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Gyms, Health & Fitness Clubs Global Industry Guide 2020-2029

Publisher MarketLine
Published Mar 20, 2025
Length 258 Pages
SKU # MTLN19989463

Description

Gyms, Health & Fitness Clubs Global Industry Guide 2020-2029

Summary

Global Gyms, Health & Fitness Clubs industry profile provides top-line qualitative and quantitative summary information including: Market size (value , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.

Key Highlights
  • Gyms, health and fitness clubs market includes establishments that offer facilities and services for physical exercise and fitness training, such as workout equipment, classes, personal training, and other amenities aimed at promoting health. Market revenues are calculated as the membership fees paid to clubs.
  • All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
  • The global gyms, health & fitness clubs market recorded revenues of $117.6 billion in 2024, representing a compound annual growth rate (CAGR) of 0.4% between 2019 and 2024.
  • The global gyms, health & fitness clubs market grew by 1.7% in 2024, primarily driven by rapid urbanization, which reshaped lifestyles and increased access to fitness facilities. According to the World Bank (WB), in 2024, the proportion of the urban population in Italy reached 72.3%, up from 71.9% in 2023.
  • The presence of substantial millennial and Gen Z populations, which are strongly focused on health, wellness, and personal fitness, supports the market growth. According to the US Census Bureau, in 2024, the Dutch millennial and Gen-Z populations reached 3.7 million and 3.5 million, respectively.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the global gyms, health & fitness clubs Market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global gyms, health & fitness clubs Market
  • Leading company profiles reveal details of key gyms, health & fitness clubs Market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global gyms, health & fitness clubs Market with five year forecasts
  • Macroeconomic indicators provide insight into general trends within the Asia-Pacific economy
Reasons to Buy
  • What was the size of the global gyms, health & fitness clubs Market by value in 2024?
  • What will be the size of the global gyms, health & fitness clubs Market in 2029?
  • What factors are affecting the strength of competition in the global gyms, health & fitness clubs Market?
  • How has the Market performed over the last five years?
  • How large is the global gyms, health & fitness clubs Market in relation to its regional counterparts?

