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Global Fitness Market Outlook to 2027

Global Fitness Market Outlook to 2027

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Global Fitness Market Outlook to 2027

The report provides a comprehensive analysis of the potential of the fitness market in world. The report covers an overview and genesis of the industry, market size in terms of revenue generated.

The Global fitness services market segmentations include Market Structure, Revenue Stream, Subscription, Gender and Geography; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the global fitness services market is forecasted to grow at a robust CAGR in the period of 2022-2027, owing to increased popularity of exercising throughout the globe and the internet, particularly among the younger generation.

The sports and fitness industry in the world is estimated to rise exponentially, it has a mass potential market space.

Conventional gyms in the world are gradually being replaced by digital-focus gyms, with a business model of retail stores and online apps.

Key Trends by Market Segment:

By Gender:

Female consumers are more likely to sign up for fitness classes and personal training in gyms than their male counterparts. In 2021, female customers accounted for the majority of such memberships.

By Geography:

The sports and fitness enthusiasts are predominantly based in North America. There is increased popularity of exercising throughout the countries. This has led to health awareness and exercising as an essential trend that is being embraced by everyone across the globe.

Competitive Landscape

Future Outlook

The Global Fitness Services Market is projected to grow at a robust CAGR in the forecasted period of 2022-2027, with the people growing awareness about the Health and increase in household disposable income.

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