Fitness and Recreational Sports Centers Market Trends [2031]

Segments - Global Fitness and Recreational Sports Centers Market by Types (Gymnasiums, Yoga, Aerobic Dance, Handball Sports, Racquet Sports, Skating, Swimming, and Others), Age Groups (Younger than 35 Years, Years 35-54, and 55 Years & Older), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2023-2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

The global fitness and recreational sports center market size was USD 113 Billion in 2022 and is likely to reach USD 173.80 Billion by 2031, expanding at a CAGR of 4.9% during 2023–2031. Fitness and recreational sports centers comprise establishments or facilities that have equipment for exercising and other active physical fitness conditioning activities such as skating, swimming, or racquet sports. Recreational sports are activities, in which the main purpose of the activity is participation, often have relevant goals of improving physical fitness, enjoyment, and social involvement.

Fitness and Recreational Sports Centers Market Outlook

Fitness and Recreational Sports Centers Market Trends, Drivers, Restraints, and Opportunities

Growing number of facilities and facility areas such as fitness clubs such as hot yoga studios, high altitude training rooms, metabolic testing equipment, medical training areas, and day spas are gaining popularity among consumers and boosting the number of fitness and recreational sports centers, which fuel the market.
Increasing participation by women is expected to drive the number of women-centric health club facilities, thereby boosting the market.
The growth of the global fitness and recreation sports center market is driven by factors such as rising middle class population, adoption of sports activities among consumer, and increased in obesity.
Increasing awareness regarding the benefits of a healthy and healthy life is expected to increase the number of people participating in gyms and recreational sports, thus boosting the fitness and recreational sports center market during the forecast period.
Growing prevalence of obesity, low bone density, and increase in incidences of osteoporosis has increased focus on health and well-being, thus fueling the market.
The availability of a variety of devices and personalized fitness training programs complement the growth of the market.
High investment costs, high membership fees, and sedentary lifestyles to open a fitness center are expected to hamper the market.
Growing youth population, surge in business innovation in emerging economies, and increasing number of acquisitions and expansions, are expected to create opportunities in the global market.

Scope of Fitness and Recreational Sports Centers Market Report

The report on the fitness and recreational sports center market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes	Details
Report Title	Global Fitness and Recreational Sports Centers Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016 & 2021
Forecast Period	2023–2031
Segmentation	Types (Gymnasiums, Yoga, Aerobic Dance, Handball Sports, Racquet Sports, Skating, Swimming, and Others), Age Groups (Younger than 35 Years, Years 35-54, and 55 Years & Older)
Regional Scope	Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
Report Coverage	Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
Key Players Covered in the Report	24 Hour Fitness; Equinox; Gold's Gym; Planet Fitness; Life Time Fitness; Town Sports International; Fitness First and Virgin Active; Konami Sports Club; McFit; and CrossFit Inc.

Fitness and Recreational Sports Center Market Segment Insights

Gymnasium segment to hold significant market share

Based on product types, the fitness and recreational sports center market is fragmented into gymnasiums, yoga, aerobic dance, handball sports, racquet sports, skating, swimming, and others. The gymnasiums segment accounted for a key share of the global market due to factors such as the availability of various fitness equipment under one roof. Moreover, most of gymnasiums have fitness trainers to guide members to gain best results, which in turn, is propelling the segment.

Fitness and Recreational Sports Centers Market Types

Younger than 35 years segment held substantial market share in 2020

On the basis of age groups, younger than 35 years, 35-54nyears, and 55 years & older. The younger than 35 years segment held a substantial share of the market in 2020 due to the growth in the youth population, surge in business innovation in emerging economies, and industrial acquisition and expansion, are expected to provide favorable opportunities in the global market. Highly focused cardio, dance/choreography, kickboxing, and cross-training activities are among the top five activities preferred by teenagers. Fitness club operators use this data to offer to complement their exercise goals and develop healthy lifestyle habits, taking into account the specific goals and needs of the youth. These factors drive the segment.

Asia Pacific dominated the global market

In terms of regions, the global fitness and recreational sports center market can be split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific dominated the global market. The fitness and recreation sports center market in Asia Pacific is expected to grow steadily during the forecast period due to the gradual increase in population and health problems, and increasing middle classes in the region. Additionally, increasing number of female participants is expected to propel the number of female-focused health clubs in the region, thereby driving market growth.

