According to the research report titled ‘Global Boutique Fitness Studio Market - Analysis By Studio Type, End-User, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)’, available with MarketStudyReport, global boutique fitness studio market was worth USD 49.30 billion in 2021 and is anticipated to witness a healthy CAGR over the next five years to accumulate notable returns by the year 2027.

As per report findings, rising rate of urbanization, increasing disposable income of individuals with demand for fitness centers, health clubs, and gyms, as well as increasing trend of sedentary lifestyle due to hectic work schedule of young individuals are augmenting global boutique fitness studio market growth.

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Furthermore, preference of millennials for better ambience and community as well as growing cognizance about improved living standards and healthy body image are aiding in industry expansion.

However, growing competition in the sector, and decreasing cost of membership of health centers may hamper market growth in the coming years.

In terms of end-user, the market is split into women and men. Based on studio type, the industry is divided into corporate offices, health/fitness clubs, gym, and others. Among these, the gym segment of worldwide boutique fitness studio market is predicted to grow notably during the forecast period, owing to surging number of gym joiners to fight negative impacts of their hectic urban lifestyles.

Whereas health clubs segment is likely to grow consistently in the coming years, owing to preference for these settings among gen-X as they provide tailored service memberships.

Regionally, North America market, followed by Europe industry, is poised to grow significantly over the next five years. Whereas Asia Pacific market is slated to expand with a healthy CAGR over the stipulated timeframe.

Speaking of competitive terrain, Crunch Fitness, Orangetheory Fitness, Gold's Gym International, Inc., 24 Hour Fitness, LA Fitness, Equinox Group, Town Sports International Holdings, Inc., F45 Training, Planet Fitness, Xponential Fitness, Inc., and Peloton are the leading players in global boutique fitness studio market.