Gym, Health & Fitness Clubs in the US - Industry Market Research Report

Gym, Health & Fitness Clubs in the US - Industry Market Research Report

  • May 2020 •
  • 36 pages •
  • Report ID: 199181 •
  • Format: PDF
Working out: Increased time spent on leisure and sports will likely bolster industry demand

Abstract

Gym, Health & Fitness Clubs in the US
The Gym, Health and Fitness Clubs industry has benefited over the five years to 2019, primarily as a result of broad economic improvements and increased health-consciousness. Some gym, health and fitness clubs have appealed to consumers on the basis of convenience by offering low-cost memberships with full operational hours. Comparatively, niche studios have appealed to consumers by offering classes with specific workouts or environments. Many baby boomers are expected to sign up for health club memberships as they grow more health conscious due to their age. Furthermore, employers may subsidize gym memberships for their employees, while parents will continue to seek out fitness programs for their children as concerns regarding childhood obesity grow.

This industry operates fitness and recreational sports facilities that feature exercise and other active physical fitness conditioning or recreational sports activities, such as swimming, skating or racquet sports. Operators are also involved in facilities management and fitness instruction.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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