Page 11 - PowerPoint Presentation
P. 11
HEATH CLUB INDUSTRY
• The US health club industry is a $29.8 billion market
• More than 66 million Americans utilized a fitness facility in 2016, and 57 million are
members of at least one facility
• The broader global wellness market is estimated at $2.0 trillion, and is positioned
for long-term expansion due to the increased awareness of the benefits of
physical and mental wellness
• While the overall industry has grown over the past five years, the makeup of the
industry has changed dramatically
• Traditional mid-market clubs grew by only 2%
• During the same period boutiques grew by 74%
• Millennials are especially seeking boutiques over traditional clubs
• While boutiques were initially the choice of early adopters, they have now “gone”
mainstream
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