{"id":15278,"date":"2019-10-12T23:01:22","date_gmt":"2019-10-13T03:01:22","guid":{"rendered":"https:\/\/globalwellnessinstitute.org\/?page_id=15278"},"modified":"2025-05-20T12:39:27","modified_gmt":"2025-05-20T16:39:27","slug":"physical-activity-billion-market","status":"publish","type":"page","link":"https:\/\/globalwellnessinstitute.org\/press-room\/press-releases\/physical-activity-billion-market\/","title":{"rendered":"Physical Activity Is an $828 Billion Market \u2013 To Reach $1.1 Trillion+ by 2023"},"content":{"rendered":"

Media Contact: Beth McGroarty
\nbeth.mcgroarty@globalwellnessinstitute.org<\/a>\u00a0\u2022 +1.213.300.0107<\/p>\n

Physical Activity Is an $828 Billion Market \u2013 To Reach $1.1 Trillion+ by 2023 <\/strong><\/h3>\n

Global Wellness Institute releases first-ever research report on the six-sector global physical activity economy, including the fitness, sports & active recreation, mindful movement, equipment, apparel\/footwear and technology markets. New data pushes wellness to a $4.5 trillion industry<\/em><\/p>\n

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Singapore \u2013 October 15, 2019 <\/strong>\u2013 The Global Wellness Institute\u2122 (GWI), a nonprofit research and educational resource for the world wellness industry, today released its major research report for 2019: \u201cMove To Be Well: The Global Economy of Physical Activity.\u201d In 2018, the GWI found that the fitness\/mind-body market was worth $595 billion, and this new research broadens the scope of that segment to the \u201cphysical activity economy,\u201d which is now valued at $828.2 billion globally, and includes the sports and active recreation, fitness, and mindful movement core segments\u2014along with the supporting markets of equipment and supplies, apparel and footwear, and technology.<\/p>\n

With this new data, wellness jumps to a $4.5 trillion global market.<\/p>\n

ACCESS THE FULL REPORT HERE<\/strong><\/a><\/p>\n

In GWI\u2019s decade of wellness industry research, this is the most data-packed study to date: The 180-page report goes in-depth on the consumer spend within all six markets (at global, regional and national levels); participation rates for 150 nations; the big emerging trends and business opportunities across countries; and market growth projections\u2014while providing deep insight into public and private sector initiatives that can help bring more movement to all.<\/p>\n

\u201cThis new global data stream is meant to encourage business leaders and policymakers to see physical activity as a comprehensive sector, and one that\u2019s critical in supporting lifestyles that are crucial to good health,\u201d noted Ophelia Yeung, GWI senior researcher and report co-author. \u201cYes, physical activity has become a massive $828 billion commercial segment, but the conundrum is that sedentary lives, obesity and chronic disease are all exploding right alongside the fitness market\u2019s explosive growth.\u201d<\/p>\n

Katherine Johnston, GWI senior researcher and co-author, added: \u201cWhen people think \u2018fitness industry\u2019 they think gyms, boutique studios, yoga and fit-tech like wearables, but there are so many ways we can get enough exercise to stay healthy\u2014from playing sports to dancing to biking to work. And there are huge opportunities for businesses to get more people active\u2014beyond affluent urbanites\/suburbanites, the young and the already-healthy.\u201d<\/p>\n

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This data represents the direct consumer spend for each category and doesn\u2019t include the vast expenditures made by governments\/the public sector. GWI estimates that just 35 percent of the world population regularly participates in recreational physical activities.<\/p>\n

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Ninety percent of the world\u2019s spending on recreational physical activities takes place in North America, Asia and Europe. Globally, spending averages $306 per participant per year: $136 on activities and $172 on equipment, apparel\/footwear and technology. That number may seem low, but this study captures a much broader range of physical activities than the $200\/month elite gym membership or $35 spinning class out of reach for most of the world. Per participant expenditures are very high in North America ($1,345) and Europe ($528) while significantly lower in the rest of the world.<\/p>\n

Top 10 Recreational Physical Activity Markets <\/strong><\/p>\n

US: $264.6 billion
\nChina: $109.3 billion
\nJapan: $43.9 billion
\nUK: $40.9 billion
\nGermany: $39.4 billion
\nFrance: $26.3 billion
\nSouth Korea: $23.5 billion
\nItaly: $19.3 billion
\nCanada: $18.1 billion
\nAustralia: $16.7 billion<\/p>\n

The US and China are by far the world\u2019s largest national consumer markets for recreational physical activity, together accounting for 45 percent of global expenditures.<\/p>\n

Highest Recreational Physical Activity Participation Rates = Happiest Nations<\/strong><\/p>\n

Market size and the highest rates of recreational physical activity participation don\u2019t often correlate, and the report looks at what percentage of the population of 150 nations regularly take part in sports and active recreation, fitness or mindful movement. Australia and Taiwan lead the world with 84 percent recreational physical activity participation rates. And when you compare the happiest nations from the 2019 World Happiness Report to the countries with the highest rates for recreational physical activity, there is very striking overlap: Fourteen nations make both top-20 lists, with Nordic countries such as Norway, Iceland, Sweden, Finland and Denmark all ranking in the top 10 for \u201chappiest\u201d and most physically active. The movement and \u201cmood\u201d connection seems powerful.<\/p>\n

