Global Fitness and Recreational Sports Centre Market, By Type (Gymnasiums, Yoga, Aerobic Dance, Handball Sports, Racquet Sports, Skating, Swimming, Others), Age Group (35 and Younger, 35-54, 55 and Older), End-user (Men, Women), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Fitness and Recreational Sports Centre Market
The fitness and recreational sports centre market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 4.70% in the above-mentioned forecast period.
Fitness and recreational sports centers basically offer fitness and recreational sports services such as exercise, aerobic dance, gymnasium and tennis club facilities, racquetball, ice or roller skating rinks, handball, physical fitness centers and swimming or wave pools.
Surging number of obesity cases, rising number of youth in developing economies are the major factor fostering the growth of the market. Additionally, increasing initiatives taken by government for the provision of fitness equipment and personalized training programme and rising disposable income of the consumer which also further carve the way for the growth of market. The vast investment and busy schedule are expected to hamper the market’s growth.
The increase in awareness about the role of exercise in fighting obesity and other related problems has led to rise in popularity of recreational sports center such as aerobics, swimming, and gym is estimated to generate growth opportunities in the long run. The high cost of the equipment pose as a challenge for the market.
This fitness and recreational sports centre market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fitness and recreational sports centre market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fitness and Recreational Sports Centre Market Scope and Market Size
The fitness and recreational sports centre market is segmented on the basis of type, age group and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, fitness and recreational sports centre market is segmented into gymnasiums, yoga, aerobic dance, handball sports, racquet sports, skating, swimming and others.
- On the basis of age group, fitness and recreational sports centre market has been segmented into 35 and younger, 35-54, 55 and older.
- On the basis of end-user, the fitness and recreational sports centre market is segmented into men and women.
Fitness and Recreational Sports Centre Market Country Level Analysis
The fitness and recreational sports centre market is analyzes and market size insights and trends are provided by type, age group and end-user as referenced above.
The countries covered in the fitness and recreational sports centre market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the fitness and recreational sports centre market owing to the highest number of gym members and highest number of gyms in the U.S. Asia-Pacific region is expected to score the highest CAGR owing to the increasing health concern, growing number of middle class population along with rising female participation in health club within this region.
The country section of the fitness and recreational sports centre market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fitness and Recreational Sports Centre Market Share Analysis
The fitness and recreational sports centre market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fitness and recreational sports centre market.
Some of the major players operating in the fitness and recreational sports centre market report are 24 Hour Fitness USA, LLC., GOLD'S GYM, Planet Fitness Franchising, LLC., Life Time, Inc., rsggroup, CrossFit, LLC., Fitness First India Pvt Ltd, KONAMI, David Lloyd Leisure Ltd, Town Sports International, Fitness First and Virgin Active among others.
SKU-