The global personal fitness trainer market is estimated to be valued at USD 41.8 billion in 2023 and is projected to surpass a valuation of USD 65.5 billion by 2033. Adopting personal fitness trainer services is likely to rise at a CAGR of 4.6% from 2023 to 2033.
The global market share is anticipated to grow rapidly due to the popularity of personal fitness trainers who provide one-on-one private workout sessions, including in-depth physical education and motivation to achieve fitness.
Beyond basic scientific anatomy, biomechanics, and exercise physiology knowledge, most personal fitness trainer certifying organizations require a professional fitness trainer to possess sufficient skills such as lifestyle and health, chronic disease (e.g., cardiovascular disease), exercise programming, program management, health behavior modification, and nutritional advice.
The demand for personal fitness trainers is driven by health awareness growth, an increase in disposable income in developing nations, and the popularity of physical fitness activities.
However, the global market expansion is anticipated to be hampered by high costs and a lack of standard accreditation. Key players in the market use marketing and activity development to diversify their brand portfolios and expand their market reach.
The demand for personal fitness trainers continuously increases due to rising per capita disposable income and the decreasing unemployment rate. Despite the high competition from other fitness trainers, revenue in the market is anticipated to increase over the forecast period.
Furthermore, increased obesity rates have prompted fitness programs to encourage people to be more physically active, thus boosting personal fitness trainer service adoption.
However, the market growth is likely to get restrained as personal development is inextricably tied to discretionary income. Furthermore, due to the significant turnover in this profession, long-term prospects for people in the personal fitness trainer industry might be hard, thus affecting the demand for personal fitness trainers during the forecast period.
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Which Factors are Driving the Demand for Personal Fitness Trainers?
The entire population requires health and fitness specialists to lead them toward a healthy lifestyle. Rare customers actively seek gyms and personal trainers, while others do so based on physician recommendations.
Whatever the case, most of them wind up in the market looking for personal trainers. As a result, this is a major factor driving the demand for personal fitness trainers.
Gym or Personal Fitness Trainer Business, a Tough Choice
Most traditional brick-and-mortar gyms also don't offer any weight loss education. In certain gyms, a single trainer may work with more than 20 people in a single session. The ratio is barely adequate to ensure everyone gets ample time with the trainer.
For these reasons, most people choose to employ a personal fitness trainer. As a result, adopting personal fitness trainer services is expected to grow more than traditional gym memberships.
Personal Fitness Trainers Spreading Wings in Multiple End-Use Industries
Many hospitals and medical facilities have added exercise centers to keep people healthy and avoid falling sick, which means that personal fitness trainers are likely to collaborate closely with allied health professionals.
It won't be long before doctors may prescribe a personal trainer for individuals experiencing health hazards due to an inactive lifestyle. It could spell numerous changes for the business, but the final result is anticipated to be a consistent stream of clients in demand for a certified personal trainer.
What are the Challenges in Global Personal Fitness Trainer Market?
Among the challenges, do-it-yourself fitness trends (such as exercise videos or running) continue to compete with businesses, allowing customers to improve their health at a reduced cost. Over the next five years, competition from themed or branded exercise activities is projected to increase due to this factor.
Attributes | Details |
---|---|
Market CAGR (2023 to 2033) | 4.6% |
Market Valuation (2023) | USD 41.8 billion |
Market Valuation (2033) | USD 65.5 billion |
As per Future Market Insights (FMI), the global market grew at a steady CAGR of 3.8% between 2018 and 2022. The market captured a valuation of USD 34.2 billion in 2018 and USD 39.7 billion in 2022.
The growing wellness and fitness centers and activities fuel the global market during the forecast period. The growing consumer awareness of a healthy lifestyle and the increasing prevalence of chronic diseases are advancing the global market. In the coming years, the global market is estimated to reach another height compared to its historic statistics.
Based on activity, exercise instruction dominates the global market by securing a CAGR of 52.6% during the forecast period. Rising Awareness of Continuous Exercise to Aid in the Growth of Exercise Instruction Segment. The growing popularity of personal fitness trainers for preparing and maintaining personal fitness regimens has played a vital influence on market growth.
The demand for a personal fitness trainer is anticipated to rise as exercise regularly has been proven to considerably improve health. With the help of a professional personal fitness trainer, anyone can achieve principal benefits that assist in achieving and maintaining healthy body weight and muscle mass and lowering the risk of chronic diseases.
By end-use industry, the fitness and wellness sector is leading the global market by capturing a CAGR of 73.5% by 2033. Consumers have become more interested in fitness activities due to rising health concerns. Adopting personal fitness trainer services assists individuals in tracking their exercises and further aid in transforming their bodies.
Economic factors, such as rising per capita healthcare expenditure, healthcare infrastructure, and increased investment in the healthcare sector, are predicted to accelerate global market expansion by 2033.
Countries | Forecast Share Between 2023 to 2033 |
---|---|
United States | 29.0% |
Germany | 5.2% |
Japan | 3.5% |
Australia | 2.9% |
Countries | Forecast CAGR Between 2023 and 2033 |
---|---|
China | 6.8% |
India | 10.4% |
United Kingdom | 5.0% |
The United States dominates the global market, with a share of 29.0% during the forecast period.
