Southeast Asia Health And Fitness Club Market Size

Southeast Asia Health And Fitness Club Market Analysis

The Southeast Asia Health And Fitness Club Market size is estimated at USD 2.45 billion in 2024, and is expected to reach USD 3.83 billion by 2029, growing at a CAGR of 9.36% during the forecast period (2024-2029).

Consumers increasingly engage in rigorous physical workouts that aid in weight control, boost stamina, and improve overall health. The rising number of health clubs and gyms with personal training, the latest fitness equipment, and rising health consciousness encourage individuals to indulge in workouts, impacting the market growth positively. Key players are launching facility spaces with yoga studios, high-altitude training rooms, and medical exercise areas to gain the attention of fitness enthusiasts. For instance, in May 2023, Anytime Fitness launched Les Mills classes and opened a new club in Malaysia. The new fitness club provides state-of-the-art equipment, expert trainers, and spacious workout areas to help achieve fitness goals. 

With increasing disposable income, customers are willing to pay more for the convenience of higher-end fitness facilities. Therefore, players in the market are focused on launching luxury fitness clubs to meet customer needs. For instance, in October 2023, Kinetix Plus launched a luxury Boutique Gym in Makati, Philippines, which has fitness, training, relaxation, socializing, and recovery facilities. The members can sign up for PHP 800 monthly per the club’s statement.