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 towards better health and increasing 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. Growing equipment and facilities in fitness clubs such as hot
yoga studios, high altitude training rooms, metabolic testing equipment and day
spas are gaining popularity among the consumers and thus bolstering the growth
of fitness and recreation sports centers.
In terms of type, global fitness
and recreational sports centers is categorized into gymnasiums, yoga, aerobic
dance, racquet sports, skating, swimming and others. Among these types,
gymnasiums accounted for majority of global fitness and recreational sports
centers market in 2018 owing to availability of various fitness equipment under
one roof. Moreover, most of the gymnasiums have fitness trainers which is
further contributing to the growth of this segment.
Regionally, global fitness and recreational sports
centers market is categorized into North America, Europe, Asia-Pacific, South
America and Middle-East & Africa. Among the regions, Asia-Pacific fitness
and recreational sports centers market is predicted to grow at a steady rate
throughout the forecast period on account of gradually rising health concerns
among people and increasing middle-class population in the region. Moreover, increasing
female participation is resulting in rising number of female centered health
club facilities in the region, thereby further fuelling growth in the market.
The key players in 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 24 Hour Fitness USA Inc.,
CrossFit Inc., Equinox Holdings Inc., Gold's Gym International Inc, among
others.
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze and forecast the market size of global fitness and
recreational sports centers market
- To classify and forecast global fitness and recreational sports
centers market based on type, by age group 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 pricing analysis for global fitness and recreational
sports centers market
- To identify and analyze the profile of leading players involved in global
fitness and recreational sports centers market
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Some of the leading players
in 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.
TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of service providers across the globe. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research could include the service
providers which could not be identified due to the limitations of secondary
research. TechSci Research analyzed the service offerings, distribution
channels and presence of all major service providers across the globe.
TechSci
Research calculated the market size of global fitness and recreational sports centers market using a bottom-up approach, wherein data for various application
across various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
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.
Report Scope:
In this report, global fitness and
recreational sports centers market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
- Market, By Type
- Gymnasiums
- Yoga
- Aerobic Dance
- Racquet Sports
- Skating
- Swimming
- Others
- Market, By
Age Group
- 30 years & younger
- 31 years–50 years
- 51 years & older
- Market, By
Region:
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Europe
- France
- Germany
- United Kingdom
- Italy
- Russia
- Netherlands
- North America
- United
States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South
Africa
- Saudi
Arabia
- UAE
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in global fitness and recreational
sports centers market.
Available Customizations
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect sales
channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
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be released soon. If you wish an early delivery of this report or want to
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