Health: Fitness industry sees "still a lot of room for growth" - Further consolidation expected
Membership records and even more potential: The fitness industry in Germany is optimistic for several reasons. Provider Lifefit is aiming for half a billion euros in sales.
The German fitness industry is expected to continue growing, with Christophe Collinet, Chief Commercial Officer at Lifefit Group, predicting a high single-digit percentage growth in the coming years. The industry saw a record year in the past, with a 6% increase in studio members to 12.4 million and a 7% rise in revenue to €6.25 billion.
Lifefit Group operates over 230 fitness studios in Germany and Austria with more than 750,000 members, and is part of a nationwide initiative offering free trial sessions during the European Week of Sport. The industry is considered recession-resilient, according to Collinet.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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