DUBLIN--(BUSINESS WIRE)--The "Global Health and Fitness Club Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global health and fitness club market is projected to grow at the rate of 10.6% during the forecast period 2018 to 2023.
Significant growth in the sports industry has a huge impact on the health and fitness club market. It is also encouraging new regions to adopt fitness as an essential part of their lifestyle.
Due to intense competition in the market, key players are trying to distinguish their services offerings by providing a unique value proposition and benefits to survive in the highly competitive environment. For instance, Gold Gym offers the opportunity to enroll in term life insurance, which provides coverage starting at USD 10,000, through Lincoln Financial.
Health and fitness club market is witnessing development in new and upgraded products, and are likely to focus more on efficiency in customer service, quality, technological innovations, and attractive membership benefits.
- Growing Inclination towards Healthy Lifestyle to Drive the Health and Fitness Club Market Growth
- Health and Fitness Clubs to Witness Fastest Growth during the Forecast Period
- Increasing Inclination towards Fitness Activities to Drive the Market Growth in Asia-Pacific Region
Major Developments in the Market
- LA Fitness was focusing on improvement accessibility with the help of updating its policies to ensure that its locations are accessible to all customers, after reaching an agreement with Attorney General Eric Schneiderman office.
- Life Time has opened a membership sales center in Baybrook Mall ahead of the fitness centers opening. The Baybrook fitness center was the second of three new locations opening in the Houston area by mid-2019. In June, Life Time opened a USD 42 million fitness complex in Cypress, and is also developing a location in Greenway Plaza.
Key Topics Covered
2. Health and Fitness Club Market Insights
3. Health and Fitness Club Market Dynamics
4. Health and Fitness Club Market Segmentation
5. Health and Fitness Club Market By Geography
6. Health and Fitness Club Market Competitive Landscape
7. Company Profiles
- 24 Hour Fitness
- Capital Fitness Inc.
- Crunch Fitness
- Equinox Fitness
- Gold Gym International Inc.
- LA Fitness International LLC
- Life Time Inc.
- Metroflex Gym
- Original Temple Gym
- The Bay Club Co.
- Titan Fitness
- UFC Gym
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