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Gyms and Fitness Centres in Australia: Market Research Report

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

Gyms and Fitness Centres Market Research Report | ANZSIC R9111 | Nov 2016

Slow burn: The industry's pace of expansion is slowing as the market reaches saturation

IBISWorld’s Gyms and Fitness Centres market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
9.3%
Annual Growth 17-22
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Profit
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Employment
23,564
Businesses
3,669
Industry Analysis & Industry Trends

The Gyms and Fitness Centres industry has grown strongly over the past five years while undergoing considerable structural change. The emergence of budget 24-hour gym chains has stimulated the majority of industry growth. Franchises like Anytime Fitness and Jetts Fitness have undergone exceptional growth over the past five years, attracting new customers with their affordability and accessibility. Rising health consciousness and high obesity levels have triggered further growth in gym memberships. However, many consumers are substituting their expensive full-service gym memberships for more affordable 24-hour gym memberships, which has slightly restricted growth. Industry revenue is expected to grow at a compound annual rate of 9.3% over the five years through 2016-17, to reach $2.1... purchase to read more

Industry Report - Industry Investment Chapter

The Gyms and Fitness Centres industry exhibits a moderate level of capital intensity. IBISWorld estimates that for every dollar spent on capital costs, $6.80 is spent on wages. Fitness centres face particularly high equipment expenses in the form of weight lifting, resistance training and cardiovascular training equipment. 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.

The industry has historically been dependent on labour for exercise instruction on a personal, class-based and broader level... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gyms and Fitness Centres Industry?

Businesses in the industry mainly operate health clubs, fitness centres and gymnasiums, and provide a range of fitness and exercise services.

Industry Products
MembershipsCasual entryMerchandisePersonal trainingClasses
 
Industry Activities
Fitness centre operationGymnasium operationHealth club operation


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