DUBLIN, March 29, 2019 /PRNewswire/ -- The "Global Fitness and Recreational Sports Centers Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The fitness and recreational sports centers market will register a CAGR of almost 5% by 2023.

Many corporates provide gyms or fitness centers within the company premises for employees. Moreover, the companies undertake various health-related initiatives as they believe that the productivity of their employees can be improved by limiting their stress. Companies incorporating fitness programs in their schedule witness lower turnover rates, lesser absenteeism, and fewer sick leave and thus, higher productivity and lower costs. Companies are trying to build a culture of healthy living among their employees. This trend of encouraging employees to be physically fit is expected to boost the demand for fitness and recreational sports centers during the forecast period.

Market Overview

Surge in healthcare cost
Consumers are resorting to exercise as a preventative measure, which has led to an increase in the demand for strength training equipment. These devices help in weight loss and improve bone health and muscle mass. Thus, the global fitness and recreational sports centers market is expected to grow at a significant rate during the forecast period.

Highly fragmented market
The intense competition proves challenging for the new entrants and compels them to design different ways of attracting customers. Creating innovative marketing strategies and messages have become challenging as the market is highly fragmented. Therefore, the competition to grab various price points and increase memberships is set to intensify.

Competitive Landscape
The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Men - Market size and forecast 2018-2023
• Women - Market size and forecast 2018-2023
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• APAC - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Rise in integrated workout formats for group fitness classes
• Rising consumer interest for yoga, aerobics, and mixed martial arts (MMA)
• Growing online fitness training

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• David Lloyd Leisure Ltd.
• Gold's Gym
• Konami
• Life Time, Inc.
• PFIP, LLC. (Planet Fitness)

For more information about this report visit https://www.researchandmarkets.com/research/7sqmrf/global_fitness?w=5

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