Health and Fitness Club Market Research Report Information by Facility (Aerobic Classes, Yoga Classes, Swimming Pool, Gym Equipment [Free Weight, Cardiovascular Equipment, and Others], and Others), by Trainer Type (Personal Training, Group Training, and S

Health and Fitness Club Market Research Report Information by Facility (Aerobic Classes, Yoga Classes, Swimming Pool, Gym Equipment [Free Weight, Cardiovascular Equipment, and Others], and Others), by Trainer Type (Personal Training, Group Training, and Self Training), by End User (Men and Women), by Membership Type (Monthly and Annually) and by Region (North America, Europe, Asia-Pacific, South America, and Middle East & Africa) – Industry Forecast till 2032

In 2023, the health and fitness club market was estimated to be worth USD 96.30 billion. The Health and Fitness Club sector is expected to expand at a compound annual growth rate (CAGR) of 7.88% from USD 106.71 billion in 2024 to USD 211.20 billion by 2032.

The market for health and fitness clubs is primarily driven by reasons such as changing lifestyles that result in higher expenditure on health clubs, greater disposable income, and improved health awareness among consumers.

As more individuals realize how important it is to maintain a healthy lifestyle and be fit, the market for health and fitness clubs is expanding. Low-cost, comprehensive fitness solutions are in increasing demand as more individuals become aware of the issue. About one-third of Europeans who are 18 years of age and older participate in aerobic physical activity that promotes health, according to the European Commission. Additionally, fitness campaigns around the world are raising awareness of healthy lifestyle choices, which is driving up demand for things like gym memberships, aerobic programs, and swimming pools. To improve their health and wellness, Americans of all ages were urged by the American Physical Therapy Association to adopt an active lifestyle. As a result, the market is expanding due to growing public awareness of the benefits of physical activity for both physical and mental health, as indicated by the figures.

Insights on Market Segments
The health and fitness club market is divided into categories based on the type of facility, such as gym equipment, aerobic and yoga programs, swimming pools, and others.
The market has been divided into three segments based on the type of trainer: self-training, group training, and personal training.
The market for health and fitness clubs has been divided into male and female segments based on the end user.
The market is divided into monthly and annual segments based on the type of membership.

Localized Perspectives
Because exercise and wellbeing are highly valued in the US and Canada, the health and fitness club industry in North America held the biggest market share in 2023—more than 43.41%. Due to the increasing demand from customers for high-end fitness facilities and services, the region's population is becoming more health-conscious and adopting fitness club lifestyles, which has accelerated the rise of the North American health and fitness club business.

The growing awareness of the value of physical activity and a healthy lifestyle, rising levels of disposable income, and changing consumer preferences toward maintaining an active and fit lifestyle are all contributing to the growth of the health and fitness club industry in Europe. Additionally, as more individuals prioritize their physical and mental health, there is an increasing emphasis on wellness and self-care.

The expanding middle class and rising health consciousness in China are driving the fast growth of the Asia-Pacific health and fitness club industry. Furthermore, with 27,600 clubs and nine million members, the Chinese market is a significant contributor to fortifying links within the global fitness industry, according to the IHRSA Global Report 2022.

Principal Players
CLUB4 Fitness (US), GOLD'S GYM (US), Life Time, Inc. (US), CrossFit, LLC (US), The Bay Club Company (US), Equinox (US), Crunch Fitness (US), Basic-Fit (Netherlands), Planet Fitness Inc. (US), and Self Esteem Brands, LLC (US) are some of the major players in the health and fitness club industry.