Gyms, Health & Fitness Clubs in China
Synopsis
Gyms, Health & Fitness Clubs in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Summary
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the gyms, health & fitness clubs market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the gyms, health & fitness clubs market in China
- Leading company profiles reveal details of key gyms, health & fitness clubs market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China gyms, health & fitness clubs market with five year forecasts
Scope
Essential resource for top-line data and analysis covering the China gyms, health & fitness clubs market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy
- What was the size of the China gyms, health & fitness clubs market by value in 2016?
- What will be the size of the China gyms, health & fitness clubs market in 2021?
- What factors are affecting the strength of competition in the China gyms, health & fitness clubs market?
- How has the market performed over the last five years?
- How large is China’s gyms, health & fitness clubs market in relation to its regional counterparts?
Key Highlights
The gyms, health & fitness clubs market refers to clubs that provide exercise facilities such as weight and exercise machines, fitness classes, personal training and other services such as health and beauty facilities, food and drink, clothing and equipment, designed for users to improve and maintain their physical health. Market revenues are calculated as the membership fees paid to clubs, and any currency conversions used in the creation of this report have been calculated using constant 2015 annual average exchange rates.
The Chinese Gyms, Health & Fitness Clubs market is expected to generate total revenues of $2,804.1m in 2016, representing a compound annual growth rate (CAGR) of 16.6% between 2012 and 2016.
In China, growth of the fitness industry has not been level with general growth overall due to the high prices of real estate holdings and the rather unrealistic demands that gyms were initially making in their business models, such as 100% fee payment upfront.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 12.9% for the five-year period 2016 - 2021, which is expected to drive the market to a value of $5,133.5m by the end of 2021.