IMARC Group has recently released a new research study “Fitness and Recreational Sports Centers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of Fitness and Recreational Sports Centers market ?
The global fitness and recreational sports Centers market size reached US$ 106.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 146.01 Billion on by 2027, exhibiting a growth rate (CAGR) of 5.10% during 2022-2027.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What is a the Fitness and Recreational Sports Centers Market ?
Fitness and recreational sports centers provide opportunities for physical and recreational activities in a safe and inclusive environment. They comprise spas, saunas, steam baths, swimming pools, tennis courts, playground equipment, exercise, entertainment, or athletic facilities, etc.
Fitness and recreational sports centers reduce reliance on healthcare and other costly social services by providing local facilities to individuals for enhancing personal health and wellness. They offer a convenient way to decrease the risk of several diseases and improve physical and mental health.
In line with this, fitness and recreational sports centers assist in building strong social bonds and enhancing social interaction, volunteerism, and civic pride in communities by providing natural spaces, arenas, and playing fields.
What are the major market drivers in a Fitness and Recreational Sports Centers market ?
The growing prevalence of obesity, owing to sedentary lifestyles and the rising consumption of high-calorie and -fat food products, is primarily driving the fitness and recreational sports centers market.
Additionally, the launch of numerous favorable policies by government bodies across countries to promote personalized training programs for developing a healthy body and mind is further catalyzing the market growth.
Besides this, the increasing consumer awareness towards the benefits of fitness and recreational sports is acting as another significant growth-inducing factor.
Moreover, the elevating incidences of osteoporosis, on account of diminished bone density and early bone loss, are also positively influencing the global market.
Apart from this, regular exercise increases energy and stamina and reduces the risk of chronic diseases, which is propelling the market growth. Furthermore, the introduction of advanced devices that aid in losing weight as well as improving bone health and muscle mass is anticipated to fuel the fitness and recreational sports centers market in the coming years.
| Fitness and Recreational Sports Centers Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 106.8 Billion |
| Market forecast in 2027 | US$ 146.01 Billion |
| Growth Rate | CAGR of 5.10% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | Product, Material, Type And End User. |
| Regional scope | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Key companies profiled | 24 Hour Fitness USA LLC., CrossFit LLC., Curves International, David Lloyd Leisure, Fitness First, Konami Group Corporation, Life Time Inc., SUNY Cortland Recreational Sports, The Gym Group plc and Virgin Active (Virgin Group Ltd.). |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Click here to view detailed information with table of content: https://www.imarcgroup.com/fitness-recreational-sports-centers-market
Breakup by Product:
- Flexible Ballistic
- Hard Armor Plate
- Hard Armor Plate
Breakup by Material:
- Kevlar
- Ultra-High Molecular Weight Polyethylene (UHMWPE)
- Graphene
Breakup by Type:
- Level IIA
- Level II
- Level IIIA
- Level III
- Level IV
Breakup by End User:
- Military
- Law Enforcement
- Civilian
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
The major players in the market are
24 Hour Fitness USA LLC.
CrossFit LLC.
Curves International
David Lloyd Leisure
Fitness First
Konami Group Corporation
Life Time Inc.
SUNY Cortland Recreational Sports
The Gym Group plc
and Virgin Active (Virgin Group Ltd.).
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