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Market value of fitness clubs and studios in China 2018-2026
In 2023, the fitness club market in China was valued at approximately 67.5 billion yuan, a slight decrease from 69.6 billion yuan the previous year. The outbreak of the coronavirus pandemic has caused China's gym and fitness market to stagnate over the past few years.
A market with great potential
Owing to an increasing disposable income in recent years, more and more people in China have started to embrace a healthier lifestyle by participating in working out. In 2019, the average fitness club in China had almost 200 active members. The number of fitness clubs is also increasing dramatically, reaching close to 100,000 fitness clubs across China and showing no sign of slowing down. Despite this apparent boom in gyms, the population share participating in fitness is still lower than one percent, much lower than the world’s average fitness participation rate.
Fitness in the cloud
The popularization of smart fitness and online fitness has created exciting new opportunities for people to work out both in and out of the gym. Online fitness training apps offer various services, from on-demand sessions to live-streamed exercise. China’s fitness app user base was growing steadily and was tipped to exceed 200 million in 2020.