Industry Analysis & Industry Trends
The Children's Fitness Center Franchises industry made it through the last five years without too much damage. Despite a couple of years of revenue loss during the recession, the industry was supported by increasing awareness of children's fitness. Despite emerging relatively unscathed revenue-wise, many franchisors had to close underperforming locations to try to stay afloat. As the economy continues to recover, the industry can expect to see larger revenue gains, but will face competition in video games that promote physical fitness.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Currently, the Children's Fitness Center Franchises industry is in the mature phase of its life cycle. The industry has benefitted from growing awareness of the advantages from exercising regularly. Specifically, childhood obesity has immediate and long-term effects on health and well-being, which has positively impacted industry demand as parents aim to keep their children healthy. These trends have driven demand leading up to the economic downturn and helped to offset losses throughout the worst of the recession.
Over the 10 years to 2017, the industry's contribution to the overall economy, measured by industry value added (IVA), is expected to increase at an annualized rate of 1.9%, matching GDP growth of 1.9% per year on average... purchase to read more