Working out: As disposable incomes rise, more individuals will purchase gym memberships

The Gym, Health and Fitness Clubs industry has benefited from recent marketing campaigns aimed at fighting obesity, as well as consumer trends toward improved health. Further driving demand for industry services, many health-conscious individuals have incorporated fitness into their daily regimen. Additionally, the number of adults aged 20 to 64, the largest gym-going demographic, has grown, spurring demand for gym memberships over the period. As a result, in the five years to 2017, industry revenue is expected to grow. Over the five years to 2022, many baby boomers are expected to sign up for health club memberships, as they grow more health-conscious due to their age. Consequently, industry revenue is forecast to grow during the five-year period...read more.

Industry Statistics & Market Size
Revenue
$31bn
Annual Growth 12-17
2.1%
Forecast Growth 17-22
Profit
Employment
780,732
Businesses
108,292
Market Share of Companies
What Our Customers Say

Industry Threats & Opportunities

  • Many health-conscious individuals have incorporated fitness into their daily regimen, which has helped drive demand
  • The emergence of budget-conscious gym members has changed the industry
  • Over the next five years, demographic changes will increasingly drive growth
  • Industry Report - Industry Locations Chapter

    The four regions that encompass the greatest percentages of gyms and health and fitness clubs include the Southeast (23.3% of establishments), the Mid-Atlantic (18.4%), the West (16.6%) and the Great Lakes (13.8%) regions of the United States. Together these four regions account for 72.2% of total industry establishments. Establishments are particularly concentrated in the following states: California (11.6% of establishments), New York (7.2%), Texas (6.8%), Florida (6.0%) and Pennsylvania (4.3%). Typically, highly populated regions have a higher portion of industry establishments. This trend can be attributed to consumer's lack of willingness to travel excessive distances to perform exercise or become a member of a fitness or recreational sports center...purchase to read more.

    Additional Insights for the Gym, Health & Fitness Clubs Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Gym, Health & Fitness Clubs Industry are

  • Easy access for clients
  • Effective product promotion
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Participation in sports and Time spent on leisure and sports in the Gym, Health & Fitness Clubs industry impact industry performance..

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    What is the Gym, Health & Fitness Clubs Industry?

    This industry operates fitness and recreational sports facilities that feature exercise and other active physical fitness conditioning or recreational sports activities, such as swimming, skating or racquet sports. Operators are also involved in facilities management and fitness instruction.

    Industry Products
  • Membership fees
  • Personal training services
  • Guest admission
  • Meals and beverages
  • Merchandise sales
  • Spa services
  • Industry Activities
  • Operating aerobic dance and exercise centers
  • Operating athletic club facilities for physical fitness
  • Operating bodybuilding studios for physical fitness
  • Operating fitness centers, health clubs and gyms
  • Operating recreational sports club facilities
  • Operating ice or roller skating rinks
  • Operating spas
  • Operating squash, racquetball or tennis clubs
  • Operating swimming pools
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Participation in sports
  • Time spent on leisure and sports
  • Per capita disposable income
  • Number of adults aged 20 to 64
  • Yield on 10-year Treasury note

  • Current Performance
  • Industry landscape
  • Fitness trends
  • Chart: Revenue Growth

  • Industry Outlook
  • New demographics
  • Industry landscape
  • Table: Gym, Health & Fitness Clubs Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gym, Health & Fitness Clubs Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Athletic & Sporting Goods Manufacturing
  • Gym & Exercise Equipment Manufacturing
  • Heating & Air-Conditioning Contractors
  • Plumbers
  • Steam & Air-Conditioning Supply

  • Products & Services
  • Membership fees
  • Personal training services
  • Other
  • Meals and beverages
  • Guest admission
  • Merchandise sales
  • Spa services
  • Chart: Gym, Health & Fitness Clubs Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 18 to 35
  • Consumers aged 35 to 50
  • Consumers aged 50 and older
  • Consumers aged 18 and younger
  • Chart: Major Market Segmentation for the Gym, Health & Fitness Clubs Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent and utilitiesDepreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Gym, Health & Fitness Clubs

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Gym, Health & Fitness Clubs Industry

  • Industry Globalization
    Fitness International LLC
  • Table: Fitness International LLC - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Gym, Health & Fitness Clubs Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Gym, Health & Fitness Clubs Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Healthy eating index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Baby Boomer
  • A person born between 1946 and 1964 accounting for a major proportion of the population.
  • Cardiovascular Equipment
  • Equipment used for aerobic exercise, meant to be used at light to medium intensity for a long period of time, e.g. treadmills, elliptical trainers and stationary bikes.
  • Pilates
  • A physical fitness system developed in the early 20th century by Joseph Pilates with a focus on the strength and endurance of core muscle groups.
  • Retention Rate
  • A rate comparing the number of new gym memberships to canceled gym memberships.
  • Why buy this report?

    IBISWorld’s industry research report on Gym, Health & Fitness Clubs contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Gym, Health & Fitness Clubs:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Gym, Health & Fitness Clubs market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Gym, Health & Fitness Clubs, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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