Market Overview:
The global fitness and recreational sports centers market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into yoga, aerobic dance, handball sports, racquet sports, skating, swimming and others. Yoga held a major share in 2016 owing to its health benefits such as weight loss and stress relief. Aerobic dance is also gaining popularity due to its health benefits such as improved cardiovascular health and increased energy levels. Handball sports are gaining popularity in Europe due to their fast-paced nature which makes them exciting to watch for spectators. On the basis of application, the market is segmented into aged 35 & younger, aged 35-54 and aged 55 & older segments respectively. Aged 35 & younger held a major share in 2016 owing to their growing demand for fitness activities across all age groups .
Product Definition:
A fitness and recreational sports center (FRSC) is a type of community center that offers a variety of exercise equipment and activities, as well as organized recreational sports leagues. FRSCs are important for two reasons. First, they provide residents with opportunities to get physically active, which can improve their overall health. Second, FRSCs help build strong communities by providing residents with social opportunities to meet new people and make friends.
Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027:
Global fitness and recreational sports centers market was valued at USD 6.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2021 to 2027. The rising number of health-conscious people, increasing disposable income, growing awareness about various sports and fitness activities are the major factors driving the global market for fitness & recreational sports centers.
Yoga:
According to the International Yoga Association, yoga has more benefits than just fitness. It helps in stress relief, improved concentration and balance, enhanced flexibility and mobility along with a better quality of life. The health benefits are expected to drive the market over the forecast period.
Global Yoga & it's usage in Fitness & Recreational Sports Centers Market Size, Share & Trends Analysis Report By Application (Fitness), By Region (North America: U.S.
Application Insights:
The aged 35 & younger segment accounted for the largest market share of over 40% in 2016. This is owing to the rising number of millennials, who are more inclined towards fitness and recreational sports activities. Furthermore, this age group also has a high disposable income which makes it easier to spend on fitness centers and other sports facilities. The aged 55 & older segment is expected to witness the fastest growth rate during the forecast period due to increasing health concerns among this demographic group coupled with an increase in their participation rates in outdoor activities such as golfing and hiking which provide better cardiovascular benefits compared to indoor activities such as aerobics or yoga classes.
Regional Analysis:
North America dominated the global market in 2018. The region is expected to retain its dominance over the forecast period. This growth can be attributed to increasing awareness regarding fitness and health, presence of a large number of gyms and fitness centers, rising health concerns due to hectic lifestyle coupled with high disposable income of consumers in developed economies including U.S., Canada, and Mexico. Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing penetration of international chains such as Equinox Fitness Clubs; however, regulatory scenario remains unfavorable for foreign investors which may hinder regional growth prospects in near future. Moreover, China has more than 700 million people who practice yoga which makes it one of the largest markets globally for this activity despite limited availability or knowledge about yoga studios/centers (as few as 1% have access).
Growth Factors:
- Increasing health awareness and the consequent rise in demand for fitness and recreational sports facilities.
- The growing popularity of outdoor activities such as hiking, camping, cycling, etc., which has led to an increase in the demand for related facilities and services.
- The increasing number of women who are taking up fitness activities, driving the growth of the women-specific fitness center market segment.
- The rising disposable income levels of consumers that is enabling them to spend more on health and fitness services/activities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fitness and Recreational Sports Centers Market Research Report
By Type
Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027, Yoga, Aerobic Dance, Handball Sports, Racquet Sports, Skating, Swimming, Others
By Application
Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027, Aged 35 & Younger, Aged 35-54, Aged 55 & Older
By Companies
Hour Fitness, Equinox, Gold's Gym, Planet Fitness, Life Time Fitness, Town Sports International, Fitness First and Virgin Active, Konami Sports Club, McFit, CrossFit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Fitness and Recreational Sports Centers Market Report Segments:
The global Fitness and Recreational Sports Centers market is segmented on the basis of:
Types
Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027, Yoga, Aerobic Dance, Handball Sports, Racquet Sports, Skating, Swimming, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027, Aged 35 & Younger, Aged 35-54, Aged 55 & Older
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hour Fitness
- Equinox
- Gold's Gym
- Planet Fitness
- Life Time Fitness
- Town Sports International
- Fitness First and Virgin Active
- Konami Sports Club
- McFit
- CrossFit
Highlights of The Fitness and Recreational Sports Centers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027
- Yoga
- Aerobic Dance
- Handball Sports
- Racquet Sports
- Skating
- Swimming
- Others
- By Application:
- Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027
- Aged 35 & Younger
- Aged 35-54
- Aged 55 & Older
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fitness and Recreational Sports Centers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fitness and recreational sports centers are facilities that offer a variety of activities such as aerobics, weightlifting, yoga, and martial arts. These centers often have swimming pools, basketball courts, racquetball courts, and other amenities.
