
Gyms and Fitness Centres in New Zealand - Industry Market Research Report
Description
Gyms and Fitness Centres in New Zealand
The industry has contended with varied trading conditions in recent years. Upwards trends in health consciousness and real household discretionary income have boosted industry demand. Although, the COVID-19 pandemic and the Central Government's (Te Kawanatanga o Aotearoa) subsequent restrictions negatively affected industry growth. Gyms and fitness centres' obligation to suspend membership fees during lockdowns and government-mandated capacity limits constrained regular gym and fitness centre operations. Industry revenue has shrunk at an annualised 0.9% through the end of 2022-23, to an anticipated $379.7 million. A tumble in the consumer sentiment index is also causing revenue to decline by an expected 8.9% in 2022-23 alone.
Industry firms operate health clubs, fitness centres and gymnasiums. The industry provides a range of fitness and exercise services.
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.
The industry has contended with varied trading conditions in recent years. Upwards trends in health consciousness and real household discretionary income have boosted industry demand. Although, the COVID-19 pandemic and the Central Government's (Te Kawanatanga o Aotearoa) subsequent restrictions negatively affected industry growth. Gyms and fitness centres' obligation to suspend membership fees during lockdowns and government-mandated capacity limits constrained regular gym and fitness centre operations. Industry revenue has shrunk at an annualised 0.9% through the end of 2022-23, to an anticipated $379.7 million. A tumble in the consumer sentiment index is also causing revenue to decline by an expected 8.9% in 2022-23 alone.
Industry firms operate health clubs, fitness centres and gymnasiums. The industry provides a range of fitness and exercise services.
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.
Table of Contents
44 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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