Question: How much is the fitness, sport, and recreation industry worth?
Answer: The global fitness and health club industry brings in about $80 billion each year, a significant portion of which is attributed to the US. In 2015, it was found that 36 thousand fitness clubs existed in the US of 186 thousand clubs worldwide
Question: Why are fitness franchises booming?
Answer: According to the International Health, Racquet, & Sportsclub Association (IHRSA), the industry has grown by at least three to four percent annually for the last 10 years. Throughout the past several years, health and wellness trends have geared towards health optimization. There is a higher demand for healthy foods and fitness clubs, so this industry is not slowing down any time soon.
Another trend that is on the rise in this industry is open workspaces in gym facilities.
Question: How can I request more information about franchises in the fitness, sports, and recreation industry?
Answer: Visit our client pages to learn more about specific franchises. You can also check out our Fitness, Sports & Recreation Industry Analysis.