The global Wellbeing and Fitness industry is experiencing strong growth, driven by increased health awareness, a significant portion of the population lacking regular exercise, and widespread interest in physical and mental wellness. According to McKinsey & Co., the global wellness market is valued at $1.8 trillion, growing at an annual rate of 5-10%. This trend is especially strong among Gen Z and millennials, with wellness being a high priority for 82% of U.S., 73% of U.K., and 87% of Chinese consumers. The global fitness club market was valued at $112.17 billion in 2023, projected to reach $202.78 billion by 2030, with an 8.8% CAGR.
In Europe, the fitness industry also shows robust growth, with fitness club membership rising by 7.5% from 2022 to 2023, totaling 67.6 million members. Weekly fitness participation across Europe has risen from 54% in 2022 to 61% in 2024, indicating a sustained commitment to personal health and fitness across the continent.
In this research you will learn more about:
- Global Market Trends and key growth factors in Wellbeing and Fitness
- European Market Insights, including participation trends in fitness
- Growth in Fitness and Wellbeing App usage
- Revenue Models in digital fitness and monetization strategies
- Emerging Tech Trends in digital and virtual wellness solutions
- Recent European Investment and M&A Activity in fitness tech
About Klecha & Co.
Klecha & Co. is a European private investment bank focused on technology, software, IT services, hardware and IoT, helping entrepreneurs, companies and financial investors with their strategy definition and post-acquisition integration issues, as well as for raising the necessary capital to execute their strategies.
With over 14 years in the market and offices in Milan, London, Paris, Madrid and New York, we have demonstrated global execution capabilities and a network of thousands of active C-level contacts and hundreds companies worldwide in the Tech industry.