The Gym, Health, and Fitness Clubs Industry in Florida is Booming

As the CFO of Taylor Capital Holdings, Kevin Scott Woolf oversees the acquisition, financing, and management of real estate properties. In this capacity, Kevin Scott Woolf has been actively involved in the planning of the construction of the Taylor Hotel in Winter Haven, Florida. He has also looked at purchasing a chain of gyms.

The gym, health, and fitness clubs industry in Florida is booming, according to industry market research conducted by IBISWorld, a company that provides market insights into a wide range of industries around the world. The gym, health, and fitness industry in Florida has experienced a one percent growth between 2014 and 2019, which is driven by the increasing preference for a healthier lifestyle. In 2019, the industry is expected to generate two billion dollars in revenue.

The same growth in revenue is accompanied by an increase in the number of related businesses, up to 7,365 in 2019. Currently, the Florida companies that hold the largest market share in the industry are Equinox Fitness, Fitness International, Life Time, Inc., and 24 Hour Fitness USA, Inc. The fitness companies' common products and services are personal training, membership fees, guest admissions, spa services, merchandise, and meals and drinks.

For more information about the IBISWorld industry reports, visit https://www.ibisworld.com.