Public health promotion, fitness technologies and employee wellness programs drive growth

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Dublin, 20 July 2022 (GLOBE NEWSWIRE) — The report “European Health and Fitness Market with Impact of COVID-19 and Forecast to 2026” has been added to from ResearchAndMarkets.com offer.

The European health and fitness market in 2021 was valued at US$22.94 billion. The market is expected to reach US$32.55 billion by 2026.

The growth of the European health and fitness market is to be driven by key structural trends such as urbanization, public health promotion, fitness technology and employee wellness programs. The market is expected to grow at a CAGR of 7.25% during the forecast period 2022-2026.

Market analysis:

  • By membership: The report provides analysis of the European health and fitness market based on membership. In 2021, the number of members in the market reached 56.86 million due to people’s growing interest in keeping fit and the emergence and growing popularity of boutique fitness. On top of that, the growing trend of hybrid membership and virtual training has given members the ability to exercise anywhere, anytime.

  • By number of clubs: The report provides an estimate of the number of clubs in the European health and fitness market. The number of health and fitness clubs in the European market is expected to reach 87,420 clubs by 2026. The number of clubs and fitness centers is actively increasing. This is mainly because more people have expressed interest in going to the gym, hence why the number of independent neighborhood gyms has also increased.

  • By region: In the report, the European health and fitness market is divided into six regions: Germany, UK, France, Italy, Spain and Rest of Europe. In terms of value, in 2021, Germany accounted for a large share of the European health and fitness market, around 20%, as Germans seek to reduce stress and stay fit, which is why more more people are joining fitness clubs. In terms of the number of clubs, Germany held a share of around 15% of the European health and fitness market due to the rise in obesity and the rise in lifestyle-related diseases. This has increased the demand for membership in fitness clubs.

Competitive Landscape:

The European health and fitness market is highly fragmented. Fitness club operators typically compete on the basis of membership model flexibility and pricing, club location, brand awareness, quality and overall product variety. supply of training products and equipment.

Key players in the global health and fitness market are:

  • Basic cut

  • PureGym

  • SATS Group

  • Virgo Group

  • RSG Group GmbH

  • The Gym Group PLC

  • David Lloyd Leisure

  • FitX

  • Fitness first

  • Smart Fit

  • Alex Fitness

  • Keep calm

  • Viva Gym Group

Main topics covered:

1. Summary

2. Presentation
2.1 Health and fitness: an overview
2.1.1 Introduction to health and fitness
2.1.2 Health and Fitness Benefits of Exercise

3. Analysis of the European market
3.1 European Health and Fitness Market: An Analysis
3.2 Europe Health and Fitness Market: Member Analysis
3.3 European Health and Fitness Market: Club Analysis

4. Europe Regional Market Analysis
4.1 Health and Fitness Market in Germany: An Analysis
4.2 UK Health and Fitness Market: An Analysis
4.3 French Health and Fitness Market: An Analysis
4.4 Italy Health and Fitness Market: An Analysis
4.5 Spanish Health and Fitness Market: An Analysis
4.6 Rest of Europe Health and Fitness Market: An Analysis

5. Impact of COVID-19
5.1 Impact of COVID-19 on the Health and Fitness Market
5.2 Impact of COVID-19 on fitness clubs
5.3 Post-COVID-19 Impact on the Health and Fitness Market

6. Market dynamics
6.1 Engine of growth
6.1.1 Favorable demographic changes
6.1.2 Increase in lifestyle-related diseases
6.1.3 Growing Fitness Club Membership Penetration Rate
6.1.4 Increase in number of social media users
6.1.5 Increase in personal disposable income
6.1.6 Increase in obesity
6.1.7 Increasingly health-conscious public
6.1.8 Increased Importance of Employee Wellness Programs
6.2 Challenges
6.2.1 Lack of qualified and professional trainers
6.2.2 High Cost of Starting a Club
6.3 Market trends
6.3.1 Growing Adoption of Virtual Reality in Trainings
6.3.2 Growing Use of Fitness Clothing
6.3.3 Increase market consolidation
6.3.4 Evolution of Hybrid Gym Memberships
6.3.5 Quick Scan
6.3.6 Technological advances

7. Competitive landscape
7.1 Europe Health and Fitness Market Players by Clubs
7.2 Europe Health and Fitness Market Players by Membership

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/tz5a5y

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