{"id":20133,"date":"2020-10-06T17:15:46","date_gmt":"2020-10-06T21:15:46","guid":{"rendered":"https:\/\/globalwellnessinstitute.org\/?page_id=20133"},"modified":"2024-12-10T16:26:10","modified_gmt":"2024-12-10T21:26:10","slug":"new-reports-the-physical-activity-fitness-markets-for-six-global-regions","status":"publish","type":"page","link":"https:\/\/globalwellnessinstitute.org\/press-room\/press-releases\/new-reports-the-physical-activity-fitness-markets-for-six-global-regions\/","title":{"rendered":"New Reports: The Physical Activity & Fitness Markets for Six Global Regions"},"content":{"rendered":"

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

New Reports: The Physical Activity & Fitness Markets for Six Global Regions<\/strong><\/h3>\n

\"\"<\/p>\n

Miami, FL \u2013 September 29, 2020 <\/strong>\u2013 The Global Wellness Institute today released reports on the physical activity economy for six global regions: Asia-Pacific, Europe, Latin America-Caribbean, Middle East-North Africa, North America and Sub-Saharan Africa. Each report is packed with data on consumer participation rates and market sizes for all six segments: 1)\u00a0sports and active recreation 2) fitness and gyms 3) mindful movement 4) equipment and supplies 5) apparel and footwear and 6) fitness technology.<\/p>\n

This is the only research that provides a detailed analysis of the physical activity markets for every global region\u2013from market growth projections to the top national markets in all six segments in each region to the big emerging regional fitness trends. Physical activity is a massive global market opportunity: forecast to grow from $828 billion in 2019 to $1.1 trillion by 2023, and every region is predicted to see at least 5% annual growth over those years.<\/p>\n

Link to download all reports.<\/a>
\n<\/strong><\/p>\n

Links to the six regional reports are below.<\/span><\/strong><\/em><\/p>\n


\nAsia-Pacific:<\/strong>\u00a0Learn how\u00a0Asia (now a huge $240 billion physical activity market) will be by far the world\u2019s growth leader and will overtake North America by 2023 \u2013 accounting for a staggering 40% of all global growth from 2018-2023; how fitness tech in Asia is an explosive, $10.8 billion market; and how China\u2019s fitness studio\/gym market is poised for skyrocketing growth.
\nDownload Asia-Pacific<\/a><\/strong><\/p>\n

Europe<\/strong>: Europe has a highly developed $225 billion sector with 50% of its population participating regularly in recreational physical activity\u2013and with the Nordic countries (including Norway, Iceland, Sweden, Finland, and Denmark) all ranking in the world\u2019s top ten for incredible participation rates (from 73-84%). Learn how\u00a0Germany, the UK, France, and Italy rank among the world\u2019s largest fitness markets and how fitness aggregators and low-cost gyms have become influential forces in the European market.
\nDownload Europe<\/a><\/strong><\/p>\n

Latin-America-Caribbean:<\/strong>\u00a0While the region has some of the world\u2019s lowest rates of recreational physical activity (37%), and the lowest spending per participant on fitness ($180 per person annually), the $42.2 billion Latin-American-Caribbean market is forecast to see solid 6% annual growth through 2023. Explore how Brazil, Mexico, and Colombia have large, fast-growing fitness markets; how streaming fitness classes are growing fast in the region; and how mindful movement (yoga, etc.) is taking off.
\nDownload Latin-America-Caribbean<\/a><\/strong><\/p>\n

Middle East-North Africa:<\/strong>\u00a0While the MENA region has the lowest physical activity participation rate in the world (26%), consumer awareness of the importance of fitness is growing with an obesity epidemic, especially among young generations. Hence, the MENA market (now $22.6 billion) will see a robust 7.8% annual growth rate through 2023. If the fitness industry was once dominated by the wealthy and expats, now a new wave of\u00a0gyms and dance and martial arts studios are emerging to serve a fast-rising number of young, less affluent fitness enthusiasts. And changing social norms are driving big growth opportunities in the female market.
\nDownload Middle East-North Africa<\/a><\/strong><\/p>\n

North America<\/strong>: The world\u2019s most massive physical activity market ($283 billion), North America ranks #1 in all six segments: mindful movement, sports and active recreation, technology, equipment and supplies, apparel and footwear and mindful movement. While North America is a very mature market, it\u2019s still forecast to clock 5.3% annual growth through 2023\u2013in part because the US leads the world in\u00a0fitness innovations and new business models, including a tsunami of digital platforms.
\nDownload North America<\/a><\/strong><\/p>\n

Sub-Saharan Africa:\u00a0<\/strong>While the region has the lowest physical activity spending in the world ($15.3 billion),\u00a0<\/strong>participation rates are much higher (31%), because a large swath of the population participates informally in free sports\/recreation and gets their activity via natural movement (manual labor, walking as transportation). But a growing middle class means that this region will see the second-highest global growth in pure percentage terms (8.2%) through 2023, with the fitness market becoming a \u201ccraze\u201d in nations like\u00a0Kenya, Nigeria, Uganda and Ghana.
\nDownload Sub-Saharan Africa<\/a><\/strong><\/p>\n

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

Media Contact: Beth McGroarty beth.mcgroarty@globalwellnessinstitute.org\u00a0\u2022 +1.213.300.0107 New Reports: The Physical Activity & Fitness Markets for Six Global Regions Miami, FL \u2013 September 29, 2020 \u2013 The Global Wellness Institute today released reports on the physical activity economy for six global regions: Asia-Pacific, Europe, Latin America-Caribbean, Middle East-North Africa, North America and Sub-Saharan Africa. Each report is packed with data on consumer participation rates and market… <\/p>\n","protected":false},"author":9,"featured_media":20138,"parent":27,"menu_order":54,"comment_status":"closed","ping_status":"closed","template":"","meta":{"give_campaign_id":0,"content-type":"","inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"categories":[],"class_list":["post-20133","page","type-page","status-publish","has-post-thumbnail","hentry","wpautop","clearfix"],"yoast_head":"\nPhysical Activity & Fitness Markets for Six Global Regions<\/title>\n<meta name=\"description\" content=\"Six global regions: Asia-Pacific, Europe, Latin America-Caribbean, Middle East-North Africa, North America and Sub-Saharan Africa.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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