The global fitness and recreational sports centers market is expected to continue witnessing growth over the next five years, owing to the surge in middle class population, shift in consumer preference toward better health and increase number of people suffering from obesity. 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. The growing equipment and facility spaces in fitness clubs such as such as hot yoga studios, high altitude training rooms, metabolic testing equipment, medical exercise areas and day spas is gaining popularity among the consumers and henceforth bolstering the growth of the market for fitness and recreation sports centers.
In terms of type, the global fitness and recreational sports centers is categorized into gymnasiums, yoga, aerobic dance, racquet sports, skating, swimming and others. Among the types, the gymnasiums accounted for majority of the global market in 2020. The growth of the gymnasiums category is majorly attributable to factors such as the availability of various fitness equipment under one roof. Moreover, most of the gymnasiums have fitness trainers for the members which is also having a positive impact on the market for fitness and recreational sports.
Regionally,
The key players in the global fitness and recreational sports centers market have strategically focused on expansion to gain significant share in the market. Some of the major players in the global market are
Some of the leading players in the global fitness and recreational sports centers market are 24 Hour Fitness USA Inc., CrossFit Inc., Equinox Holdings Inc., Gold's Gym International Inc., Konami Holdings Corporation (Konami Sports Club), Life Time Inc., McFIT Global Group GmbH, Planet Fitness Inc., Town Sports International Holdings Inc. Virgin Active Limited etc.
Years considered for this report
Historical Years2016-2019
Base Year2020
Estimated Year2021
Forecast Period2022–2026
Objective of the Study
- To analyze and forecast the market size of global Fitness and Recreational Sports Centers market, in terms of value
- To classify and forecast global Fitness and Recreational Sports Centers market based on brush type, by distribution channel and regional distribution
- To identify drivers and challenges for global Fitness and Recreational Sports Centers market
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. In global Fitness and Recreational Sports Centers market
- To conduct the pricing analysis for global Fitness and Recreational Sports Centers market
- To identify and analyze the profile of leading players involved in the global Fitness and Recreational Sports Centers market
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of service providers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the service providers which could not be identified due to the limitations of secondary research. Market insights research analyzed the service offerings, distribution channels and presence of all major service providers across the globe.
Market insights research calculated the market size of global
Key Target Audience
- Fitness and recreational sports centers stakeholders
- Fitness and recreational sports centers end users
- Potential investors
- Organizations, forums and alliances related to fitness and recreational sports centers market
- Research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc. besides allowing them in strategizing investments and capitalizing on market opportunities.
