Global Fitness Market Value

Rising awareness about health and well being among consumers is driving the market growth.

Global fitness market value. In 2018 the global health and fitness club industry generated estimated revenues of 94 billion u s. The statistic depicts the global market size of the health club industry from 2009 to 2018. Global health and fitness club market is projected to grow at a cagr of 7 8 during the forecast period. In terms of fitness market growth this is an increase of 9 million members since 2018 which demonstrates a strong performance.

The fitness app market by region has been segmented into north america europe asia pacific and the rest of the world. The most commonly used fitness equipment include treadmills elliptical stationary bicycles weightlifting machines strength building machines and others increase in prevalence of obesity and rise in health consciousness have majorly boosted the growth of the global fitness equipment market. 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. 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.

North america held the largest share of the market in 2019 with a market value of usd 16 82 billion. Global fitness app market by region 2019 source. The global health club market is worth approximately 94 billion with 210 000 clubs and over 183 million members worldwide.