Gyms, Health & Fitness Clubs in South Korea

Gyms, Health & Fitness Clubs in South Korea



Summary



Gyms, Health & Fitness Clubs in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.



Key Highlights



– 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 2017 annual average exchange rates.

– The South Korean gyms, health & fitness clubs market had total revenues of $940.3m in 2018, representing a compound annual growth rate (CAGR) of 2% between 2014 and 2018.

– The South Korean market is mature, meaning that strong growth is inhibited due to the large number of consumers which already have gym memberships.

– Lifestyle changes have meant that the market has had steady growth and more people have been inclined to join a fitness club.



Scope



– Save time carrying out entry-level research by identifying the size, growth, and leading players in the gyms, health & fitness clubs market in South Korea

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the gyms, health & fitness clubs market in South Korea

– Leading company profiles reveal details of key gyms, health & fitness clubs market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the South Korea gyms, health & fitness clubs market with five year forecasts



Reasons to Buy



– What was the size of the South Korea gyms, health & fitness clubs market by value in 2018?

– What will be the size of the South Korea gyms, health & fitness clubs market in 2023?

– 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?




Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: enquiry@researchbymarkets.com *Industry Press Release is a part of Research By Markets.