Children's Fitness Center Franchises
The Children's Fitness Center Franchises industry has fared well over the five years to 2018, driven by rising per capita disposable income and growing awareness of child obesity. To help mitigate child obesity, some children's fitness center franchises have offered balance, coordination and other forms of training. However, franchises have contended with rising external competition, notably from afterschool programs, child athletic programs and child daycare programs, thus limiting revenue growth opportunities. Over the five years to 2023, industry revenue is forecast to grow at an annualized rate of 1.4% to $443.9 million. During the outlook period, the industry is slated to benefit from a strong macroeconomic climate and positive demographic trends. Anticipated growth in disposable income throughout the period will deepen parents' pockets and enable them to splurge on fitness programs for their children.
This industry operates franchised fitness and recreational sports facilities for children aged 18 and younger. Reports in IBISWorld’s Business Franchise collection focus solely on the operation of franchised outlets and excludes non-franchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. The reports also highlight the largest franchisors by market share.
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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