Gyms and Fitness Centres in New Zealand - Market Research Report

Gyms and Fitness Centres industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.6%

The Gyms and Fitness Centres industry has expanded over the past five years, following significant structural change. The rising popularity of 24-hour budget gym chains has been the main driver of industry growth. Budget gyms, such as Jetts Fitness and Snap Fitness, are able to offer consumers affordable memberships, flexibility and convenience. These benefits have attracted many new consumers who were previously unable to pay for expensive full-service gym memberships, or who could not attend a gym during regular opening hours. Rising discretionary incomes and positive consumer sentiment have also encouraged increased expenditure on industry services over the past five years. However, the rise of budget gyms has caused the average membership fee to...
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Gyms and Fitness Centres industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue for the Gyms and Fitness Centres industry is anticipated to grow steadily over the next five years, albeit at a slower pace than the previous five-year period. As XX-hour gyms continue to expand their networks, the industry is anticipated to become increasingly saturated. This saturation is likely to lead to fierce competition for clients. Industry revenue is forecast to grow by an annualised X.X% over the five years through XXX-XX, to $XX.X million. Membership numbers are projected to continue growing over the next five years, supported by forecast increases in discretionary income, health consciousness and New Zealand's population. However, membership growth is anticipated to slow over the next five years, limiting expansion opportunities...
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Gyms and Fitness Centres industry statistics

  • attach_money Market Size: $438m
  • business Number of Businesses: 1,045
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 4,471

Biggest companies in the Gyms and Fitness Centres industry

The companies holding the largest market share in the Gyms and Fitness Centres in New Zealand industry include Les Mills Holdings Limited, Duval Limited, CityFitness Group Limited and Lift Brands New Zealand Limited.

  • pie_chart Les Mills Holdings Limited Market Share: x.x%
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  • pie_chart Duval Limited Market Share: x.x%
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  • pie_chart CityFitness Group Limited Market Share: x.x%
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  • pie_chart Lift Brands New Zealand Limited Market Share: x.x%
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What is Gyms and Fitness Centres industry?

Industry Definition

Industry firms provide architectural design and drafting services, landscape design services and town planning services. Industry operators also provide consultation on land zoning and building code regulations. Activities related to prime contractors managing or organising construction projects are excluded from the industry.

Industry Products and Services

  • Schematic design
  • Design development
  • Contract documentation
  • Architectural drafting services
  • Contract administration
  • Other architectural and related services

Industry Activities

  • Architectural consultancy services (excluding construction management)
  • Architectural design and drafting services
  • Architectural landscaping services
  • Town planning services

Market research report - table of contents

Industry Definition

Industry firms operate health clubs, fitness centres and gymnasiums. The industry provides a range of fitness and exercise services.

Main Activities

  • Fitness centre operation
  • Gymnasium operation
  • Health club operation

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Health consciousness influences demand for gym memberships. An increase in health consciousness and awareness about the importance of exercise tends to dr...
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Health consciousness
Real household discretionary income
Consumer sentiment index
Levels of obesity

Current Performance

Budget and premium gyms
Industry participation
Profit
 Chart: Revenue Growth

Industry Outlook

Profit
Industry structure
 Table: Gyms and Fitness Centres in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Gyms and Fitness Centres in New Zealand - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in New Zealand
Sports and Physical Recreation Clubs in New Zealand





Key Selling Industries

Health Insurance in New Zealand
Electricity Retailing in New Zealand





Products & Services

Industry operators vary widely regarding the services and facilities they offer consumers. Low-cost operators offer consumers basic amenities and gym equi...
Consumers aged 35 to 54
Consumers aged 55 and over




Demand Determinants

Demand for the industry's services is correlated with trends in health consciousness, discretionary income, leisure time available, the age of the populat...
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Major Markets

Consumers aged 35 to 54
Consumers aged 55 and over





 Chart: Major Market Segmentation for the Gyms and Fitness Centres in New Zealand - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Gyms and Fitness Centres industry has moderate market share concentration. In 2019-20, the industry's four largest fitness chains, Jetts Fitness, Snap...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Gyms and Fitness Centres in New Zealand - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Gyms and Fitness Centres in New Zealand - Market Research Report Industry

Industry Globalization

Les Mills Holdings Limited is a New Zealand-owned premium gym chain. The company was founded in 1968 in Auckland. Along with its gym and fitness centres, ...
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Les Mills

 Table: Les Mills - financial performance

Jetts Fitness

 Table: Jetts Fitness - financial performance

CityFitness

 Table: CityFitness - financial performance

Snap Fitness

 Table: Snap Fitness - financial performance

Capital Intensity

The Gyms and Fitness Centres industry exhibits a moderate level of capital intensity. In 2019-20, for every dollar spent on capital costs, $6.42 is expect...
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 Chart: Level of Capital Intensity for the Gyms and Fitness Centres in New Zealand - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Gyms and Fitness Centres in New Zealand Industry

Industry Revenue (2008-2026)
Industry Gross Product (2008-2026)
Establishments (2008-2026)
Businesses (2008-2026)
Employment (2008-2026)
Exports (2008-2026)
Imports (2008-2026)
Wages (2008-2026)
Domestic Demand (2008-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Gyms and Fitness Centres industry?

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This report on Gyms and Fitness Centres in New Zealand:

  • 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 in New Zealand 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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