fitness industry growth 2019


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  • 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:

  • 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.

  • What are the top fitness tech trends in 2019?

    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.

Latest Fitness Industry Statistics

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

Gym & Health Club Industry

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

Boutique Fitness Trends

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

Current Industry Trends

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

Virtual & Online Fitness Stats

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

Fitness Industry Growth Markets

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

Fitness Equipment Industry Stats

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

Fitness Industry Analysis

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

2024 Fitness Industry Report

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

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