![]() However, this data is restricted to health clubs only, so doesn’t account for boutique studios, community recreation facilities, or gyms located in other venues such as hotels. Post pandemic the industry decreased to approximately 200,000 clubs globally, serving 184 million members.This number is likely much higher now as the pandemic raged on through the end of 2021 and equated to millions of job losses and billions of revenue losses. According to IHRSA, as of July 1, 2021, 22% of gyms and studios had permanently closed their doors.The main driving factors for this industry are the growth of disposable income now that the job market is recovering, increased health awareness, and the possibilities for safe exercising on location. As countries lift strict restrictions, the fitness world is getting back on its feet. ![]()
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