Overview

Bulking up: Franchises will continue to grow as consumers become more health conscious

IBISWorld’s industry research report on Gym & Fitness Franchises can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Industry operators will benefit from an increasingly health-conscious environment, driving membership growth
  • Low start-up costs led to a greater number of industry entrants
  • Gym and fitness franchises will begin targeting specific demographics

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    Industry Analysis & Industry Trends

    The Gym and Fitness Franchises industry is experiencing robust growth as a result of growing membership levels and a more health-conscious population. Over the five years to 2016, the yield on a 10-year treasury note has declined, encouraging borrowing activity. Many franchisors responded to the favorable investment environment by providing more franchise opportunities, which bolstered industry revenue. The growing proliferation of public health campaigns that raise awareness about health and fitness will prompt new gym and fitness franchises to enter the market...

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    Industry Report - Industry Investment Chapter

    The Gym and Fitness Franchises industry is typified by a moderate level of capital intensity. In 2016, for every dollar spent on wages, the industry incurs an estimated $0.26 in capital costs. Wages account for 26.3% of industry revenue, due to the industry requiring trainers, maintenance and administrative staff. Nevertheless, franchises kept labor costs relatively low by employing a part-time labor force and utilizing instructors and personal trainers on an as-needed basis. While industry operators can mitigate high capital costs by renting fitness equipment, the industry still incurred capital costs from investing in automation, such as keycards and surveillance, and the latest technologies to attract users.

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    Additional Insights for the Gym & Fitness Franchises Industry

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

  • Easy access for clients
  • Effective product promotion
  • Provision of appropriate facilities
  • IBISWorld analysts also discuss how external factors such as Time spent on leisure and sports and Number of adults aged 20 to 64 in the Gym & Fitness Franchises industry impact industry performance..

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    Industry Products

    What is the Gym & Fitness Franchises Industry?

    This industry operates franchised fitness establishments and gyms. Franchisees receive branding, marketing, administrative support and training for their franchise. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude nonfranchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.

    Industry Products
    Gyms and fitness centers
    Recreational classes and services
    Swimming pool and spa services
    Dance studios
    Ice rinks, courts and others
    Industry Activities
    Operating aerobic dance and exercise centers
    Operating athletic club facilities for physical fitness
    Operating body building 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
  • Time spent on leisure and sports
  • Number of adults aged 20 to 64
  • Per capita disposable income
  • Participation in sports
  • Yield on 10-year Treasury note

  • Current Performance
  • Health consciousness grips the public
  • Franchise trends
  • Employment and enterprises
  • Chart: Revenue Growth

  • Industry Outlook
  • Cost synergies
  • Technology and retention
  • Establishments and wages
  • Table: Gym & Fitness Franchises Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gym & Fitness Franchises 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

  • Products & Services
  • Gyms and fitness centers
  • Recreational classes and services
  • Ice rinks, courts and others
  • Dance studios
  • Swimming pool and spa services
  • Chart: Gym & Fitness Franchises Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Individuals aged 25 to 44
  • Individuals aged 18 to 24
  • Individuals aged 45 to 64
  • Individuals under 18
  • Individuals aged 65 and older
  • Chart: Major Market Segmentation for the Gym & Fitness Franchises Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchases and feesRent and utilitiesDepreciation, franchise fees and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Gym & Fitness Franchises

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Gym & Fitness Franchises Industry

  • Industry Globalization
    Major Companies
    Anytime FitnessPFIP LLCSnap Fitness
  • Table: Anytime Fitness - financial performance
  • Table: PFIP LLC - financial performance
  • Table: Snap Fitness - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Gym & Fitness Franchises 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 & Fitness Franchises Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    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 on core muscle groups.
  • Retention Rate
  • A rate comparing the number of new gym memberships to canceled gym memberships.
  • 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 & Fitness Franchises:
    • 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 & Fitness Franchises 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 & Fitness Franchises, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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