Global Gym Membership Market is valued approximately at USD 48.66 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 3.91% over the forecast period 2024-2032. Gym Membership refers to the industry that involves the sale of memberships and access to fitness facilities and services offered by gyms and fitness centers. It encompasses the business of providing individuals with access to workout equipment, group exercise classes, personal training, and other amenities for a specified period, typically through monthly or annual membership subscriptions. This market caters to individuals seeking to improve their physical fitness, health, and overall well-being by utilizing gym facilities and resources surge the gym membership market size.
The Global Gym Membership Market is driven by increasing emphasis on health and wellness has emerged as a significant driving factor behind the growing demand for the gym membership market. As more individuals become conscious of the role exercise and physical activity play in maintaining a healthy lifestyle, the demand for gym memberships has surged. Moreover, the prevalence of obesity and lifestyle-related ailments, including diabetes and cardiovascular conditions, has motivated people to take control of their well-being. Gyms provide a structured and convenient environment for individuals to work toward their fitness goals, contributing to the gym membership market growth. Furthermore, the rising demand for digital fitness solutions and online memberships, alongside the traditional gym services, is shaping the future landscape of the gym membership industry. However, the high cost of memberships and competition from home fitness solutions is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the Global Gym Membership Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in the marketplace. The regional market growth is driven by a high awareness of health and wellness, coupled with the presence of major market players. Furthermore, the market in Asia Pacific, is expected to grow at the fastest rate over the forecast period, owing to growing interest in fitness and lifestyle improvements in the region.
Major market player included in this report are:
- Bev Francis Powerhouse Gym
- Anytime Fitness Franchisor, LLC
- Golds Gym Club Holding, LLC
- Pure Barre
- XSport Fitness
- Crunch LLC
- Dedicated SuperGym
- Burn Boot Camp
- F45 Training Holdings Inc
- Planet Fitness, Inc
The detailed segments and sub-segment of the market are explained below:
By Type
- Standard Membership
- Premium Membership
- Online Membership
- Corporate Membership
- Others
By Application
- Personal Training
- Group Fitness
- Cardio and Weight Training
- Physical Therapy
- Sports Specific Training
- Others
By Age Group
- 6 to 17 Years
- 18 to 34 Years
- 35 to 54 Years
- 55 years and above
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. Global Gym Membership Market Executive Summary
- 1.1. Global Gym Membership Market Size & Forecast (2022- 2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.3.3. By Age Group
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Gym Membership Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Gym Membership Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increasing Emphasis on Health and Wellness
- 3.1.2. Rising Prevalence of Lifestyle-Related Ailments
- 3.1.3. Growth in Disposable Incomes and Urbanization
- 3.2. Market Challenges
- 3.2.1. High Cost of Memberships
- 3.2.2. Competition from Home Fitness Solutions
- 3.3. Market Opportunities
- 3.3.1. Expansion of Digital Fitness Solutions
- 3.3.2. Growing Interest in Fitness in Emerging Markets
- 3.3.3. Innovative Membership Plans and Offerings
Chapter 4. Global Gym Membership Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Gym Membership Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Gym Membership Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Standard Membership
- 5.2.2. Premium Membership
- 5.2.3. Online Membership
- 5.2.4. Corporate Membership
- 5.2.5. Others
Chapter 6. Global Gym Membership Market Size & Forecasts by Application 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Gym Membership Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Personal Training
- 6.2.2. Group Fitness
- 6.2.3. Cardio and Weight Training
- 6.2.4. Physical Therapy
- 6.2.5. Sports Specific Training
- 6.2.6. Others
Chapter 7. Global Gym Membership Market Size & Forecasts by Age Group 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Gym Membership Market: Age Group Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. 6 to 17 Years
- 7.2.2. 18 to 34 Years
- 7.2.3. 35 to 54 Years
- 7.2.4. 55 years and above
Chapter 8. Global Gym Membership Market Size & Forecasts by Region 2022-2032
- 8.1. North America Gym Membership Market
- 8.1.1. U.S. Gym Membership Market
- 8.1.1.1. Type breakdown size & forecasts, 2022-2032
- 8.1.1.2. Application breakdown size & forecasts, 2022-2032
- 8.1.1.3. Age Group breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Gym Membership Market
- 8.2. Europe Gym Membership Market
- 8.2.1. U.K. Gym Membership Market
- 8.2.2. Germany Gym Membership Market
- 8.2.3. France Gym Membership Market
- 8.2.4. Spain Gym Membership Market
- 8.2.5. Italy Gym Membership Market
- 8.2.6. Rest of Europe Gym Membership Market
- 8.3. Asia-Pacific Gym Membership Market
- 8.3.1. China Gym Membership Market
- 8.3.2. India Gym Membership Market
- 8.3.3. Japan Gym Membership Market
- 8.3.4. Australia Gym Membership Market
- 8.3.5. South Korea Gym Membership Market
- 8.3.6. Rest of Asia Pacific Gym Membership Market
- 8.4. Latin America Gym Membership Market
- 8.4.1. Brazil Gym Membership Market
- 8.4.2. Mexico Gym Membership Market
- 8.4.3. Rest of Latin America Gym Membership Market
- 8.5. Middle East & Africa Gym Membership Market
- 8.5.1. Saudi Arabia Gym Membership Market
- 8.5.2. South Africa Gym Membership Market
- 8.5.3. Rest of Middle East & Africa Gym Membership Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Bev Francis Powerhouse Gym
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Anytime Fitness Franchisor, LLC
- 9.3.3. Golds Gym Club Holding, LLC
- 9.3.4. Pure Barre
- 9.3.5. XSport Fitness
- 9.3.6. Crunch LLC
- 9.3.7. Dedicated SuperGym
- 9.3.8. Burn Boot Camp
- 9.3.9.F45 Training Holdings Inc
- 9.3.10. Planet Fitness, Inc
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes