Exercise Professionals - Deloitte report – Asia Pacific fitness market now worth US$16.8bn...
21 Jun 2018 Exercise professionals: News, jobs and training
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

14 Jun 2018

Deloitte report – Asia Pacific fitness market now worth US$16.8bn
BY Tom Walker

There are now more than 25,000 clubs across the region, accommodating around 22 million club members

There are now more than 25,000 clubs across the region, accommodating around 22 million club members

Fast-growing economies and the prospect of future growth are fueling Asia Pacific's fitness sector, according to a new report by Deloitte and IHRSA.

The IHRSA Asia-Pacific Health Club Report shows that the region's fitness idustry is now worth US$16.8bn (€14.2bn, £12.5bn) – a new record high.

It also estimates that there are now more than 25,000 clubs across the region, accommodating around 22 million club members.

Only two markets in the region are considered mature – Australia and New Zealand – which means there are plenty of opportunities for wellness business of all sizes to move in and to establish a presence.

Some of those opportunities are already being snapped up by operators.

The penetration rate within Hong Kong's fitness market has grown to around 5.9 per cent, while in Singapore the rate is currently at 5.8 per cent.

Both are high above the 3.8 per cent average penetration rate measured in 2015.

Significant growth opportunities still remain across the region, with a number of developed economies, such as the Philippines (penetration rate of 0.53 per cent), Thailand (0.5 per cent) and Indonesia (0.18 per cent), having very low number of active operators.

"Driven by the momentum of economic prosperity, the fitness market in the Asia Pacific region has shown steady growth, with a positive outlook going forward," said Alan MacCharles, partner at Deloitte China.

"Overall market penetration is on an upward trajectory, reflecting an increasing awareness of the importance of good health and the role a club membership can play in this."

The report focuses on the health club industry in 14 markets in the Asia-Pacific region as well as 10 city-level insights for select cities in China and India.

To read a more a more detailed analysis of the report, click here for issue 6 of Health Club Management magazine.



Connect with
Exercise Professionals
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Dallas Cowboys launches 'first-of-its-kind' athletic healthcare facility open to the public
Dallas Cowboys launches 'first-of-its-kind' athletic healthcare facility open to the public   21 Jun 2018

National Football League (NFL) franchise the Dallas Cowboys has partnered with architects Perkins + Will, healthcare provider Baylor Scott & White .... more>>
Active Uprising kicks off in Manchester
Active Uprising kicks off in Manchester   21 Jun 2018

Leaders from across the physical activity industry have gathered for the first ever Active Uprising event – organised by ukactive – which is being .... more>>
Could devolving powers make UK towns and cities more healthy?
Could devolving powers make UK towns and cities more healthy?   19 Jun 2018

Giving town and cities more powers to decide over taxation and public spending could improve public health across the UK, an influential new report .... more>>
Leisure trust invests in 'mental health first aid'
Leisure trust invests in 'mental health first aid'   18 Jun 2018

A leisure trust has ensured that all its senior managers are qualified "mental health first aiders", as part of a proactive approach to supporting .... more>>
Life Time opens two large Athletic Lifestyle clubs to expand US wellness portfolio
Life Time opens two large Athletic Lifestyle clubs to expand US wellness portfolio   18 Jun 2018

US-based health and racquets club operator Life Time has opened two Athletic Lifestyle-branded clubs in Texas this month. The Athletic Lifestyle .... more>>
Physical exercise 'protects against Alzheimer's'
Physical exercise 'protects against Alzheimer's'   18 Jun 2018

Physical exercise and keeping fit can protect against the onset of Alzheimer's disease, according to a study by the Centre for Human .... more>>
Company profile


Physical Company Ltd

Physical Company supply over 1,900 product lines including some of the most pioneering pieces of kit in the industry.

View full profile>>

Catalogue gallery


Featured Supplier

Alliance Leisure launches new training and marketing brand

Alliance Leisure launches new training and marketing brand

In response to the continued success of Alliance Leisure’s client support services, the organisation has relaunched this part of the business under a new brand. More>>




in this issue

• Growth drivers of fitness identified
• 'Fitness at Work' guidance published
• Westin to make UK debut in London



Latest jobs

Jobs Search



Lifeguards
Salary: Competitive salary
Location: Nuneaton, UK
Company: Everyone Active
Fitness Manager
Salary: £18,000-£20,000 dependant on experience
Location: Bicester OX26 2NR, UK
Company: Legacy Leisure
Fitness Motivator / Personal Trainer
Salary: Competitive salary
Location: St Albans, UK
Company: Everyone Active
Recreation Assistant -North Hykeham
Location: North Hykeham, Lincoln, UK
Company: GLL
Diary dates
Powered by leisurediary.com




24 Apr - 26 Nov 2018

MAPIC Russia

Expocentre, Moscow, Russia


18-21 Jun 2018

MuseumNext Europe

Exhibition Road, London, United Kingdom



Health Club Management magazine 2018 issue 6
Health Club Management
2018 issue 6

View issue contents
View on turning pages
Download PDF
  Ask an expert: Get real
Steph Eaves digs into the challenges faced by operators around securing new sites in the current real estate market More>>
  Promotional feature: eGym
eGym has developed a programme specifically designed to combat diabetes, giving operators the perfect way to attract and assist this segment of the population More>>


Health Club Management magazine 2018 issue 5

Health Club Management
2018 issue 5

View issue contents
View turning pages
Download PDF
  Promotional feature: Dyaco
UFC commercial range offers gyms a brand “synonymous with elite-level performance” More>>
  Editor’s letter: An upward trend
Liz Terry shares her thoughts More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd