The structure of the Gyms and Fitness Centres industry has changed considerably over the five years through 2015-16, steering it towards healthy growth. The majority of this growth has been stimulated by the emergence of budget 24-hour gym chains. Franchises like Anytime Fitness and Jetts Fitness have grown exponentially over the past five years, attracting customers with their affordability and accessibility. Rising health awareness and obesity levels have triggered further growth in gym memberships, although consumers substituting their expensive full-service gym memberships for more affordable 24-hour gym memberships has restricted growth.
Businesses in the industry mainly operate health clubs, fitness centres and gymnasiums, and provide a range of fitness and exercise services.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.