Working out well: Establishment numbers have strengthened due to the popularity of 24-hour gyms

The Gyms and Fitness Centres industry has strongly grown over the past five years while undergoing considerable structural change. The emergence of budget gym chains and premium functional fitness gyms has stimulated most of the industry's growth. Franchises like Anytime Fitness and Jetts Fitness have undergone exceptional growth over the five-year period, attracting new customers with their affordability and accessibility. The rapid growth of functional fitness-based gyms has attracted affluent and time-poor consumers, and supported industry revenue growth. However, a decline in discretionary income over the past three years has contained the industry's expansion. Overall, industry revenue is expected to grow at an annualised 4.8% over the five years through 2018-19, to $2.5 more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Budget gym chains and premium functional fitness gyms have driven industry revenue growth
  • Popular 24-hour gyms have taken market share away from traditional full-service gyms
  • The ageing population will likely stimulate demand for class activities in full-service gyms
  • Industry Report - Industry Investment Chapter

    The Gyms and Fitness Centres industry exhibits moderate capital intensity. For every dollar spent on capital costs, an estimated $6.78 is spent on wages. Fitness centres face particularly high equipment expenses in the form of weight lifting, resistance training and cardiovascular training equipment. However, most of this cost is only required upon setup as most equipment has a long lifespan. For most businesses, investment in capital is also reserved for cheap and freely available communications equipment (i.e. computers, mobile phones and laptops with remote internet access). Some companies purchase the premises that the gym is situated in, heavily increasing depreciation expenses...purchase to read more.

    Additional Insights for the Gyms and Fitness Centres Industry

    IBISWorld has determined the most important Key Success Factors for the Gyms and Fitness Centres are:

  • Carrying out all necessary maintenance to keep facilities in good condition
  • Having a high profile in the market
  • Easy access for clients
  • IBISWorld analysts also discuss how external factors such as Health consciousness and Average weekly hours worked in the Gyms and Fitness Centres industry impact industry performance..

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    What's in this report

    What is the Gyms and Fitness Centres Industry?

    Industry businesses mainly operate health clubs, fitness centres and gymnasiums, and provide a range of fitness and exercise services.

    Industry Products
  • Memberships
  • Casual entry
  • Personal training
  • Classes
  • Industry Activities
  • Fitness centre operation
  • Gymnasium operation
  • Health club operation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Health consciousness
  • Average weekly hours worked
  • Real household discretionary income
  • Consumer sentiment index
  • Levels of obesity

  • Current Performance
  • Industry participation
  • Demand trends
  • Premium and

    budget gyms

  • Health trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry participation
  • Market saturation
  • Interest in fitness
  • Table: Gyms and Fitness Centres Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Gyms and Fitness Centres Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers
  • Sports and Physical Recreation Clubs

  • Key Selling Industries
  • Babysitting and Other Personal Services
  • Health Insurance
  • Toy and Sporting Goods Manufacturing

  • Products & Services
  • Memberships
  • Personal training
  • Other
  • Classes
  • Casual entry
  • Chart: Gyms and Fitness Centres Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 15 to 34
  • People aged 35 to 54
  • People aged 55 and over
  • Chart: Major Market Segmentation for the Gyms and Fitness Centres Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Rent
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Gyms and Fitness Centres

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Gyms and Fitness Centres Industry

  • Industry Globalization
    Fitness and Lifestyle Group TopCo Pty Ltd, Anytime Australia Pty Ltd, F45 Aus Hold Co Pty Ltd,
  • Table: Fitness and Lifestyle Group TopCo Pty Ltd - financial performance
  • Table: Anytime Australia Pty Ltd - financial performance
  • Table: F45 Aus Hold Co Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Gyms and Fitness Centres Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Gyms and Fitness Centres Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Circuit Training
  • An exercise program that involves performing and repeating several exercises over a short time period.
  • Crossfit
  • A rounded exercise program provided by gyms that focuses on improving strength and conditioning.
  • Pilates
  • A physical fitness system that focuses on improving flexibility, core strength and endurance.
  • What Our Customers Say

    Why buy this report?

    The Gyms and Fitness Centres market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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    This report on Gyms and Fitness Centres:
    • 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 Gyms and Fitness Centres 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

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