The “South America Health and Fitness Club Market – Growth, Trends and Forecast (2020-2025)” report has been added to ResearchAndMarkets.com’s offering.
The South American Health and Fitness Club Market is projected to grow at a CAGR of 6.49% during the forecast period (2020-2025).
The growing health consciousness and the rising healthcare costs are leading customers to consume healthy food and engage in regular workouts to remain fit. Thus, customers are increasingly adopting preventive healthcare, which, in turn, resulted in an increased number of fitness club establishments in the region.
According to the Federal Council of Physical Education, there was more than a 12% increment in the number of fitness clubs in Brazil during 2012-2016. The statistics portray a proportionate rise in the number of consumers opting for such services to meet fitness requisites.
The rise in government initiatives to promote fitness has also been driving market growth. Furthermore, to sustain