Fitness and Recreational Sports Centers Market Region

Segments

By Types

Gymnasiums
Yoga
Aerobic Dance
Handball Sports
Racquet Sports
Skating
Swimming
Others

By Age Groups

Younger than 35 Years
35-54 Years
55 Years & Older

By Regions

North America
Europe
Latin America
Asia Pacific
Middle East & Africa

By Key Players

24 Hour Fitness
Equinox
Gold's Gym
Planet Fitness
Life Time Fitness
Town Sports International
Fitness First and Virgin Active
Konami Sports Club
McFit
CrossFit Inc.

Competitive Landscape

Key players in the fitness and recreational sports center market include 24 Hour Fitness; Equinox; Gold's Gym; Planet Fitness; Life Time Fitness; Town Sports International; Fitness First and Virgin Active; Konami Sports Club; McFit; and CrossFit Inc. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.

Fitness and Recreational Sports Centers Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fitness and Recreational Sports Centers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Fitness and Recreational Sports Centers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Fitness and Recreational Sports Centers Market - Supply Chain
  4.5. Global Fitness and Recreational Sports Centers Market Forecast
     4.5.1. Fitness and Recreational Sports Centers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Fitness and Recreational Sports Centers Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Fitness and Recreational Sports Centers Market Absolute $ Opportunity
5. Global Fitness and Recreational Sports Centers Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Fitness and Recreational Sports Centers Market Size and Volume Forecast by Types
     5.3.1. Gymnasiums
     5.3.2. Yoga
     5.3.3. Aerobic Dance
     5.3.4. Handball Sports
     5.3.5. Racquet Sports
     5.3.6. Skating
     5.3.7. Swimming
     5.3.8. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fitness and Recreational Sports Centers Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Fitness and Recreational Sports Centers Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Fitness and Recreational Sports Centers Demand Share Forecast, 2019-2026
7. North America Fitness and Recreational Sports Centers Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Fitness and Recreational Sports Centers Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Fitness and Recreational Sports Centers Market Size and Volume Forecast by Types
     7.4.1. Gymnasiums
     7.4.2. Yoga
     7.4.3. Aerobic Dance
     7.4.4. Handball Sports
     7.4.5. Racquet Sports
     7.4.6. Skating
     7.4.7. Swimming
     7.4.8. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Fitness and Recreational Sports Centers Demand Share Forecast, 2019-2026
8. Latin America Fitness and Recreational Sports Centers Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Fitness and Recreational Sports Centers Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Fitness and Recreational Sports Centers Market Size and Volume Forecast by Types
     8.4.1. Gymnasiums
     8.4.2. Yoga
     8.4.3. Aerobic Dance
     8.4.4. Handball Sports
     8.4.5. Racquet Sports
     8.4.6. Skating
     8.4.7. Swimming
     8.4.8. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Fitness and Recreational Sports Centers Demand Share Forecast, 2019-2026
9. Europe Fitness and Recreational Sports Centers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Fitness and Recreational Sports Centers Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Fitness and Recreational Sports Centers Market Size and Volume Forecast by Types
     9.4.1. Gymnasiums
     9.4.2. Yoga
     9.4.3. Aerobic Dance
     9.4.4. Handball Sports
     9.4.5. Racquet Sports
     9.4.6. Skating
     9.4.7. Swimming
     9.4.8. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Fitness and Recreational Sports Centers Demand Share Forecast, 2019-2026
10. Asia Pacific Fitness and Recreational Sports Centers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Fitness and Recreational Sports Centers Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Fitness and Recreational Sports Centers Market Size and Volume Forecast by Types
     10.4.1. Gymnasiums
     10.4.2. Yoga
     10.4.3. Aerobic Dance
     10.4.4. Handball Sports
     10.4.5. Racquet Sports
     10.4.6. Skating
     10.4.7. Swimming
     10.4.8. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Fitness and Recreational Sports Centers Demand Share Forecast, 2019-2026
11. Middle East & Africa Fitness and Recreational Sports Centers Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Fitness and Recreational Sports Centers Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Fitness and Recreational Sports Centers Market Size and Volume Forecast by Types
     11.4.1. Gymnasiums
     11.4.2. Yoga
     11.4.3. Aerobic Dance
     11.4.4. Handball Sports
     11.4.5. Racquet Sports
     11.4.6. Skating
     11.4.7. Swimming
     11.4.8. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Fitness and Recreational Sports Centers Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Fitness and Recreational Sports Centers Market: Market Share Analysis
  12.2. Fitness and Recreational Sports Centers Distributors and Customers
  12.3. Fitness and Recreational Sports Centers Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. 24 Hour Fitness
     12.4.2. Equinox
     12.4.3. Gold's Gym
     12.4.4. Planet Fitness
     12.4.5. Life Time Fitness
     12.4.6. Town Sports International
     12.4.7. Fitness First and Virgin Active
     12.4.8. Kona