Delivered July 30, 2019. Contributor: Hillary O.
To understand the market size of the gym industry and the key leaders in market for a possible investment in a new gym concept.
The global market size of health clubs was about
in 2018. At the time, it was reported that there are over
health clubs globally with
174 million member
s up by
20 million members
Based solely on revenue, the largest health club operators worldwide include
LA Fitness ($2.1 billion)
Sports & Fitness ($2.02 billion
Fitness ($1.55 billion
24 Hour Fitness ($1.44 billion
Fitness ($1.45 billion)
Equinox ($1.3 billion
The largest fitness franchises include Planet Fitness,
The US has the
"world’s largest health
and wellness market." Its market size for health clubs is roughly
The US has the most health clubs worldwide with
39,570 health clubs
like 24 Hour Fitness in the country.
In the US alone, there are
gym members as of 2018 compared to
60.9 million i
US health clubs serve about
In the US, the largest gym chains are
Fitness, and 24 Hour Fitness.
A study done by IHRSA revealed than more than 1 in 5 Americans "belong to at least one U.S.
health club or studio."
Of note, the aforementioned data is specific to health clubs alone and does not factor in boutique studios,
and gym in hotels or other locations.
Only the project owner can select the next research path.
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