Global Health and Fitness Club Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Health and Fitness Club Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Service Type (Membership Fees, Total Admission Fees, and Personal Training and Instruction Services), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Health and Fitness Club Market was valued at USD 108,300.4 million in 2023 and is expected to reach USD 279,857.6 million by 2031 while growing at a CAGR of 12.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global health and fitness club market growth. A health and fitness club, commonly known as a gym, is a facility offering services and amenities for physical exercise, health improvement, and fitness training. These clubs provide diverse fitness activities and equipment to help individuals reach their wellness goals. While sizes and services vary, they generally offer exercise options, professional guidance, and community support.
The growth of the health and fitness club market is fueled by increasing awareness of physical fitness importance alongside rising obesity rates and related health concerns. However, challenges such as high membership fees and lack of accessibility and convenience may hinder market expansion.
Furthermore, the global health and fitness club industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Service Type Analysis
The Global Health and Fitness Club Market is segmented among Membership Fees, Total Admission Fees, and Personal Training and Instruction Services, based on Service Type. In 2023, Membership Fees accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Health and Fitness Club Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Planet Fitness Inc., Town Sports International Holdings Inc., UFC GYM, Crunch Fitness, The Bay Club Company, Gold's Gym International Inc., Equinox Holdings Inc., 24 Hour Fitness USA Inc., Self Esteem Brand, and EXOS.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Health and Fitness Club Market Dynamics
Drivers
Restraints
Opportunity
4. Global Health and Fitness Club Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Health and Fitness Club Market Segmentation, By Service Type
Global Health and Fitness Club Market Share Analysis, By Service Type
Global Health and Fitness Club Market Growth Analysis, By Service Type
Global Health and Fitness Club Market Trends, By Service Type
o Membership Fees
o Total Admission Fees
o Personal Training and Instruction Services
6. Global Health and Fitness Club Market Segmentation, By Region
Global Health and Fitness Club Market Share Analysis, By Region
Global Health and Fitness Club Market Growth Analysis, By Region
Global Health and Fitness Club Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
7. Competitive Landscape
Planet Fitness Inc*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Town Sports International Holdings Inc.
UFC GYM
Crunch Fitness
The Bay Club Company
Gold's Gym International Inc.
Equinox Holdings Inc.
24 Hour Fitness USA Inc.
Self Esteem Brand
EXOS
*Similar analysis will be provided for each company listed above.