China Fitness Market Outlook to 2027F

The report provides a comprehensive analysis of the potential of the fitness market in China. The report covers an overview and genesis of the industry, market size in terms of revenue generated.

The China fitness market segmentations include Market Structure, Revenue Stream, Subscription, Gender and Region; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the China fitness market is forecasted to grow at a robust CAGR in the period of 2022P-2027F, owing to increased popularity of exercising throughout the nation and the internet, particularly among the younger generation.

The sports and fitness market in China has seen exponential growth, from about ~ gyms in 2001 to approximately ~ fitness clubs by the end of 2022.

Opportunity seemed to be caught by digital-focus gyms with a business model of retail stores and online apps, rather than the traditional brick-and-mortar gyms that provide long-term memberships.

Key Trends by Market Segment:

By Gender: Chinese female consumers are more likely to sign up for fitness classes and personal training in gyms than their male counterparts. In 2021, female customers accounted for the majority of such memberships.

By Region: The sports and fitness enthusiasts are predominantly based in first tier cities like Beijing and Shanghai. Due to rising health awareness many fitness influencers have made fitness popular among the mass. Youth population follow the influencers as fitness icons. This has led to health awareness and exercising as an essential trend that is being embraced by everyone in China.

Competitive Landscape:

In China Fitness Market there are about ~ players operating in the overall market, and top ~ players accounted ~% share in the market in terms of revenue. The China fitness market is fragmented and has high intensified competition within industry players.

Future Outlook:

The China Fitness Market is projected to show a significant growth of CAGR ~% in the forecasted period of 2022-2027F, with the people growing awareness about the Health and increase in household disposable income.