Fitness is an important part of our lives and worth attending to. Anyone who wants to be healthy, strong, and has a positive outlook on life needs to engage in a fitness regime. With the increase in awareness of this, several trends have emerged within this industry. People all over are constantly improving how they work out and attain their fitness goals through different mediums, methods, and technology.
Trends in the Fitness Industry
There will be several notable trends that will emerge and gain prominence within the fitness industry. These trends have helped individuals get on track with their health and enabled them to work out better. Here are ten of the most notable trends that emerged during the year.
1. Wearable Fitness Technology
As we grow increasingly into the tech age, technology has become a vital part of our work and the fitness technology we implement. Wearable fitness technology like FitBits has become a common device that people regularly use to track their fitness levels and monitor themselves during their workouts.
2. Group Workouts
Group Workouts have become incredibly popular and are generally conducted amongst familiar people or with some common ground. Individuals partaking in this generally have other members to help them stay motivated and to help them get on track with their fitness regime.
3. High-Intensity Workouts
High-Intensity Interval Training is a system that makes its participants perform several high-intensity workouts with short intervals of low-intensity sessions. This has proven incredibly beneficial for anyone who wants to partake in this fitness regime that can help get them into shape quickly. These workouts have become incredibly popular over the past year because of how effective they can be, and more and more people are jumping in on this regime.
4. Senior Fitness
Senior citizens are also becoming more health conscious and in tune with their overall fitness needs. Senior citizens often need special regimes to keep them in shape. Several fitness clubs and studios have now started to offer fitness training sessions specially designed for those above a certain age and who may have certain restrictions on movement.
5. Bodyweight Training
Bodyweight training is the term used to denote the process of getting into shape through the use of one’s own body. This is done by implementing exercises like the plank, push-ups, and other similar activities. Because these exercises are only based on your body weight, they generally don’t require any equipment, which is why they have become immensely popular.
6. Fitness Professional Certifications
Courses that certify fitness professionals have grown over the past few years, and in 2023 are more popular than ever. Because of the growing demand within the fitness industry, more and more people realize the importance of good fitness trainers and professionals. The job opportunities for qualified professionals in this instance have only grown, which is why getting a good certification can be incredibly positive.
Yoga has always been a practice meant to keep the body and mind healthy, and more and more people realize this importance. Yoga can greatly benefit those who don’t have as much time for exercise or those who feel rather stressed due to their day-to-day lives.
8. Individual Trainers
Individual training sessions have become incredibly popular due to a large number of qualified professionals who can offer their services. People worldwide opt for personal trainers and individual training sessions because of the personalized fitness regime that they can implement and the personal attention they can get.
9. Functional Fitness
Functional fitness is another type of exercise regime that has been gaining popularity worldwide. In the current era that we live in, the time to get out and perform some kind of fitness regime is incredibly limited, so it is important to find functional and functional fitness regimes that fit in well with our routines.
10. Medical Exercise
Exercise is now becoming one of the more prescribed forms of treatment for patients who are experiencing a range of disorders. Physiotherapy is growing incredibly popular, and people are constantly being told to engage in some form of exercise to maintain good health. This is something that is essential, even for those who aren’t facing any immediate medical conditions.
Fitness Industry Stats and Growth Projections in 2023
In addition to knowing about the trends, it is also important to know the statistics resulting from them. People all over the world contribute to these global statistics. They can help individuals discern what is the most popular and what works for majorities of people engaging in fitness activities. Understanding the statistics currently presenting themselves within the fitness industry is not something that many people look at, even though it should be because of the valuable information it can provide. Here are some more notable statistical details that one should be aware of when wanting to know more about the fitness industry.
1. Fitness Industry Growth Rate
The growth in the fitness industry has been nothing short of incredible. According to several reports, the industry has grown by an incredible 2.6% over the past year globally. The earnings of this industry are well above eighty billion, which is incredible considering the position that this industry previously held.
2. Growth Of Fitness Clubs
Fitness clubs, in particular, have grown in popularity owing to the incredible amount of demand that currently exists for them. More and more individuals realize that they should invest in fitness, which is why clubs that fulfill this demand are rising.
3. Millennial Fitness
Millennials are one of the biggest customer bases for the fitness industry. An incredible eighty-one percent of individuals in this age bracket stated that they would engage in some form of physical activity to keep themselves in shape. The growing number of millennials opting for fitness regimes, clubs, and wearable technology has led to massive growth within this sector.
4. Body Analysing Devices
Devices that conduct body analyses to be able to discern your functions have become incredibly popular all over the world. More and more individuals want to know about their bodies and the fitness levels that it is at, which is also why there is so much investment into wearable technology. Over 46% of individuals want to gain as much information about their body, especially when engaged in a workout.
Premium memberships are slowly becoming something everyone who is engaged in a fitness activity tries to attain. Premium memberships have been increasing over the years, even though they charge twice as much as regular memberships while providing a small percentage of benefits over regular membership programs.
6. Increase Of Studios
Fitness studios have become the preferred location for those who want to partake in a workout instead of a traditional gym or an outdoor space. Boutique studios, in particular, are gaining prominence all over the world, especially when it comes to big chains and establishments. The location where one performs their workout is increasingly becoming one of the deciding factors when choosing a particular club to sign on with.
7. European Leaders In Fitness
Russia, Poland, and Turkey are three main countries where the fitness industry has blossomed, and more so because they possess the biggest potential within this industry. The Middle East and the Americas are slowly rising to become some of the best fitness destinations in the world.
8. Fitness Franchising
Fitness franchises have grown considerably over the past few years, especially with the recent boom that the industry has been experiencing. Brands are now establishing themselves within the fitness markets and offering customers a good standard of quality for all of their studios.
9. Growth In U.S Markets
The United States Markets have experienced considerable growth over the years, particularly over the past few months, due to increased demand for fitness studios, centers, and institutions. The statistics work well in favor of those who want to set up fitness studios in the country and want to establish themselves within this lucrative and in-demand industry.
10. Health Insurance Costs
One of the reasons individuals are becoming more health-conscious and partaking in active fitness regimes is the increased cost of health insurance and medical services. Getting a membership and working to good health is significantly more cost-effective than falling sick and getting treatment. Moreover, insurance costs are significantly lower for those who are healthier and work out regularly than those who don’t.
Understanding the different trends within the fitness industry and the statistics behind them is important for anyone who wants to establish a franchise, a fitness studio, or even someone looking for the best route to take when trying to incorporate a fitness regime. People always want to be able to find the right course of action to take in these instances, and this information can help you in the process.