Weight for it: Revenue will rise as consumers become increasingly aware of the effects of a sedentary lifestyle

The Gym, Health and Fitness Clubs industry has fared well in Florida over the past five years, driven primarily by growing awareness of the obesity epidemic. As more individuals aim to make active, healthy lifestyle choices, demand for gyms and fitness centers has increased. In addition to the boon provided by mounting health consciousness, industry revenue has been propelled by Florida's strengthening macroeconomic climate. Over the five years to 2022, industry revenue is forecast to continue growing...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
2.4%
Forecast Growth 17-22
Profit
Employment
34,629
Businesses
6,733

Industry Threats & Opportunities

  • Industry revenue has been propelled by Florida’s strengthening macroeconomic climate
  • Many new operators have entered the industry to take advantage of heightened demand
  • Fitness centers that offer up-to-date fitness technology and flexible hours will fare well
  • Additional Insights for the Gym, Health & Fitness Clubs in Florida Industry

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

  • Easy access for clients
  • Effective product promotion
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income in Florida and Participation in sports in the Gym, Health & Fitness Clubs in Florida industry impact industry performance..

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    What's in this report

    What is the Gym, Health & Fitness Clubs in Florida 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 trainers
  • Guest admissions
  • 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
  • Similar Industries
  • Golf Driving Ranges & Family Fun Centers
  • Hotels & Motels
  • Weight Loss Services
  • Tanning Salons
  • Golf Courses & Country Clubs in California
  • Gym, Health & Fitness Clubs in California
  • Golf Courses & Country Clubs in New York
  • Gym, Health & Fitness Clubs in New York
  • Golf Courses & Country Clubs in Illinois
  • Gym, Health & Fitness Clubs in Illinois
  • Golf Courses & Country Clubs in Texas
  • Gym, Health & Fitness Clubs in Texas
  • Golf Courses & Country Clubs in Florida
  • Golf Courses & Country Clubs in Massachusetts
  • Gym, Health & Fitness Clubs in Massachusetts
  • Golf Courses & Country Clubs in Ohio
  • Gym, Health & Fitness Clubs in Ohio
  • Golf Courses & Country Clubs in Pennsylvania
  • Gym, Health & Fitness Clubs in Pennsylvania
  • Golf Courses & Country Clubs in New Jersey
  • Gym, Health & Fitness Clubs in New Jersey
  • Golf Courses & Country Clubs in Georgia
  • Golf Courses & Country Clubs in Michigan
  • Gym, Health & Fitness Clubs in Michigan
  • Golf Courses & Country Clubs in Wisconsin
  • Gym, Health & Fitness Clubs in Wisconsin
  • Golf Courses & Country Clubs in Washington
  • Gym, Health & Fitness Clubs in Washington
  • Golf Courses & Country Clubs in Virginia
  • Gym, Health & Fitness Clubs in Virginia
  • Golf Courses & Country Clubs in Tennessee
  • Gym, Health & Fitness Clubs in Tennessee
  • Gym, Health & Fitness Clubs in Missouri
  • Golf Courses & Country Clubs in North Carolina
  • Gym, Health & Fitness Clubs in North Carolina
  • Golf Courses & Country Clubs in Minnesota
  • Gym, Health & Fitness Clubs in Minnesota
  • Golf Courses & Country Clubs in Maryland
  • Gym, Health & Fitness Clubs in Maryland
  • Golf Courses & Country Clubs in Colorado
  • Gym, Health & Fitness Clubs in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income in Florida
  • Participation in sports
  • Total health expenditure in Florida
  • Number of adults aged 20 to 64 in Florida
  • Time spent on leisure and sports

  • Current Performance
  • Health consciousness
  • Macroeconomic gains
  • Chart: Revenue Growth

  • Industry Outlook
  • A healthy push
  • Income gains
  • Table: Gym, Health & Fitness Clubs in Florida Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gym, Health & Fitness Clubs in Florida 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 trainers
  • Other
  • Guest admissions
  • Meals and beverages
  • Merchandise sales
  • Spa services
  • Chart: Gym, Health & Fitness Clubs in Florida Industry Products and Services Segmentation

  • Major Markets
  • Consumers aged 35 to 54
  • Consumers aged 55 and older
  • Consumers aged 35 and younger
  • Chart: Major Market Segmentation for the Gym, Health & Fitness Clubs in Florida Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Gym, Health & Fitness Clubs in Florida

  • Basis of Competition
  • Internal competition
  • External competition

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

  • Fitness International LLC, Equinox Fitness, 24 Hour Fitness USA Inc., Gold's Gym International Inc., Life Time Fitness Inc., Zone Fitness Clubs,
  • Table: Fitness International LLC - financial performance
  • Table: Equinox Fitness - financial performance
  • Table: 24 Hour Fitness USA Inc. - financial performance
  • Table: Gold's Gym International Inc. - financial performance
  • Table: Life Time Fitness Inc. - financial performance
  • Table: Zone Fitness Clubs - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Gym, Health & Fitness Clubs in Florida 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 in Florida Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total health expenditure in Florida (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    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.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Gym, Health & Fitness Clubs in Florida is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    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
    • Quickly build competitive intelligence
    This report on Gym, Health & Fitness Clubs in Florida:
    • 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 in Florida 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 in Florida, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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