fitness industry statistics 2020
According to the latest IHRSA report, total industry revenue was $96.7bn in 2019, up from $94bn in 2018. Pete McCall, MS, CSCS, is an ACE Certified Personal Trainer and long-time player in the fitness industry.
The global fitness app market was valued at USD 3.28 billion in 2020 and is expected to grow at a CAGR of 22.1% during 2021 - 2029 Fitness App Market Size, Growth & Value - Industry Report, 2021 - 2029
While 2020 will be a challenging year, the global health and fitness club industry will continue to recover as the industry reopens and is positioned well to prosper in the years to come." The top 10 markets worldwide account for nearly three out of four health club members (73%) and roughly two-thirds of facilities (64%). The US market size for personal trainers reached $9 billion in 2017. 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. Global Gym Membership Statistics The number of gyms in the world sits at 210,00, but U.S. gyms bring in the most revenue and members, according to the IHRSA 2020 report . The global fitness app market size was valued at USD 4.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 21.6% from 2021 to 2028. Wellness real estate is a $134 billion global market in 2017, projected to grow to $198 billion in 2022. Here are ten of the most notable trends to have emerged during the year. The spread of the COVID-19 pandemic resulted in nationwide lockdowns and social distancing norms. Below are important fitness statistics that show why fitness is a multi-billion dollar industry. By Jayam Vora. According to the healthy trends in 2020, the mineral&thermal spring industry was valued at $56.2 billion in 2017 with about 1.8 million workers.
May 2020 National Industry-Specific Occupational Employment and Wage Estimates NAICS 713940 - Fitness and Recreational Sports Centers 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 . Is the fitness industry growing? The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.3% CAGR for the Period of 2020-2027 The Sports & Fitness Clothing market in the U.S. is .
Breakdown of participation by gender, age group, education, geographic region, & household income. 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].
In 2020, there were 2,578,000 male pickleball participants. The top gym is Planet Fitness with 14,400 members in 2019.
It is projected to reach 102,148 in 2021 (IBIS World, 2020). Companies such as Adidas, Nike, and Fitbit, Inc. accounted for most of the global fitness app market share in 2020. The 2020 worldwide survey of fitness trends is now in its 14th consecutive year. That's a lot of gym memberships! The global home fitness equipment market is expected to grow from $6.76 billion in 2019 to $9.49 billion in 2020 at a compound annual growth rate (CAGR) of 40.4%. Agriculture. 2019-20 estimates seen in 'Australian industry by division' and 'Australian industry by subdivision' data cubes are comparable with 2018-19 estimates. In 2020, the revenue from the Gym, Health & Fitness Clubs industry is $32.5 billion. Almost Overnight, the $100 Billion Fitness Industry Goes Virtual For thousands of exercise brands both big and small, the pivot to streaming is a huge risk they have to take. The global fitness tracker market size was USD 36.34 billion in 2020. Get up to speed on any industry with comprehensive intelligence that is easy to read. 18 in 2019, and no.
Unfortunately, in 2020 it had to file Chapter 11 and close around 144 locations. For example . On top of that, the health and fitness clubs in the US have more than 184 gym members in total.. 6. 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 . Tax preparation is BIG business - there were 300k people employed at 109k firms in 2012 - generating $9 billion in revenue in 2012.
Before MyFitnessPal, anyone attempting to cut calories or monitor intake had to do it the old fashioned way, with a notebook and pen. Likewise, Town Sports International had to shut down over 100 sites.
Whether you specialize in strength training, spin classes, or hiit training; every fitness professional needs to keep on top of the latest trends to stay relevant. For obvious reasons, most people who had any sort of fitness routine were forced to . 3. Wearable technology like those of smartwatches, cameras, fitness trackers, heartbeat monitors, and more have hit a peak in 2020. Trends in the Fitness Industry.
Finally, the US fitness industry (together with health clubs and gyms) had a total of $27.8 billion in revenue in 2017. Originally, co-founder Mike Lee built the app as a way to track his weight before his wedding, but started working on it full-time after interest from friends and family. Global wearables statistics in 2020: Over the years, the wearables market has been gradually growing with the rise in demand. January 07, 2020.
Companies that dominate the health and fitness club industry are also in the US. . In 2020, the number of fitness industry businesses in the US was at 100,164, down from the previous year's 103,492. Overall, industry revenue is expected to grow at an annualised 3.8% over the five years through 2019-20, to $2.9 billion. The US gym industry had 36,540 health clubs/gyms and 57.3 million members in 2016.
