Fitness Centers Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 4/13/2015
SIC Codes: 7991, 7997
NAICS Codes: 71394
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Fitness Centers Industry Profile

Companies in this industry operate fitness and recreational sports facilities that offer fitness equipment, exercise classes, swimming pools, and fitness instruction services. Major companies include 24 Hour Fitness, Equinox, LA Fitness, and Life Time Fitness (all based in the US), along with Fitness First and Virgin Active (both based in the UK), Konami Sports & Life (Japan), and McFit (Germany).

Worldwide, fitness centers generate about $78 billion in revenue, according to the International Health, Racquet & Sportsclub Association. More than 165,000 fitness clubs across the globe attract nearly 140 million members. Besides the US, countries with the most health clubs include Brazil, France, Germany, Italy, and the UK.

The US fitness centers industry includes about 28,000 companies and nonprofits in the US that operate about 32,000 fitness and recreation centers with combined annual revenue of around $25 billion.


Demand is partly linked to income levels and partly to market demographics. The profitability of individual companies depends on good marketing. Large companies have economies of scale in advertising and in buying equipment. Small companies can compete effectively if they have favorable locations or meet customer demands for personalized service and friendly atmosphere. The industry is fragmented in the US: the 50 largest companies account for about 30 percent of revenue.


Major services include space and equipment for aerobic exercise (commonly referred to as cardio) and weightlifting. Facilities may also include basketball ...

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