Industry Analysis & Industry Trends
After almost a decade of expansion, the Gyms and Fitness Centres industry has hit a rut. Driven by rising disposable income levels, increasing health-consciousness and concerns about appearance; gyms and health clubs have signed up over 8.7 million gym members across the United Kingdom, which is about 17% of the adult population. During 2010-11, revenue performance was subdued, and this trend is expected to continue into the current year with growth estimated at 2.8%. The growth prospects for the industry are still substantial, but poor compared with the growth enjoyed the early 2000s.
Over the five years through 2011-12, industry revenue is forecast to increase 2.4% per annum to total £747.3 million in total... purchase to read more
Industry Report - Industry Locations Chapter
Gyms and fitness centres are largely concentrated in urban areas. These areas are able to support a greater number of clubs, due to higher population density and fewer alternative exercise options available in an urban environment. The distribution of revenue by region largely follows the spread of gross value added and, to a lesser extent, income. London is home to about 12.4% of the UK population, but accounts for a huge 29.1% of total industry revenue. The difference can be explained by higher average incomes, allowing gyms to charge greater premiums and sell more value-added services such as personal training... purchase to read more