These 2020 numbers represent a drop of 4.7% from the previous . What is the market size of the Gym, Health & Fitness Clubs industry in the US? 16. In 2018, the International Health, Racquet, & Sportsclub Association (IHRSA) estimated the total revenue of the fitness industry across the globe at $94 billion. 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. Why The Fitness Industry Is Booming. An overall industry decline of 13.20% is expected during the pandemic. It has witnessed tremendous growth since 2017 by 4.9% and is expected to generate more than $77 billion in revenue in 2022. Some fitness fads come and go while others stay. 19 for 2021. The jewelry and personal luxury goods industry submitted a decrease of 35% to 39% in 2020. Keep on Running: Fitness Stats by Type of Exercise. 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. This is a trend in the fitness industry to pursue regulation of fitness professionals such as personal trainers and exercise physiologists. Yoga was ranked #14 in a list of top 20 worldwide fitness trends for 2020. The fitness industry, particularly brick-and-mortar gyms were among the hardest hit at the onset of COVID-19. Industry market research reports, statistics, analysis, data, trends and forecasts. The U.S. athletic apparel market is the largest in the world. Fitness Trend Predictions 2020; An Overview of the Fitness Industry. China is at the top when it comes to demand for gold jewelry. Based on our analysis, the global market exhibited a stellar growth of 19.5% in 2020. How big is the fitness industry? It wasn't just people who had to pivot in 2020—the fitness industry as a whole did as well. It's a small industry! (IHRSA) These fitness industry statistics are unfortunate, and the industry employee count dropped from 3.2 million to 1.8 million.
[IHRSA - 2021] In the U.S., the gym industry faces a 7.2% growth rate in 2021. Top Ten Fitness Industry Statistics for 2021. Statistics reveal that the global fitness and health club industry generates over 80 billion U.S dollars in revenue per year. Trends and opportunities in the Indian fitness market for 2020. This ranking is lower compared to its #7 ranking in 2019. In its seventh edition, the 2020 Europe Active European Health & Fitness Market Report presents the most comprehensive analysis of the European health and fitness industry to date.
Fitness Supplements Industry Analysis and Market Research Report . Market Outlook 2021-2026: The Indian sports and fitness goods market reached a value of US$ 1,796 Million in 2020. The Oura Ring, a wearable fitness and sleep tracker in the form of a ring. Some of the most popular chains earning a large portion of this revenue include 24 Hour Fitness, Bally Total Fitness, LA Fitness, Planet Fitness, Snap Fitness, Curves Fitness, Anytime Fitness, World Gym and Gold's Gym. There will be several notable trends that will emerge and gain prominence within the fitness industry. 44% of the fitness industry workforce lost their jobs in 2020. Electronics & Communication. In 2019, fitness tech was already the leading fitness industry trend. 15 in 2020 before settling in at no. Most of the trends on the list are broad categories of workouts. The US market size for personal trainers reached $9 billion in 2017. According to the U.S. Bureau of Labor Statistics the number of personal training jobs in the United States is slated to grow about 10 percent until 2026. 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. However, a decline in income over the past five years has limited the industry's expansion. Tax Preparation Industry Analysis 2020 - Cost & Trends. 44% of the fitness industry workforce lost their jobs in 2020. Fitness Equipment Industry; Analysis & Summary; 2022 Industry Report . Even though it has been an industry with tremendous growth in the last 10 years, the gym industry is predicted .
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. It goes without saying that 2020 has been a tough year but the fitness industry is resilient. Industry Trends. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Overall, 2019 was a year of abundance for the fitness industry. Fitness Industry Council of Canada (FIC) is the not-for-profit trade association that represents the voice of fitness facility operators across Canada.
Global revenue last year amounted to $94 billion. 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.. With these numbers considered, the industry is on track to enlist about 230 million members by 2030.
Some of the largest health clubs worldwide . home; about; classroom training. 11.2) 2.
US Fitness Industry: Market size & Growth. Automotive & Transportation.
We are severely lacking scuba diving industry statistics and even more, . The Amusement and Other Recreation Activities industry has also seen a gradual rise in employment levels over the same period, followed by significant decline in 2020 and increases predicted by 2024. Most Popular Ways to Stay Active - Workout Statistics
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