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Australia Fitness Services Market is Driven by Growing Penetration of Fitness Service Centres And Emergence of 24 Hours Gyms: Ken Research

Press release   •   Jul 24, 2019 17:32 IST

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:-

Australia Gym and Fitness Centre Market Outlook

Related Reports:-

Vietnam Fitness Services Market Outlook To 2023 - By Subscription Period, By Organized And Unorganized, By Revenue Streams (Membership Fee And Personal Trainer Fee)

Philippines Fitness Service Market Outlook To 2023 - By Revenue Streams (Membership Fee And Personal Training), By Membership Subscription Package (1 Month, 3 Months, 6 Months & 12 Months), By Regions (Luzon, Visayas And Mindanao) And By Gender

Oman Fitness Services Market Outlook To 2022 - By Gym Membership And Personal Training, By Region (Al Batinah North, Al Batinah South, Ad Dakhiliyah, Dhofar And Muscat), By Gender And By Membership Subscription (Annual, 6 Months, 3 Months, 1 Month)

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