Working on it: Major players are expected to continue expanding, boosting industry revenue

Companies in the Gym, Health and Fitness Clubs industry in New Jersey operate fitness and recreation sports facilities that offer general workout equipment and space, among other physical fitness conditioning services. Over the five years to 2018, the industry has performed well, as consumers have become increasingly health conscious, incorporating fitness into their daily regimen. Additionally, positive economic trends, such as increased levels of per capita disposable income in New Jersey, have enabled more consumers to afford gym and fitness center memberships. Thus, over the past five years, industry revenue is expected to increase at an annualized rate of 1.4% to $1.3 billion, including estimated growth of 0.8% in 2018 alone...purchase to read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 13-18
1.4%
Forecast Growth 18-23
Profit
Employment
34,296
Businesses
3,939

Industry Threats & Opportunities

  • As consumers’ participation in sports increased during the period, industry revenue has grown
  • Industry Report - Industry Investment Chapter

    ***This section is not used for US State reports***...purchase to read more.

    Additional Insights for the Gym, Health & Fitness Clubs in New Jersey Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Gym, Health & Fitness Clubs in New Jersey 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 in New Jersey industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Gym, Health & Fitness Clubs in New Jersey 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
  • 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
  • Gym, Health & Fitness 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
  • 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
  • Ski & Snowboard Resorts 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
  • Participation in sports
  • Time spent on leisure and sports
  • Per Capita Disposable Income in New Jersey
  • Number of adults aged 20 to 64 in New Jersey
  • Yield on 10-year Treasury note

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gym, Health & Fitness Clubs in New Jersey 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
  • Guest admission
  • Meals and beverages
  • Spa services
  • Merchandise sales
  • Chart: Gym, Health & Fitness Clubs in New Jersey Industry Products and Services Segmentation

  • 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 in New Jersey Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Gym, Health & Fitness Clubs in New Jersey

  • Basis of Competition
    Barriers to Entry
    Fitness International LLC, Life Time Fitness Inc., Equinox Holdings Inc., Planet Fitness Inc.,
  • Table: Fitness International LLC - financial performance
  • Table: Life Time Fitness Inc. - financial performance
  • Table: Equinox Holdings Inc. - financial performance
  • Table: Planet Fitness Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Gym, Health & Fitness Clubs in New Jersey 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 New Jersey Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total Health Expenditure (2009-2023)

  • 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 research report on Gym, Health & Fitness Clubs in New Jersey provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    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 New Jersey:
    • 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 New Jersey 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 New Jersey, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear