Industry Analysis & Industry Trends
The Boxing Gyms and Clubs industry has been stagnant over the five years through 2012-13. Boxing gyms and clubs have traditionally been tied to competitive sports, with many running competitive sparring tournaments. Over the past five years, revenue has struggled to remain afloat as boxing and other forms of martial arts have become less popular as competitive sports. IBISWorld expects this is largely due to the time commitment involved in organised participation and competitive boxing, which is creating a significant hurdle for participation by time-conscious consumers. The fear of injury has exacerbated this trend, with consumers fearing time off work or study to recover. As a result, industry revenue is expected to decrease at an annualised 1.0% over the five years through 2012-13... purchase to read more
Industry Report - Industry Products Chapter
Industry services mainly consist of group training classes and private boxing sessions. Boxing clubs also provide other services, such as general use of equipment and club training sessions. Most gyms will also stock boxing equipment, such as gloves, wraps and mouthguards, for members to purchase.
The majority of industry revenue is generated from provision of group training classes, which are split into group circuit and group boxing classes.
Group circuit classes are estimated to account for 31% of industry revenue. These classes combine running and core workouts with bag and pad work for a complete cardio fitness and boxing workout routine... purchase to read more