Blueweave
United States Health And Fitness Club Market

United States Health And Fitness Club Market

United States Health and Fitness Club Market, By Type (Fitness Centers, Health Clubs, Specialty Fitness Studios, Yoga & Pilates Studios, Personal Training Studios); By Age (Up to 20 Years, 21–40 Years, 41–55 Years, Above 55 Years); By Service Offering (Strength Training, Cardio Training, Group Fitness Classes, Personal Training, Spa & Wellness Services, Nutrition Counseling), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: August 2024
  • Report ID: BWC24622
  • Available Format: PDF
  • Page: 200

Report Overview

Growing awareness about health and wellness, an increasing focus on managing rising obesity rates in the country and expanding elderly population are expected to drive United States Health and Fitness Club Market during the forecast period between 2024 and 2030.

United States Health and Fitness Club Market – Industry Trends & Forecast Report, 2030

United States Health and Fitness Club Market size was estimated at USD 37.81 billion in 2023. During the forecast period between 2024 and 2030, United States Health and Fitness Club Market size is projected to grow at a CAGR of 4.9% reaching a value of USD 52.66 billion by 2030. Prominent drivers of the market include the growing emphasis Americans place on their health, driven by heightened awareness of chronic diseases and the need for preventive care. As the focus on overall well-being intensifies, health and fitness clubs play a crucial role by offering structured pathways to achieve fitness goals, thereby fueling market growth. Modern health clubs cater to a diverse clientele by providing a wide array of amenities and personalized programs tailored to various fitness levels and preferences. This includes an extensive selection of group exercise classes, access to advanced equipment, and specialized facilities such as yoga studios and healthy eateries, all designed to attract individuals seeking customized fitness experiences. Additionally, technology is transforming the health and fitness industry with innovations like wearable trackers, virtual workout platforms, and mobile apps. These tools enhance member engagement by offering progress tracking, remote coaching options, and interactive training experiences that align with the digital habits of today’s fitness enthusiasts.

United States Health and Fitness Club Market

Health and Fitness Clubs – Overview

A health and fitness club is a facility that offers a range of exercise equipment, classes, and amenities aimed at enhancing physical fitness and overall health. These clubs provide members with access to cardio machines, strength training equipment, and group fitness classes such as yoga and spinning. Additionally, they often feature amenities like swimming pools, saunas, and personal training services. The primary purpose of these clubs is to enable individuals to engage in regular exercise routines tailored to their fitness goals, helping to improve cardiovascular health, muscle strength, flexibility, and mental well-being. Moreover, health and fitness clubs foster a sense of community, offering support, motivation, and education on healthy living, empowering members to achieve and maintain optimal fitness levels.

United States Health and Fitness Club Market

Growth Drivers

Rising Obesity Rates across United States

Rising obesity rates in the United States are significantly boosting the demand for health and fitness clubs. With obesity affecting over 40% of American adults and a growing number of children and adolescents, there is an increasing demand for structured fitness programs and facilities. Health and fitness clubs provide essential services to combat obesity by offering personalized exercise routines, advanced fitness equipment, and specialized classes that cater to various fitness levels. As more individuals seek to address obesity-related health issues such as heart disease, diabetes, and hypertension, the health and fitness club industry is experiencing substantial growth, driven by the urgent need for effective weight management solutions and healthier lifestyles.

Rapidly Aging Population

The growing elderly population in the United States is significantly boosting the demand for health and fitness clubs, as an increasing number of older adults seek to maintain their health and independence through regular physical activity. With the number of people aged 60 or older surpassing one billion globally and expected to reach one in five by 2045, the fitness industry is recognizing the need to embrace the concept of "active aging." This demographic shift presents a substantial opportunity for health clubs to cater to older adults by offering equipment, services, and programs tailored to their unique needs. By challenging outdated stereotypes of aging and focusing on promoting long-term health and independence, the health and fitness industry can tap into this expanding market segment and drive growth in the sector.

Challenges

High Membership Fees

High membership fees serve as a significant restraint on the growth of the United States health and fitness club market. These costs can deter potential customers, particularly those from middle- and low-income groups, from joining fitness clubs, limiting market expansion. As clubs increasingly offer premium services and amenities, the associated costs rise, making memberships less accessible. This financial barrier not only restricts customer acquisition but also affects member retention, as individuals may opt for more affordable alternatives, such as at-home workouts or budget-friendly gyms, further constraining market growth.

