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Gym, Health & Fitness Clubs in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gym, Health & Fitness Clubs Market Research Report | NAICS 71394 | Apr 2015

Hit the gym: Rising health consciousness will continue driving growth in fitness club membership

IBISWorld’s Gym, Health & Fitness Clubs market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$33bn
Annual Growth 10-15
2.2%
Annual Growth 15-20
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Profit
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Employment
769,042
Businesses
162,481
Industry Analysis & Industry Trends

Gym membership has grown rapidly in the past five years as consumers have become increasingly health conscious, bolstering revenue for the Gym, Health and Fitness Clubs industry. However, the emergence of budget-conscious gym members has transformed the industry's landscape, and the provision of low-cost, contract-free memberships has hampered profitability among gyms unable to maintain high customer retention rates. Over the next five years, demographic changes are expected to expand the industry's potential market, and increased consumer spending will boost sales of higher-value services. As a result, industry revenue growth is projected to accelerate through 2020... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Gym, Health and Fitness Clubs is in the growth life cycle stage, because consumers continue to be interested in exercise to boost fitness and health. During the 10 years to 2020, industry value added (IVA), a measure of an industry's contribution to the overall economy, is expected to grow at an annualized rate of 1.7%. Comparatively, GDP is anticipated to grow at an average annual rate of 2.5% over the same period. Although the industry is growing at a slower pace than the overall economy, which typically indicates an industry in the mature life cycle stage, this trend can be attributed to slow growth during the five years to 2015... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gym, Health & Fitness Clubs Industry?

This industry operates fitness and recreational sports facilities that feature exercise and other active physical fitness conditioning or recreational sports activities, such as swimming, skating or racquet sports. Operators are also involved in facilities management and fitness instruction.

Industry Products
Merchandise sales Personal training servicesRoller and ice skating rink servicesFitness and recreational sport center servicesMembership feesSpa services
 
Industry Activities
Operating aerobic dance and exercise centers Operating athletic club facilities for physical fitness Operating body building studios for physical fitness Operating fitness centers, health clubs and gymsOperating recreational sports club facilities Operating ice or roller skating rinksOperating spas Operating squash, racquetball or tennis clubs Operating swimming pools


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