Table of Contents

258 Pages
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Gyms, Health & Fitness Clubs
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Gyms, Health & Fitness Clubs in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Gyms, Health & Fitness Clubs in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Gyms, Health & Fitness Clubs in France
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Gyms, Health & Fitness Clubs in Germany
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Gyms, Health & Fitness Clubs in Italy
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Gyms, Health & Fitness Clubs in Japan
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Gyms, Health & Fitness Clubs in Australia
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Gyms, Health & Fitness Clubs in Canada
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Gyms, Health & Fitness Clubs in China
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Gyms, Health & Fitness Clubs in The Netherlands
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Gyms, Health & Fitness Clubs in Spain
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Gyms, Health & Fitness Clubs in The United Kingdom
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Macroeconomic Indicators
27.1. Country data
28 Gyms, Health & Fitness Clubs in The United States
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis
29 Macroeconomic Indicators
29.1. Country data
30 Company Profiles
30.1. Anytime Fitness LLC
30.2. Planet Fitness Inc
30.3. Basic Fit NV
30.4. Gold's Gym International Inc
30.5. Evolution Wellness Holdings Pte Ltd
30.6. Jetts Fitness Pty Ltd
30.7. Pure Gym Ltd
30.8. David Lloyd Leisure Ltd
30.9. RSG Group GmbH
30.10. Cleverfit GmbH
30.11. Snap Fitness
30.12. Smart Fit
30.13. Bodytech Participacoes SA
30.14. Cia Athletica
30.15. Bluefit Academias de Ginastica e Participacoes SA
30.16. GoodLife Fitness Centres Inc
30.17. CSI Bally Total Fitness Ltd
30.18. Diverse Retails Pvt Ltd
30.19. Crunch Holdings LLC
30.20. Virgin Active Ltd
30.21. Rizap Group Inc
30.22. Konami Group Corp
30.23. Equinox Holdings Inc
30.24. World Class Fitness Club
30.25. Fitness House
30.26. SATS ASA
30.27. Nordic Wellness
30.28. EVO Fitness
30.29. Amore Fitness Pte Ltd
30.30. Zone Fitness
30.31. KD Healthcare Co Ltd
30.32. Mars Sportif Tesisler Isletmecilik AS
30.33. 4TP Fitness
31 Appendix
31.1. Methodology
31.2. About MarketLine
List of Tables
Table 1: Global gyms, health & fitness clubs market value: $ billion, 2019-24
Table 2: Global gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 3: Global gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 4: Global Size of Population (Million), 2020-24
Table 5: Global Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 6: Global GDP (Current Prices, $ Billion), 2020-24
Table 7: Global Inflation, 2020-24
Table 8: Global Consumer Price Index (Absolute), 2020-24
Table 9: Global Exchange Rate, 2019-24
Table 10: Asia-Pacific gyms, health & fitness clubs market value: $ billion, 2019-24
Table 11: Asia-Pacific gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 12: Asia-Pacific gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 13: Europe gyms, health & fitness clubs market value: $ billion, 2019-24
Table 14: Europe gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 15: Europe gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 16: Europe Size of Population (Million), 2020-24
Table 17: Europe Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 18: Europe GDP (Current Prices, $ Billion), 2020-24
Table 19: Europe Inflation, 2020-24
Table 20: Europe Consumer Price Index (Absolute), 2020-24
Table 21: Europe Exchange Rate, 2019-24
Table 22: France gyms, health & fitness clubs market value: $ billion, 2019-24
Table 23: France gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 24: France gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 25: France Size of Population (Million), 2020-24
Table 26: France Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 27: France GDP (Current Prices, $ Billion), 2020-24
Table 28: France Inflation, 2020-24
Table 29: France Consumer Price Index (Absolute), 2020-24
Table 30: France Exchange Rate, 2019-24
Table 31: Germany gyms, health & fitness clubs market value: $ billion, 2019-24
Table 32: Germany gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 33: Germany gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 34: Germany Size of Population (Million), 2020-24
Table 35: Germany Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 36: Germany GDP (Current Prices, $ Billion), 2020-24
Table 37: Germany Inflation, 2020-24
Table 38: Germany Consumer Price Index (Absolute), 2020-24
Table 39: Germany Exchange Rate, 2019-24
Table 40: Italy gyms, health & fitness clubs market value: $ billion, 2019-24
Table 41: Italy gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 42: Italy gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 43: Italy Size of Population (Million), 2020-24
Table 44: Italy Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 45: Italy GDP (Current Prices, $ Billion), 2020-24
Table 46: Italy Inflation, 2020-24
Table 47: Italy Consumer Price Index (Absolute), 2020-24
Table 48: Italy Exchange Rate, 2019-24
Table 49: Japan gyms, health & fitness clubs market value: $ billion, 2019-24
Table 50: Japan gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 51: Japan gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 52: Japan Size of Population (Million), 2020-24
Table 53: Japan Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 54: Japan GDP (Current Prices, $ Billion), 2020-24
Table 55: Japan Inflation, 2020-24
Table 56: Japan Consumer Price Index (Absolute), 2020-24