According to research, more than 133,181 personal fitness trainers are in the United States. Personal trainers have an average age of 39 years, according to a survey published by the United States National Library of Medicine. Personal fitness trainers are in high demand in Illinois, particularly in Chicago. According to the study, Illinois is also the best state to live for personal fitness trainers.
The rising number of million-dollar mansions, which has led to the creation of home gyms, is expected to increase demand for personal fitness trainers. For example, according to data provided by USA Today in November 2018, residences valued at USD 1 million or more increased by 400,702 in 2018.
Furthermore, domestic brands in this region with diverse product offerings, such as Precor Incorporated, Life Fitness, Cybex International, and others, are likely to help boost the adoption of personal fitness trainer services.
The Asia Pacific region is expected to have a strong global market presence. The expanding number of dual-income households, which has resulted in increased expenditure on personal fitness trainers, is driving market expansion.
According to figures provided by the Korean Times in June 2020, over half of all married couples in South Korea are expected to have dual income in 2019.
The administration of this region is taking initiatives to encourage health and physical education in schools, which is gaining traction. For example, according to data from the Press Information Bureau Government of India in December 2019, health and physical education are required in India from grade 1 to grade 10. As a result of these factors, the demand for personal fitness trainers is anticipated to rise in the region throughout the forecast period.
In 2022 Europe held more than 25% of share in the market. Due to its high per capita income, Europe personal fitness trainer market is expected to rise rapidly. It would raise spending on personal health and fitness products, such as home exercise equipment.
For example, according to Trading Economics data, Germany's per capita income in 2019 was USD 47,628, France's was USD 44,317, Italy's was USD 35614, and the United Kingdom's was USD 43688.
A high number of people in Europe who engage in regular exercise have had an important part in increasing the adoption of a personal fitness trainers in the region. For example, according to data released by Play Time.org in March 2018, 40% of European individuals exercise at least once a week.
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While the personal fitness training market is likely to develop steadily in the coming years, the number of startups entering the sector is also anticipated to increase during the forecast period. Fortunately, many new growth opportunities are coming ahead that personal fitness trainers may take advantage of.
Ohm Fitness, a startup in the industry, has announced opening its first site in Scottsdale, Arizona. Ohm provides small group exercises utilizing electrical muscle stimulation (EMS) and claims that its 25-minute, low-intensity workouts have the same advantages as two-hour conventional exercise sessions. Ohm Fitness employs its wearable technology and software, dubbed the EMPower suit.
Personal Fitness Trainer Market Trends
The global market is continuously changing, and new personal training trends emerge regularly. Here are a few popular personal fitness trainer trends in the market.
Wearable Technology
Wearable devices ranked first on the FMI’s list of 2033 trend forecasts. Physical therapists are investigating how to incorporate wearable technology into client workouts and tracking outside sessions.
High-Intensity Interval Training (HIIT)
HIIT has been a popular trend in the global market for some years since it produces excellent benefits for clients quickly.
Active Aging
This trend enables personal fitness trainers to work with the Baby Boomer age, who want to maintain their activity levels and have more disposable income than younger generations.
Bodyweight Training
While equipment can assist in adding value to client workouts, bodyweight training has grown in popularity (particularly modern approaches to old-school calisthenics).
Yoga
Yoga has been around for thousands of years but has recently witnessed a mainstream renaissance thanks to boutique studios. Personal fitness trainers increasingly combine mind-body elements into their services to capitalize on this trend.
A boost in consumer interest and purchasing power creates an enormous opportunity for key players in the personal fitness trainer market, particularly as spending on personal wellness increases. At the same time, the personal fitness trainer industry is becoming increasingly congested, necessitating a deliberate approach to where and how businesses compete.
Some key players in the global market players are GYMGUYZ, Golds Gym, and Virtuagym.
A potential business strategy examines prospects to expand its presence in the personal fitness trainer ecosystem. This method requires that any acquisition have a clear strategic reason and make sense in light of the acquirer's existing equity, skill set, and capabilities.
If those parts are in place, a well-defined and executed programmatic M&A strategy may help create resilience and provide excess returns for shareholders over time.
Other Prominent Players in the Global Market are:
Recent Developments in the Personal Fitness Trainer Market include:
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD billion for Value |
Key Countries Covered | United States, United Kingdom, Japan, India, China, Australia, Germany |
Key Segments Covered | Activity, End Use Industry, Region |
Key Companies Profiled | GYMGUYZ; Golds Gym; Virtuagym |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
From 2018 to 2023, the market held a CAGR of 3.8%.
GYMGUYZ, Golds Gym, and Virtuagym are the key market players.
North America holds a dominant market.
This market is valued at USD 41.8 billion in 2023.
The market is estimated to reach USD 65.5 billion by 2033.
Market Estimated Size in 2024 | USD 30,922.1 million |
---|---|
Projected Market Value in 2034 | USD 133,218.4 million |
Value-based CAGR (2024 to 2034) | 15.7% |
Base Year Market Value (2022) | USD 13,122.3 million |
---|---|
Projected Year Market Value (2033) | USD 46,934.8 million |
CAGR (2023 to 2033) | 12.4% |
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