Is The Fitness Industry Growing?

It is difficult to accurately quantify the growth of the fitness industry year over year, as it can vary significantly depending on a variety of factors such as economic conditions, trends in consumer behavior, and technological advancements. However, the fitness industry has generally been growing in recent years, driven in part by increasing awareness of the importance of physical activity and healthy lifestyle choices.
According to data from the International Health, Racquet & Sportsclub Association (IHRSA), the global health and fitness club industry was valued at approximately $94 billion in 2020, and is expected to continue growing in the coming years. In the United States, the fitness industry has also been expanding, with the number of health clubs increasing from approximately 36,000 in 2010 to over 43,000 in 2020, according to data from the IHRSA.
There are many factors that contribute to the growth of the fitness industry, including the increasing popularity of group fitness classes, the rise of digital fitness platforms and wearable technology, and the growing demand for personalized training and wellness services. As more people prioritize their health and well-being, it is likely that the fitness industry will continue to grow in the coming years.

So if you are thinking about getting into the gym or fitness business, now is your time! Contact me for a free consulting call and together we can build out your dreams.