Some of the major companies in the fitness and recreational sports centers market are Hour Fitness, Equinox, Gold's Gym, Planet Fitness, Life Time Fitness, Town Sports International, Fitness First and Virgin Active, Konami Sports Club, McFit, CrossFit.
The fitness and recreational sports centers market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fitness and Recreational Sports Centers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fitness and Recreational Sports Centers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fitness and Recreational Sports Centers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fitness and Recreational Sports Centers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fitness and Recreational Sports Centers Market Size & Forecast, 2020-2028
4.5.1 Fitness and Recreational Sports Centers Market Size and Y-o-Y Growth
4.5.2 Fitness and Recreational Sports Centers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027
5.2.2 Yoga
5.2.3 Aerobic Dance
5.2.4 Handball Sports
5.2.5 Racquet Sports
5.2.6 Skating
5.2.7 Swimming
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027
6.2.2 Aged 35 & Younger
6.2.3 Aged 35-54
6.2.4 Aged 55 & Older
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fitness and Recreational Sports Centers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fitness and Recreational Sports Centers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027
9.6.2 Yoga
9.6.3 Aerobic Dance
9.6.4 Handball Sports
9.6.5 Racquet Sports
9.6.6 Skating
9.6.7 Swimming
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027
9.10.2 Aged 35 & Younger
9.10.3 Aged 35-54
9.10.4 Aged 55 & Older
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027
10.6.2 Yoga
10.6.3 Aerobic Dance
10.6.4 Handball Sports
10.6.5 Racquet Sports
10.6.6 Skating
10.6.7 Swimming
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027
10.10.2 Aged 35 & Younger
10.10.3 Aged 35-54
10.10.4 Aged 55 & Older
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027
11.6.2 Yoga
11.6.3 Aerobic Dance
11.6.4 Handball Sports
11.6.5 Racquet Sports
11.6.6 Skating
11.6.7 Swimming
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027
11.10.2 Aged 35 & Younger
11.10.3 Aged 35-54
11.10.4 Aged 55 & Older
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027
12.6.2 Yoga
12.6.3 Aerobic Dance
12.6.4 Handball Sports
12.6.5 Racquet Sports
12.6.6 Skating
12.6.7 Swimming
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027
12.10.2 Aged 35 & Younger
12.10.3 Aged 35-54
12.10.4 Aged 55 & Older
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Global Fitness and Recreational Sports Centers Market Size Growth Rate by Sports Type: 2016 VS 2021 VS 2027
13.6.2 Yoga
13.6.3 Aerobic Dance
13.6.4 Handball Sports
13.6.5 Racquet Sports
13.6.6 Skating
13.6.7 Swimming
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Global Fitness and Recreational Sports Centers Market Share by Age: 2016 VS 2021 VS 2027
13.10.2 Aged 35 & Younger
13.10.3 Aged 35-54
13.10.4 Aged 55 & Older
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fitness and Recreational Sports Centers Market: Competitive Dashboard
14.2 Global Fitness and Recreational Sports Centers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hour Fitness
14.3.2 Equinox
14.3.3 Gold's Gym
14.3.4 Planet Fitness
14.3.5 Life Time Fitness
14.3.6 Town Sports International
14.3.7 Fitness First and Virgin Active
14.3.8 Konami Sports Club
14.3.9 McFit
14.3.10 CrossFit
