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Gym, Health & Fitness Clubs in the US - Industry Market Research Report

  • March 2017
  • -
  • Ibisworld
  • -
  • 35 pages

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Working out: As disposable incomes rise, more individuals will purchase gym memberships

Abstract
Gym, Health & Fitness Clubs in the US
The Gym, Health and Fitness Clubs industry has benefited from recent marketing campaigns aimed at fighting obesity, as well as consumer trends toward improved health. Further driving demand for industry services, many health-conscious individuals have incorporated fitness into their daily regimen.

Additionally, the number of adults aged 20 to 64, the largest gym-going demographic, has grown, spurring demand for gym memberships over the period.

As a result, in the five years to 2017, industry revenue is expected to grow.

Over the five years to 2022, many baby boomers are expected to sign up for health club memberships, as they grow more health-conscious due to their age.

Consequently, industry revenue is forecast to grow during the five-year period.

This industry operates fitness and recreational sports facilities that feature exercise and other active physical fitness conditioning or recreational sports activities, such as swimming, skating or racquet sports. Operators are also involved in facilities management and fitness instruction.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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