2025: A YEAR OF GROWTH FOR THE GLOBAL INDUSTRY
BY JULIE KING
Acceleration and adaptation prompt widespread optimism despite economic uncertainty.
If 2024 marked a year of momentum for the industry, 2025 was all about acceleration.
“Fitness is good business,” HFA CEO and President Liz Clark said after the association released its 2025 Fitness Industry Benchmarking Report in September. The research report assessed 175 companies representing 17,000 fitness facilities in 27 countries and found an increase in median revenue and net membership, along with robust profitability and strong financial opportunities.
Other data backs this positive trend:
● 91% of survey respondents in the 2025 HFA Global Report anticipate revenue growth in 2025, with 51.3% expecting growth in membership.
● The current estimated value of the global wellness economy, which includes the fitness sector, is $7.4 trillion. The anticipated annual growth rate of roughly 7.3% from 2023 to 2028 would grow to $9 trillion by 2028, according to the Global Wellness Institute.
● The US fitness market revenue based on 55,000 fitness facilities is $22.4 billion. This includes an all-time high of 77 million members, up from 72.9 million in 2023. That is a 24.9% penetration rate—the highest penetration to date and an increase of 23.7% from 2023, according to HFA research.)
● 72% of 1,421 decision-makers surveyed said they were optimistic about their business performance in 2025, according to Mindbody’s 2025 State of the Industry report.
“We’re seeing more people joining gyms and studios in an unprecedented appetite for overall wellness,” says Tara Levitt, managing partner at ALTA Technology Group. “Combining this growing demand with more than 75% of the addressable market untapped, the future is extraordinarily bright.”
“People want to live better longer, and the government is finally paying attention to the role our industry plays in public health. The opportunity is right in front of us. It’s ours to lose.” Andy Peat
Positive Predictions for 2026
Every expert interviewed by Health & Fitness Business expressed optimism about what lies ahead in 2026. Here’s what they say.

Nt Etuk, founder and CEO, FitGrid, and cofounder and chairman, The BFS Network: “Barring macroeconomic shocks, 2026 will be a year of greater clarity, accountability, and strategic momentum. With better data and clearer guidance, it will be a breakout year for those willing to evolve.”

Tara Levitt, managing partner, ALTA Technology Group: “The HALO (health, active lifestyle, outdoors) sector offers two remarkable advantages. First, it makes a direct, positive impact on the health of our communities. Second, consumer trends, scientific advances, and technology keep the industry evolving, creating constant opportunities to be creative, take risks, and find new ways to serve members.”

Andy Peat, CEO, Fitness On Demand, and chief brand and product officer, Lift Brands: “My outlook is very positive. Fitness and wellness are only moving upward. That means more penetration, year after year.”

Brian Smith, managing director, consumer investment banking, Piper Sandler & Co.: “The fitness industry is getting increasingly competitive with new entrants as well as larger operators looking to grow aggressively. Tech and AI will be real catalysts going forward, and the wide-ranging benefits will span from highly personalized training programs to targeted member marketing ad retention tools. It’s an extremely exciting time.”

David Van Daff, vice president of industry development and public affairs, NASM: “The confluence of holistic fitness and wellness, personalized services, tech integration, and community positions the industry for continued growth and success in 2026 and beyond.”

Adam Zeitsiff, CEO, Dominique Dawes Academy; chair, National Health & Fitness Alliance; and board member, Physical Activity Alliance: “The outlook for youth fitness is exceptionally positive, driven by our country’s childhood obesity epidemic. Developing partnerships with healthcare providers and ‘edutainment’ programs that blend exercise with skill-building will encourage growth.”
Health & Fitness Business (HFB) is the leading health and fitness industry publication. Published monthly by the Health & Fitness Association (HFA) and distributed free to the industry, HFB offers analysis of the opportunities, challenges, issues and news that impact the industry.
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