Impact of Escalating Geopolitical Tensions on United States Health and Fitness Club Market

Escalating geopolitical tensions among countries and spreading across regions could have a significant impact on the growth of the United States Health and Fitness Club Market. These tensions can lead to economic uncertainties, potentially affecting consumer spending on discretionary items such as gym memberships and fitness services. Additionally, trade disruptions might influence the availability and cost of fitness equipment and products. As geopolitical instability increases, consumers might prioritize essential expenditures over health and fitness, leading to a slowdown in market growth. Consequently, the health and fitness sector may face challenges in maintaining robust growth amid these global uncertainties.

United States Health and Fitness Club Market

Segmental Coverage

United States Health and Fitness Club Market – By Type

On the basis of type, United States Health and Fitness Club Market is divided into Fitness Centers, Health Clubs, Specialty Fitness Studios, Yoga and Pilates Studios, Personal Training Studios, and other (including recreational facilities) segments. The personal training studios segment holds the highest share in United States Health and Fitness Club Market by type. The influence of celebrities who often choose personal trainers has elevated the popularity of personal training, especially among affluent individuals. Additionally, boutique fitness studios offering smaller class sizes and high-quality personal trainers cater to those seeking a customized fitness experience, further fueling the growth of the personal training segment. The emphasis on personalization and focused attention has significantly boosted engagement and adherence to fitness routines, solidifying the dominance of personal training studios in the market.

United States Health and Fitness Club Market – By Age

Based on age, United States Health and Fitness Club Market is divided into Up to 20 Years, 21–40 Years, 41–55 Years, and above 55 Years segments. The 2140 years segment holds the highest share in United States Health and Fitness Club Market by age, driven by their strong desire for a healthy lifestyle and heightened health consciousness. People in age group of between 21 and 40 years prioritize fitness and values social connections, often gravitating towards cities for better opportunities and improved futures. The rising disposable income and lifestyle changes among this age group have significantly contributed to the growth of the gymnasium industry. Additionally, individuals aged 21 to 40 are highly focused on their appearance and actively seek ways to enhance their physique, finding health and fitness clubs ideal for achieving their aesthetic goals. The convenience of gym locations and flexible workout hours also appeal to this busy age group, further solidifying their dominance in the market.

United States Health and Fitness Club Market Size

United States Health and Fitness Club Market – By Service Offering

Based on service offering, United States Health and Fitness Club Market is divided into Strength Training, Cardio Training, Group Fitness Classes, Personal Training, Spa and Wellness Services, and Nutrition Counseling segments.

Competitive Landscape

Major players operating in United States Health and Fitness Club Market include Anytime Fitness, Crunch Fitness, Curves International, Equinox Fitness, Gold's Gym, John Reed Fitness, Life Time Group Holdings, Inc., Fitness Connection, and Snap Fitness. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

Revenue in USD Billion

Market Coverage

United States

Product/ Service Segmentation

Type, Age, Service Offering

Key Players

Anytime Fitness, Crunch Fitness, Curves International, Equinox Fitness, Gold's Gym, John Reed Fitness, Life Time Group Holdings, Inc., Fitness Connection, Snap Fitness

 

