF] International Fitness Industry Trend Report Whats All The - ClubIntel
The study measured adoption and growth rates from 2013 to 2017 and 2016 to 2017 across multiple fitness categories, including equipment, facilities, programs , |