Industry Analysis & Industry Trends
With steady growth in gym openings and revenue increases, the Gyms and Fitness Centres industry has expanded strongly over the past decade, particularly in the five years through 2012-13. Driven by rising disposable income levels, increasing health-consciousness and concerns about personal appearance, gyms and health clubs have signed up an estimated 8.7 million gym members across the United Kingdom, which is about 17% of the adult population. Despite a weak economy, an increasing number of people feel compelled to carry out regular exercise within gyms and fitness centres, while major sporting events, such as the 2012 London Olympics, provides additional motivation.
Over the last five years industry revenue is estimated to increase at an annualised 9.5% to £1.15... 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 an estimated 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