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, 2021-2028
The global fitness and recreational sports center market is anticipated to expand at substantial CAGR during the forecast period, between 2021 and 2028. 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.
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 the 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 | 2020 |
| Historic Data | 2018 & 2019 |
| Forecast Period | 2021–2028 |
| 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.
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.
Segments
Segments Covered in the Report
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.
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 (000’ 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
Segments Covered in the Report
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.
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.
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