Table 57: Japan Exchange Rate, 2019-24
Table 58: Australia gyms, health & fitness clubs market value: $ billion, 2019-24
Table 59: Australia gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 60: Australia gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 61: Australia Size of Population (Million), 2020-24
Table 62: Australia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 63: Australia GDP (Current Prices, $ Billion), 2020-24
Table 64: Australia Inflation, 2020-24
Table 65: Australia Consumer Price Index (Absolute), 2020-24
Table 66: Australia Exchange Rate, 2019-24
Table 67: Canada gyms, health & fitness clubs market value: $ billion, 2019-24
Table 68: Canada gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 69: Canada gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 70: Canada Size of Population (Million), 2020-24
Table 71: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 72: Canada GDP (Current Prices, $ Billion), 2020-24
Table 73: Canada Inflation, 2020-24
Table 74: Canada Consumer Price Index (Absolute), 2020-24
Table 75: Canada Exchange Rate, 2019-24
Table 76: China gyms, health & fitness clubs market value: $ billion, 2019-24
Table 77: China gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 78: China gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 79: China Size of Population (Million), 2020-24
Table 80: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 81: China GDP (Current Prices, $ Billion), 2020-24
Table 82: China Inflation, 2020-24
Table 83: China Consumer Price Index (Absolute), 2020-24
Table 84: China Exchange Rate, 2019-24
Table 85: Netherlands gyms, health & fitness clubs market value: $ billion, 2019-24
Table 86: Netherlands gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 87: Netherlands gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 88: Netherlands Size of Population (Million), 2020-24
Table 89: Netherlands Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 90: Netherlands GDP (Current Prices, $ Billion), 2020-24
Table 91: Netherlands Inflation, 2020-24
Table 92: Netherlands Consumer Price Index (Absolute), 2020-24
Table 93: Netherlands Exchange Rate, 2019-24
Table 94: Spain gyms, health & fitness clubs market value: $ billion, 2019-24
Table 95: Spain gyms, health & fitness clubs market geography segmentation: $ billion, 2024
Table 96: Spain gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Table 97: Spain Size of Population (Million), 2020-24
Table 98: Spain Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 99: Spain GDP (Current Prices, $ Billion), 2020-24
Table 100: Spain Inflation, 2020-24
Table 101: Spain Consumer Price Index (Absolute), 2020-24
Table 102: Spain Exchange Rate, 2019-24
List of Figures
Figure 1: Global gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 2: Global gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 3: Global gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 4: Forces driving competition in the global gyms, health & fitness clubs market, 2024
Figure 5: Drivers of buyer power in the global gyms, health & fitness clubs market, 2024
Figure 6: Drivers of supplier power in the global gyms, health & fitness clubs market, 2024
Figure 7: Factors influencing the likelihood of new entrants in the global gyms, health & fitness clubs market, 2024
Figure 8: Factors influencing the threat of substitutes in the global gyms, health & fitness clubs market, 2024
Figure 9: Drivers of degree of rivalry in the global gyms, health & fitness clubs market, 2024
Figure 10: Asia-Pacific gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 11: Asia-Pacific gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 12: Asia-Pacific gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 13: Forces driving competition in the gyms, health & fitness clubs market in Asia-Pacific, 2024
Figure 14: Drivers of buyer power in the gyms, health & fitness clubs market in Asia-Pacific, 2024
Figure 15: Drivers of supplier power in the gyms, health & fitness clubs market in Asia-Pacific, 2024
Figure 16: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in Asia-Pacific, 2024
Figure 17: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in Asia-Pacific, 2024
Figure 18: Drivers of degree of rivalry in the gyms, health & fitness clubs market in Asia-Pacific, 2024
Figure 19: Europe gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 20: Europe gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 21: Europe gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 22: Forces driving competition in the gyms, health & fitness clubs market in Europe, 2024
Figure 23: Drivers of buyer power in the gyms, health & fitness clubs market in Europe, 2024
Figure 24: Drivers of supplier power in the gyms, health & fitness clubs market in Europe, 2024
Figure 25: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in Europe, 2024
Figure 26: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in Europe, 2024
Figure 27: Drivers of degree of rivalry in the gyms, health & fitness clubs market in Europe, 2024
Figure 28: France gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 29: France gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 30: France gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 31: Forces driving competition in the gyms, health & fitness clubs market in France, 2024
Figure 32: Drivers of buyer power in the gyms, health & fitness clubs market in France, 2024
Figure 33: Drivers of supplier power in the gyms, health & fitness clubs market in France, 2024
Figure 34: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in France, 2024
Figure 35: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in France, 2024
