fitness industry statistics
The first-ever IHRSA Think Tank provided an excellent platform for senior executive leaders to reimagine the future and assess the external factors that impact the industry. The over 27M monthly Google searches that led to an inability to discover fitness online, was due to 96% gyms/studios not having a website. Latest US Fitness Industry Size & Growth Market Statistics The changes have rocked the fitness industry, which was worth $94 billion in 2018, according to The International Health, Racquet & Sportsclub Association. ; In the USA, there were more than 6 billion gym visits to 41,370 facilities in 2019 (this excludes hotel gyms) [IHRSA 2020]. Gym Market Size, Growth & Trends. You've got new exercise equipment. 3. The health and wellness market in Canada will be worth US$20.6 billion in 2022. Fitness Trainers and Instructors - Bureau of Labor Statistics Between 2016 and 2021, Canada's fitness club market size ballooned by about 1.9% each year. Dur-ing the same period, the number of facili-ties and memberships grew by an average of 3.6% and 5.0%, respectively. Key Fitness Statistics. 11 Refreshing Fitness Industry Statistics - BrandonGaille.com Fitness App Market Statistics. The IHRSA also reported that the total revenue in the fitness industry reached $21.8 billion in 2012. The Fitness Landscape in Kuwait & the Middle East. Up-to-date fitness industry statistics are invaluable for business planning. Despite the economic downturn, the U.S. Department of Labor reports that the fitness industry is still growing and job opportunities are solid. How the Indian fitness industry is poised for massive ... The fitness industry in particular needs to address the idea of active aging by focusing on equipment and services that can help older adults optimize the opportunities offered by increased life expectancy. Industry Trends. What is the market size of the Gym, Health & Fitness Clubs industry in the US? The number of gym members is expected to reach 230 million by 2030. If you want to launch a new product, expand your range, or target a different segment, then market data can help you assess the viability of your idea.. IBISWorld's statistic shows that as of 2021 the market size of the Gym, Health & Fitness Clubs industry is $35.3bn an increase of 4.69% from 2020. Biohacking Goes Mainstream. Get more details on this report - Request Free Sample PDF The expanding virtual fitness market will spur the demand for high-quality fitness equipment that can be easily . The fastest growing age demographic that is utilizing the fitness industry are those aged 50 and older. Finally, the industry includes the wellness and spas market, covering everything from day spas and massage parlors to yoga and meditation. Here are some surprising fitness industry statistics, market trends, and growth rates. As of August 2020, Minnesota is the state with the most gym (571). Most Current Fitness Industry Statistics - Part 1 Licensure for fitness professionals first appeared as a fitness trend in 2018 when it was ranked #16. Until a few years ago, the fitness industry was dominated by a handful of large players, be it in terms of gyms and fitness centres or even fitness equipment. Press Release Fitness Tracker Market Trends Report 2021: Analysing Top Manufacturers, Production Cost and Growth Statistics Forecast 2027 Published: Oct. 25, 2021 at 4:34 a.m. Besides, certain economic factors such as growing per capita healthcare expenditure, developing healthcare infrastructure, and rising investment in the industry sector to expand innovative technologies are expected to boost the . According to the IHRSA (International Health, Racquet & Sportsclub Association), the $30 billion health and fitness industry in the U.S. has been growing by at least 3 - 4% annually for the last ten years and shows no signs of slowing down anytime soon. In 2018, the International Health, Racquet, & Sportsclub Association (IHRSA) estimated the total revenue of the fitness industry across the globe at $94 billion. Health and Fitness Marketing - Trends and Statistics for 2019. Here are a few boutique fitness trends and statistics. Below are important fitness statistics that show why fitness is a multi-billion dollar industry. Fitness Equipment Market size exceeded USD 10 billion in 2020 and is expected to expand at over 11% CAGR from 2021 to 2027.The global industry shipments are anticipated to cross 25 million units by 2027. Amazingly, the global wellness economy is half as large as the total global expenditures for health. The fitness trackers help them track their exercises, thus, propelling the demand for fitness monitoring products. Around the world Globally there are over 180,000 fitness clubs, estimated to have earned $84 billion from their 145 million members. The US fitness industry totaled $36billion in revenue in 2019, with franchises accounting for $4billion. 2. 4. The global fitness industry is worth $96.7 billion. The Bureau of Labor Statistics estimates that within the next decade, jobs within this industry will increase by 23%. Adapting and incorporating that technology will determine who will be successful in the future of the fitness industry. The fitness club industry in the US is flourishing. Between 2016 and 2019, an average annual revenue growth of 3.0% was achieved. This is why we put together this list of the 8 biggest fitness industry trends for 2021 to 2025. