The gym and health clubs market is forecasted to grow by USD 20.58 bn during 2023-2028, accelerating at a CAGR of 3.91% during the forecast period. The report on the gym and health clubs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing number of baby boomers and millennials joining gyms, rise in number of fitness centers and health clubs, and increasing focus on fitness initiatives by government bodies and corporates.
Technavio's gym and health clubs market is segmented as below:
By Service
Membership fees
Personal training and instruction fees
Total admission fees
By Type
Private
Public
By Geographical Landscape
North America
APAC
Europe
Middle East and Africa
South America
This study identifies the integration of health and wellness services as one of the prime reasons driving the gym and health clubs market growth during the next few years. Also, the emergence of specialized and boutique gyms and growing personalization in the fitness industry will lead to sizable demand in the market.
The report on the gym and health clubs market covers the following areas:
Gym and health clubs market sizing
Gym and health clubs market forecast
Gym and health clubs market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gym and health clubs market vendors that include 24 Hour Fitness USA LLC, Bev Francis Powerhouse Gym, Chelsea Piers LP, ClubCorp USA Inc., Crunch LLC, David Lloyd Leisure Ltd., Diverse Retails Pvt. Ltd., Equinox Holdings Inc., Exos Works Inc., Life Time Inc., Metroflex Gym, Planet Fitness Inc., RSG Group GmbH, Scandinavian Fitness, Self Esteem Brands LLC, Temple gym, The Bay Clubs Co. LLC, UFC Gym, Virgin Active Ltd., and XSport Fitness. Also, the gym and health clubs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Service
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global gym and health clubs market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global gym and health clubs market 2018 - 2022 ($ billion)