Figure 36: Drivers of degree of rivalry in the gyms, health & fitness clubs market in France, 2024
Figure 37: Germany gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 38: Germany gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 39: Germany gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 40: Forces driving competition in the gyms, health & fitness clubs market in Germany, 2024
Figure 41: Drivers of buyer power in the gyms, health & fitness clubs market in Germany, 2024
Figure 42: Drivers of supplier power in the gyms, health & fitness clubs market in Germany, 2024
Figure 43: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in Germany, 2024
Figure 44: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in Germany, 2024
Figure 45: Drivers of degree of rivalry in the gyms, health & fitness clubs market in Germany, 2024
Figure 46: Italy gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 47: Italy gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 48: Italy gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 49: Forces driving competition in the gyms, health & fitness clubs market in Italy, 2024
Figure 50: Drivers of buyer power in the gyms, health & fitness clubs market in Italy, 2024
Figure 51: Drivers of supplier power in the gyms, health & fitness clubs market in Italy, 2024
Figure 52: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in Italy, 2024
Figure 53: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in Italy, 2024
Figure 54: Drivers of degree of rivalry in the gyms, health & fitness clubs market in Italy, 2024
Figure 55: Japan gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 56: Japan gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 57: Japan gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 58: Forces driving competition in the gyms, health & fitness clubs market in Japan, 2024
Figure 59: Drivers of buyer power in the gyms, health & fitness clubs market in Japan, 2024
Figure 60: Drivers of supplier power in the gyms, health & fitness clubs market in Japan, 2024
Figure 61: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in Japan, 2024
Figure 62: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in Japan, 2024
Figure 63: Drivers of degree of rivalry in the gyms, health & fitness clubs market in Japan, 2024
Figure 64: Australia gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 65: Australia gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 66: Australia gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 67: Forces driving competition in the gyms, health & fitness clubs market in Australia, 2024
Figure 68: Drivers of buyer power in the gyms, health & fitness clubs market in Australia, 2024
Figure 69: Drivers of supplier power in the gyms, health & fitness clubs market in Australia, 2024
Figure 70: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in Australia, 2024
Figure 71: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in Australia, 2024
Figure 72: Drivers of degree of rivalry in the gyms, health & fitness clubs market in Australia, 2024
Figure 73: Canada gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 74: Canada gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 75: Canada gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 76: Forces driving competition in the gyms, health & fitness clubs market in Canada, 2024
Figure 77: Drivers of buyer power in the gyms, health & fitness clubs market in Canada, 2024
Figure 78: Drivers of supplier power in the gyms, health & fitness clubs market in Canada, 2024
Figure 79: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in Canada, 2024
Figure 80: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in Canada, 2024
Figure 81: Drivers of degree of rivalry in the gyms, health & fitness clubs market in Canada, 2024
Figure 82: China gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 83: China gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 84: China gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 85: Forces driving competition in the gyms, health & fitness clubs market in China, 2024
Figure 86: Drivers of buyer power in the gyms, health & fitness clubs market in China, 2024
Figure 87: Drivers of supplier power in the gyms, health & fitness clubs market in China, 2024
Figure 88: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in China, 2024
Figure 89: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in China, 2024
Figure 90: Drivers of degree of rivalry in the gyms, health & fitness clubs market in China, 2024
Figure 91: Netherlands gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 92: Netherlands gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 93: Netherlands gyms, health & fitness clubs market value forecast: $ billion, 2024-29
Figure 94: Forces driving competition in the gyms, health & fitness clubs market in the Netherlands, 2024
Figure 95: Drivers of buyer power in the gyms, health & fitness clubs market in the Netherlands, 2024
Figure 96: Drivers of supplier power in the gyms, health & fitness clubs market in the Netherlands, 2024
Figure 97: Factors influencing the likelihood of new entrants in the gyms, health & fitness clubs market in the Netherlands, 2024
Figure 98: Factors influencing the threat of substitutes in the gyms, health & fitness clubs market in the Netherlands, 2024
Figure 99: Drivers of degree of rivalry in the gyms, health & fitness clubs market in the Netherlands, 2024
Figure 100: Spain gyms, health & fitness clubs market value: $ billion, 2019-24
Figure 101: Spain gyms, health & fitness clubs market geography segmentation: % share, by value, 2024
Figure 102: Spain gyms, health & fitness clubs market value forecast: $ billion, 2024-29

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