United States Health and Fitness Club Market Introduction and Overview
According to SPER Market Research, the United States Health and Fitness Club Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the United States Health and Fitness Club Market, including market size and trends, product mix, distribution channels, and supplier analysis. Health and fitness clubs are businesses that combine the use of a recreational facility and a group exercise centre to provide physical exercise. The millennial and younger generations' increasing inclination toward fitness, health, and wellness brands contributes to the market's optimistic growth prospects. This generation prioritizes physical activity, mental health, and a healthy diet as part of a holistic approach to health and wellbeing. These are regarded as the generation that is health-conscious and contributes significantly to the operational income of the fitness and wellness sectors. Anytime Fitness unveiled the AF App and AF Smart Coaching technology. According to the company, this app gives users the ability to attain and sustain a variety of health and fitness benefits.
Market Opportunities and Challenges
Opportunities: The growing number of health clubs and gyms offering outstanding services like the newest exercise equipment and personal training sessions is drawing members in and is expected to keep growing over the coming years. The emergence of health and fitness clubs in the United States can be attributed to a number of major concerns among the populace, including the prevalence of chronic diseases, obesity, and unhealthy eating habits. The growing public awareness of the importance of leading a healthy lifestyle is one of the main reasons behind the notable growth and opportunities in the US health and fitness club industry.
Challenges: Increased Preference for Home Workouts Due to High Membership Costs Impede Market Growth Lower-class consumers' desire for health and fitness clubs can be severely hampered by their expensive membership costs. Additionally, since most of these clubs charge quarterly or monthly dues, fewer people with tight budgets or financial limitations will be able to attend them. In addition, a lot of people prefer to work out or exercise at home with simple equipment and workout videos because of time constraints and expensive membership fees. To stay fit and healthy, many people are also choosing non-traditional options like running, rock climbing, hiking, dieting, and cycling, which is having a negative impact on the trends in the global health and fitness club market.
Market Competitive Landscape
The market for Health and Fitness Club in United States is fragmented. Anytime Fitness, Crunch Fitness, Curves International, Equinox Fitness, Gold's Gym, John Reed Fitness, Others are the some major market players.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Service Type
|
Regions covered | Eastern Region, Western Region, Northern Region, Southern Region
|
Companies Covered | Anytime Fitness, Crunch Fitness, Curves International, Equinox Fitness, Gold's Gym, John Reed Fitness, Others
|
COVID-19 Impact on United States Health and Fitness Club Market
The COVID-19 pandemic has had a major effect on the US market for health and fitness clubs. With lock downs, social distancing measures, and concerns about the spread of the virus, many health clubs were forced to temporarily close the doors or operate at limited capacity. Due to this, there was a noticeable drop in the number of people attending gyms, and people started turning to online and at-home fitness programs instead. Consumers' disposable incomes were impacted by the pandemic's economic challenges, which resulted in a shift in spending priorities.
Key Target Audience
- Fitness Enthusiasts
- Weight Management Seekers
- Beginners and Novices
- Busy Professionals
- Seniors
- Rehabilitation and Recovery
- Social Fitness Seekers
- Tech-Savvy Consumers
- Corporate Wellness Programs
- Sports and Athletes
Our in-depth analysis of the United States Health and Fitness Club Market includes the following segments:
By Service Type:
|
Membership Fees
Total Admission Fees
Personal Training and Instruction Service
|
By Region:
|
Eastern Region
Western Region
Southern Region
Northern Region
|
Key Topics Covered in the Report
- United States Health and Fitness Club Market Size (FY’2023-FY’2033)
- Overview of United States Health and Fitness Club Market
- Segmentation of United States Health and Fitness Club Market By Service Type (Membership Fees, Total Admission Fees, Personal Training and Instruction Service)
- Expansion Analysis of United States Health and Fitness Club Market
- Problems and Obstacles in United States Health and Fitness Club Market
- Competitive Landscape in the United States Health and Fitness Club Market
- Impact of COVID-19 and Demonetization on United States Health and Fitness Club Market
- Details on Current Investment in United States Health and Fitness Club Market
- Competitive Analysis of United States Health and Fitness Club Market
- Prominent Players in the United States Health and Fitness Club Market
- SWOT Analysis of United States Health and Fitness Club Market
- United States Health and Fitness Club Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Health and Fitness Club Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Health and Fitness Club Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Health and Fitness Club Market
7. United States Health and Fitness Club Market, By Service Type (USD Million)
7.1. United States Health and Fitness Club Market Value Share and Forecast, By Service Type, 2023-2033
7.2. Membership Fees
7.3. Total Admission Fees
7.4. Personal Training and Instruction Service
8. United States Health and Fitness Club Market Forecast, 2019-2033 (USD Million)
8.1. United States Health and Fitness Club Market Size and Market Share
9. United States Health and Fitness Club Market, By Service Type, 2019-2033 (USD Million)
9.1. United States Health and Fitness Club Market Size and Market Share By Service Type (2019-2026)
9.2. United States Health and Fitness Club Market Size and Market Share By Service Type (2027-2033)
10. United States Health and Fitness Club Market, By Region, 2019-2033 (USD Million)
10.1. United States Health and Fitness Club Market Size and Market Share By Region (2019-2026)
10.2. United States Health and Fitness Club Market Size and Market Share By Region (2027-2033)
10.3. Eastern Region
10.4. Western Region
10.5. Southern Region
10.6. Northern Region
11. Company Profile
11.1. Anytime Fitness
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Crunch Fitness
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Curves International
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Equinox Fitness
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Equinox Fitness
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Gold's Gym
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. John Reed Fitness
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Others
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.