China fitness Services Industry — Ken Research

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Fitness firms are continuously improving their business models by including personal training, group exercise, and other value-added services as the market experiences upheaval.

China Fitness Services Market Ecosystem

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.

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Key Market Findings:

China Fitness Services Market was valued at USD ~ in 2022P and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% in terms of revenue during the forecast period (2022P-2027F).
The sports and fitness industry in China is still at its infant stage, however, it has shown mass potential market space.

The increase in China’s fitness population: While sports and fitness enthusiasts are predominantly based in first-tier cities like Beijing and Shanghai, the advent of fitness apps has played a key role in the increased popularity of exercising throughout the nation. This has encouraged health awareness and exercising to become an essential trend, which has been burgeoning among people in China.

Growing Health Awareness: Fitness industry is growing to be biggest in the world as more and more people are increasingly taking up gym membership in lieu of growing health awareness and stress management. During the forecast period, the increasing sense of health-consciousness amongst the consumers is expected to stimulate the demand for taking fitness services.

Steadily Upgrading Business Model: Fitness firms are continuously improving their business models by including personal training, group exercise, and other value-added services as the market experiences upheaval. They are also investigating other billing model types. Fitness-related sectors are growing as a result of the market trend towards more open, expert, and standardized services.

Analysts at Ken Research in their latest publication “China Fitness Services Market Outlook to 2027F - By Market Structure (Organized, Unorganized) By Revenue Stream (Membership, Personal Trainer, Supplementary Services) By Subscription (3 months, 6 months, 1 year, Others) By Gender (Male, Female) Region (Northern Region, Southern Region, Western Region, Eastern Region)..” observed that China Fitness Services Market is expected to showcase considerable growth in the coming five years. It is anticipated to grow more quickly in the next years owing to the growing consumer awareness about the health, rising Fitness popularity and growing disposable incomes. The Fitness Services market in China is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered in the report