Industry Analysis & Industry Trends
Demand for the Personal Trainers industry largely depends on per capita disposable income, since operators mainly provide a discretionary service. Demand for personal trainers also depends on health trends in the United States. The rising number of people participating in exercise will foster demand in the next five years. Nevertheless, personal trainers will need to shift their business models and focus on new markets to stay competitive in the increasingly large industry... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Personal Trainers industry is in the mature stage of its industry life cycle. Industry value added, which measures the industry's contribution to the overall economy, is estimated to rise at an average annual rate of 1.4% over the 10 years to 2017. Comparatively, GDP is forecast to increase on average 1.8% during this same period. Consequently, the industry is maintaining its share of the overall economy, a key indicator of its mature life cycle stage.
The size of the industry has continued to expand modestly, with industry employment projected to increase at an average annual rate of 2.2% over the 10-year period to an estimated 273,203 personal trainers by 2017... purchase to read more