Global Fitness Market Size
But revenue and membership numbers aren t where the story ends.
Global fitness market size. Virtual fitness is the current trend of providing sessions on physical training exercises to people in groups through the internet. In terms of fitness market growth this is an increase of 9 million members since 2018 which demonstrates a strong performance. The global health club market is worth approximately 94 billion with 210 000 clubs and over 183 million members worldwide. 27 2020 at 8 21 a m.
It also includes market size and forecast by type and by application segment in terms of sales and revenue for the period 2015 2026. Fitness equipment market size valued at usd 12 billion in 2019 and is anticipated to grow at 4 cagr between 2020 and 2026 the global industry shipments are projected to exceed 14 million units by 2026. Global virtual fitness market is expected to reach a value of around usd 7 437 million by 2027 at a cagr of around 19 3 between 2019 and 2027. Competitive landscape and fitness and yoga mats market share analysis.
The fitness equipment market size was valued at 11 5 billion in 2019 and is expected to reach 15 2 billion by 2027 registering a cagr of 3 5 from 2020 to 2027. In may the ihrsa global report found that the global industry revenue totaled 94 billion and as a result health clubs are on pace to reach 230 million members by 2030. Global health and fitness club market is projected to grow at a cagr of 7 8 during the forecast period. Top 10 global markets membership health fitness club industry 2017 health fitness club companies by membership worldwide 2018 total number of members of health fitness clubs in north america.
Consumers are willing to spend more on health and fitness club with health aspect playing as a key role to drive the market growth across the world. Overall 2019 was a year of abundance for the fitness industry. At the start of each year we like to take a deeper look at the previous 12 months to take. Fitness and yoga mats market competitive landscape provides details and data information by players.