Fitness and Recreational Sports Centers Market to Reach $113,116 Million, Globally, By Top Key Players: 24 Hour Fitness, Equinox, Gold's Gym, Planet Fitness, Life Time Fitness, Town Sports International, Fitness First and Virgin Active, Konami Sports Club

According to a new report published by Allied Market Research, titled, Fitness and Recreational Sports Centers Market by Type and Age Group: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global fitness and recreational sports centers market size was valued at $83,680 million in 2016, and is expected to reach $113,116 million by 2023, registering a CAGR of 4.4% from 2017 to 2023. North America dominated the global market, accounting for more than one-third share in 2016.

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Rise in awareness about the benefits of fitness is anticipated to increase the number of individuals in the gyms, thus driving the growth of the overall fitness and recreational sports centers market. In addition, increase in cases of obesity and rise in prevalence of osteoporosis & lowering of bone density have prompted people to focus on health and fitness seriously. Furthermore, rise in disposable income of consumers is expected to boost the growth of the global fitness and recreational sports centers industry during the forecast period.

The population below the age of 35 is estimated to hold a significant share in the global market in 2016, as this age group constitutes major working population. Moreover, the number of these individuals going to gyms is on an increase to counter the side effects of their hectic urban lifestyles.

Many global corporations have already installed in-house fitness centers within their office premises, which promote the growth of the market. Moreover, the hospitality industry and residential societies are also following the same trend. Furthermore, the international fitness chains have taken up franchise routes to tap the developing markets such as India, Indonesia, and China, which is projected to provide lucrative opportunities for market expansion.

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In 2016, North America and Europe collectively accounted for around 68.0% of the total fitness and recreational sports centers market; however, its market share is anticipated to decrease by the end of the forecast period. Moreover, increase in middle class population in Asia-Pacific is expected to drive the market growth in this region.

The major companies profiled in the report include 24 Hour Fitness, Equinox, Gold's Gym, Planet Fitness, Life Time Fitness, Town Sports International, Fitness First and Virgin Active, Konami Sports Club, McFit, and CrossFit Inc.

Key Findings and Scope of The Fitness and Recreational Sports Centers Market:

• In terms of value, the handball sports segment is anticipated to be grow at the highest rate during the analysis period.
• North America is estimated to maintain its lead throughout 2023, registering a CAGR of 3.1%, in terms of value.
• In terms of value, the aerobic dance segment occupied approximately 10.2% of the total market in 2016.
• China occupied 32.0% of the Asia-Pacific fitness and recreational sports centers market in 2016.
• In terms of value, UK is expected to grow at the highest CAGR of 5.8% in the European region.

LIST OF FIGURES

FIGURE 1. GLOBAL FITNESS AND RECREATIONAL SPORTS CENTER MARKET SEGMENTATION
FIGURE 2. TOP INVESTMENT POCKET, BY TYPE
FIGURE 3. TOP WINNING STRATEGIES, BY YEAR, 2015-2017*
FIGURE 4. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2017* (%)
FIGURE 5. TOP WINNING STRATEGIES, BY COMPANY, 2015-2017*
FIGURE 6. MARKET SHARE ANALYSIS, BY TYPE, 2016 VS. 2023 (%)
FIGURE 7. MARKET SHARE ANALYSIS, BY AGE GROUP, 2016 VS. 2023 (%)
FIGURE 8. MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2016 VS. 2023 (%)
FIGURE 9. BARGAINING POWER OF SUPPLIERS
FIGURE 10. BARGAINING POWER OF BUYERS
FIGURE 11. THREAT OF NEW ENTRANTS
FIGURE 12. THREAT OF SUBSTITUTES
FIGURE 13. COMPETITIVE RIVALRY
FIGURE 14. DRIVERS AND RESTRAINTS: GLOBAL FITNESS AND RECREATIONAL SPORTS CENTER MARKET
FIGURE 15. MIDDLE CLASS CONSUMPTION EXPENDITURES
FIGURE 16. LIFESTYLE DISEASES IN INDIA (URBAN)
FIGURE 17. REASONS WHY CUSTOMERS PREFER FITNESS STUDIOS
FIGURE 18. SOME EXPENSIVE FITNESS AND RECREATIONAL SPORTS CENTERS MEMBERSHIPS
FIGURE 19. INDIA YOUTH POPULATION
FIGURE 20. GLOBAL FITNESS AND RECREATIONAL SPORTS CENTERS MARKET SHARE, BY TYPE, 2016 (%)
FIGURE 21. GLOBAL GYMNASIUMS MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 22. GLOBAL YOGA MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 23. GLOBAL AEROBIC DANCE MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 24. GLOBAL HANDBALL SPORTS MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 25. GLOBAL RACQUET SPORTS MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 26. GLOBAL SKATING MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 27. GLOBAL SWIMMING MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 28. GLOBAL OTHERS MARKET VALUE, BY COUNTRY, 2016 (%)
FIGURE 29. GLOBAL FITNESS AND RECREATIONAL SPORTS CENTERS MARKET SHARE, BY AGE GROUP, 2016 (%)
FIGURE 30. GLOBAL FITNESS AND RECREATIONAL SPORTS CENTERS MARKET VALUE FOR AGED 35 & YOUNGER, BY COUNTRY, 2016 (%)
FIGURE 31. GLOBAL FITNESS AND RECREATIONAL SPORTS CENTERS MARKET VALUE FOR AGE 35-54, BY COUNTRY, 2016 (%)
FIGURE 32. GLOBAL FITNESS AND RECREATIONAL SPORTS CENTERS MARKET VALUE FOR 55 & OLDER, BY COUNTRY, 2016 (%)
FIGURE 33. TOP TEN COUNTRIES WITH MAXIMUM GYM MEMBERSHIPS, 2015
FIGURE 34. FITNESS AND RECREATIONAL SPORTS CENTERS MARKET SHARE, BY GEOGRAPHY, 2016 (%)
FIGURE 35. NUMBER OF FITNESS CENTERS & HEALTH CLUBS IN U.S., 2008-2016
FIGURE 36. U.S. FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 37. CANADA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 38. MEXICO FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 39. U.K. FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 40. GERMANY FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 41. FRANCE FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 42. ITALY FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 43. SPAIN FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 44. REST OF EUROPE FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 45. CHINA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 46. INDIA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 47. JAPAN FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 48. AUSTRALIA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 49. SOUTH KOREA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 50. REST OF ASIA-PACIFIC FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 51. BRAZIL FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 52. ARGENTINA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 53. AFRICA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 54. SAUDI ARABIA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 55. UAE FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 56. REST OF LAMEA FITNESS AND RECREATIONAL SPORTS CENTERS MARKET, 2016-2023 ($MILLION)
FIGURE 57. KONAMI HOLDINGS CORPORATION: REVENUE, 2015-2017 ($MILLION)
FIGURE 58. KONAMI HOLDINGS CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 59. KONAMI HOLDINGS CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 60. PLANET FITNESS, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 61. PLANET FITNESS, INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 62. TOWN SPORTS INTERNATIONAL HOLDINGS, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 63. TOWN SPORTS INTERNATIONAL HOLDINGS, INC.: REVENUE SHARE BY SEGMENT, 2016 (%)

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