Martial Arts Studios industry growth was hampered early in the current five-year period as the recession set in and the economy sagged. However, as the economic recovery took hold, rising per capita disposable income propelled consumers to increase spending on fitness, including martial arts instruction, supporting revenue growth. In the five years to 2019, the industry is expected to grow at an even faster rate. A robust economic recovery is expected to endow consumers with higher disposable income levels, enabling them to spend more money on martial arts instruction, particularly costly private lessons. Additionally, the popularity of mixed martial arts will continue to drive demand for the industry.
This industry includes facilities that offer instruction in martial arts. These classes include karate, kendo, judo, jiu jitsu, krav maga, tae kwon do, muay thai and mixed martial arts, among others. This industry does not include self-defense instruction.
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.