Will India's fitness market revenue grow by 15% annually to reach Rs 37,700 crore by 2030?

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Will India's fitness market revenue grow by 15% annually to reach Rs 37,700 crore by 2030?

Synopsis

The Indian fitness market is set for a massive transformation, projected to reach Rs 37,700 crore by 2030. Discover how boutique studios and community-driven models are reshaping the landscape, presenting both challenges and opportunities in a burgeoning sector.

Key Takeaways

  • The Indian fitness market is set to reach Rs 37,700 crore by 2030.
  • Anticipated annual growth rate is 15 percent (CAGR).
  • Boutique fitness studios are growing at a CAGR of 18.8 percent.
  • India will see 23.3 million fitness facility members by 2030.
  • Significant untapped potential exists among inactive populations.

New Delhi, Sep 9 (NationPress) India’s fitness economy is experiencing remarkable growth, projected to reach Rs 37,700 crore (approximately $4.5 billion) by 2030, according to a report released on Tuesday.

The analysis by Deloitte India and the Health & Fitness Association (HFA) indicates a strong annual growth rate of 15 percent (CAGR), up from an estimated Rs 16,200 crore (about $1.9 billion) in 2024.

It highlighted that boutique fitness studios, which specialize in unique, instructor-led sessions like high-intensity interval training (HIIT), yoga, mixed martial arts (MMA), and pilates, represent the fastest-growing segment, with an anticipated CAGR of 18.8 percent through 2030.

This surge signifies a clear shift among consumers towards personalized, immersive, and community-focused fitness experiences, as noted in the report.

As of 2024, there are approximately 12.3 million fitness facility members in India, with projections suggesting this number will increase to 23.3 million by 2030, reflecting an 11 percent CAGR.

Additionally, membership penetration is expected to surpass 1.7 percent by 2030, indicating both growth potential and considerable opportunity for further expansion, according to the report.

“While the market is on track to more than double by 2030, the untapped potential is significant, given that nearly 820 million Indians aged between 18 and 62 are currently inactive. This presents both a challenge and an opportunity,” stated Praveen Govindu, Partner at Deloitte India.

“To fully realize its potential, the industry must extend beyond metropolitan areas and affluent clients, focusing on developing inclusive, affordable, and community-centric fitness models that cater to smaller towns, women, and low-income households,” he added.

The report, derived from a survey of over 3,000 Indian consumers across more than 40 cities, revealed that the top ten cities, including Mumbai, Delhi NCR, and Bengaluru, account for 56 percent of market revenue, while only housing 31 percent of fitness facilities.

Among India’s 956 million individuals aged 18-62, merely 15 percent of those physically active participate in paid fitness activities, indicating ample opportunity for community-based and affordable fitness solutions.

Point of View

It’s evident that the market is not just expanding but evolving. While significant growth is anticipated, there remains a substantial gap in reaching inactive populations. The call for inclusive and affordable fitness solutions is crucial for engaging diverse communities. As the industry moves forward, these insights should guide strategies to ensure no demographic is left behind.
NationPress
09/09/2025

Frequently Asked Questions

What is the projected revenue for India's fitness market by 2030?
India's fitness market is projected to reach Rs 37,700 crore (about $4.5 billion) by 2030.
What is the expected annual growth rate for the fitness industry?
The fitness industry is expected to grow at a rate of 15 percent annually (CAGR).
Which segment of the fitness industry is growing the fastest?
Boutique fitness studios offering niche, instructor-led formats, such as HIIT, yoga, and MMA, are the fastest-growing segment with an expected CAGR of 18.8 percent.
How many fitness facility members are expected in India by 2030?
Membership numbers are projected to increase from 12.3 million in 2024 to 23.3 million by 2030.
What opportunity exists for the fitness market in India?
There is a significant opportunity, as nearly 820 million Indians aged 18 to 62 remain inactive, indicating potential for community-based and affordable fitness models.