According to recent market research by the CMI Team, there will be an 8.5% CAGR in the size of the global health and fitness club market from 2024 to 2033. In 2023, the market size is projected to reach a valuation of USD 104.56 Billion. By 2033, the valuation is anticipated to reach USD 231.38 Billion.
Health and Fitness Club Market: Overview
According to industry experts at CMI, a health and fitness club is a facility that offers numerous equipment and health services intended to better human life. The health and fitness club market is being driven by several factors, including increasing health awareness among different demographics and increasing disposable income.
Moreover, the integration of advanced technology drives industry growth. Furthermore, the growing innovation in several equipment including treadmills, cycling and others influence the expansion of the health and fitness club industry over the forecast period. However, the high membership cost and seasonal membership trends hamper the market expansion during the forecast period.
Health and Fitness Club Market: Growth Factors and Dynamics
Growing urbanization and sedentary lifestyles
The increasing awareness regarding the adverse health impacts of sedentary lifestyles among urban people includes the prevalence of obesity, heart disease and mental health disorders. Fitness club memberships are growing due to this awareness, as people look for fitness centers to make up for their daily exercise.
Additionally, urban people are more likely to adopt sedentary lifestyles due to the majority of desk jobs and long commutes. With flexible hours and locations that suit hectic schedules, fitness clubs are becoming a more popular option for this group looking to add movement and physical activity to their daily routines. Thus, the growing urbanization and sedentary lifestyles boost the health and fitness club market.
Focus on mental health and stress relief
The growing focus on mental health and stress relief by health and fitness clubs is expected to influence the market growth as people opt for mental therapy.
The health and fitness clubs offer several mind-body sessions encouraging focus, mindfulness, and relaxation, attracting members who want physical and mental fitness. This strategy offers comprehensive support to individual overall health, which draws a bigger customer base and encourages member loyalty.
High operational and maintenance cost
The high operating and maintenance costs of health and fitness clubs pose a major challenge for the health and fitness club market due to the high maintenance cost of equipment such as treadmills and cycling. The high expense of maintaining this equipment can lower the club’s profit margins.
Additionally, the high payouts of the health and fitness clubs for professionals such as teachers, trainers and maintenance professionals restrain the market.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 104.56 Billion |
| Projected Market Size in 2033 | USD 231.38 Billion |
| Market Size in 2023 | USD 102.34 Billion |
| CAGR Growth Rate | 8.5% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Age Group and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your research requirements. |
Health and Fitness Club Market: New Launches and Acquisitions
- In April 2023, Anytime Fitness introduced the AF App and AF SmartCoaching technologies.
List of the prominent players in the Health and Fitness Club Market:
- 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
- EXOS
- Others
The Health and Fitness Club Market is segmented as follows:
By Type
- Personal Training
- Group Training
- Self-Training
By Age Group
- Up to 20 Years
- Between 20 and 40 Years
- 40 to 55 Years
- Over 55 Years
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America