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Personal Fitness Trainer Market: Growth, Demand, Size And Share And Forecast To 2033
Personal Fitness Trainer Market
As per the report, the personal fitness trainer market size has grown strongly in recent years. It will grow from $39.06 billion in 2023 to $41.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The personal fitness trainer market size is expected to see strong growth in the next few years. It will grow to $51.69 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
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Obesity Epidemic Sparks Surge In Demand For Personal Fitness Trainers A Healthier Future In The Making
The rise in obesity is expected to propel the personal fitness trainer market going forward. Obesity and overweight terms refer to weight gain that is abnormal or excessive and poses a risk to health. An overweight person has a body mass index (BMI) of 25 or higher, and an obese person has a BMI of 30 or higher. A personal trainer can assist an obese or overweight client in reducing the risk of health issues through a weight loss program, thereby offering them encouragement and other benefits through their weight loss journey. For instance, according to a report by Cancer Research UK, a UK-based independent cancer organization, 71% of people would be overweight by 2040, a rise from 64% as of the 2022 data. Among these people, 21 million (almost 36% of adults) are expected to be obese. Therefore, the rise in obesity is driving the growth of the personal fitness trainer market.
Your Fitness Coach (YFC) App Sets New Standards In Holistic Wellness And Rewards
Major companies operating in the personal fitness trainer market are introducing innovative fitness apps to strengthen their position in the market. A fitness app is a mobile application designed to help users maintain a healthy lifestyle, exercise routine, and track their fitness progress. For instance, in August 2022, Your Fitness Coach, a UAE-based, leading Fit-Tech subsidiary of Option1World, launched the Your Fitness Coach (YFC) application, the world's most holistic fitness platform, enabling its users to track their fitness activities, get access to various gyms and fitness studios, purchase access to group classes, get a certified personal trainer, follow an in-app training program designed by fitness experts, and get rewarded for being active. Gyms and fitness centers can advertise their facilities and services to a larger audience by using the YFC app. With the help of sophisticated and innovative technology, the YFC app lets users keep track of their activities and earn points for their exercises and steps. Y-coins can be redeemed against purchases after the points are unlocked. This implies that users can earn money from their activities and buy access to fitness classes or fitness products from the in-app store.
The personal fitness trainer market covered in this report is segmented -
1) By Activity: Exercise Instruction, Exercise Demonstration, Diet Instruction, Fitness Consultation
2) By Medium: Online, In-Person
3) By End User Industry: Fitness And Wellness, Medical And Healthcare, Infotainment, Industrial And Defense, Other End User Industries
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Major companies operating in the personal fitness trainer market report are SoulCycle Inc., Anytime Fitness LLC, The Pilates Studio, Equinox Holdings Inc., 24 Hour Fitness Worldwide Inc., LA Fitness International LLC, Orangetheory Fitness LLC, CorePower Yoga LLC, Planet Fitness Inc., UFC Gym, Technogym S.p.A., Gold's Gym International Inc., Burn Boot Camp, Crunch Fitness, Life Time Fitness Inc., The Little Gym International Inc., The Bar Method LLC, F45 Training Holdings Inc., Kinetic Training LLC, Pure Barre LLC, The Dailey Method, TITLE Boxing Club International LLC, Fit Body Boot Camp Franchising LLC, GYMGUYZ LLC, The MAX Challenge, The Studio (MDR), The Young Men's Christian Association (YMCA), BKOOL Fitness S.L., The Yoga Room, Club Pilates Franchise LLC
Contents of the report:
1. Executive Summary
2. Personal Fitness Trainer Market Report Structure
3. Personal Fitness Trainer Market Trends And Strategies
4. Personal Fitness Trainer Market - Macro Economic Scenario
5. Personal Fitness Trainer Market Size And Growth
…..
27. Personal Fitness Trainer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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