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

The Gym, Health & Fitness Clubs in New York Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.


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

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    Industry Analysis & Industry Trends

    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...

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    Industry Report - Industry Products Chapter

    Membership fees

    Membership fees account for 58.8% of industry revenue. Included in this measure are gym initiation fees and monthly membership fees. Membership fees range greatly from over $1,000 per month for swanky New York City gyms to about $10.00 per month for budget gyms. In recent years, many gym, health and fitness clubs have adopted a tiered membership system. Gyms commonly offer multiple tiers of memberships. For example, a low-tier membership might cover basic amenities, such as free weights and elliptical equipment. A higher-tier membership might include value-added services, such as access to swimming pools, spas and group yoga classes. Overall membership fees are projected to contribute to industry revenue growth over the five years to 2022.


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    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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    Industry Products

    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

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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

  • Products & Markets
    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
    Competitive Landscape
    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

  • Major Companies
    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

  • Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Gym, Health & Fitness Clubs in New York Industry
  • 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
    Jargon & Glossary
    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 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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