I) RECREATIONAL PHYSICAL ACTIVITY MARKETS <\/strong><\/p>\n

1) Sports & Active Recreation: $230 Billion<\/strong><\/p>\n

The sports and active recreation category generates two-thirds of all recreational physical activity spending because these activities are the most diverse, accessible, affordable and prevalent across every region and population group. Thirty-three percent of the world\u2019s population regularly engages in sports and active recreation, spending $90\/annually on average. The top five nations for participation are 1) Taiwan 2) Norway 3) New Zealand 4) Australia, and 5) Iceland\u2014all seeing 75 percent or higher participation rates.<\/p>\n

2) Fitness: $108.6 Billion <\/strong><\/p>\n

The fitness industry is fast and furious in its growth and devising new approaches, whether indoor spinning, HIIT or CrossFit. The GWI estimates that 3.7 percent of the world\u2019s population are members of gyms or fitness studios, take independent fitness classes regularly, or work out in public facilities or on their own, spending $384 per participant yearly. Within the wider fitness market, 190 million people spend money on memberships\/training at commercial gyms and studios (258,000 locations across 211 countries), generating $83 billion in annual expenditures. Another 58 million participate in fitness classes at (26,000+) public and nonprofit venues that cost much less or nothing. Twenty-eight million people subscribe to on-demand and streaming fitness services online or via apps.<\/p>\n

North America is the #1 fitness market ($40.5 billion and a 29 percent participation rate), followed by Europe ($33.8 billion market with a significantly lower participation rate of 9.2 percent).<\/p>\n

3) Mindful Movement<\/strong>: $29 Billion<\/strong><\/p>\n

In our frenetically paced, stressful, sleepless and chronic-pain-plagued world, the demand for slower, mindful movement\u2014which includes yoga, Pilates, tai chi, qigong, stretch, barre, Gyrotonic, etc.\u2014is skyrocketing. Of the world\u2019s population, 3.8 percent now regularly participates in mindful movement, spending on average $101\/year. While the market is now concentrated in wealthier countries, practices are spreading fast throughout the world.<\/p>\n

Global Participants & Market Size<\/strong><\/p>\n

Yoga:<\/strong> 165 million – $16.9 billion
\nTai Chi & Qigong<\/strong>: 94.7 million – $5.4 billion
\nPilates, Barre & other modalities<\/strong>: 28.9 million – $6.7 billion<\/p>\n

The US is by far the largest mindful movement market in terms of participation rate (17.7 percent) and expenditures ($10.4 billion), followed by China ($5.8 billion), Japan ($1.9 billion), Russia ($1.3 billion) and Germany ($1.2 billion). Other countries with high participation rates include Australia, Canada, Denmark and New Zealand (all over 10 percent). (Note: The meditation market isn\u2019t included in this study, as it\u2019s not movement, but will be analyzed in a 2020 GWI study on the mental wellness sector.)<\/p>\n

II) SUPPORTING SECTORS<\/strong><\/p>\n

Apparel & Footwear: $333 Billion<\/strong><\/p>\n

Within this market, $198.2 billion is spent on apparel and $134.6 billion on footwear. North America is by far the largest market, followed by Asia-Pacific and Europe: These regions make up 87 percent of the market, while the US comprises over one-third.<\/p>\n

Equipment & Supplies: $109 Billion <\/strong><\/p>\n

For equipment and supplies related to physical activity (sporting goods and fitness training equipment), North America, Europe, and Asia-Pacific make up 94 percent of all spending, and the US and China together comprise 44 percent of the market.<\/p>\n

Fitness Tech: $26 Billion <\/strong><\/p>\n

Technologies that make exercise more fun, affordable, personalized, portable, social, gamified and trackable are seeing an extraordinary uptake by consumers all over the world\u2014even in countries that haven\u2019t had developed gym\/fitness offerings. Wearables and trackers ($14.7 billion), streaming and on-demand fitness ($6.1 billion), and apps ($2.4 billion) are the three biggest fit-tech segments.<\/p>\n

Asia-Pacific is the world\u2019s #1 market ($10.8 billion) because all across the region, consumers are wild for the latest fitness tech, wearables and trackers. North America ranks second, at $8.6 billion. The US ($8.1 billion), China ($6.6 billion), and India ($1.8 billion) are the three national leaders, accounting for over half of the physical activity tech market.<\/p>\n

The Future: $1.1 Trillion+ Market by 2023<\/strong><\/p>\n

\"\"<\/p>\n

The physical activity economy will surpass $1.1 trillion by 2023. Asia-Pacific will overtake North America as the largest market, accounting for 40 percent of all global growth through 2023. China and India together will drive nearly one-third of growth, while the US will account for one-quarter.<\/p>\n

Mindful movement will be the #1 growth sector, reaching $52 billion by 2023. Technology will be the second-fastest-growing market, reaching $39.8 billion by 2023.<\/p>\n

About the Global Wellness Institute<\/strong>: The\u00a0Global Wellness Institute<\/a>\u00a0(GWI), a nonprofit 501(c)(3), is considered the leading global research and educational resource for the global wellness industry\u00a0and is known for introducing major industry initiatives and regional events that bring together leaders to chart the future. GWI positively impacts global health and wellness by advocating for both public institutions and businesses that are working to help prevent disease, reduce stress, and enhance the overall quality of life. Its mission is to empower wellness worldwide.<\/p>\n

 <\/p>\n

 <\/p>\n ","protected":false},"excerpt":{"rendered":"

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