$561.7m
$XX.Xm
14,185
7,459
$XXX.Xm
Kickboxing studios have enjoyed strong growth over the current period despite the outbreak of COVID-19 in 2020 hammering kickboxing studios. Social distancing measures prevented kickboxing studios from practicing. Nonetheless, following the reopening of the economy and vaccine rollouts, pent-up demand led to solid growth in 2021. Still, kickboxing studios did not fully recover because of the difficulty in gaining back customers they had lost. Nonetheless, growth in total recreation expenditure enabled kickboxing studios to recover over the current period. Revenue has been increasing at a CAGR of 3.0% to total an estimated $566.6 million in 2024, including an estimated increase of 0.7% in 2024 alone. Profit has also expanded amid solid growth. The number of nonemployers beginning to operate led to falling wage costs, bolstering profit. Still, climbing rental costs have subdued profit growth over the current period.
Industry revenue has grown at a CAGR of 3.0 % over the past five years, to reach an estimated $561.7m in 2024.
Market size is projected to grow over the next five years.
There are no companies that hold a large enough market share in the Kickboxing Studios in the US industry for IBISWorld to include in this product.
Industry revenue is measured across several distinct product and services lines, including Membership, Personal training and instructional programs and Other services. Membership is the largest segment of the Kickboxing Studios in the US.
Various factors contribute to membership comprising the largest market
Kickboxing studios train individuals in kickboxing by teaching various techniques in group and private classes. Kickboxing studios host matches and often sell sports-related equipment like wraps, gloves and protective gear.
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NAICS 611620 - Kickboxing Studios in the US
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The outbreak of COVID-19 led to considerable declines. Still, pent-up demand as the economy reopened led to solid growth for kickboxing studios.
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Memberships bolster kickboxing studios. The cost, the benefit of training partners and the social aspect of group training sessions contribute to growth in this segment.
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Kickboxing studios face various forms of external competition. Other martial arts like boxing and karate are substitutes for kickboxing. Also, exercise classes, like spin cla...
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Kickboxing studios receive little public assistance. Private associations like the International Kickboxing Federation (IKF), the International Sport Kickboxing Association (...
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Solid growth and falling wage costs have led to modest profit expansion. The increasing number of nonemployers has led to wages falling as a share of revenue, pushing profit.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Kickboxing Studios in the US industry in United States is $561.7m in 2024.
There are 7,459 businesses in the Kickboxing Studios in the US industry in United States, which has grown at a CAGR of 4.0 % between 2019 and 2024.
The market size of the Kickboxing Studios in the US industry in United States has been growing at a CAGR of 3.0 % between 2019 and 2024.
Over the next five years, the Kickboxing Studios in the US industry in United States is expected to grow.
Providing group kickboxing classes and Hosting kickboxing matches are part of the Kickboxing Studios in the US industry.
The level of competition is high and steady in the Kickboxing Studios in the US industry in United States.