By Type

  • Fitness Centers

  • Health Clubs

  • Specialty Fitness Studios

  • Yoga & Pilates Studios

  • Personal Training Studios

By Age

  • Up to 20 Years

  • 21–40 Years

  • 41–55 Years

  • Above 55 Years

By Service Offering

  • Strength Training

  • Cardio Training

  • Group Fitness Classes

  • Personal Training

  • Spa & Wellness Services

  • Nutrition Counseling

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. United States Health and Fitness Club Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Drivers
        1. Increasing health consciousness
        2. Rising obesity rates in US
        3. Growing aging population
      2. Restraints
        1. High membership fees
        2. Competition from home workouts
        3. Lack of time
      3. Opportunities
        1. Expansion of niche fitness segments
        2. Integration of technology
        3. Focus on mental health
      4. Challenges
        1. Retaining members
        2. Attracting new members
        3. Rising operational costs
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. United States Health and Fitness Club Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
        1. Fitness Centers
        2. Health Clubs
        3. Specialty Fitness Studios
        4. Yoga & Pilates Studios
        5. Personal Training Studios
        6. Others (recreational facilities)
      2. By Age
        1. Upto 20 Years
        2. 2140 Years
        3. 4155 Years
        4. Above 55 Years
      3. By Service Offering
        1. Strength Training
        2. Cardio Training
        3. Group Fitness Classes
        4. Personal Training
        5. Spa & Wellness Services
        6. Nutrition Counseling
        7. Others (Swimming Pools, Racquetball Courts)
  5. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. South Africa Insurance Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  6. Impact of Escalating Geopolitical Tensions on United States Health and Fitness Club Market
  7. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
    1. Anytime Fitness
    2. Crunch Fitness
    3. Curves International
    4. Equinox Fitness
    5. Gold's Gym
    6. John Reed Fitness
    7. Life Time Group Holdings, Inc.
    8. Fitness Connection
    9. Snap Fitness
    10. Other Prominent Players
  8. Key Strategic Recommendations
  9. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

 

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

List of Figures

 

Figure 1       United States Health and Fitness Club Segmentation                           

Figure 2       United States Health and Fitness Club Market Value Chain Analysis                         

Figure 3       Company Market Share Analysis, 2023                  

Figure 4       United States Health and Fitness Club Market Size, By Value (USD Billion), 2019–2030                    

Figure 5       United States Health and Fitness Club Market Share, By Type, By Value, 2019–2030                                                 

Figure 6       United States Health and Fitness Club Market Share, By Age, By Value, 2019–2030 

Figure 7       United States Health and Fitness Club Market Share, By Service Offering, By Value, 2019–2030

 

List of Tables

 

Table 1        United States Health and Fitness Club Market Size, By Value (USD Billion), 2019–2030

Table 2        United States Health and Fitness Club Market Share, By Type, By Value, 2019–2030

Table 3        United States Health and Fitness Club Market Share, By Age, By Value, 2019–2030

Table 4        United States Health and Fitness Club Market Share, By Service Offering, By Value, 2019–2030

Table 5        Anytime Fitness Company Overview

Table 6        Anytime Fitness Financial Overview

Table 7        Crunch Fitness Company Overview

Table 8        Crunch Fitness Financial Overview

Table 9        Curves International Company Overview

Table 10      Curves International Financial Overview

Table 11      Equinox Fitness Company Overview

Table 12      Equinox Fitness Financial Overview

Table 13      Gold's Gym Company Overview

Table 14      Gold's Gym Financial Overview

Table 15      John Reed Fitness Company Overview

Table 16      John Reed Fitness Financial Overview

Table 17      Life Time Group Holdings, Inc. Company Overview

Table 18      Life Time Group Holdings, Inc. Financial Overview

Table 19      Fitness Connection Company Overview

Table 20      Fitness Connection Financial Overview

Table 21      Snap Fitness Company Overview

Table 22      Snap Fitness Financial Overview

Market Segmentation

No data available
No data available

To request a free sample copy of this report, please complete the form below.

We value your investment and offer free customization with every report to fulfil your exact research needs.

Note: Please share the corporate email address for faster response

This website is secure and your personal details are safe.

Frequently Asked Questions (FAQs):

Ans: United States Health and Fitness Club Market size by value was estimated at USD 37.81 billion in 2023.
Ans: United States Health and Fitness Club Market is expected to grow at CAGR of 4.9% period between 2024 and 2030.
Ans: By 2030, United States Health and Fitness Club Market size is forecast to reach a value of USD 52.66 billion.
Ans: The growth of United States Health and Fitness Club Market is primarily driven by increasing health consciousness, rising obesity rates in US, growing aging population
Ans: Key players in United States Health and Fitness Club Market include Anytime Fitness, Crunch Fitness, Curves International, Equinox Fitness, Gold's Gym, John Reed Fitness, Life Time Group Holdings, Inc., Fitness Connection, and Snap Fitness.
Ans: The personal training studios segment is expected to grow at the fastest CAGR in United States Health and Fitness Club Market by type during the forecast period between 2024 and 2030.
array(1) {
  ["__ci_last_regenerate"]=>
  int(1732250650)
}