Fitness Industry Statistics: Growth and Trends for 2024
Release time: 2025-01-09 10:44:31Zhenxing Latex
Overview of Key Fitness Industry Statistics
- On average, 19.31% of the US population is daily engaged in sports, exercise, and recreation from 2010 to 2022.
- Surprisingly, 3.4% more people started exercising daily after the COVID-19.
- 21.29% of men and 17.07% of women were daily engaged in physical activities from 2010 to 2022, though post-COVID, men’s engagement almost returned to 2010 rates while women’s engagement increased by 3.5%.
- In 2023, hiking emerged as the most popular sports activity in the US, while rugby was the least preferred.
- 70% of millennials participated in fitness activities in 2021, followed by Baby Boomers and Gen X, with similar rates of around 64%.
- In 2020, health and gym club revenue dropped 33.04%, while sporting goods sales increased by 38.93% during the same period.
- With a $156 billion market capitalization in 2023, Nike is the leading sportswear company in the US, followed by Dick’s Sporting Goods with a $9.5 billion market capitalization.
- 59% of Americans preferred working out at home in 2020, with 51% citing convenience as the main reason.
- In 2022, home gym product sales increased to an estimated $424 million, almost doubling the sales of 2019.