Fitness and Recreational Sports Centers Market Report by Type (Gymnasiums, Yoga, Aerobic Dance, Handball Sports, Racquet Sports, Skating, Swimming, and Others), Age Group (35 and Younger, 35-54, 55 and Older), End User (Men, Women), and Region 2024-2032
The global fitness and recreational sportscentersmarket size reached US$ 118.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 174.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.28% during 2024-2032.
Market Size in 2023
US$ 118.5 Billion
Market Forecast in 2032
US$ 174.8 Billion
Market Growth Rate (2024-2032)
Fitness and recreational sports centers offer opportunities for physical and recreational activities in a safe and inclusive environment. They comprise spas, saunas, steam baths, swimming pools, tennis courts, playground equipment, and exercise, entertainment, or athletic facilities. They reduce reliance on healthcare and other costly social services by providing local facilities to individuals for enhancing personal health and wellness. They provide a convenient way to decrease the risk of various diseases and improve physical and mental health. In addition, they assist in building strong social bonds and improving social interaction, volunteerism, and civic pride in communities by providing natural spaces, arenas, and playing fields.
Fitness and Recreational Sports Centers Market Trends:
At present, there is a rise in the prevalence of obesity among the masses due to sedentary lifestyles and the consumption of high-calorie and -fat food products. This, along with the growing awareness about the benefits of fitness and recreational sports, represents one of the key factors driving the market. Besides this, governments of several countries are undertaking initiatives to promote personalized training programs for developing a healthy body and mind, which is contributing to the growth of the market. In addition, the increasing trend of recreational sports centers, such as aerobics, swimming, and gym, across the globe is offering lucrative growth opportunities to industry investors. Moreover, the rising incidence of osteoporosis due to diminished bone density and early bone loss is propelling the growth of the market. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce advanced devices that assist in losing weight and improving bone health and muscle mass. Additionally, regular exercise increases energy and stamina and reduces the risk of chronic diseases, which is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fitness and recreational sports centersmarket report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, age group and end user.
Breakup by Type:
Breakup by Age Group:
35 and Younger
55 and Older
Breakup by End User:
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 24 Hour Fitness USA LLC., CrossFit LLC., Curves International, David Lloyd Leisure, Fitness First, Konami Group Corporation, Life Time Inc., SUNY Cortland Recreational Sports, The Gym Group plc and Virgin Active (Virgin Group Ltd.).
Base Year of the Analysis
Type, Age Group, End User, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
24 Hour Fitness USA LLC., CrossFit LLC., Curves International, David Lloyd Leisure, Fitness First, Konami Group Corporation, Life Time Inc., SUNY Cortland Recreational Sports, The Gym Group plc and Virgin Active (Virgin Group Ltd.).
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Key Questions Answered in This Report
The global fitness and recreational sports centers market was valued at US$ 118.5 Billion in 2023.
We expect the global fitness and recreational sports centers market to exhibit a CAGR of 4.28% during 2024-2032.
The rising popularity of fitness and recreational sports centers, as they provide a convenient way to minimize the risk of developing lifestyle diseases and improve physical and mental health, is primarily driving the global fitness and recreational sports centers market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of various fitness and recreational sports centers.
Based on the type, the global fitness and recreational sports centers market has been segregated into gymnasiums, yoga, aerobic dance, handball sports, racquet sports, skating, swimming, and others. Among these, gymnasiums currently exhibit clear dominance in the market.
Based on the age group, the global fitness and recreational sports centers market can be bifurcated into 35 and younger, 35-54, and 55 and older. Currently, 35 and younger holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global fitness and recreational sports centers market include 24 Hour Fitness USA LLC., CrossFit LLC., Curves International, David Lloyd Leisure, Fitness First, Konami Group Corporation, Life Time Inc., SUNY Cortland Recreational Sports, The Gym Group plc, and Virgin Active (Virgin Group Ltd.).
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