AMA Research are pleased to announce the publication of the second edition of the report 'Health and Fitness Market Report - Focus on Clubs and Equipment - UK 2012-2016 Analysis'. The report covers the health and fitness club sector (private and public), as well as the commercial and home fitness equipment markets.
HEALTH & FITNESS CLUBS MARKET - market size, key trends and influencing factors for health and fitness provision. PRIVATE SECTOR - Market size and key trends, mix by in-hotel and stand-alone, Mid and Premium sector, assessment by volume of members, volume of clubs and revenue estimates. PUBLIC SECTOR - Market size and key trends, assessment of private leisure management contractors, in-house managed and trust managed facilities. Analysis by number of members, sites and revenue estimates. COMMERCIAL FITNESS EQUIPMENT - Market size and key trends, main suppliers and brands, specialist suppliers, mix between CV and strength training equipment, imports and exports, and distribution mix. HOME FITNESS EQUIPMENT - Market size, trends, analysis of product and distribution mix, key product trends, key suppliers and future prospects.
Despite the economic climate, the health and fitness industry has performed relatively well in 2010-2011, but the sector is experiencing change - both in terms of equipment used and the growth of low-budget gyms. However, growth in the market continued to be constrained by factors such as increasing market maturity and high levels of competition in all sectors of the market.
Significant changes within the private health clubs sector - growth of low-cost clubs in 2010/11.
Developments in the fitness equipment sector - new product trends in 2010/11.
Increasing competition and price pressures within the market - market rationalisation.
Growth in niche market segments.
Market forecasts in 2012 and through to 2015.
Bannatyne Fitness, BodyPower Sports, Concept II Ltd, Cybex International UK Ltd, Dave Whelan Sports, David Lloyd Leisure Group, Decathlon, DW Sports Store, energie Group, Escalade Sports International, Esporta Group, Fitness First, Fitness Options, Gymworld, Icon Health & Fitness UK, JJB Sports, Johnson Health Tech UK, Jordan Leisure Systems, Ladies Workout Express, Life Fitness (UK), New Level UK, Nuffield Health, Powerhouse Fitness, Precor Products, Pulse Fitness, RFE International, Sports Direct, Star Trac Europe, Technogym UK, The Club Company, Topnotch Health & Fitness Clubs, Total Fitness, UK Fitness Supplies, Versaclimber UK, Virgin Active, York Barbell UK.
Fitness Equipment and Health and Fitness Clubs UK Market Size and Forecasts 2011-2016
The health and fitness industry has demonstrated a variable performance over the past 5 years or so. It is estimated that the UK market for health clubs including both the private and public sector was worth £3.8bn in 2011, while the fitness equipment market, covering both commercial and in-home applications, was worth an estimated £354m.
Both the health club market and the market for fitness equipment can be considered mature and, as such, are expected to display moderate growth at best. As shown in the chart, the performance of the fitness equipment market has largely mirrored the performance in the health clubs market since 2006. However, there are differences.
The health club market continued to grow strongly until 2009, buoyed by the local authority, corporate and wellbeing sectors, before demand was negatively affected by falling disposable incomes and rising unemployment. In addition, competition intensified with a number of new budget operators entering the market, pushing membership prices down and leading to a relatively high level of corporate activity. In 2010, the health and fitness club market experienced a first year of zero growth in more than a decade, although the market value is estimated to have returned to growth in 2011 - albeit at a low rate.
The fitness equipment market, on the other hand was affected early in 2008 by a fall in demand with health clubs postponing major refurbishment projects and the rate of new club openings falling substantially. This situation continued until 2009 leading to a fall in market value during the year. While the health and fitness club market remained flat, the commercial fitness equipment market saw a significant increase in revenues in 2010 as health clubs implemented refurbishment programmes in an attempt to attract more members.
Another positive influence on the market at this time was the emergence of a new health club segment aimed at the lower end of the market. The rate of development in this segment has been high during 2010 and 2011, boosting fitness equipment revenues as a number of large projects came on stream. Health club revenue, however, has not greatly benefited from this as membership prices are much lower than for traditional clubs and in many cases, those joining budget clubs were already members of a medium or premium segment club.
There has been a significant amount of product development in the market in recent years, which has benefited the market. Much of the new development has been undertaken with the aim of increasing participation in sports and fitness, with an increasing range of new products aimed at children, young people and disabled persons becoming available.
Within the commercial sector, product development has also been centred on the integration of technology within equipment and more personal entertainment choices. Features such as iPod and USB connectivity and interactive screens with 'virtual trainer' and other advanced software included are becoming a common sight in health clubs.
The outlook for both of these related markets in the medium term is positive. These are mature markets, so growth rates will be limited; however, there is strong underlying demand for health and fitness facilities and, therefore, fitness equipment. It is estimated that by 2016, the market for health clubs will have reached a value of £4.4bn with the fitness equipment market forecast to be worth an estimated £403m.