Global Gym Membership Market Size study, by Type (Standard Membership, Premium Membership, Online Membership, Corporate Membership, Others), by Application (Personal Training, Group Fitness, Cardio and Weight Training, Physical Therapy, Sports Specific Training, Others), by Age Group (6 to 17 Years, 18 to 34 Years, 35 to 54 Years, 55 years and above) and Regional Forecasts 2022-2032
Global Gym Membership Market is valued approximately at USD 48.66 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.91% over the forecast period 2024-2032. Gym Membership refers to the industry that involves the sale of memberships and access to fitness facilities and services offered by gyms and fitness centers. It encompasses the business of providing individuals with access to workout equipment, group exercise classes, personal training, and other amenities for a specified period, typically through monthly or annual membership subscriptions. This market caters to individuals seeking to improve their physical fitness, health, and overall well-being by utilizing gym facilities and resources surge the gym membership market size.
The Global Gym Membership Market is driven by increasing emphasis on health and wellness has emerged as a significant driving factor behind the growing demand for the gym membership market. As more individuals become conscious of the role exercise and physical activity play in maintaining a healthy lifestyle, the demand for gym memberships has surged. Moreover, the prevalence of obesity and lifestyle-related ailments, including diabetes and cardiovascular conditions, has motivated people to take control of their well-being. Gyms provide a structured and convenient environment for individuals to work toward their fitness goals, contributing to the gym membership market growth. Furthermore, the rising demand for digital fitness solutions and online memberships, alongside the traditional gym services, is shaping the future landscape of the gym membership industry. However, the high cost of memberships and competition from home fitness solutions is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the Global Gym Membership Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in the marketplace. The regional market growth is driven by a high awareness of health and wellness, coupled with the presence of major market players. Furthermore, the market in Asia Pacific, is expected to grow at the fastest rate over the forecast period, owing to growing interest in fitness and lifestyle improvements in the region.
Major market player included in this report are:
Bev Francis Powerhouse Gym
Anytime Fitness Franchisor, LLC
Golds Gym Club Holding, LLC
Pure Barre
XSport Fitness
Crunch LLC
Dedicated SuperGym
Burn Boot Camp
F45 Training Holdings Inc
Planet Fitness, Inc
The detailed segments and sub-segment of the market are explained below:By Type
• Standard Membership
• Premium Membership
• Online Membership
• Corporate Membership
• Others
By Application
• Personal Training
• Group Fitness
• Cardio and Weight Training
• Physical Therapy
• Sports Specific Training
• Others
By Age Group
• 6 to 17 Years
• 18 to 34 Years
• 35 to 54 Years
• 55 years and above
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA
Years considered for the study are as follows:• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market
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