Fitness Industry Statistics 2021-2028
RunRepeat breaks down how the pandemic has affected consumers’ decisions and preferences when it comes to achieving their fitness goals.
The fitness industry is poised for incredible growth post-pandemic, with fitness trends undergoing a seismic shift away from gyms and towards outdoors, home fitness, and digital options. Although each segment in the industry is looking to provide consumers the benefits of exercise, they are in direct competition with one another to stand out as the best option.
To better understand the current state of the fitness industry and the future of fitness, we researched and analyzed hundreds of studies on each individual segment and compiled them into an overview of 15+ fitness industry statistics.
Top Fitness Industry Statistics 2021
The fitness industry experienced a 32.45% decline in revenue during 2020 but is projected to rebound to 0.55% pre-pandemic levels by the end of 2021
Worth nearly 160 billion in 2021, the fitness industry is expected to grow 171.75% to 434.74 billion USD by 2028
The industries hit the hardest by the pandemic were the gym, health club, and boutique fitness studio industries
They declined up to 58.30% in the first year of the pandemic
In 2021, they are projected to still be down 22.5% from their pre-pandemic revenue levels in 2019
Meanwhile, online/digital fitness, fitness apps, fitness equipment, and fitness tracker markets all experienced significant growth due to the pandemic
Experiencing a revenue growth of 40.61% in 2020
Projected to be up 66.32% by the end of 2021, in comparison to their pre-pandemic levels
From 2021 to 2028, the online/digital fitness industry is projected to have the highest growth rate of 33.10% per year
The industry with the lowest compound annual growth rate (CAGR) is the gym industry, growing at a rate of 7.21% per year
The research and data provided come from hundreds of hours spent researching and analyzing data on the different segments within the fitness industry. Specifically, the data is referencing research from:
77 Gym Membership Statistics, Facts, and Trends [2020/2021]
200+ Gym Industry Statistics 2021 [Global Analysis]
45+ Boutique Fitness Statistics 2021 [Research Review]
90+ Fitness Equipment Statistics 2021/2022 [Research Review]
40+ Online Fitness Statistics for 2021/2022 [Research Review]
100+ Fitness App Statistics 2021/2022 [Research Review]
50+ Wearable Fitness Tracker Statistics 2021
Read more at: Fitness Industry Statistics 2021-2028 [Market Research] | RunRepeat