The companies that operate in the fitness sector were selected for the list. (NASDAQ: DXCM ), and Peloton Interactive, Inc. Some of the top fitness giants that investors can monitor in this context include NIKE, Inc. Market growth is being supported by factors such as increasing equipment and facility spaces in fitness clubs. It is set to grow at a compound annual growth rate of more than 4% in the next five years. However, after the virus crisis, the industry still has a long way to go before it can hit membership levels of 2019.Īccording to market research firm IBISWorld, the gym, health, and fitness clubs market is valued at over $32 billion. Fitness is becoming the biggest sport worldwide, per these numbers. A recent report by fitness firm Les Mills reveals that 50% of consumers are taking greater care of their well-being since 2021, 82% exercise regularly or plan to, and 75% visit a gym. Virtual training programs are now increasingly offered in studios to allow members to train more flexibly. Per the survey, virtual training was also steadily becoming more popular. These trends also included wearables, bodyweight training, outdoor activities, and high-intensity interval training. According to a survey by the American College of Sports Medicine, online training, a border term that includes live stream classes and workouts on demand, was for the first time ranked number one in the top ten fitness trends around the globe. Online training continues to gain traction in the fitness world even as the restrictions of the coronavirus are being relaxed in almost all parts of the world. If you want to read about some more fitness stocks, go directly to 5 Best Fitness Stocks To Invest In. In this article, we discuss 11 best fitness stocks to invest in.
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