Thursday, March 3, 2011

Influencing factors on fitness industry growth

  • Recession: has caused consumers who found large, all-inclusive gyms too expensive to shift to smaller gyms with fewer ammenities; helping to sustain industry revenues.
  • Health consiousness increase: an increase in obesity and heart diseases has caused for consumers to consider fitness a necessity rather than discretionary.
  • New fitness trends: meditation exercises such as Yoga and Tai-chi have been in fashion for several years now, motivating gyms to have a greater variety of classes.

No comments:

Post a Comment