Whipped into shape: The industry will benefit from ncreased awareness about the benefits of exercise

The Gym, Health and Fitness Clubs industry in New York has benefited in recent years from increased awareness about the benefits of exercise, increased demand from consumers aged 55 years or older and favorable legislation. Over the five years to 2022, revenue will grow at an accelerated pace as gains in per capita disposal income pick up. Moreover, baby boomers are anticipated to obtain gym memberships in greater numbers and demand value-added services during this period as they work to offset the effects of ageing...read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
0.9%
Forecast Growth 17-22
Profit
Employment
59,424
Businesses
2,439
What Our Customers Say

Industry Threats & Opportunities

  • Demand from aging baby boomers for value-added industry services will aid revenue growth
  • Favorable legislation has increased demand for industry services
  • Price-based competition will limit industry revenue growth
  • Industry Report - Industry SWOT Analysis Chapter

    ***This section is not used for US State reports.***Only set Reasons & Level!...purchase to read more.

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

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

  • Easy access for clients
  • Effective product promotion
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Number of adults aged 20 to 64 in New York and Per Capita Disposable Income in New York in the Gym, Health & Fitness Clubs in New York industry impact industry performance..

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    What is the Gym, Health & Fitness Clubs in New York Industry?

    This industry operates fitness and recreational sports facilities in New York 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
  • Meals and beverages
  • Childcare services
  • Facilities rental
  • Sales of sporting accessories
  • 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
  • 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
  • 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
  • Number of adults aged 20 to 64 in New York
  • Per Capita Disposable Income in New York
  • Participation in sports
  • Time spent on leisure and sports

  • Current Performance
  • New opportunities
  • Mitigating factors
  • Chart: Revenue Growth

  • Industry Outlook
  • Continued fragmentation
  • Rising wage costs
  • Increasing profit margins
  • Table: Gym, Health & Fitness Clubs in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gym, Health & Fitness Clubs in New York 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
  • Other
  • Personal trainers
  • Meals and beverages
  • Facilities rental
  • Childcare services
  • Sales of sporting accessories
  • Chart: Gym, Health & Fitness Clubs in New York Industry Products and Services Segmentation

  • Major Markets
  • Consumers aged 34 or younger
  • Consumers aged 34 to 54
  • Consumers aged 55 or older
  • Chart: Major Market Segmentation for the Gym, Health & Fitness Clubs in New York 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
  • Chart: Cost Structure Benchmarking – Sector vs Gym, Health & Fitness Clubs in New York

  • Basis of Competition
  • Internal competition
  • External competition

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

  • YMCA of the USAEquinox Holdings Inc.Planet Fitness Inc.Town Sports International, Inc.
  • Table: YMCA of the USA - financial performance
  • Table: Equinox Holdings Inc. - financial performance
  • Table: Planet Fitness Inc. - financial performance
  • Table: Town Sports International, Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Gym, Health & Fitness Clubs in New York 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 York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of adults aged 20 to 64 in New York (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.
  • Defibrillator
  • An electronic treatment for life-threatening cardiac conditions. Gyms are required by law to have these on premises.
  • The Department Of Health And Human Services
  • A federal department tasked with improving the health of the American people and in providing health services.
  • Why buy this report?

    IBISWorld’s Gym, Health & Fitness Clubs in New York Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Gym, Health & Fitness Clubs in New York industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

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

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