“Rising additional services, Increasing Number of organized fitness centres and increasing the popularity of female-specific gyms will be the key factors driving growth in Australia Fitness Services Market.”
The report titled “Australia Gym and Fitness Centre Market Outlook to 2023 - By Revenue Stream (Membership Fee and Personal Trainer Fee), By Subscription Period (1 month, 3 months, 6 months and 1 year), By Region, By Number of Gyms, by Subscription Fees and By Gender” by Ken Research suggests, the market for Australia fitness services in terms of revenue enhanced at a CAGR of 4.7% over the review period (2013-18).
Increasing Organized Fitness Centres: The Australia Fitness Services market has surged with a rising number of fitness centres. Organized fitness centres have approximately more than three fourth of the total fitness service outlets in Australia. The rise in services offered by fitness centres such as the swimming pool, showers, lockers sports facility and many others have attracted the customers towards the organized fitness service centres. One of the major reasons behind surging growth of the organized fitness centres is the diversification of services and easy accessibility of fitness centres from a customer’s house as they are majorly present in across all the regions.
Shift Towards 24 Hours Gym: There has been a shift in the preference of customers towards 24 hours budget-friendly gyms from expensive full-service gym memberships. The reason for the shift towards 24 hours gyms is mainly because of time convenience and flexibility offered to the members. Budget 24-hour gyms generally operate without staff, and wage savings flow down to consumers in the form of cheaper membership prices. Increase in popularity of 24 hours gyms has boosted the growth of the fitness service market in the review period (2013-18).
Growing Adult Obesity: There has been an increase in the percentage of Australians of age 18 years and above who were overweight or obese from 63% in 2014-15 to 67% in 2017-18. This increase in adult obesity has shifted the focus towards living a healthy life and made people more health conscious and hence, paved the way for the growth of the fitness service market in Australia.
Diversification of Services: Increase in group exercises such as Zumba, Pilates, Aerobics and Yoga is also contributing to the growth of the fitness service market as in the future majority of the new fitness centres will be looking forward to offering these services at lower rates to capture the majority of the customers into their fitness centres. Currently these group exercises have been majorly offered in organized fitness centres only but in future, it has been expected various new unorganized fitness centres will also, provide the facility of group exercise to their customers to remain into the competition of the market.
Key Segments Covered:-
By Revenue Streams
Membership Fee
Personal Training Fee
By Subscription period
1 month
3 months
6 months
1 year
By Region
New South Wales
Victoria
Queensland
Western Australia
Southern Australia
Australian Capital Territory
Tasmania
Northern Territory
By Type of Market
Organized Market
Unorganized Market
By Number of Gyms by Subscription Fee
Up to 850 AUD
Between 850- 1200 AUD
Above 1200 AUD
By Gender –Gym Members
Males
Females
Key Target Audience
Fitness Centers in Australia
Fitness Equipment companies
Private Equity firms
Ministry of Health
Time Period Captured in the Report
Historical Period: 2013-2018
Forecast Period: 2019-2023E
Major Fitness Centers Covered:-
Anytime Fitness
YMCA Australia
Good life Health Clubs
CrossFit
Plus Fitness
Snap Fitness
Jetts Fitness
F45 Aus Hold Co Pty Ltd
World Gym
Fernwood Fitness
Virgin active
Genesis Fitness
Fit N Fast
Zap Fitness
Fitness First Australia Pty Ltd
Powerhouse Gyms
Furious Fitness 24/7
Stepz Gym
Derimut Gym
Keywords:-
Market share Major Gyms Australia
Men Gym Market Australia
Mixed Gym Members Australia
Number of Fitness Centres Australia
Number of Gyms in Australia
Organized Fitness Club Revenue Australia
Personal Fitness Training Market Australia
Rush Gym Australia Fitness Service Market
Strength Fitness First Australia
Trends in Fitness Services Australia
Yearly subscription Fee Fitness Services Australia
Yoga Studio Market Australia
Australia Gym Market
Australia Fitness Centre Market
Australia Fitness Service Market
Competition Fitness Clubs Australia
Cross Fit Market Australia
Female Gym Industry Australia
For More Information, Refer To Below Link:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
