Industry Analysis & Industry Trends
Staying fit
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 Analysis Chapter
In the five years to 2011, revenue for the Personal Trainers industry is expected to increase at an average annual rate of 1.0% to $7.2 billion; however, revenue growth has not been constant. Prior to 2008, an increasingly health-conscious population and generally strong economy benefited the industry. However, because of lower disposable income and less participation in sports during the recession, revenue declined in 2008 and 2009. Revenue has started to bounce back as the economy slowly recovers. IBISWorld anticipates that industry revenue will increase by 1.4% in 2011 as disposable income rebounds and consumers begin to spend more on discretionary services.
Resisting the recession
Prior to the recession, the Personal Trainers industry was thriving. Par... purchase to read more