Gyms, Health & Fitness Clubs in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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Essential resource for top-line data and analysis covering the South Korea gyms, health & fitness clubs market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
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What was the size of the South Korea gyms, health & fitness clubs market by value in 2016?
What will be the size of the South Korea gyms, health & fitness clubs market in 2021?
What factors are affecting the strength of competition in the South Korea gyms, health & fitness clubs market?
How has the market performed over the last five years?
How large is South Korea’s gyms, health & fitness clubs market in relation to its regional counterparts?
The gyms, health & fitness clubs market refers to clubs that provide exercise facilities such as weight and exercise machines, fitness classes, personal training and other services such as health and beauty facilities, food and drink, clothing and equipment, designed for users to improve and maintain their physical health. Market revenues are calculated as the membership fees paid to clubs, and any currency conversions used in the creation of this report have been calculated using constant 2015 annual average exchange rates.
The South Korean Gyms, Health & Fitness Clubs market is expected to generate total revenues of $897.3m in 2016, representing a compound annual growth rate (CAGR) of 1.7% between 2012 and 2016.
South Korea is fairly unusual in that it’s obesity levels are very low, but life styles overall are very sedentary. Gym penetration is good, but membership levels could be better.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 2% for the five-year period 2016 - 2021, which is expected to drive the market to a value of $989.5m by the end of 2021.