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Personal Trainers in the UK - Industry Market Research Report

Publisher IBISWorld
Published Oct 24, 2024
Length 61 Pages
SKU # IBSS19340921

Description

Personal Trainers in the UK - Industry Market Research Report


Personal Trainers in the UK

Industry demand is largely dependent on discretionary income, meaning performance in recent years has been widely determined by economic conditions. Industry revenue is expected to decrease at a compound annual rate of 1.8% over the five years through 2023-24 to £705.1 million. Rising disposable income levels and increasing health consciousness led to consistent revenue growth over the three years through 2019-20. However, trends such as budget gyms and at-home fitness classes have risen as a result of falling consumer confidence, limiting demand for personal trainers. Regardless, low barriers to entry have meant the number of personal trainers has skyrocketed. Revenue is estimated to have declined by 23.8% in 2020-21 during the COVID-19 pandemic. Following a rebound in 2021-22 due to the easing of restrictions, revenue is anticipated to grow by 1.4% in 2023-24, remaining somewhat constrained by the rising cost of living.

Operators in this industry offer fitness training to individuals or small groups. They may also provide personalised fitness, health and dietary advice. Personal trainers are typically self-employed, but some work on contract with gyms and fitness studios.

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

61 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
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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