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. Small Group Personal Training. In recent years, players in the online fitness industry have involved in mergers & acquisitions and the creation of platforms for content, in order to attain a significant position. Boutique Fitness Industry Statistics [Infographic] The mainstream adoption of fitness has resulted in the exploding popularity of gyms, health clubs, and fitness centers. The fitness industry primarily consists of health clubs, fitness centres and gymnasiums. View Trends, Analysis and Statistics. Global sporting events such as the Olympics are also covered, alongside sports participation among the general public and its engagement with fitness and physical activity. IBISWorld's statistic shows that as of 2021 the market size of the Gym, Health & Fitness Clubs industry is $35.3bn an increase of 4.69% from 2020. 16 million people in the United States worked out for more than 100 days in the past year. Together, they brought in $24.2 billion in revenue last year, while around the globe, health clubs make about $75.7 billion in revenue each year. Industry Trends. Tom Richards. Post meta. If you need some extra motivation, here are a couple of statistics that show why investing in the fitness industry and a fitness studio is a great move. Cutting-edge fitness apps. Global Fitness Market Size Statistics In 2018, the global wellness economy was worth $4.5 trillion. There are 13,488 gyms and fitness clubs in Canada. The average American spends around $56 per month on dietary supplements. Number Of Gym Fitness Centers In Australia Statista. With an estimated $1.3B in revenue in 2017 across its collection of brands—including Equinox, SoulCycle, Blink Fitness, and Pure Yoga—Equinox has become synonymous with a bespoke fitness experience defined by brand, luxury . the coronavirus restricting gym capacity while shuttering some entirely, the traditional January spike in memberships has matched—and in some ways . It may include gyms and fitness centers, personal trainers, fitness equipment companies, food and supplement companies, orthotics, clothing . This trend expands the personal trainer's role from strictly one-on-one training to small group . Search reports, statistics & slideshows on Sports. The 2015 State of the UK Fitness Industry Report reveals that the UK health and fitness industry is in good health, it has more clubs, more members and a greater market value than ever before. Fitness industry statistics show the industry has been booming, worth $94 billion in 2018, according to the IHRSA. [1] The exercise equipment industry in Canada revenue is $843 million a year. Most Popular Ways to Stay Active - Workout Statistics Boutique fitness studios may be smaller than their commercial gym counterparts, but there's nothing small . The Boutique Fitness Industry Is Growing. According to the IHRSA (International Health, Racquet & Sportsclub Association), the $30 billion health and fitness industry in the U.S. has been growing by at least 3 - 4% annually for the last ten years and shows no signs of slowing down anytime soon. According to research by Ibis World, the health and fitness industry in the U.S. has been growing by leaps and bounds over the last five years. The 2019 report highlights that the industry, over the 12 month period to the end of March 2019, has seen increases of 2.9% in the number of fitness facilities, 4.7% in the number of members and 4.2% in market value. The Boutique Boom. Fitness industry growth in 2021 is 8%. The fitness industry in India is largely unorganised and lacks a definite structure to differentiate between diverse product and service segments. Fitness application is a software that can be downloaded on any mobile device, such as a smartphone or tablet. Fitness and Recreational Sports Centers employ 575,260 people in the United States with an average annual wage of $35,180. Additional Statistics of Interest. The rate of growth for members and market value is higher than last year across the public and private sectors. The Health Club Industry Active Aging Report, researched and written by Ray Algar of Oxygen Consulting, addresses opportunities created by . Fitness and recreational sports centers are the facilities, which have equipment for exercise and physical fitness conditioning activities. 6 Strategies for the Fitness Industry to Survive. 43.8% of gym-goers use nutrition supplements. Industry market research reports, statistics, analysis, data, trends and forecasts. Top Ten Fitness Industry Statistics for 2021. Shifting nutritional habits. Dublin, Feb. 22, 2019 (GLOBE NEWSWIRE) -- The "Indian Sports and Fitness Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to . ; The same IBISworld's report "Gym, Health & Fitness Clubs - US Market" revealed that there . One of the most tracked statistics in the fitness industry is g ym membership demographics. Here are the latest gym industry statistics that demonstrate its market size, growth, and trends… The health club market is worth $96.7 billion globally and has grown every year since 2008 [IHRSA 2020]. The fitness industry includes locker room equipment manufacturers. The number of fitness companies in the U.S. is 100-164, and the May 2020 pandemic laid the groundwork for a massive expansion of fitness and health industries around the world. There are currently 111,055 fitness businesses in the US and 9,997 fitness franchises. Some fitness fads come and go while others stay. Strong growth has been experienced by the fitness industry and this is expected to continue over the next five years. figures1 of the German fitness industry showed a sustained positive development. Wearable technology is the number one trend for 2021. Industry Trends. Fitness Industry 2021. 