Fitness Industry Growth

In the midwest genesis health clubs added to their 45 club business by embarking on a multimillion dollar project that included a world class aquatic center baseball diamonds soccer fields a pre school and a brand new luxury health club.

Fitness industry growth. Here are some key facts and stats that provide a quick fitness industry overview how big is the fitness industry. The 30 billion health and fitness industry in the u s. In revenue terms the fitness industry growth rate is 8 7 globally. Is the fitness industry growing.

With a global growth rate of 8 7 we re seeing positive signals that the fitness industry will continue to grow. Adapting and incorporating that technology will determine who will be successful in the future of the fitness industry. Published an article in which it estimated the global fitness industry s growth rate which was 2 6 in 2018 while the revenue was 83 1 billion. Global market growth global markets continue on an upward trend from club revenue to number of facilities according to the 2019 ihrsa global report.

Fitness industry growth in 2018. Expected gym memberships in us. Fitness trends are changing and technology is playing an increasing role. Gym health fitness clubs in the us industry outlook 2020 2025 poll average industry growth 2020 2025.

X x lock purchase this report or a membership to unlock the average company profit margin for this industry. Worldwide the industry saw membership grow to a record high 183 million users revenue totaling an estimated 94 billion and club count exceeding 210 000. Us fitness market size. With fitness trackers topping the trend charts for 2019 and boutique fitness booming more than ever the fitness industry is an ever changing landscape.

If you ve recently joined a gym started a new fitness program or have finally built your dream home gym then you ve contributed to the 8 7 growth the world has seen in the health and fitness industry this year. If anything it s. On this trajectory the fitness market is set to hit 106 billion in 2020. Here are 11 new fitness industry statistics market trends and growth for 2020.

Clubs and suppliers of all sizes experienced growth in 2018 particularly by expanding their brands. Has been growing by at least 3 4 annually for the last ten years and shows no signs of slowing down anytime soon. There is an increased demand for us gym memberships in the last five years which caused a rage in the growth rate of the industry.