Global Fitness and Recreational Sports Centers Market 2023-2027

Global Fitness And Recreational Sports Centers Market 2023-2027
The fitness and recreational sports centers market is forecasted to grow by USD 88.61 bn during 2022-2027, accelerating at a CAGR of 9.97% during the forecast period. The report on the fitness and recreational sports centers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surge in healthcare costs, adoption of strategic wellness initiatives by corporates, and increase in awareness about benefits of healthy lifestyle.

Technavio's fitness and recreational sports centers market is segmented as below:

By End-userMenWomenBy Age Group35 and younger35-5455 and olderBy GeographyNorth AmericaAPACEuropeMiddle East and AfricaSouth AmericaThis study identifies the rise in integrated workout formats for group fitness classes as one of the prime reasons driving the fitness and recreational sports centers market growth during the next few years. Also, rising consumer interest in yoga, aerobics, and mma and growing online fitness training will lead to sizable demand in the market.

The report on the fitness and recreational sports centers market covers the following areas:Fitness and recreational sports centers market sizingFitness and recreational sports centers market forecastFitness and recreational sports centers market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fitness and recreational sports centers market vendors that include 24 Hour Fitness USA LLC, CrossFit LLC, Crunch LLC, Curves NA Inc., David Lloyd Leisure Ltd., Diverse Retails Pvt. Ltd., Equinox Holdings Inc., Fitness First India Pvt. Ltd., Konami Group Corp., Life Time Inc., Lift Brands Inc., Planet Fitness Inc., RSG Group GmbH, Self Esteem Brands LLC, The Gym Group plc, The Little Gym International Inc., Ultimate Fitness Group LLC, Virgin Active Ltd., and Youfit. Also, the fitness and recreational sports centers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.