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Report of Fitness Revenue Statistics

Category: Statistics Paper Type: Report Writing Reference: IEEE Words: 600

There are different health and fitness clubs who are providing infrastructures to their customers regarding their physical works and workout but only in the exchange of their membership fee. There is a global fitness and health club industry which generates above than 80 billion dollars every year as their revenue. Then comes a North American Market who estimated that in 2017 they earned more than 32 billion dollars. IHRSA tells that the fitness industry has gone to almost 200,000 clubs worldwide and members reaching up to almost 162 million are being served. United States of America is the one of the single and biggest market in the whole world not just in the terms of revenue but in the terms of their number of different members in fitness and health clubs. [1]

Global market is split in with no specific chains which are taking over a big and large share of the whole world market. Many of the Market leaders are very limited to the local ranks such as countries or geographical region. Among all the fitness and health clubs companies with their revenue being in excess of 1 billion dollar back in 2017 have the list of Planet Fitness, ClubCorp and Anytime Fitness. Again in 2017, total number which exceeded more than two thousand fitness and health clubs all of them were in operation worldwide, among which 38.5 thousand are already situated in the United States. All these clubs which are in US had round about fifty five billion members who have their membership. If we analyze the ratio globally, there are more than 170 million people who were part of the fitness and health clubs.

Twenty five percent of the people in United States work out almost once a month which can also be called as an exercise. Workout of playing sports and making their body physically move is a part of their daily routine which has been noted through a survey called as Statists. Round about two third of the people are the ones who work out or do exercise daily and some of them have already joined gyms and clubs. Very main and basic reason of doing exercise is to stay fit, healthy, reduction of weight, optimizing of strength and to have a good smart body through which one can improve the appearance and look better. Not just this but old people are also being a part of these clubs not to reduce weight but to have a healthy life without getting any major diseases because through exercise one remains fresh and smart. [2]

Source: http://www.china-briefing.com/news/china-fitness-industry-new-lifestyle-trends-boost-investments/

https://www.wellnesscreatives.com/fitness-industry-statistics-growth/

https://www.thoughtshift.co.uk/health-wellness-and-fitness-digital-trends-and-stats-for-2017/

References of Fitness Revenue Statistics

Fitness Revenue Statistics

In 2015, fitness equipment market was occupied by health clubs up to almost

50%

By 2018 in China, the projections of wearable and applications are expected to reach almost

6.5 billion dollars

The wellness economy was measured in 2015 at

3.7 trillion dollars

In the US, an average fitness studio required money for running up to

166,000 dollars

The fitness apparel in 2017 globally reached

167 billion dollars

[1]

Statista.com, "Health & Fitness Clubs - Statistics & Facts," 2018. [Online]. Available: https://www.statista.com/topics/1141/health-and-fitness-clubs/.

[2]

Statista.com, "Fitness," 2018. [Online]. Available: https://www.statista.com/outlook/313/109/fitness/united-states.

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