1. Heartening Statistics on Fitness Industry Compensation. Health and Fitness Marketing - Trends and Statistics for 2019. High-intensity interval training (HIIT) is at the top of the list of fitness trends for 2021. People are becoming more health conscious and, as a result, some fitness franchises are expanding every year. 06 Mar 2019. The U.S. exercise industry represents a $35 billion market that has grown faster than GDP over the past 20 years. 1 in every 8 people in the UK are members of a gym, an all-time penetration rate high of 13.7%. New survey data from wellness technology platform Mindbody reveals how the COVID-19 Pandemic is transforming the fitness industry. Here are 11 facts about the health and fitness industry that you'll want to know! This isn't huge in corporate terms, but with the way things are going, it's going to get bigger and really, really fast. Keep on Running: Fitness Stats by Type of Exercise. Get more details on this report - Request Free Sample PDF. The COVID pandemic has brought a slew of challenges to the industry, though, and despite health clubs trying their hardest to transition away from location-based business and into the online world, . Equinox Holdings, Inc. The fitness industry can attest. The market size of the global fitness and health club industry has been steadily increasing in recent years, exceeding 96 billion U.S. dollars in 2019. According to the Bureau of Labor Statistics, these fitness and recreational sports centers employed 533,200 people in 2014, and jobs are expected to grow 8% by 2024. [3] 1. The Gym Industry: Statistics of Gyms In the USA and Around The World Gym Membership by State. This is a trend in the fitness industry for more regulations of fitness professionals such as personal trainers. The growth in the fitness industry has been nothing short of incredible. Statistics reveal that the global fitness and health club industry generates over 80 billion U.S dollars in revenue per year. The average gym membership is between $40 and $60. The Fitness Industry Is Booming. Fitness Industry Statistics 2021 (Editor's Choice) The total market size of the global fitness club industry is over $87 billion. These national industry-specific occupational employment and wage estimates are calculated with data collected from employers of all sizes, in metropolitan and nonmetropolitan areas in every state and the District of Columbia, in NAICS 713940 - Fitness and Recreational Sports Centers. The market is consistently adding jobs. The top states with the highest number of gyms include Connecticut (272), Wisconsin (431), Iowa (232), and New Hampshire (97). 200 gym industry statistics 2021 47 pelling yoga statistics 2021 gyms reopening 46 67 of members won t the skeptic s to sports science the health and fitness market in. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. The report also stated that 30 million Indians will utilise fitness services in 2023. The world holds over 200,000 health and fitness clubs. Looking forward, IMARC Group expects the market to grow at a CAGR of 8.6% during 2021-2026. Finally, the US fitness industry (together with health clubs and gyms) had a total of $27.8 billion in revenue in 2017. Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics. How big is the fitness industry? Industry Statistics. This is a significant increase from the $20.3 billion made in 2010 by the industry. The Canadian gym market size climbed an unexpected 8% in 2021 despite the global COVID-19 pandemic. The State of Kuwait is the world's eighth biggest exporter and the tenth largest producer of oil with a small land mass of 20,000 square kilometers and 4.2 million population. Get up to speed on any industry with comprehensive intelligence that is easy to read. Global Home Fitness Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion This growth has been particularly evident in the rise of the boutique fitness studio. Fitness trends are changing and technology is playing an increasing role. For instance, In January 2021, CureFit acquired California-based company Onyx, which specializes in body tracking technology and personalization of workout feedback. The earnings of this industry are well above eighty billion, which is incredible considering the position that this industry previously held. 1,300 unique weight loss companies provide an additional $2 billion in revenues to the fitness industry every year. Online Fitness Market size surpassed USD 5 billion in 2019 and is poised to grow at a CAGR of over 30% from 2020 to 2026. The growth of the global fitness and recreational sports centers industry is driven by increase in youth population across the globe and shift in consumer preference towards better individual health. So the US is keeping moving in many different ways, with over 54 million registered health club members and even more doing exercise at home, people are choosing a variety of different ways to keep fit according to the latest health and fitness statistics.. The expansion of budget gym chains and After all, knowing what age group uses the gym most or which gender goes to the gym more is important because it can help business owners fine-tune their services according to the needs of their clientele. 3. Despite . Boutique fitness studios have long been considered a trend, but the numbers say they're here to stay. Since 2008, health club memberships rose by 10%, while the number of non-member patrons also increased by 5%. With tables and figures helping analyze worldwide Global Sports and Fitness Clothing market trends, this research provides key statistics on the state of the industry and is a valuable source of . The number matched the September figure, which was the lowest since 1969. New to this year's survey was the inclusion of potential new trends such as mind-body movement ( e.g., tai chi) and lifestyle medicine. View > Global Fitness Industry 2021‑2024 . Growth projections. ET Charlotte Quesnel. Generally, achieving great mental and physical health entails diving deep into the health and wellness industry. 1. High penetration of smartphones and tablets across all demographics has resulted in high adoption of fitness apps, which is a major factor that drives the growth of the market. The fitness and preventive healthcare industry is large and is growing exponentially. Back in 1936 in Oakland, California, a 22-year old fitness enthusiast . Get more details on this report - Request Free Sample PDF The expanding virtual fitness market will spur the demand for high-quality fitness equipment that can be easily . Pete McCall, MS, CSCS, is an ACE Certified Personal Trainer and long-time player in the fitness industry. Employment in the industry is expected to increase by 27% through 2016, a figure that's greater than the average for all professions, according . It includes the latest data on growth, current . As far as the US fitness industry is concerned, there was no precise pre-existing data available but on the basis of IBISWorld's report, the annual revenue for the fitness industry for the last 5 years was $34 billion with a growth rate of 2.8%. And more. Read More. This pain point isn't specific to the fitness industry: The U.S. Bureau of Labor Statistics reported in the November 2019 jobs report the unemployment rate was 3.5%. 1. Market Outlook 2021-2026: The Indian sports and fitness goods market reached a value of US$ 1,796 Million in 2020. Over the last 3 decades, the economy has been flourishing along with the world's demand for oil. Combing luxury health clubs with a collection of boutique fitness studios, Equinox Holdings is a force in the fitness industry. The US market size for personal trainers reached $9 billion in 2017. Fascinating Fitness Industry Statistics Canada (Editor's Choice) The Canadian fitness industry is worth US$4.4 billion. Rising Popularity of Fitness. August 26, 2020. Digital Fitness Industry 2021 Global Market Research report presents an in-depth analysis of the Digital Fitness market size, growth, share, segments, marketplace expanding, technological innovations, revenue and technologies, key trends, market drivers, price, cost structure, challenges and huge growth by leading Key Players- Samsung Electronics, Mirror, Azumio, Apple. What is the market size of the Gym, Health & Fitness Clubs industry in the US? Rely on our Market Intelligence platform to get the latest trends on the Fitness Industry and anticipate the future of the sector. Health And Fitness Industry Statistics Australia. Fitness Equipment Market size exceeded USD 10 billion in 2020 and is expected to expand at over 11% CAGR from 2021 to 2027.The global industry shipments are anticipated to cross 25 million units by 2027. The United States, Germany, and the United Kingdom have the highest number of fitness club memberships. There are 231,500 personal trainers employed in the United States alone. Top Ten Supplement Industry Statistics for 2021. [2] The exercise equipment industry in the United States is worth about $5.19 billion USD. The fitness space constantly changing. With this in mind, studies have shown that individuals who wish to attain this state must focus on developing good eating habits, alongside an active lifestyle where fitness holds top priority.. Additionally, research has shown that a state of perpetual mental and fitness wellbeing . Active European Health & Fitness Market Report presents the most comprehensive analysis of the European health and fitness industry to date. Some of the largest health clubs worldwide . It's now worth . Other trends were more specifically defined in the 2020 survey. The fitness industry is pulling the market for sports nutrition supplements upward by 9.1% annually. However, this is not the only reason for the boom. Why The Fitness Industry Is Booming. The median annual wage for fitness trainers and instructors was $40,510 in May 2020. General Gym Membership Statistics Gym membership demographics. He has been featured as an expert in the Washington Post, The New York Times, Los Angeles Times, Runner's World and Self.He holds a master's degree in exercise science and health promotion, and several advanced certifications and specializations with NSCA and NASM. According to several reports, over the past year, the industry has grown by an incredible 2.6% globally. The report contains current information on the major European fitness markets and club operators, recent merger and acquisition activities, as well as a chapter on the European fitness ecosystem. The page provides information and data on the Fitness sector, which is one component of the Sport, Fitness and Recreation industry. January . US Fitness Industry: Market size & Growth. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. ACSM's annual survey of worldwide fitness trends is now in its 14th year. Industry market research reports, statistics, analysis, data, trends and forecasts. 2. See the US Fitness industry statistics below. Home Fitness Equipment Market Regional And Country Analysis 5.1. The fitness industry in America has a current market value of $32bn with a 2019 revenue of $9bn. The history of the fitness industry in the past century or so has changed rapidly due to different innovations in both fitness and more importantly business. With new challenges for the fitness industry come new opportunities to collaborate and communicate. But this situation is changing gradually . The fitness industry includes any person, company, or entity that focuses on exercise, health, and overall maintenance of the body.
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