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Boxing Gyms and Clubs in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Boxing Gyms and Clubs Market Research Report | Consumer Goods & Services | Sports & Recreation | Apr 2013

Saved by the bell: The industry will return to growth as gyms capitalise on fitness trends

IBISWorld’s Boxing Gyms and Clubs market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$129m
Annual Growth 08-13
-1.0%
Annual Growth 13-18
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Profit
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Employment
2,359
Businesses
488
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 - Starting a New Business Chapter

Unlike larger fitness centres and general gyms, barriers to entry for boxing gyms and clubs are relatively low. Capital costs are minimised because most establishments are leased rather than purchased. This provides a relatively low cost basis for entry. The most significant capital requirement at start-up is the cost of purchasing gym equipment, such as weights, bikes, treadmills, punching bags, a boxing ring and other exercise equipment. Most heavy equipment, however, depreciates slowly once purchased and often lasts a long time. Maintenance and replacement costs are therefore relatively low. Many smaller start-up gyms also reduce initial costs by purchasing second-hand equipment.

Another barrier to entry is the experience required to start a reputable boxing gym... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Boxing Gyms and Clubs Industry?

Establishments in this industry are facilities that operate specifically for the instruction of the sport of boxing and other modern martial arts. This industry does not include boxing event promoters or organisers.

Industry Products
Private boxing classesMerchandise and apparelGroup circuit classesGroup boxing classesOther services
 
Industry Activities
Providing boxing group and individual classesProviding martial arts group and individual classesProviding fitness classesRetailing merchandiseSpace and facilities rentalProviding boxing group and individual classesProviding martial arts group and individual classesProviding fitness classesRetailing merchandiseSpace and facilities rental


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