Fitness And Recreational Sports Centers Market Size 2022, Industry Share, Forecast Till 2027

The global fitness and recreational sports centers market size reached US$ 106.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 146.01 Billion by 2027 exhibiting a CAGR of 5.10% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

A bulletproof vest represents a protective covering worn to shield the body against bullets and shrapnel. It usually safeguards soldiers from bomb explosions by absorbing the force and preventing the attack from penetrating the body. In addition to this, a bulletproof vest is produced by using various materials, such as ultra-high molecular weight polyethylene (UHMWPE), graphene, Kevlar, etc.

Furthermore, based on type, it is categorized into soft and hard variants. Soft bulletproof vests protect against small-caliber rounds from handguns, whereas the latter is utilized in counterterrorism, military combat, counterinsurgency, hostage rescue missions, etc.

Fitness and Recreational Sports Centers Market Trends and Drivers: 

The increasing geopolitical tension and the rising prevalence of terrorist attacks are bolstering the need for civilian and military protection, which is primarily driving the bulletproof vest market. Additionally, the growing focus on minimizing casualties during combat situations and the escalating demand for military modernization to improve national security are further catalyzing the market growth.

Besides this, government bodies and several defense organizations are adopting next-generation weaponry systems, such as novel bulletproof vests, to support and enhance the survivability of military troops, which is acting as another significant growth-inducing factor.

Moreover, the inflating popularity of bulletproof vests for numerous commercial security applications, including healthcare security, retail security, transportation security, etc., is also positively influencing the global market. Apart from this, the introduction of lightweight variants with increased mobility that is manufactured via the use of composite materials and the integration of advanced technologies, such as 3D printing, is anticipated to fuel the bulletproof vest market over the forecasted period.

Fitness and Recreational Sports Canters Market Report Scope
Report Coverage Details
Market size value in 2021 US$ 106.8 Billion
Market forecast in 2027 US$ 146.01 Billion
Growth Rate CAGR of 5.10% from 2022 to 2027
Base year for estimation 2021
Historical data 2016-2021
Forecast period 2022-2027
Report coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends
Segments covered  Product, Material, Type And End User.
Regional scope United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Key companies profiled 24 Hour Fitness USA LLC., CrossFit LLC., Curves International, David Lloyd Leisure, Fitness First, Konami Group Corporation, Life Time Inc., SUNY Cortland Recreational Sports, The Gym Group plc and Virgin Active (Virgin Group Ltd.).
Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Breakup by Product:

  • Flexible Ballistic
  • Hard Armor Plate

Breakup by Material:

  • Kevlar
  • Ultra-High Molecular Weight Polyethylene (UHMWPE)
  • Graphene

Breakup by Type:

  • Level IIA
  • Level II
  • Level IIIA
  • Level III
  • Level IV

Breakup by End User:

  • Military
  • Law Enforcement
  • Civilian

By Geography:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

List of Major Key Players:

The major players in the market are  24 Hour Fitness USA LLC., CrossFit LLC., Curves International, David Lloyd Leisure, Fitness First, Konami Group Corporation, Life Time Inc., SUNY Cortland Recreational Sports, The Gym Group plc and Virgin Active (Virgin Group Ltd.).

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Chris Greenwalty
Kate Johnson is a content writer, who has worked for various websites and has a keen interest in Online Signals Report and Stock portfolio generator. She is also a college graduate who has a B.A in Journalism. Read More: Fin Scientists >> Read More: Stocks Signals Mobile App >> Read More: Crypto Signals >> Read More: Crypto Trade Signals App >> Read More: Trade Signal Buy and Sell

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