Marcus & Millichap

Net Lease Retail Health Club Report

National Report, Second Half 2019

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Gyms poised for additional growth.The fitness industry continues to quickly expand as health-oriented lifestyles gain traction. In 2018, industry revenue increased 8 percent to $32 billion as memberships proliferated and expansion plans took shape. At the same time, more than 60 million consumers nationwide held health club memberships, illustrating the rapid growth of the fitness sector as members totaled just 46 million in 2008. Though the industry has rapidly expanded over the past several years, there is still further growth potential as only one in five Americans have gym memberships. Younger generations including millennials and those in Generation Z will play a key role in the industry’s advancement in the coming years.

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