Boxing Gyms & Clubs
Over the five years to 2018, the Boxing Gyms and Clubs industry has benefited from growth in consumer spending power and interest in fitness. Since industry establishments are generally considered a discretionary expense, more consumers have splurged on boxing gym memberships in recent years as disposable income has trended upward. Furthermore, as the US economy has grown, demand for high-value, ancillary industry services have also grown. Consumer interest in health and fitness has been the other primary driver of industry demand. As more consumers have become aware of the negative effects of obesity, the industry has experienced an increase in demand from participants looking to get in ideal physical shape. Over the five years to 2023, industry revenue is expected to continue trending upward, as the macroeconomic climate and consumer interest in fitness persist. Nevertheless, demand will be pressured by external competition and slowed economic growth, particularly from free, online-based work-out videos.
This industry includes facilities that provide instruction on the sport of boxing, the practice of fist fighting with padded gloves within a roped square ring. This industry does not include boxing event promoters or organizers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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